Perfect Corp news and archive

Perfect Corp. records annual revenue growth despite one-time impairment charge

The Taiwan-based AI and AR technology firm Perfect Corp. reported total revenue of 69.17 million dollars for the fiscal year ended December 31, 2025, representing a 14.9 percent increase over the previous year. This growth was primarily fueled by the continued expansion of its business-to-consumer (B2C) mobile app and web service subscriptions,...

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Perfect Corp. reports strong Q2 driven by AI and AR subscriptions

Perfect Corp., a leading artificial intelligence (AI) company specialising in AI and augmented reality (AR) solutions for the beauty and fashion industries, announced its unaudited financial results for the second quarter and first half ended June 30, 2025. The company reported robust revenue growth, primarily propelled by its mobile app and web...

Retail

Wanna introduces virtual try-on for high heels using AR

Wanna, a fashion AR & 3D virtual solutions provider that’s part of Perfect Corp., has launched its debut virtual try-on experience for high heels. The first of its kind, the experience lets online shoppers see how the high heels would look on their feet and decide on the shape, heel height, and overall style. According to UX insights from Wanna,...

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Business

Perfect Corp. sees 12.1 percent revenue growth in Q1

Perfect Corp., a fashion and beauty tech solutions provider, in its unaudited financial results for the first quarter reported revenue of 16 million dollars, a 12.1 percent increase compared to the same period last year. This growth was mainly fuelled by the increasing adoption of its AI and AR-powered cloud solutions, along with subscriptions...

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Perfect Corp. acquires virtual try-on expert Wannaby

Beauty and fashion tech solutions provider Perfect Corp. has entered into an agreement with Farfetch, to acquire Wannaby, a digital immersive experiences expert. This acquisition, Perfect Corp. said in a release, represents a significant milestone in integrating advanced technology, enabling the company to expand its offerings into new luxury...

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Report

Perfect Corp Q2 revenue up, but swings to loss

Perfect Corp, a company that provides AR and AI Software-as-a-Service (SaaS) for global beauty and fashion businesses, has swung to a loss in the second quarter despite posting an 11.9 percent increase in revenue. The US company made revenue of 12.7 million dollars in the three months to June 30, which it said was primarily due to strong growth...

Retail

Perfect Corp to debut AR beauty solutions in airports via new partnership

Tech firm Perfect Corp has unveiled a new partnership with travel retailer Dufry, which will see its artificial intelligence (AI) and augmented reality (AR) beauty solutions debut in a number of duty free airport locations. The deal introduces in-store and virtual makeup try-ons for 15 brands – including Benefit, Kylie Cosmetics and Huda Beauty...

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Business

How beauty retail is leading the way in tech innovation

Virtual try-on – or VTO – refers to the use of augmented reality (AR) to view digitised versions of an object, most often seen in the overlay of an image that aims to give an idea of what something may look like in the ‘real world’. It is this technology that is at the forefront of Perfect Corp’s B2B offering, sitting alongside other artificial...

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Business

Perfect Corp to carry out 20 million dollar share repurchase plan

Tech firm Perfect Corp has announced it will be carrying out a large-scale share purchase plan after its board of directors authorised the move. Such a strategy will allow the company to repurchase up to 20 million dollars of its Class A ordinary shares over a 12-month period. It comes as Perfect Corp’s board outlined its beliefs that the shares...

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Report

Perfect Corp. posts quarterly sales growth of 9.7 percent

Perfect Corp. reported revenue growth of 9.7 percent to 12.1 million dollars for the quarter and up 0.9 percent year over year, primarily due to strong growth momentum in AR/AI cloud solutions and subscription revenues. The company, provider of augmented reality (AR) and artificial intelligence (AI) Software-as-a-Service (SaaS) solutions to...

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Management

Perfect Corp FY revenue up, but losses widen

Perfect Corp, a company that provides augmented reality (AR) and artificial intelligence (AI) Software-as-a-Service (SaaS) for global beauty and fashion businesses, has reported an increase in revenue but widening losses in its most recent full-year report. In the 12 months to December 31, the company’s revenue increased 16 percent to 47.3...

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Business

Are virtual try-ons the future of retail?

The retail landscape is undoubtedly evolving alongside the ever-adapting consumer, and with it has come the inevitable technological developments that intersect with the interests and behaviours of younger generations. One of these components is that of virtual try-ons – also known as VTOs – which have not only started to take ownership of the...