Perfect Corp. reported its unaudited financial results for the full year ended December 31, 2024, with total revenue growing by 12.5% year-over-year to $60.2 million. For the fourth quarter of 2024, total revenue increased by 12.4% year-over-year to $15.9 million.
The company achieved a net income of $5 million for the full year 2024, and an adjusted net income of $8.3 million, marking an 18.6% increase compared to 2023. Operating cash flow generated a net inflow of $13 million for the full year, with a strong balance sheet of over $165.9 million in cash and cash equivalents.
The B2C mobile app subscription business was a significant growth driver, reaching over 1 million active paying subscribers by the end of 2024, a 14.3% increase from 2023. Perfect Corp. provided an outlook for full year 2025, projecting total revenue growth to range from 13% to 14.5%.
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