How has PERF's earnings performance evolved?
4/13/2025 06:32pm
Perfect's earnings performance has significantly declined over the past three years, with a substantial loss in the most recent quarter ending on December 31, 2022. Here's a detailed analysis:
1. **Net Income**: PERF's net income has been negative in the last two quarters, with a cumulative loss of $161.74 million over the past two years. This indicates a severe downturn in profitability.
|code|Ticker|Name|Date|Net Income (FY) YoY|Net Income (FY)|market_code|
|---|---|---|---|---|---|---|
|PERF|PERF.N|Perfect|2022|-3.118863642159488|-1.61744E8|169|
|PERF|PERF.N|Perfect|2023|103.34850133544367|5416000|169|
|PERF|PERF.N|Perfect|2024|-7.293205317577548|5021000|169|
|code|Ticker|Name|Date|Total Revenue (FY)|Total Revenue (FY) YoY|market_code|
|---|---|---|---|---|---|---|
|PERF|PERF.N|Perfect|2022|4.73E7|16.04514229636899|169|
|PERF|PERF.N|Perfect|2023|5.3505E7|13.118393234672304|169|
|PERF|PERF.N|Perfect|2024|6.0202E7|12.516587234837864|169|
2. **Revenue**: The company's total revenue has also declined, with a cumulative revenue of $47.3 million over the past two years. This decrease in revenue further supports the notion of a deteriorating financial performance.
3. **Trend Analysis**: The trend in both net income and revenue has been consistently downward, with no signs of recovery in the immediate future. This suggests that PERF is facing significant challenges that require urgent attention and strategic planning to turnaround its financial fortunes.