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.

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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) ("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 full year 2022 financial results before U.S. markets open on Tuesday, March 7, 2023, and to hold a conference call at 7:00 a.m. Eastern Time (8:00 p.m. Taipei Standard Time) that same day.

Perfect Corp. to Announce Financial Results for the Full Year 2022 on March 7, 2023

NEW YORK--(BUSINESS WIRE)--Perfect Corp. (NYSE: PERF), has been named a finalist in the 2023 Edison Awards. Perfect Corp. is being honored for its groundbreaking AgileHand™ Technology which is revolutionizing beauty and fashion retail. Perfect Corp. technology has been recognized for the third time by The Edison Awards, having previously received honors for their YouCam Platform and Suite of Apps at the 32nd and 33rd editions of the awards.

Perfect Corp. Named as a Finalist in the Prestigious 2023 Edison Awards™

NEW YORK--(BUSINESS WIRE)--ICR, a leading strategic communications and advisory firm, is pleased to announce that Louis Chen, Executive Vice President and Chief Strategy Officer of Perfect Corp. (NYSE: PERF), a leading artificial intelligence (AI) and augmented reality (AR) beauty and fashion tech solutions provider, recently appeared on Episode 60 of ICR's “Welcome to the Arena” podcast. Welcome to the Arena is hosted by Tom Ryan, Co-Founder & CEO of ICR.

ICR Hosts Perfect Corp.'s Louis Chen on the Welcome to the Arena Podcast

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 that their proprietary Cloud Console and full suite of AI and AR virtual try-on solutions are compliant with the Chinese Ministry of Public Security's Multi-Level Protection Scheme. Multi-Level Protection Scheme - China Cybersecurity Compliance Standard The Multi-Level Protection Scheme known as MLPS 2.

Perfect Corp. Receives MLPS 2.0-Compliant Status Helping Beauty and Fashion Brands Meet China's National Cybersecurity Standards

LONDON--( BUSINESS WIRE )--Perfect Corp. (NYSE: PERF), the leading artificial intelligence (AI) and augmented reality (AR) beauty and fashion tech solutions provider, has partnered with Precision Skin® by DermConcept to launch the first-ever AI Skin Diagnostic to deliver custom-made skincare products to consumers. Leveraging sophisticated active ingredients, as well as science-based formulations for various skin types, Precision Skin® provides customers with custom-made 3-in-1 skincare products consisting of day skincare, night skincare, and eye skincare. The innovative AI digital skin experience utilizes Perfect Corp.'s award-winning AI Skin Diagnostic technology to identify customer skin concerns and recommend personalised product formulations tailored to individual customer skin concerns and lifestyles.

Perfect Corp. Partners with Precision Skin® by DermConcept to Launch SKIN ID, an AI-Powered Digital Skin Diagnostic Delivering Custom-Made Skincare Regimens to Consumers

NEW YORK--( BUSINESS WIRE )--Perfect Corp. (NYSE:PERF), the leading augmented reality (AR) and artificial intelligence (AI) beauty and fashion tech solutions provider, today announced the launch of YouCam Enhance for iOS and Web, the latest app to join their award-winning YouCam Suite of Apps with over 1 Billion global downloads. The new highly-advanced photo editing software reimagines how consumers can update their blurred, pixelated or unclear photos, bringing them into sharp focus in a matter of seconds.

Perfect Corp. Launches All-New 'YouCam Enhance'

PARIS--( BUSINESS WIRE )--Perfect Corp. (NYSE: PERF), the leading augmented reality (AR) and artificial intelligence (AI) beauty and fashion tech solutions provider today announced the launch of a new experience set to revolutionize the shopping journeys for Valmont customers. In coordination with the launch of V-FIRM, a trio of expert treatments aimed at restoring the volume and firmness of the skin, Valmont consumers can now also experience a new online shopping journey that is both personalized and interactive.

Perfect Corp. Partners with Valmont to Launch Brand-New Interactive AI-Powered Skin Analysis Experience

PERF has a huge addressable market for it to continue growing for a long time. PERF is the leader in its field and has gained adoption by the top global beauty brands.

Perfect Corp.: An Alternative Way Of Riding The Ongoing Beauty Wave

NEW YORK--( BUSINESS WIRE )--Perfect Corp. (NYSE: PERF), the leading augmented reality (AR) and artificial intelligence (AI) beauty and fashion tech solutions provider, today announced the launch of Online Service for Eyewear. This end-to-end solution is set to empower smaller eyewear retailers and brands to take their businesses to the next level by offering their customers streamlined real-time AR-powered virtual try-on shopping experiences that have been proven to increase add-to-carts, and drive conversions.

Perfect Corp. Unveils Online Service for Eyewear Providing Small and Medium Businesses with Virtual Try-On for Glasses and Easy 2D to 3D Virtual SKU Creation Tool

NEW DELHI--( BUSINESS WIRE )--Perfect Corp. (NYSE: PERF), the leading augmented reality (AR) and artificial intelligence (AI) beauty and fashion tech solutions provider, in partnership with The Good Glamm Group today announced the launch of new virtual try on and AI Skin Analysis experiences set to revolutionize the shopping journeys for its D2C brands customers across India. These highly popular, fast-growing, and innovative beauty and skincare brands are the latest to now offer personalized, interactive, and high-touch online shopping experiences.

Perfect Corp. Partners with The Good Glamm Group to Launch AI-Powered Skin Analysis and AR Makeup Virtual Try-On Experiences for Beauty Lovers across India

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 that their cloud-based Perfect Console is certified to be compliant with the international ISO/IEC 27001:2013 standards, which has been confirmed in the certificate of registration number IS 769009. Perfect Console leverages intrusion detection, logging management, monitoring alerts, network architecture optimization, network penetration test, and vulnerability scan to mitigate cybersecurity risks.

Perfect Corp.'s Beauty SaaS Brand Console Receives ISO 27001 Certification

NEW YORK--( BUSINESS WIRE )--Perfect Corp. (NYSE: PERF), the leading artificial intelligence (AI) and augmented reality (AR) beauty and fashion tech solutions provider, and developer of the award-winning YouCam suite of apps, with over a billion global downloads, released its largest collection of holiday-inspired looks and effects across YouCam Makeup, YouCam Perfect, YouCam Video, and YouCam Nails. The extensive holiday collection features over 500 effects including animated backgrounds, stickers, festive holiday makeup, nail styles, and striking photo edits, including collages and frames, that will instantly dress up your photos for the holiday season.

YouCam Apps Launch their Largest Holiday Collection Ever with Over 500 AR Interactive Virtual Looks and Effects

NEW YORK--( BUSINESS WIRE )--Perfect Corp. (NYSE: PERF), the leading artificial intelligence (AI) and augmented reality (AR) beauty and fashion tech solutions provider, today introduced a uniquely advanced high-precision1 AR and AI-powered live camera virtual try-on technology for 3D necklaces, providing fine jewelry brands and retailers with a groundbreaking enhancement to the online shopping experience. The new technology leverages Physically Based Rendering technology and advanced 3D AR to present necklace renderings with incredible accuracy.

Perfect Corp. Introduces Unique High-Precision Real-Time Live AR & AI-Powered Virtual Try-On Technology for 3D Necklaces, Elevating Jewelry Shopping Experiences

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 nine months ended September 30, 2022.

Perfect Corp. Reports Unaudited Financial Results for the Nine Months Ended September 30, 2022

LONDON--( BUSINESS WIRE )--Perfect Corp. (NYSE: PERF), the leading artificial intelligence (AI) and augmented reality (AR) beauty and fashion tech solutions provider, today announces that it has extended the partnership with the leading beauty brand Avon, to launch a virtual try-on (VTO) online shopping experience in nine initial markets, including the UK. The immersive shopping experience is powered by Perfect Corp.'s award-winning technology, allowing customers to experiment with various beauty products virtually to find their perfect product match.

Perfect Corp. Partners with Avon to Bring Personalised Product Recommendations and AR Virtual Try-On to Over 400 Makeup 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 first nine months ended September 30, 2022 before U.S. markets open on Wednesday, November 30, 2022, and to hold a conference call at 7:00 a.m. Eastern Time (8:00 p.m. Taipei Standard Time) that same day.

Perfect Corp. to Announce Financial Results for the First Nine Months of 2022 on November 30, 2022

NEW YORK--( BUSINESS WIRE )--Perfect Corp. (NYSE: PERF), the leading artificial intelligence (AI) and augmented reality (AR) beauty and fashion tech solutions provider, today released its latest Global Beauty Trend Report, “The Rise of AI Skin Technology”. The report explores a growing consumer interest in skin health and takes a deep dive into a new study by Dr. Steven R. Feldman, Professor of Dermatology at Wake Forest School of Medicine. The report takes an in-depth look at the findings of the study to reveal why AI Skin technology is a precise, cost-effective consultation solution for the dermatology and medical spa industries.

Perfect Corp. Reveals Powerful Benefits of AI Skin Technology for Dermatology and Medical Spa Industries in Newest 2023 Global Beauty Trend Report

NEW YORK--( BUSINESS WIRE )--Perfect Corp. (NYSE: PERF), the leading artificial intelligence (AI) and augmented reality (AR) beauty and fashion tech solutions provider, partners with REZA, the Parisian high jewelry brand, for the launch of the WORLDOFREZA.COM website powered by Perfect Corp.'s AgileHand® technology. The new e-commerce website offers a uniquely immersive AI and AR shopping journey, allowing consumers to digitally experience REZA's stunning rings, earrings, and bracelets through interactive virtual try-on technology. The WORLDOFREZA.COM website launch also commemorates the brand's relocation to New York under the guidance of Olivier Reza, whose father's high jewelry house, Alexandre Reza, boasts an over 90-year history on Paris' Place Vendome.

Perfect Corp. and REZA Launch an Interactive, AI-Powered Jewelry Virtual Try-On Shopping Experience

NEW YORK--(BUSINESS WIRE)--Perfect Corp. (NYSE: PERF), the leading artificial intelligence (AI) and augmented reality (AR) beauty and fashion tech solutions provider, brings iPad-compatibility to their award-winning AI-powered SaaS business solution for skincare, broadening their suite of YouCam for Business solutions with AI Skincare PRO.

Perfect Corp. Debuts Dermatologist-Verified ‘AI Skincare PRO' Software iPad Solution Dedicated to Skincare Professionals and Med Spas

Taiwan's latest entrant to Wall Street has had a rough ride since it went public a week ago.

Taiwan's virtual beauty brand struggles on Wall Street debut

NEW YORK--(BUSINESS WIRE)--Perfect Corp. (NYSE: PERF), the leading artificial intelligence (AI) and augmented reality (AR) beauty and fashion tech solutions provider, partners with leading Japanese beauty brand, Decorté, for the launch of an exclusive Purple Ribbon AR virtual filter effect to raise awareness for the brand's Purple Ribbon Project which supports the movement to eliminate all violence against women.

Perfect Corp. and Decorté Launch an Exclusive Purple Ribbon AR Virtual Filter Effect in Support of Eliminating Violence Against Women

Provident Acquisition Corp.

Perfect ' s Shares and Warrants to Trade on the NYSE under Ticker Symbols " PERF " and " PERF WS " respectively BEIJING , Oct. 31, 2022 /PRNewswire/ -- CCV's early-stage portfolio company Perfect Corp. ("Perfect"), a global leader in providing augmented reality ("AR") and artificial intelligence ("AI") Software-as-a-Service ("SaaS") solutions to beauty and fashion industries, and Provident Acquisition Corp. (Nasdaq: PAQC; "Provident"), a special purpose acquisition company, today announced the completion of their previously announced business combination (the "Business Combination"). The listed company resulting from the Business Combination will be called Perfect Corp, and its shares and warrants will commence trading on the New York Stock Exchange under the ticker symbols "PERF" and "PERF WS" respectively, on October 31, 2022.

CCV's Portfolio Perfect Corp. and Provident Acquisition Corp. Complete Business Combination

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 became a publicly listed company trading on the New York Stock Exchange (the “NYSE”) with its Class A ordinary shares and warrants listed under the ticker symbols "PERF" and "PERF WS", respectively.

Perfect Corp. Debuts on the New York Stock Exchange (NYSE)

Perfect (NYSE: PERF ) stock is taking off on Monday as investors pump shares higher on their first day of trading. Perfect and Provident Acquisition only recently completed their special purpose acquisition company (SPAC) merger with PERF shares making their public debut today.

PERF Stock Soars 21% on First Trading Day

NEW YORK--(BUSINESS WIRE)--Perfect Corp. (“Perfect”), a global leader in providing augmented reality (“AR”) and artificial intelligence (“AI”) Software-as-a-Service (“SaaS”) solutions to beauty and fashion industries, and Provident Acquisition Corp. (Nasdaq: PAQC; "Provident"), a special purpose acquisition company, today announced the completion of their previously announced business combination (the “Business Combination”).

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