Perfect Corp. Class A (PERF)
NYSE:PERF
Want to see PERF full AI Analyst Report?
Top Page
Perfect Corp
(NYSE:PERF)
Select Model
Select Model
Rating:67Neutral
Price Target:
$2.00
▲(15.61% Upside)
Action:ReiteratedDate:04/29/26
The score is driven primarily by strong financial health (notably the low-leverage balance sheet and improved profitability/cash generation), partially offset by uneven operating/FCF growth trends. Technical indicators are mostly neutral and the P/E valuation is relatively high, limiting the overall score.
Positive Factors
Balance sheet strength
Very low leverage and rebuilt positive equity provide durable financial flexibility. This reduces refinancing risk, supports continued R&D and product investment in AI/AR, and allows the company to pursue partnerships or tuck-in acquisitions without stressing cash flow, aiding growth over the next several quarters.
Negative Factors
Operating profitability volatility
Wide swings in operating margin signal sensitive cost structure and uneven scalability of sales/marketing or R&D spend. This reduces predictability of operating earnings, complicates multi-quarter planning for reinvestment or margin expansion, and raises execution risk as revenue scales.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance sheet strength
Very low leverage and rebuilt positive equity provide durable financial flexibility. This reduces refinancing risk, supports continued R&D and product investment in AI/AR, and allows the company to pursue partnerships or tuck-in acquisitions without stressing cash flow, aiding growth over the next several quarters.
Read all positive factors
Perfect Corp (PERF) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$169.07M
Dividend YieldN/A
Average Volume (3M)313.94K
Price to Earnings (P/E)36.2
Beta (1Y)0.95
Revenue Growth14.87%
EPS Growth11.56%
CountryUS
Employees342
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)0.02
Shares Outstanding85,059,950
10 Day Avg. Volume94,091
30 Day Avg. Volume313,937
Financial Highlights & Ratios
PEG Ratio0.00
Price to Book (P/B)1.10
Price to Sales (P/S)2.43
P/FCF Ratio13.05
Enterprise Value/Market Cap0.26
Enterprise Value/Revenue0.62
Enterprise Value/Gross Profit0.79
Enterprise Value/Ebitda7.98
Forecast
1Y Price Target
$1.95Price Target Upside12.72% Upside
Rating ConsensusHold
Number of Analyst Covering2
EPS Forecast (FY)0.07
Revenue Forecast (FY)$76.49M
Perfect Corp Business Overview & Revenue Model
Company Description
Perfect Corp. provides SaaS artificial intelligence and augmented reality beauty and fashion tech business solutions. The company offers AR makeup virtual try-on, YouCam tutorial, AI foundation shade finder and matcher, AI virtual background chang...
How the Company Makes Money
Perfect Corp. primarily makes money by licensing its AI/AR technology to businesses (B2B) as software that can be embedded into brand and retailer digital properties (websites, mobile apps, and e-commerce platforms). Revenue is generated through s...
Perfect Corp Earnings Call Summary
Earnings Call Date:Apr 28, 2025
(Q1-2025)
| % Change Since: |
Next Earnings Date:Jul 29, 2026
Earnings Call Sentiment Positive
The earnings call highlighted strong revenue and net income growth, successful integration of the WANNA acquisition, and a solid financial position. However, challenges included a decrease in key customers and mobile app subscribers amid macroeconomic conditions. Overall, the positive financial performance and strategic advancements offset the challenges faced.Positive Updates
Strong Revenue Growth
Total revenue grew by 12.1% year-over-year to $16 million, in line with revenue guidance for 2025.
Negative Updates
Decrease in Key Customers
The number of key customers decreased from 151 to 148 due to contract churn amid financial challenges in the macroeconomic environment.
Read all updates
Q1-2025 Updates
Positive
Negative
Strong Revenue Growth
Total revenue grew by 12.1% year-over-year to $16 million, in line with revenue guidance for 2025.
Read all positive updates
Company Guidance
During Perfect Corp.'s first quarter 2025 earnings call, CEO Alice Chang highlighted several key financial metrics and strategic initiatives. The company reported a 12.1% year-over-year revenue increase to $16 million, with a significant net income jump of 264% to $2.3 million. Adjusted net income rose by 33.3% to $2 million. The mobile app subscription business, particularly in the AI/AR cloud solutions sector, was a major growth driver, contributing to an operating cash flow of $4.3 million and maintaining a robust balance sheet with $164.6 million in cash and cash equivalents. The B2C segment saw a 7.9% increase in active paying subscribers, totaling 973,000, while the B2B segment expanded to 801 brand clients with over 891,000 SKUs. Strategic developments included the launch of the YouCam AI Chat app and the integration of the newly acquired WANNA team, enhancing their market position, especially in the shoes vertical. The company's growth strategy remains focused on expanding the Generative AI functions and driving higher premium subscriptions, while also integrating new acquisitions to bolster their presence in the beauty and fashion markets.Perfect Corp Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
88
Very Positive
Cash Flow
70
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 71.08M | 69.15M | 60.20M | 53.51M | 47.30M | 40.76M |
| Gross Profit | 55.74M | 53.52M | 46.94M | 43.10M | 40.17M | 35.02M |
| EBITDA | 5.51M | 1.25M | -2.05M | 6.26M | -160.68M | -155.78M |
| Net Income | 4.70M | 4.64M | 5.02M | 5.42M | -161.74M | -156.85M |
Balance Sheet | ||||||
| Total Assets | 194.92M | 191.97M | 181.17M | 170.36M | 210.27M | 88.90M |
| Cash, Cash Equivalents and Short-Term Investments | 161.27M | 162.28M | 165.87M | 154.17M | 192.62M | 80.45M |
| Total Debt | 548.00K | 922.00K | 510.00K | 868.00K | 338.00K | 638.00K |
| Total Liabilities | 39.31M | 38.88M | 34.16M | 30.96M | 28.31M | 279.35M |
| Stockholders Equity | 155.62M | 153.09M | 147.01M | 139.41M | 181.96M | -190.44M |
Cash Flow | ||||||
| Free Cash Flow | 12.83M | 12.88M | 12.61M | 13.26M | -3.56M | 1.39M |
| Operating Cash Flow | 13.27M | 13.30M | 13.00M | 13.58M | -3.31M | 1.55M |
| Investing Cash Flow | -20.28M | -14.06M | -8.88M | -637.00K | -30.26M | -213.00K |
| Financing Cash Flow | -564.86K | -562.00K | -525.00K | -51.50M | 118.03M | -63.00K |
Perfect Corp Technical Analysis
Positive
1.73
Price Trends
1.54
Positive
1.63
Positive
1.83
Negative
Market Momentum
0.04
Negative
58.49
Neutral
82.91
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PERF, the sentiment is Positive. The current price of 1.73 is above the 20-day moving average (MA) of 1.68, above the 50-day MA of 1.54, and below the 200-day MA of 1.83, indicating a neutral trend. The MACD of 0.04 indicates Negative momentum. The RSI at 58.49 is Neutral, neither overbought nor oversold. The STOCH value of 82.91 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PERF.
Perfect Corp Risk Analysis
Perfect Corp disclosed 97 risk factors in its most recent earnings report. Perfect Corp reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Perfect Corp Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | $169.07M | 36.20 | 3.06% | ― | 14.87% | 11.56% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
52 Neutral | $96.89M | -6.51 | -16.00% | ― | 2.06% | -99.83% | |
51 Neutral | $60.28M | 44.82 | 3.65% | ― | -5.32% | -75.41% | |
48 Neutral | $87.70M | -9.23 | -12.81% | ― | 2.05% | -2.27% |
* Technology Sector Average
PERF
Perfect Corp
1.66
-0.26
-13.54%
SSTI
SoundThinking Inc
6.86
-9.09
-56.99%
MAPS
WM Technology
0.33
-0.92
-73.60%
EXFY
Expensify
1.02
-1.96
-65.77%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.