NASDAQ : PAVS
Paranovus Entertainment Technology Ltd. — Financial statements
Consumer Staples · Packaged Foods · United States
Last price 2.92 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 1.57M
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Financial statements
Paranovus Entertainment Technology Ltd. (PAVS) reported revenue of 14.60M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 14.60M | 14.60M | 71.54K | 20.76M | ||
| Cost of Revenue | 12.19M | 12.19M | 62.53K | 20.50M | ||
| Gross Profit | 2.41M | 2.41M | 9.02K | 257.26K | ||
| Selling, General & Admin | 5.79M | 5.79M | 2.31M | 2.46M | 4.00M | 11.42M |
| Operating Expenses | 5.79M | 5.79M | 2.31M | 2.46M | 4.00M | 11.42M |
| Operating Income | -3.37M | -3.37M | -2.30M | -2.46M | -4.00M | -11.17M |
| Interest Expense | -262.51K | -262.51K | -261.85K | -39.17K | ||
| Interest & Investment Income | 216.76K | 216.76K | 156.00 | 1.00 | 1.54K | |
| Other Non Operating Income (Expenses) | 233.63K | 233.63K | 42.61K | 19.91K | -277.29K | 964.20K |
| EBT Excluding Unusual Items | -3.19M | -3.19M | -2.52M | -2.48M | -4.28M | -10.20M |
| Impairment of Goodwill | -6.56M | -6.56M | -3.38M | -1.81M | ||
| Asset Writedown | -3.23M | -3.23M | -1.11M | |||
| Other Unusual Items | -1.50M | -1.50M | ||||
| Pretax Income | -14.48M | -14.48M | -7.00M | -4.29M | -4.28M | -10.20M |
| Income Tax Expense | 1.24M | 1.24M | 696.00 | |||
| Earnings From Continuing Operations | -15.72M | -15.72M | -7.00M | -4.29M | -4.28M | -10.20M |
| Earnings From Discontinued Operations | -1.30M | -5.64M | -67.91M | -43.82M | ||
| Net Income to Company | -15.72M | -15.72M | -8.31M | -9.93M | -72.19M | -54.02M |
| Minority Interest in Earnings | 2.98M | 2.98M | 412.18K | -198.87K | 448.24K | 4.83M |
| Net Income | -12.73M | -12.73M | -7.89M | -10.13M | -71.74M | -49.19M |
| Net Income to Common | -12.73M | -12.73M | -7.89M | -10.13M | -71.74M | -49.19M |
| Shares Outstanding (Basic) | 612.31K | |||||
| Shares Outstanding (Diluted) | 612.31K | |||||
| EPS (Basic) | -16.54 | |||||
| EPS (Diluted) | -16.54 | |||||
| Free Cash Flow | -1.40M | -1.40M | -2.67M | -13.11M | -20.71M | -10.77M |
| Free Cash Flow Per Share | -21.40 | |||||
| Gross Margin | 16.54% | 16.54% | 12.60% | 1.24% | ||
| Operating Margin | -23.11% | -23.11% | -3,213.56% | -53.79% | ||
| Profit Margin | -87.20% | -87.20% | -11,033.03% | -236.96% | ||
| Free Cash Flow Margin | -9.59% | -9.59% | -3,731.31% | -51.89% | ||
| EBITDA | -1.21M | -1.21M | -1.92M | -2.08M | -3.97M | -11.13M |
| EBITDA Margin | -8.27% | -8.27% | -53.62% | |||
| D&A For EBITDA | 2.17M | 2.17M | 380.00K | 380.00K | 31.67K | 34.61K |
| EBIT | -3.37M | -3.37M | -2.30M | -2.46M | -4.00M | -11.17M |
| EBIT Margin | -23.11% | -23.11% | -53.79% |
Balance sheet
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 10.30M | 10.30M | 261.36K | 341.78K | 2.05M | 19.73M |
| Short-Term Investments | 4.95M | 4.95M | 4.76M | 691.07K | ||
| Cash & Short-Term Investments | 15.25M | 15.25M | 5.02M | 341.78K | 2.05M | 20.42M |
| Accounts Receivable | 436.63K | 436.63K | 27.54M | |||
| Other Receivables | 477.99K | 477.99K | 12.21K | 408.11K | ||
| Receivables | 4.78M | 4.78M | 12.21K | 28.67M | ||
| Inventory | 118.79K | 118.79K | 653.34K | 1.39M | ||
| Other Current Assets | 66.67K | 66.67K | 1.50M | 2.51M | 7.74M | 6.08M |
| Total Current Assets | 20.22M | 20.22M | 7.19M | 2.85M | 9.79M | 56.57M |
| Property, Plant & Equipment | 340.03K | 340.03K | 126.44K | 13.47K | 11.25M | |
| Goodwill | 10.94M | 10.94M | 17.50M | 3.38M | 5.18M | 10.08M |
| Other Intangible Assets | 5.38M | 5.38M | 10.75M | 1.49M | 1.87M | 10.10M |
| Long-Term Deferred Tax Assets | 3.80M | |||||
| Other Long-Term Assets | 12.60K | 19.49M | 5.63M | |||
| Total Assets | 36.87M | 36.87M | 35.56M | 7.73M | 36.34M | 97.43M |
| Accounts Payable | 1.43M | 1.43M | 1.73M | 12.16M | ||
| Accrued Expenses | 218.63K | 39.17K | 18.59K | 19.96K | ||
| Short-Term Debt | 315.58K | 315.58K | 4.03M | 2.25M | 2.27M | |
| Current Portion of Leases | 155.45K | 155.45K | 101.59K | |||
| Current Income Taxes Payable | 107.79K | 107.79K | 293.00 | 37.23K | ||
| Other Current Liabilities | 461.67K | 461.67K | 322.05K | 271.21K | 20.93M | 3.45M |
| Total Current Liabilities | 2.47M | 2.47M | 6.40M | 2.56M | 20.95M | 17.93M |
| Long-Term Leases | 82.19K | 82.19K | ||||
| Long-Term Deferred Tax Liabilities | 1.13M | 1.13M | 2.08M | |||
| Other Long-Term Liabilities | 171.98K | 171.98K | 158.09K | 1.51M | ||
| Total Liabilities | 3.86M | 3.86M | 6.56M | 2.56M | 22.47M | 20.01M |
| Common Stock | 11.00 | 11.00 | 673.30K | 73.30K | 83.30K | 39.55K |
| Additional Paid-In Capital | 111.85M | 111.85M | 91.32M | 64.92M | 66.91M | 53.87M |
| Retained Earnings | -83.00M | -83.00M | -70.26M | -61.96M | -51.83M | 19.91M |
| Comprehensive Income & Other | 2.39M | 2.39M | 2.53M | 2.55M | -402.12K | 4.31M |
| Total Common Equity | 31.25M | 31.25M | 24.26M | 5.58M | 14.76M | 78.13M |
| Minority Interest | 1.76M | 1.76M | 4.75M | -412.18K | -886.01K | -710.75K |
| Shareholders' Equity | 33.01M | 33.01M | 29.00M | 5.17M | 13.87M | 77.41M |
| Total Liabilities & Equity | 36.87M | 36.87M | 35.56M | 7.73M | 36.34M | 97.43M |
| Total Debt | 553.22K | 553.22K | 4.13M | 2.25M | 2.27M | |
| Net Cash (Debt) | 14.70M | 14.70M | 891.05K | -1.91M | 2.05M | 18.16M |
| Net Cash Per Share | -3.12 | |||||
| Filing Date Shares Outstanding | 13.29K | 13.29K | 612.81K | 612.31K | 612.32K | 612.28K |
| Total Common Shares Outstanding | 13.29K | 13.29K | 612.81K | 612.31K | 612.32K | 604.78K |
| Working Capital | 17.74M | 17.74M | 782.22K | 291.33K | -11.17M | 38.64M |
| Book Value Per Share | 2,350.58 | 2,350.58 | 39.58 | 9.11 | 24.10 | 129.18 |
| Tangible Book Value | 14.94M | 14.94M | -4.00M | 716.11K | 7.71M | 57.94M |
| Tangible Book Value Per Share | 1,123.51 | 1,123.51 | -6.52 | 1.17 | 12.59 | 95.80 |
| Buildings | 15.11K | 15.35M | ||||
| Machinery | 121.90K | 121.90K | 24.86K | 5.82K | 2.28M |
Cash flow statement
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | -12.73M | -12.73M | -7.89M | -10.13M | -71.74M | -49.19M |
| Depreciation & Amortization | 2.36M | 2.36M | 380.00K | 380.00K | 31.67K | 34.61K |
| Other Amortization | 1.50M | 1.50M | ||||
| Asset Writedown & Restructuring Costs | 9.79M | 9.79M | 4.48M | 1.81M | ||
| Stock-Based Compensation | 1.09M | |||||
| Other Operating Activities | -3.04M | -3.04M | -44.96K | -7.27M | -3.49M | 39.67M |
| Change in Accounts Receivable | -436.63K | -436.63K | -13.52K | |||
| Change in Inventory | 534.55K | 534.55K | -344.48K | |||
| Change in Accounts Payable | -301.89K | -301.89K | ||||
| Change in Income Taxes | 107.79K | 107.79K | 4.28K | |||
| Change in Other Net Operating Assets | -304.35K | -304.35K | 100.12K | -1.06M | 6.34K | -1.75M |
| Operating Cash Flow | -1.40M | -1.40M | -2.67M | -13.11M | -20.71M | -10.50M |
| Capital Expenditures | -273.65K | |||||
| Cash Acquisitions | -22.29M | |||||
| Investment in Securities | -4.76M | |||||
| Other Investing Activities | 11.70M | 89.32K | -8.21M | |||
| Investing Cash Flow | -3.86M | -3.86M | -27.05M | 11.70M | 89.32K | -8.48M |
| Short-Term Debt Issued | 1.85M | |||||
| Long-Term Debt Issued | 949.95K | 949.95K | 158.09K | |||
| Total Debt Issued | 949.95K | 949.95K | 2.01M | |||
| Short-Term Debt Repaid | -1.89M | -1.89M | ||||
| Long-Term Debt Repaid | -3.32M | -3.32M | ||||
| Total Debt Repaid | -5.21M | -5.21M | ||||
| Net Debt Issued (Repaid) | -4.26M | -4.26M | 2.01M | |||
| Issuance of Common Stock | 19.86M | 19.86M | 27.00M | 3.00M | 18.88M | |
| Other Financing Activities | 145.52K | -46.81K | ||||
| Financing Cash Flow | 15.60M | 15.60M | 29.01M | 3.15M | 18.83M | |
| Foreign Exchange Rate Adjustments | -303.46K | -303.46K | 26.66K | -1.00M | 1.09M | 95.58K |
| Miscellaneous Cash Flow Adjustments | -16.77M | |||||
| Net Cash Flow | 10.04M | 10.04M | -682.89K | -2.41M | -16.38M | -16.83M |
| Free Cash Flow | -1.40M | -1.40M | -2.67M | -13.11M | -20.71M | -10.77M |
| Free Cash Flow Margin | -9.59% | -9.59% | -3,731.31% | -51.89% | ||
| Free Cash Flow Per Share | -21.40 | |||||
| Levered Free Cash Flow | -1.48M | -1.48M | 1.09M | -16.60M | 31.23M | 19.04M |
| Unlevered Free Cash Flow | -1.32M | -1.32M | 1.25M | -16.57M | 31.23M | 19.04M |
| Cash Interest Paid | 558.66K | 558.66K | ||||
| Change in Working Capital | 728.36K | 728.36K | 100.12K | -1.06M | 6.34K | -2.10M |
Ratios
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 1.85M | 131.63M | 100.01B | 132.99B | 376.20B | 427.28B |
| Enterprise Value | -12.85M | 134.34M | 100.01B | 132.99B | 376.19B | 427.24B |
| Last Close Price | 3.45 | 213.00 | 163,200.65 | 217,200.87 | 614,402.46 | 706,503.48 |
| Forward PE | 0.84 | 0.84 | 0.84 | 0.84 | 0.84 | |
| PS Ratio | 0.13 | 9.01 | 1,397,936.00 | 20,583.26 | ||
| PB Ratio | 0.00 | 3.99 | 3,448.35 | 25,732.01 | 27,117.49 | 5,519.38 |
| P/TBV Ratio | 0.12 | 8.81 | 185,718.73 | 48,814.98 | 7,374.57 | |
| EV/Sales Ratio | 9.20 | 1,397,949.00 | 20,581.15 | |||
| Debt / Equity Ratio | 0.02 | 0.02 | 0.14 | 0.43 | 0.03 | |
| Net Debt / Equity Ratio | -0.45 | -0.45 | -0.03 | 0.37 | -0.15 | -0.23 |
| Net Debt / EBITDA Ratio | 12.17 | 12.17 | 0.46 | -0.92 | 0.52 | 1.63 |
| Net Debt / FCF Ratio | 10.50 | 10.50 | 0.33 | -0.15 | 0.10 | 1.69 |
| Asset Turnover | 0.40 | 0.40 | 0.00 | 0.20 | ||
| Inventory Turnover | 31.57 | 31.57 | 12.91 | |||
| Quick Ratio | 6.54 | 6.54 | 0.79 | 0.13 | 0.10 | 2.70 |
| Current Ratio | 8.18 | 8.18 | 1.12 | 1.11 | 0.47 | 3.15 |
| Return on Equity (ROE) | -50.68% | -50.68% | -40.99% | -45.05% | -9.38% | -11.65% |
| Return on Assets (ROA) | -5.82% | -5.82% | -6.64% | -6.98% | -3.74% | -6.64% |
| Return on Invested Capital (ROIC) | -18.43% | -14.54% | -13.07% | -26.05% | -11.26% | -18.22% |
| Return on Capital Employed (ROCE) | -9.80% | -9.80% | -7.90% | -47.60% | -26.00% | -14.00% |
| Earnings Yield | -687.09% | -9.67% | -0.01% | -0.01% | -0.02% | -0.01% |
| FCF Yield | -75.54% | -1.06% | -0.00% | -0.01% | -0.01% | -0.00% |