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CyberLink Announces its Unaudited Operation Results for 2021

March 4, 2022 - CyberLink Corp (5203.TW), the world’s leading provider of multimedia software and AI facial recognition, announced its unaudited operation results for 2021 full year ended December 31st. CyberLink’s consolidated revenue for 2021 full year was NT$1,577.07 million, and generated operation profit of NT$1,96.88 million for 2021. Net loss for the year was NT$562.76 million, and net loss per share was NT$7.21.

 

Unaudited financial results for 2021 (Consolidated)

 

Revenue

NT$ 1,577.07 million

Operating Income

NT$  196.88 million

Income loss before tax

NT$  (501.55) million

Income loss after tax

NT$  (562.77) million

Basic EPS (loss) after tax

NT$    (7.21)

 

CyberLink recognized NT$779M investment loss in Q4 2021, the investment loss was mainly incurred by Perfect Corp.’s preferred stock (liability) booked on its financial statement. Perfect Corp’s Convertible Preferred Shares are classified as financial liabilities booked on Perfect’s financial report in accordance with International Financial Reporting Standards (IFRS) requirement. The increase in Perfect corporate valuation drives up the value of the financial liabilities, leading to a sizable net loss on Perfect

Cyberlink adopts the equity method to recognize its investment losses on Perfect. The loss was not caused by CyberLink’s core business operation, and has no impact on CyberLink's actual operations.