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Perfect Corp (PERF)
NYSE:PERF
Earnings Data
Report Date
Apr 23, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.01Last Year’s EPS
<0.01Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 26, 2025
|% Change Since: -12.44%
|Next Earnings Date:Apr 23, 2025
Earnings Call Sentiment|Positive
The earnings call presented a positive outlook with strong growth in revenue and active subscribers, strategic acquisitions, and expansion into new markets. However, there were challenges such as a significant decline in licensing revenue, ongoing difficulties in the B2B market, and a decrease in gross margin due to increased costs.Company Guidance
During the conference call, Perfect Corp. provided guidance for 2025, projecting total revenue growth between 13% and 14.5% compared to 2024. The company reported a strong financial performance in 2024, with total revenue increasing by 12.5% year-over-year to $60.2 million. The adjusted net income rose by 18.6% to $8.3 million, while operating cash flow generated a net inflow of $13 million. The company's mobile app subscription business saw significant growth, with active paying subscribers increasing by 14.3% to over 1 million. The B2B segment experienced challenges, but the acquisition of Wanna from Farfetch is expected to expand Perfect Corp.'s market reach and strengthen its position in the fashion and beauty sectors. Despite a decline in gross margin to 74.1% in the fourth quarter, the company remains optimistic about sustained growth through continued investment in AI technology and strategic expansions.Double-Digit Revenue Growth
Perfect Corp. reported a 12.5% year-over-year revenue growth for the full year 2024, reaching $60.2 million, driven by strong growth in the mobile app subscription business under AI/AR cloud solutions.
Increase in Active Paying Subscribers
The number of active paying subscribers for Perfect Corp.'s mobile app business grew by 14.3% to over 1 million at the end of 2024 compared to 879,000 at the end of 2023.
Strategic Acquisition of Wanna
Perfect Corp. completed the acquisition of Wanna from Farfetch, expanding its market reach in the fashion sector, particularly in virtual try-on services for shoes, handbags, scarves, and clothes.
B2B Expansion and New Markets
Perfect Corp. deepened market penetration in skincare and makeup segments, expanded to aesthetic clinics, and reached 732 brand clients with over 822,000 SKUs onboarded.
Strong Cash Position
The company held $165.9 million in cash and cash equivalents at the end of 2024, demonstrating strong financial health.
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PERF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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PERF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 26, 2025 | $1.93 | $1.91 | -1.04% |
| Oct 29, 2024 | $1.93 | $1.88 | -2.59% |
| Jul 24, 2024 | $2.20 | $2.11 | -4.09% |
| Apr 24, 2024 | $2.33 | $2.27 | -2.58% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Perfect Corp (PERF) report earnings?
Perfect Corp (PERF) is schdueled to report earning on Apr 23, 2025, TBA Not Confirmed.
What is Perfect Corp (PERF) earnings time?
Perfect Corp (PERF) earnings time is at Apr 23, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PERF EPS forecast?
PERF EPS forecast for the fiscal quarter 2025 (Q1) is 0.01.
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