Alice H. Chang, the Founder, Chairwoman, and Chief Executive Officer of Perfect, commented, "We believe that our value proposition to beauty brands and customers remains intact. During the quarter, we offset the impact of the prolonged sales cycle by finetuning our strategies and expanding our sales pipeline, bringing in additional brand customers from a variety of regions. In addition, we shifted our focus to grow our online services as driven by stronger market demand. At the same time, our mobile beauty app business continues its strong growth momentum, stabilizing and balancing our revenue streams. Powered by our market leadership in AI/AR solutions, a solid customer base, renewed focus on online services, and an optimized cost structure, we remain committed to driving top-line growth while focusing on profitability. As we direct more resources to online business going forward, we encourage investors to closely follow the future growth trajectory of our AR/AI cloud solutions and subscription services."
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