Perfect Corp. and True Beauty Lashes announced a partnership to launch LashLovr, a personalized lash recommendation and virtual try‑on platform that uses Perfect’s Virtual Try‑On and Face Analyzer APIs. The service lets shoppers see how different lash styles look on their own faces in real time, and it is positioned as a new revenue stream for Perfect’s API‑first business model.
Perfect Corp. released its Q4 2025 earnings on February 24, 2026, reporting revenue of $18.1 million, a 14.2% year‑over‑year increase, and a gross margin of 80.5%, up from 74.1% in the same period last year. Non‑GAAP earnings per share were $0.01, in line with analyst expectations, but the company recorded a $2.0 million goodwill impairment related to the Wannaby acquisition. Management guided for full‑year 2026 revenue to grow about 10% (plus or minus 2%) and maintained a cautious outlook, which led to a mixed market reaction with a pre‑market rise of roughly 2.7%.
The partnership is strategically significant because it extends Perfect’s AI and AR capabilities into the false‑lash market, a segment that has a large unmet demand. A survey cited in the announcement notes that 242 million women worldwide do not wear lashes but would if they knew which styles suited their eyes. By providing personalized recommendations and a virtual try‑on experience, LashLovr addresses this gap and is expected to drive higher conversion rates for True Beauty Lashes while generating new licensing revenue for Perfect.
Alice Chang, Founder and CEO of Perfect Corp., said, “LashLovr is a powerful example of how AI and AR can be used to solve real consumer pain points. Our APIs are designed to help brands of all sizes implement personalized, high‑performing shopping experiences with speed and flexibility.” Lisa Stroud, founder of True Beauty Lashes, added, “LashLovr represents a shift in how beauty should be experienced. Instead of forcing customers to adapt to products, we built a system that adapts to them.”
Investors viewed the earnings release as the primary driver of market activity, with the launch seen as a positive sign of continued innovation. The new partnership demonstrates Perfect’s ability to monetize its technology across diverse beauty brands, reinforcing its position as a leading AI‑powered beauty platform.
The launch of LashLovr signals a broader shift in Perfect Corp.’s strategy toward expanding its API ecosystem and capturing new revenue streams in the beauty e‑commerce space. While the Q4 earnings showed solid margin growth, the goodwill impairment and conservative guidance highlight the company’s cautious approach to acquisitions and future growth. The partnership’s success will likely influence Perfect’s future product roadmap and its ability to attract additional beauty‑tech collaborations.
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