amortized cost     85,500     13,074     115,500     49,874 
Acquisition of 
 property, plant 
 and equipment         (13)      (130)       (183)      (389) 
Acquisition of 
 intangible 
 assets                 --         --         (33)        (6) 
Increase in 
 guarantee 
 deposits paid         (15)        --         (15)        (8) 
                   -------    -------    --------    ------- 
  Net cash flows 
   from (used 
   in) investing 
   activities       74,472      1,840     (56,531)    (6,103) 
                   -------    -------    --------    ------- 
CASH FLOWS FROM 
FINANCING 
ACTIVITIES 
--------------- 
Repayment of 
 principal 
 portion of 
 lease 
 liabilities          (107)      (142)       (310)      (381) 
Payments to 
 acquire 
 treasury 
 shares               (446)        --        (875)        -- 
                   -------    -------    --------    ------- 
  Net cash flows 
   used in 
   financing 
   activities         (553)      (142)     (1,185)      (381) 
                   -------    -------    --------    ------- 
Effects of 
 exchange rates 
 changes on cash 
 and cash 
 equivalents          (101)       451        (363)        40 
                   -------    -------    --------    ------- 
Net increase 
 (decrease) in 
 cash and cash 
 equivalents        77,801      6,381     (47,647)     3,306 
Cash and cash 
 equivalents at 
 beginning of 
 period             37,168    120,796     162,616    123,871 
                   -------    -------    --------    ------- 
Cash and cash 
 equivalents at 
 end of period    $114,969   $127,177   $ 114,969   $127,177 
                   =======    =======    ========    ======= 
 
 
               PERFECT CORP. AND SUBSIDIARIES 
 UNAUDITED RECONCILIATION OF NON-IFRS FINANCIAL MEASURES -- 
              ADJUSTED NET INCOME CALCULATION 
  FOR THE THREE MONTHS AND NINE MONTHS ENDED SEPTEMBER 30, 
                       2023 AND 2024 
     (Expressed in thousands of United States dollars) 
 
                 Three months ended     Nine months ended 
                    September 30           September 30 
                --------------------  ---------------------- 
                   2023       2024       2023        2024 
                -----------  -------  -----------  --------- 
    Items         Amount     Amount     Amount      Amount 
-------------   -----------  -------  -----------  --------- 
Net Income 
 (Loss)          $   3,527   $2,532    $   4,016   $3,926 
One-off 
Transaction 
Costs                   --       --           33       -- 
Non-Cash 
 Equity-Based 
 Compensation        1,234      744        2,675    2,181 
Non-Cash 
 Valuation 
 Gain of 
 financial 
 liabilities        (2,096)     (61)      (1,852)    (107) 
                    ------    -----       ------    ----- 
Adjusted Net 
 Income 
 (Loss)(1)       $   2,665   $3,215    $   4,872   $6,000 
                    ======    =====       ======    ===== 
 

Note (1):

In accordance with the changed definition of "adjusted net income (loss)" that is detailed in the "Use of Non-IFRS Financial Measures" section above, we have made a retrospective adjustment to our adjusted net income for the nine months ended September 30, 2023 not adjusting for "foreign exchange gain (loss)" (which amounted to a loss of $277 thousand for the period, as previously disclosed in our Form 6-K furnished to the SEC on October 24, 2023).

Category: Investor Relations

View source version on businesswire.com: https://www.businesswire.com/news/home/20241029854226/en/

 
    CONTACT:    Investor Relations Contact 

Investor Relations, Perfect Corp.

Email: Investor_Relations@PerfectCorp.com

(END) Dow Jones Newswires

October 29, 2024 06:30 ET (10:30 GMT)