Perfect Corp

Perfect Corp. engages in the provision of augmented reality (AR) and artificial intelligence (AI) SaaS solutions to the beauty and fashion industries. It utilizes facial 3D modeling and AI deep learning technologies, with beauty brands product try-on, facial diagnostics, and digital consultation services. The company was founded by Alice H. Chang in 2015 and is headquartered in Taipei, Taiwan.

Earnings data Q1 2023

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Perfect Corp reports solid Q1 earnings, eyes growth in AI tech

Perfect Corp's Q1 2023 performance showcased revenue growth, positive net income, and strong partnerships with luxury brands. The company's focus on AI technology and user engagement through new features like Magic Avatar is driving innovation. While challenges in cost management persist, opportunities in new markets and subscription services present avenues for sustained growth.

Perfect Corp reports strong Q2 earnings, eyes growth in beauty tech

Perfect Corp delivered a strong performance in Q2 2023, marked by revenue growth, net income improvement, and strategic initiatives in AI and product innovation.
While facing challenges in maintaining gross margin and profitability, the company's focus on customer engagement and expansion presents opportunities for future growth.
With a solid cash position, active subscriber growth, and a positive revenue outlook for 2023, Perfect Corp is well-positioned to navigate challenges and capitalize on opportunities in the beauty tech market.
Investors should monitor the company's efforts to address cost structures, drive profitability, and leverage its technological advancements to drive sustainable growth and value creation.

Perfect Corp reports robust Q3 earnings, eyes AI expansion

Perfect Corp delivered strong financial results in Q3, driven by revenue growth, strategic partnerships, and innovative product launches. The company's focus on Generative AI technology and expansion into new verticals position it well for future growth.
While facing challenges in managing operating expenses and potential competition, Perfect Corp has opportunities to capitalize on its strengths in AI technology, market relationships, and female consumer segments to drive continued success.
Overall, Perfect Corp's Q3 performance reflects a balanced approach to growth, innovation, and financial stability, setting a positive trajectory for the company's future expansion and market leadership.

Perfect Corp (PERF) posts robust Q4 earnings, eyes AI expansion

Perfect Corp (PERF) delivered strong financial performance in Q4 2023 and for the full year, driven by AI/AR solutions and subscription services.
The company's focus on AI innovation, subscriber growth, and stable profit margins positions it well for future growth.
While challenges in maintaining growth targets and balancing investments exist, opportunities in AI expansion and market exploration are key for sustained success.

Perfect Corp reports strong Q1 earnings, poised for growth

Perfect Corp's Q1 2024 performance reflects strong revenue growth, profitability, and customer expansion, underpinned by a solid Beauty AI strategy and technological innovation.
While facing challenges in a competitive landscape, the company's focus on growth opportunities, market expansion, and product innovation positions them for continued success.
With a positive outlook for full year 2024 and a growing customer base, Perfect Corp demonstrates resilience, adaptability, and strategic foresight in navigating the evolving beauty tech market.
Investors can be optimistic about Perfect Corp's financial stability, growth potential, and commitment to innovation, supported by a strong performance across B2C and B2B segments.

Perfect Corp reports robust Q3 growth driven by AI innovations

Perfect Corp's Q3 2024 performance reflects solid revenue growth, strong financials, and a focus on AI technology advancements in beauty tech solutions.
The company's strengths lie in expanding market reach, improving margins, and fostering key partnerships to enhance online shopper engagement.
Challenges include maintaining operational efficiencies, navigating market competition, and balancing growth strategies for sustainable success.
Opportunities abound in personalized beauty recommendations, AI technology development, and customer experience enhancements to drive future growth and market leadership.

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Perfect Corp. is a software as a service technology company, which engages in the business of developing makeup virtual try-on solutions. Its solutions include virtual try-ons for makeup, nail art, hairstyles, beard dye and styling, eyewear, jewelry, advanced skin diagnostic technology, foundation shade finder, and interactive artificial reality makeup application tutorial platform. Its brands include Estée Lauder, Clinique, MAC, e.l.e., benefit, Sally Hansen, Belcorp, Decorté, NARS, Aveda, Madisonreed, kate, Sofina iP, Jillstuart, Cosnova, Beekman, Marianna, Ardell, tarte, and Coffret D’or. It operates through the following geographical segments: United States, Japan, France, and Others. The company was founded by Alice H. Chang on February 13, 2015 and is headquartered in New Taipei, Taiwan.

NEW YORK--(BUSINESS WIRE)--Perfect Corp. (NYSE: PERF), the leading artificial intelligence (AI) and augmented reality (AR) beauty and fashion tech solutions provider, today announced an exciting addition to their suite of fashion tech solutions with the introduction of Stacking for Rings, Bracelets, Jewelry & Watch Sets and Ring VTO Finger Change. The technology will allow consumers to virtually try on multiple categories – rings, bracelets, and watch – in stacking separately and at the sam.

Perfect Corp. Unveils Stacking Ring, Bracelet, and Watch Set Virtual Try-On Technology to Elevate True-to-Life Jewelry Shopping Experiences to the Extreme

NEW YORK--(BUSINESS WIRE)--Perfect Corp. (NYSE: PERF), the leading artificial intelligence (AI) and augmented reality (AR) beauty and fashion tech solutions provider, today announced updates to its groundbreaking AI-Powered Live Skin Analysis Solution. The HIPAA-compliant and dermatologist-verified technology empowers users to gain deep insights into their skin condition and receive personalized skincare recommendations, while an AR overlay highlights specific skin concerns in real-time. The ne.

Perfect Corp. Announces Expanded Functionality of Revolutionary AI-Powered Live Skin Analysis Solution

NEW YORK--(BUSINESS WIRE)--Perfect Corp. (NYSE: PERF), the leading artificial intelligence (AI) and augmented reality (AR) beauty and fashion tech solutions provider, today announced a partnership with ELEMIS on the launch of the global British skincare brand's innovative skin diagnostic experience. Powered by Perfect Corp.'s award-winning AI Skin Diagnostic technology, the ELEMIS AI Skin Experience will provide customers with a detailed skin assessment, and match shoppers with the best skincar.

Perfect Corp. Partners with Best British Skincare Brand, ELEMIS, to Bring AI-Powered Skin Experience to Customers

NEW YORK--(BUSINESS WIRE)--Perfect Corp., the leading AI & AR beauty and fashion tech solutions provider and developer of the YouCam Suite of Apps, today launched an interactive augmented reality (AR) filter effect with the innovative, female-founded hair care and hair tools brand, The Beachwaver Co.. The virtual “Beachy Vibes” filter effect invites fans to immerse themselves in the Beachwaver brand through an AR try-on in the free YouCam Makeup app, bringing the Beachwaver Good Vibes hair.

Perfect Corp. Partners with The Beachwaver Co. for an Interactive Summer AR Filter Effect

NEW YORK--(BUSINESS WIRE)--Perfect Corp. (NYSE: PERF) ("Perfect" or the "Company"), a global leader in providing augmented reality (“AR”) and artificial intelligence (“AI”) Software-as-a-Service (“SaaS”) solutions to beauty and fashion industries, today announced its unaudited financial results for the three months ended June 30, 2023. Highlights for the Three Months Ended June 30, 2023 Total revenues grew to $12.7 million, up 11.9% year over year, primarily due to strong growth momentum in AR/.

Perfect Corp. Reports Unaudited Financial Results for the Three Months Ended June 30, 2023

NEW YORK--(BUSINESS WIRE)--Perfect Corp. (NYSE: PERF), the leading artificial intelligence (AI) and augmented reality (AR) beauty and fashion tech solutions provider, announced the launch of the new Skin Type Detection technology, powered by AI. The groundbreaking skin tech innovation builds upon Perfect Corp.'s existing award-winning solution, that instantly analyzes up to 14 different skincare concerns, to accurately determine the user's skin type as normal, oily, dry, sensitive, or combinati.

Perfect Corp. Debuts Groundbreaking Advancement in Skin Tech with AI Skin Type Detection

NEW YORK--(BUSINESS WIRE)--AR Virtual Try-On (VTO) has become an essential piece of the retail journey in the luxury space in recent years, and has greatly enhanced the way consumers shop for jewelry items online and in-store. Perfect Corp. (NYSE: PERF), the leading artificial intelligence (AI) and augmented reality (AR) beauty and fashion tech solutions provider, offers the most advanced VTO solutions for jewelry available on the market today. Today, Perfect Corp. announced an expansion to it'.

Perfect Corp. Introduces New 2D-to-3D Solution for Hyper-Realistic Virtual Earrings Try-On for Jewelry Brands

PARIS--(BUSINESS WIRE)--Perfect Corp. (NYSE: PERF), the leading artificial intelligence (AI) and augmented reality (AR) beauty and fashion tech solutions provider, today announced its collaboration with global travel retailer, Dufry, providing in-store and web makeup virtual try-on for products from 15 brands. In London Heathrow, London Stansted, Manchester and Barcelona, it is now possible to try AR makeup products from brands such as Benefit, Kylie Cosmetics, Guerlain, Huda Beauty and more. D.

Perfect Corp. Partners With Global Travel Retailer, Dufry, to Bring AR Makeup Virtual Try-On to Airports Worldwide

NEW YORK--(BUSINESS WIRE)--Perfect Corp. (NYSE: PERF), the leading artificial intelligence (AI) and augmented reality (AR) beauty and fashion tech solutions provider, has partnered with Bondi Sands, one of the most popular self tanning companies in the world, to launch a shade color virtual try-on (VTO) solution for their self tan online shopping experience in the U.S, UK, Europe, and Australia. The immersive shopping experience is powered by Perfect Corp.'s award-winning AI/AR technology, allo.

Perfect Corp. Partners with Bondi Sands to Deliver High-Precision Live AR & AI-Powered Virtual Try-On Technology for Self Tanning Products

NEW YORK--(BUSINESS WIRE)--Perfect Corp. (NYSE: PERF) (“Perfect” or the “Company”), a global leader in providing augmented reality (“AR”) and artificial intelligence (“AI”) Software-as-a-Service (“SaaS”) solutions to beauty and fashion industries, today announced that it plans to release its financial results for the second quarter 2023 after U.S. markets close on Tuesday, July 25, 2023, and to hold a conference call at 7:00 a.m. Eastern Time (7:00 p.m. Taipei Standard Time) the following day o.

Perfect Corp. to Announce Financial Results for Second Quarter of 2023 on July 25, 2023

NEW YORK--(BUSINESS WIRE)--Perfect Corp. (NYSE:PERF), the leading augmented reality (AR) and artificial intelligence (AI) beauty and fashion tech solutions provider is proud to announce the launch of its groundbreaking AI Fashion feature for their popular YouCam Makeup app. The AI Fashion tool, powered by generative AI, provides users with a personalized digital fashion stylist - revolutionizing the way users experiment with their clothing, hairstyle and makeup through AI-generated images with.

Perfect Corp. Empowers Endless Fashion Exploration with YouCam Makeup's New Transformative AI Fashion Styling Feature

NEW YORK--(BUSINESS WIRE)--Perfect Corp. (NYSE: PERF), the leading artificial intelligence (AI) and augmented reality (AR) beauty and fashion tech solutions provider, held its annual franchise event, The Global Beauty and Fashion Tech Forum, on June 26th in New York City. The highly anticipated event brought together industry leaders representing innovative brands across beauty, fashion, retail, technology, and media, to explore the transformative effects of AI and AR technologies on the consum.

Perfect Corp. Presents Groundbreaking Generative AI Technologies and Spotlights Top Technology Trends at the 2023 Global Beauty & Fashion Tech Forum

NEW YORK--(BUSINESS WIRE)--Perfect Corp., the leading AI & AR beauty and fashion tech solutions provider and developer of the YouCam Suite of Apps, today teamed up with SELF for the launch of an interactive augmented reality (AR) filter experience to celebrate the 2023 SELF Healthy Beauty Awards. The immersive AR filter effect is available free to users in the award-winning AR try-on app, YouCam Makeup, inviting users to celebrate the announcement of SELF's award-winning products. The exclu.

Perfect Corp. Partners with SELF to Celebrate the SELF Healthy Beauty Awards with AR Virtual Effect

NEW YORK--(BUSINESS WIRE)--AR Virtual Try-On (VTO) has become a standard requirement in the beauty, fashion, watch, and jewelry industries in recent years. Perfect Corp. (NYSE: PERF), the leading artificial intelligence (AI) and augmented reality (AR) beauty and fashion tech solutions provider, today released a new open 3D VTO file format whitepaper, standardizing and streamlining the integration of 3rd party 3D objects into Perfect Corp's AR VTO platform. 3D object creators can easily adopt th.

Perfect Corp. Introduces New 3D VTO Format Whitepaper Designed for a Seamless AR Virtual Try-On Compatibility for Jewelry, Watches and Eyewear

NEW YORK--(BUSINESS WIRE)--Perfect Corp. (NYSE: PERF), the leading artificial intelligence (AI) and augmented reality (AR) beauty and fashion tech solutions provider, announce the final agenda for the highly-anticipated franchise event, The Global Beauty and Fashion Tech Forum. The annual forum will take place on Monday, June 26th, 2023 at the Convene, 117 West 46th Street, in New York City from 11:30 AM to 5:00 PM ET and feature comprehensive programming with key opinion leaders across beauty,.

Perfect Corp. to Showcase Game-Changing Generative AI Technologies at the 2023 Global Beauty & Fashion Tech Forum

NEW YORK--(BUSINESS WIRE)--Perfect Corp. (NYSE: PERF), the leading AI & AR beauty and fashion tech solutions provider and developer of the YouCam Suite of Apps, today launched an interactive augmented reality (AR) movie experience for Warner Bros. Pictures' upcoming film The Flash. The immersive movie filters and effects are available free to users in the award-winning AR try-on app, YouCam Makeup, and photo-editing app, YouCam Perfect. The Flash virtual experience features an exclusive ani.

Perfect Corp. Partners with Warner Bros. Pictures for The Flash Interactive AR Movie Try-On Experience

PARIS--(BUSINESS WIRE)--Perfect Corp. (NYSE: PERF), the leading artificial intelligence (AI) and augmented reality (AR) beauty and fashion tech solutions provider, announced its collaboration with Parfums Christian Dior, showcasing the new makeup AR virtual try-on for remote consultations. The house of Dior is committed to offering sophisticated, prestigious, and fully customized shopping experiences to all customers. To ensure consistent and exceptional omnichannel services, Parfums Christian.

Perfect Corp. Partners with Parfums Christian Dior to Launch Online Consultation with AR Makeup Virtual Try-On Experience at Viva Technology 2023

PARIS--(BUSINESS WIRE)--As AI technology dominates headlines across industries, Perfect Corp. (NYSE: PERF), the leading artificial intelligence (AI) and augmented reality (AR) beauty and fashion tech solutions provider, today announced that it will scale up its presence at this year's Viva Technology in Paris, and offer access to its most innovative AI beauty & fashion tech solutions at the event. Visit Perfect Corp. during Viva Technology 2023: Where: Paris Expo Porte de Versailles When: J.

Perfect Corp. Exhibits at Viva Technology 2023, Showcasing the Latest Innovations in Beauty, Skincare, Jewelry, and AIGC Technologies

NEW YORK--(BUSINESS WIRE)--Perfect Corp. (NYSE: PERF), the leading artificial intelligence (AI) and augmented reality (AR) beauty and fashion tech solutions provider, today announced the launch of a revolutionary new hand sizing technology for fingers and wrists, helping to match consumers with their correct size for rings, bracelets, and watches through highly-accurate and modern sizing technology. This personalized sizing tool enhances the customized consumer shopping experience for jewelry v.

Perfect Corp. Debuts Advanced Finger and Wrist Sizing Technology for Accurate Product Fitting and Realistic Jewelry Virtual Try-On Effects

NEW YORK--(BUSINESS WIRE)--Perfect Corp. (NYSE: PERF), the leading artificial intelligence (AI) and augmented reality (AR) beauty and fashion tech solutions provider, has introduced a new program for small and indie beauty brands that are looking to transform their direct-to-consumer business with AR technology. The Small Business Beauty Tech Accelerator program will provide women or minority-owned small beauty brands and retailers with up to 6 months of free access to Perfect Corp.'s award-win.

Empowering Diversity in Beauty: Perfect Corp. Launches Free Makeup Virtual Try-On Program for Women or Minority-Owned Small and Indie Beauty Brands

NEW YORK--(BUSINESS WIRE)--Perfect Corp. (NYSE: PERF), the leading artificial intelligence (AI) and augmented reality (AR) beauty and fashion tech solutions provider, today announced a partnership with the French green beauty brand, Manucurist to bring their Green Flash nail colors to life through AR virtual try-on. 50 nail polish colors from the Green Flash range, a LED nail polish, can be tried on virtually on the Manucurist website. From Navy Blue to Poppy Red, consumers are free to discover.

Perfect Corp. Partners with French Green Beauty Brand Manucurist to Bring Nail Polish Products to Life through Hyper-Realistic AR Nail Virtual Try On

NEW YORK--(BUSINESS WIRE)--Perfect Corp. (NYSE: PERF), Perfect Corp., the leading artificial intelligence (AI) and augmented reality (AR) beauty and fashion tech solutions provider, released the newest Global Beauty Trends Report, providing brands with a guide to the top nail color shades of 2023 and evolving nail color trends across the retail landscape. The report analyzed big data sourced from Perfect Corp.'s award-winning YouCam Nails app - the popular consumer app featuring thousands of AR.

Perfect Corp.'s Newest Global Beauty Trend Report Leverages Virtual Try-On Big Data Insights to Reveal the Top Consumer Nail Color Trends

NEW YORK--(BUSINESS WIRE)--Perfect Corp. (NYSE: PERF) (“Perfect” or the “Company”), a global leader in providing augmented reality (“AR”) and artificial intelligence (“AI”) Software-as-a-Service (“SaaS”) solutions to beauty and fashion industries, today announced its board of directors (the “Board”) has authorized a share repurchase plan under which the Company may repurchase up to US$20 million of its Class A ordinary shares over the next 12-month period. The Company plans to adopt and impleme.

Perfect Corp. Announces US$20 million Share Repurchase Plan by the Company

NEW YORK--(BUSINESS WIRE)--Perfect Corp. (NYSE: PERF) celebrates their third win of the 2023 Edison Best New Products Awards™, which recognized their groundbreaking AgileHand™ Technology as the bronze winner for the Personal Technology & Gadgets Category for Augmented Reality. The patented breakthrough innovation is powered by AI, AR, and 3D hand-mapping technologies, which provide users with an interactive virtual try-on experience for products worn on the hands and wrists. This personaliz.

Perfect Corp. Receives the Prestigious 2023 Edison Awards™ for the Third Time with the Innovative AgileHand™ Technology

NEW YORK--(BUSINESS WIRE)--Perfect Corp. (NYSE: PERF) ("Perfect" or the "Company"), a global leader in providing augmented reality (“AR”) and artificial intelligence (“AI”) Software-as-a-Service (“SaaS”) solutions to beauty and fashion industries, today announced its unaudited financial results for the three months ended March 31, 2023. Highlights for the Three Months Ended March 31, 2023 Total revenues grew to $12.1 million, up 9.7% quarter over quarter and up 0.9% year over year, primarily du.

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