NYSE : PERF
Perfect Corp. — Financial statements
Technology · Software - Application · Taiwan
Last price 1.99 USD (At close: Oct 22, 2026) · Market cap 202.68M
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Financial statements
Perfect Corp. (PERF) reported revenue of 71.07M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 71.07M | 69.15M | 60.20M | 53.51M | 47.30M | 40.76M |
| Cost of Revenue | 14.41M | 15.63M | 13.26M | 10.40M | 7.13M | 5.74M |
| Gross Profit | 56.66M | 53.52M | 46.94M | 43.10M | 40.17M | 35.02M |
| Selling, General & Admin | 38.00M | 37.81M | 36.71M | 37.31M | 100.76M | 30.22M |
| Research & Development | 14.93M | 15.40M | 12.00M | 11.46M | 10.48M | 9.84M |
| Operating Expenses | 53.43M | 53.29M | 50.09M | 48.77M | 111.24M | 40.06M |
| Operating Income | 3.23M | 237.00K | -3.14M | -5.66M | -71.07M | -5.04M |
| Interest Expense | -19.00K | -16.00K | -18.00K | -15.00K | -8.00K | -9.00K |
| Interest & Investment Income | 5.79M | 6.13M | 7.71M | 9.50M | 2.03M | 131.00K |
| Currency Exchange Gain (Loss) | -923.00K | -265.00K | -89.00K | 34.00K | 1.30M | -893.00K |
| Other Non Operating Income (Expenses) | 931.00K | 1.56M | -172.00K | 1.67M | -93.70M | -150.63M |
| EBT Excluding Unusual Items | 9.00M | 7.65M | 4.29M | 5.53M | -161.45M | -156.44M |
| Impairment of Goodwill | -1.97M | -1.97M | ||||
| Gain (Loss) on Sale of Investments | 68.00K | 51.00K | ||||
| Pretax Income | 7.11M | 5.74M | 4.29M | 5.53M | -161.45M | -156.44M |
| Income Tax Expense | 1.33M | 1.09M | -735.00K | 115.00K | 292.00K | 417.00K |
| Net Income | 5.78M | 4.64M | 5.02M | 5.42M | -161.74M | -156.85M |
| Net Income to Common | 5.78M | 4.64M | 5.02M | 5.42M | -161.74M | -156.85M |
| Shares Outstanding (Basic) | 101.85M | 101.85M | 101.85M | 118.02M | 68.34M | 52.97M |
| Shares Outstanding (Diluted) | 101.85M | 101.85M | 101.85M | 118.02M | 68.34M | 52.97M |
| EPS (Basic) | 0.06 | 0.05 | 0.05 | 0.05 | -2.37 | -2.96 |
| EPS (Diluted) | 0.06 | 0.05 | 0.05 | 0.05 | -2.37 | -2.96 |
| Free Cash Flow | 10.17M | 12.88M | 12.61M | 13.29M | -3.47M | 1.39M |
| Free Cash Flow Per Share | 0.10 | 0.13 | 0.12 | 0.11 | -0.05 | 0.03 |
| Gross Margin | 79.73% | 77.40% | 77.98% | 80.56% | 84.93% | 85.93% |
| Operating Margin | 4.54% | 0.34% | -5.22% | -10.58% | -150.26% | -12.36% |
| Profit Margin | 8.13% | 6.71% | 8.34% | 10.12% | -341.95% | -384.82% |
| Free Cash Flow Margin | 14.31% | 18.62% | 20.95% | 24.84% | -7.34% | 3.42% |
| EBITDA | 3.66M | 667.00K | -2.92M | -5.39M | -70.76M | -4.78M |
| EBITDA Margin | 5.15% | 0.97% | -4.85% | -10.07% | -149.61% | -11.73% |
| D&A For EBITDA | 431.00K | 430.00K | 223.00K | 272.00K | 310.00K | 256.00K |
| EBIT | 3.23M | 237.00K | -3.14M | -5.66M | -71.07M | -5.04M |
| EBIT Margin | 4.54% | 0.34% | -5.22% | -10.58% | -150.26% | -12.36% |
| Effective Tax Rate | 18.70% | 19.07% | 2.08% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 125.62M | 125.98M | 127.12M | 123.87M | 162.62M | 80.45M |
| Short-Term Investments | 36.40M | 36.30M | 36.00M | 30.30M | 30.00M | |
| Trading Asset Securities | 2.75M | |||||
| Cash & Short-Term Investments | 162.02M | 162.28M | 165.87M | 154.17M | 192.62M | 80.45M |
| Accounts Receivable | 6.89M | 8.54M | 8.88M | 9.76M | 11.42M | 6.57M |
| Other Receivables | 445.00K | 380.00K | 623.00K | 654.00K | 391.00K | 69.00K |
| Receivables | 7.33M | 8.91M | 9.50M | 10.42M | 11.81M | 6.64M |
| Inventory | 16.00K | 17.00K | 18.00K | 33.00K | 45.00K | 88.00K |
| Prepaid Expenses | 1.59M | 2.04M | 2.43M | 3.77M | 4.62M | 254.00K |
| Other Current Assets | 114.00K | 97.00K | 89.00K | 269.00K | 88.00K | 45.00K |
| Total Current Assets | 171.08M | 173.35M | 177.91M | 168.66M | 209.17M | 87.48M |
| Property, Plant & Equipment | 1.25M | 1.35M | 1.04M | 1.23M | 612.00K | 1.03M |
| Long-Term Investments | 15.12M | 10.17M | ||||
| Goodwill | 2.77M | 2.77M | ||||
| Other Intangible Assets | 1.59M | 1.65M | 32.00K | 77.00K | 119.00K | 100.00K |
| Long-Term Deferred Tax Assets | 2.64M | 2.48M | 2.05M | 257.00K | 244.00K | 165.00K |
| Other Long-Term Assets | 170.00K | 193.00K | 146.00K | 140.00K | 125.00K | 135.00K |
| Total Assets | 194.62M | 191.97M | 181.17M | 170.36M | 210.27M | 88.90M |
| Accrued Expenses | 12.90M | 12.38M | 11.33M | 9.83M | 8.98M | 8.31M |
| Current Portion of Leases | 478.00K | 444.00K | 402.00K | 481.00K | 251.00K | 449.00K |
| Current Income Taxes Payable | 897.00K | 996.00K | 649.00K | 21.00K | 155.00K | 104.00K |
| Current Unearned Revenue | 20.44M | 21.90M | 17.22M | 15.35M | 13.02M | 9.02M |
| Other Current Liabilities | 2.24M | 1.94M | 2.61M | 3.22M | 2.51M | 1.91M |
| Total Current Liabilities | 36.95M | 37.66M | 32.21M | 28.90M | 24.92M | 19.80M |
| Long-Term Leases | 166.00K | 239.00K | 108.00K | 387.00K | 87.00K | 189.00K |
| Pension & Post-Retirement Benefits | 63.00K | 64.00K | 46.00K | 79.00K | 73.00K | 104.00K |
| Long-Term Deferred Tax Liabilities | 470.00K | 488.00K | ||||
| Other Long-Term Liabilities | 27.00K | 419.00K | 1.79M | 1.59M | 3.23M | 259.26M |
| Total Liabilities | 37.68M | 38.88M | 34.16M | 30.96M | 28.31M | 279.35M |
| Common Stock | 10.19M | 10.19M | 10.19M | 10.19M | 11.83M | 30.15M |
| Additional Paid-In Capital | 514.69M | 514.40M | 512.99M | 510.40M | 556.43M | 2.87M |
| Retained Earnings | -367.16M | -370.79M | -375.42M | -380.47M | -385.88M | -224.10M |
| Treasury Stock | -190.00K | |||||
| Comprehensive Income & Other | -773.00K | -697.00K | -740.00K | -523.00K | -407.00K | 632.00K |
| Shareholders' Equity | 156.94M | 153.09M | 147.01M | 139.41M | 181.96M | -190.44M |
| Total Liabilities & Equity | 194.62M | 191.97M | 181.17M | 170.36M | 210.27M | 88.90M |
| Total Debt | 644.00K | 683.00K | 510.00K | 868.00K | 338.00K | 638.00K |
| Net Cash (Debt) | 161.38M | 161.59M | 165.36M | 153.30M | 192.28M | 79.81M |
| Net Cash Per Share | 1.58 | 1.59 | 1.62 | 1.30 | 2.81 | 1.51 |
| Filing Date Shares Outstanding | 101.85M | 101.85M | 101.85M | 101.85M | 118.26M | 301.52M |
| Total Common Shares Outstanding | 101.85M | 101.85M | 101.85M | 101.92M | 118.26M | 301.52M |
| Working Capital | 134.12M | 135.68M | 145.70M | 139.76M | 184.26M | 67.68M |
| Book Value Per Share | 1.54 | 1.50 | 1.44 | 1.37 | 1.54 | -0.63 |
| Tangible Book Value | 152.58M | 148.67M | 146.98M | 139.33M | 181.84M | -190.54M |
| Tangible Book Value Per Share | 1.50 | 1.46 | 1.44 | 1.37 | 1.54 | -0.63 |
| Machinery | 1.58M | 1.62M | 1.10M | 782.00K | 648.00K | 600.00K |
| Leasehold Improvements | 739.00K | 744.00K | 744.00K | 675.00K | 521.00K | 516.00K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 5.78M | 4.64M | 5.02M | 5.42M | -161.74M | -156.85M |
| Depreciation & Amortization | 981.00K | 991.00K | 752.00K | 713.00K | 766.00K | 645.00K |
| Other Amortization | 27.00K | 25.00K | 46.00K | |||
| Asset Writedown & Restructuring Costs | 1.97M | 1.97M | ||||
| Loss (Gain) From Sale of Investments | -68.00K | -51.00K | ||||
| Stock-Based Compensation | 797.00K | 1.41M | 2.77M | 3.21M | 2.17M | 1.78M |
| Provision & Write-off of Bad Debts | 505.00K | 75.00K | 1.37M | |||
| Other Operating Activities | -976.00K | -1.52M | -924.00K | -2.06M | 158.69M | 150.50M |
| Change in Accounts Receivable | 1.99M | 492.00K | -511.00K | 1.62M | -5.18M | -1.06M |
| Change in Inventory | 15.00K | 12.00K | 43.00K | |||
| Change in Accounts Payable | 157.00K | 1.07M | 1.36M | 1.05M | 772.00K | 1.65M |
| Change in Unearned Revenue | -1.18M | 4.57M | 1.95M | 2.37M | 4.78M | 4.11M |
| Change in Other Net Operating Assets | 547.00K | -362.00K | 1.15M | 1.25M | -3.60M | 775.00K |
| Operating Cash Flow | 10.53M | 13.30M | 13.00M | 13.58M | -3.31M | 1.55M |
| Capital Expenditures | -355.00K | -425.00K | -392.00K | -289.00K | -165.00K | -154.00K |
| Sale of Property, Plant & Equipment | 3.00K | 3.00K | ||||
| Cash Acquisitions | -5.98M | |||||
| Sale (Purchase) of Intangibles | -6.00K | -33.00K | -93.00K | -32.00K | ||
| Investment in Securities | -9.03M | -7.62M | -8.47M | -300.00K | -30.00M | |
| Other Investing Activities | 51.00K | -39.00K | -8.00K | -15.00K | -27.00K | |
| Investing Cash Flow | -9.34M | -14.06M | -8.88M | -637.00K | -30.26M | -213.00K |
| Long-Term Debt Repaid | -562.00K | -525.00K | -435.00K | -457.00K | -393.00K | |
| Lease Payments | -533.00K | -562.00K | -525.00K | -435.00K | -457.00K | -393.00K |
| Net Debt Issued (Repaid) | -533.00K | -562.00K | -525.00K | -435.00K | -457.00K | -393.00K |
| Issuance of Common Stock | 118.48M | 330.00K | ||||
| Repurchase of Common Stock | -51.06M | |||||
| Financing Cash Flow | -533.00K | -562.00K | -525.00K | -51.50M | 118.03M | -63.00K |
| Foreign Exchange Rate Adjustments | -375.00K | 175.00K | -349.00K | -187.00K | -2.30M | 163.00K |
| Net Cash Flow | 284.00K | -1.15M | 3.25M | -38.74M | 82.16M | 1.44M |
| Free Cash Flow | 10.17M | 12.88M | 12.61M | 13.29M | -3.47M | 1.39M |
| Free Cash Flow Margin | 14.31% | 18.62% | 20.95% | 24.84% | -7.34% | 3.42% |
| Free Cash Flow Per Share | 0.10 | 0.13 | 0.12 | 0.11 | -0.05 | 0.03 |
| Levered Free Cash Flow | 5.47M | 8.52M | 7.04M | 5.93M | -45.96M | 4.23M |
| Unlevered Free Cash Flow | 5.48M | 8.53M | 7.05M | 5.94M | -45.95M | 4.24M |
| Free Cash Flow After Leases | 9.64M | 12.32M | 12.09M | 12.85M | -3.93M | 1.00M |
| Cash Interest Paid | 19.00K | 16.00K | 18.00K | 15.00K | 8.00K | 9.00K |
| Cash Income Tax Paid | 1.41M | 1.07M | 407.00K | 502.00K | 343.00K | 664.00K |
| Change in Working Capital | 1.52M | 5.77M | 3.96M | 6.30M | -3.19M | 5.48M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 202.68M | 184.35M | 288.23M | 315.73M | 844.40M | |
| Enterprise Value | 41.30M | 14.96M | 125.71M | 115.23M | 760.82M | |
| Last Close Price | 1.99 | 1.81 | 2.83 | 3.10 | 7.14 | 9.85 |
| PE Ratio | 35.09 | 39.70 | 57.41 | 58.30 | ||
| Forward PE | 24.88 | 21.60 | 42.69 | 45.93 | 102.00 | |
| PS Ratio | 2.85 | 2.67 | 4.79 | 5.90 | 17.85 | |
| PB Ratio | 1.29 | 1.20 | 1.96 | 2.27 | 4.64 | |
| P/TBV Ratio | 1.33 | 1.24 | 1.96 | 2.27 | 4.64 | |
| P/FCF Ratio | 19.93 | 14.31 | 22.86 | 23.76 | ||
| P/OCF Ratio | 19.25 | 13.86 | 22.17 | 23.25 | ||
| PEG Ratio | 1.28 | 1.23 | 0.93 | 2.30 | 3.40 | |
| EV/Sales Ratio | 0.58 | 0.22 | 2.09 | 2.15 | 16.09 | |
| EV/EBITDA Ratio | 11.29 | 22.43 | ||||
| EV/EBIT Ratio | 12.80 | 63.12 | ||||
| EV/FCF Ratio | 4.06 | 1.16 | 9.97 | 8.67 | ||
| Debt / Equity Ratio | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | -0.00 |
| Debt / EBITDA Ratio | 0.15 | 0.56 | ||||
| Debt / FCF Ratio | 0.06 | 0.05 | 0.04 | 0.07 | 0.46 | |
| Net Debt / Equity Ratio | -1.03 | -1.06 | -1.12 | -1.10 | -1.06 | 0.42 |
| Net Debt / EBITDA Ratio | -44.12 | -242.27 | 56.63 | 28.45 | 2.72 | 16.69 |
| Net Debt / FCF Ratio | -15.87 | -12.55 | -13.11 | -11.54 | 55.41 | -57.26 |
| Asset Turnover | 0.37 | 0.37 | 0.34 | 0.28 | 0.32 | 0.47 |
| Inventory Turnover | 823.31 | 893.14 | 519.92 | 266.67 | 107.22 | 65.18 |
| Quick Ratio | 4.58 | 4.54 | 5.44 | 5.70 | 8.20 | 4.40 |
| Current Ratio | 4.63 | 4.60 | 5.52 | 5.84 | 8.39 | 4.42 |
| Return on Equity (ROE) | 3.76% | 3.09% | 3.51% | 3.37% | ||
| Return on Assets (ROA) | 1.05% | 0.08% | -1.12% | -1.86% | -29.70% | -3.60% |
| Return on Invested Capital (ROIC) | -241.77% | -7.09% | ||||
| Return on Capital Employed (ROCE) | 2.00% | 0.20% | -2.10% | -4.00% | -38.30% | -7.30% |
| Earnings Yield | 2.85% | 2.52% | 1.74% | 1.71% | -19.16% | |
| FCF Yield | 5.02% | 6.99% | 4.38% | 4.21% | -0.41% | |
| Buyback Yield / Dilution | 13.71% | -72.71% | -29.02% | 4.45% |