PERF Earnings Prediction
The chart below shows how PERF performed 10 days before and after its earnings report, based on data from the past quarters. Typically, PERF sees a +5.87% change in stock price 10 days leading up to the earnings, and a -4.96% change 10 days following the report. On the earnings day itself, the stock moves by -1.97%. This data can give you a slight idea of what to expect for the next quarter's release.
PERF Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
15.88M
12.44%
-1.53%
Gross Margin
74.08%
-8.84%
-7.79%
Operating Margin
-3.03%
-65.17%
531.25%
Net Margin
6.90%
-30.37%
-56.05%
EPS
0.01
0.00%
-66.67%
No Data Available
PERF Earnings Analysis
Perfect Corp Corporation (PERF.N) Earnings Conference Call
Positive
Revenue Growth of 12.5%: Total revenue grew by 12.5% year-over-year to $60.2 million for full year 2024.
Net Income Increase: Net income for full year 2024 was $5 million, with adjusted net income increasing 18.6% to $8.3 million compared to 2023.
Strong Cash Generation: Operating cash flow generated a net inflow of $13 million for full year 2024, indicating strong cash generation capabilities.
Subscriber Growth Surge: The number of active paying subscribers for the mobile app reached over 1 million, a 14.3% increase from 2023, showcasing strong demand for AI-powered solutions.
Market Expansion Strategy: The acquisition of Wanna from Farfetch is expected to enhance market reach and expand the total addressable market in luxury brands.
B2B Client and SKU Growth: The B2B business saw significant growth with over 732 brand clients and 822,000 SKUs onboarded, indicating strong market penetration.
AI in Beauty and Fashion: AI-powered skin diagnostics and virtual try-on solutions are driving demand and engagement in the beauty and fashion sectors.
Strong Cash Position: The company maintained a strong balance sheet with over $165.9 million in cash and cash equivalents, supporting future growth initiatives.
2025 Revenue Growth Projection: The guidance for 2025 projects total revenue growth of 13% to 14.5%, reflecting confidence in continued market expansion.
Negative
Licensing Revenue Decline: Licensing revenue decreased by 72.2% in Q4 2024 to $0.5 million compared to $1.8 million in Q4 2023, indicating a significant decline in this revenue stream.
Gross Margin Decline: Gross margin decreased from 81.3% in Q4 2023 to 74.1% in Q4 2024, primarily due to increased third-party payment processing fees associated with mobile app subscriptions.
Net Income Decline: Net income for Q4 2024 was $1.1 million, down from $1.4 million in Q4 2023, reflecting a decline in profitability despite revenue growth.
Net Income Decline: Full year net income decreased to $5 million in 2024 from $5.4 million in 2023, indicating a downward trend in overall profitability year-over-year.
Operating Expenses Increase: Operating expenses for the full year increased by 2.7% to $50.1 million in 2024, driven by higher sales and marketing expenses, which could impact future profitability.
Decrease in Administrative Expenses: The company reported a decrease in general and administrative expenses by 41% in Q4 2024, but this may not be sustainable in the long term as operational efficiencies stabilize.
Cash Flow Decline: Despite a positive cash flow of $13 million for the full year, it was a slight decrease from $13.6 million in 2023, suggesting potential cash flow challenges ahead.
PERF FAQs
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PERF Earning Call Sentiment
Perfect Corp. (PERF) Q4 2024 Earnings Call Transcript
PERF.N
1.12%Positive
The earnings call presents mixed signals. While there is growth in revenue and subscribers, the gross margin decline and cautious B2B outlook are concerns. The Q&A reveals uncertainties in B2B spending and competitive landscape. Despite optimistic guidance, the financial health shows slight declines in net income and cash flow. The lack of clear guidance on acquisition impact further tempers sentiment. Overall, the positive elements are balanced by uncertainties, suggesting a neutral stock price reaction.
