Perfect Corp. Reports Unaudited Financial Results for the Three Months Ended March 31, 2024 [Yahoo! Finance]
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Source: Yahoo! Finance
intelligence ("AI") and augmented reality ("AR") Software-as-a-Service ("SaaS") solutions to beauty and fashion industries, today announced its unaudited financial results for the three months ended March 31, 2024. Highlights for the Three Months Ended March 31, 2024 Total revenue was $14.3 million for the three months ended March 31, 2024, compared to $12.1 million in the same period of 2023, an increase of 17.7%. The increase was primarily due to strong growth momentum in the revenue of AI- and AR- cloud solutions and mobile app subscriptions. Gross profit was $11.2 million for the three months ended March 31, 2024, compared with $9.6 million in the same period of 2023, an increase of 16.9%. Net income was $0.6 million for the three months ended March 31, 2024, compared to a net income of $0.7 million during the same period of 2023, a decrease of 9.4%. Adjusted net income (non-IFRS) was $1.5 million for the three months ended March 31, 2024, compared to adjusted net income
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