PAVS
Paranovus Entertainment Technology Ltd.
Price Chart
Latest Quote
$0.16
+0.01 (+8.26%)
Current Price
| Previous Close | $0.15 |
| Open | $0.16 |
| Day High | $0.18 |
| Day Low | $0.15 |
| Volume | 72,675,311 |
Stock Information
| Shares Outstanding | 50.29M |
| Total Debt | $3.08M |
| Cash Equivalents | $5.21M |
| Revenue | $12.42M |
| Net Income | $-6.39M |
| Sector | Consumer Defensive |
| Industry | Packaged Foods |
| Market Cap | $8.11M |
| EPS (TTM) | $-48.00 |
| Exchange | NCM |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $2.82M |
| Sales | $12.42M |
| Income | $-6.39M |
| Book/sh | $35.33 |
| Cash/sh | $0.10 |
| Employees | 28 |
Financial Ratios
| Quick Ratio | 0.88 |
| Current Ratio | 1.15 |
| Debt/Eq | 10.83 |
Returns & Margins
| ROA | -3.13% |
| ROE | -21.54% |
| Gross Margin | 19.97% |
| Operating Margin | -5.06% |
| Profit Margin | -54.84% |
Ownership
| Insider Ownership | 0.10% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| P/S | 0.65 |
| P/B | 0.00 |
Analyst Data
| Recommendation | none |
Technical Indicators
| SMA20 | $0.72 |
| SMA50 | $1.09 |
| SMA200 | $291.37 |
| RSI | 11.63 |
| ATR | 2.0882 |
| Shares Float | 263K |
| Short Float | 1.86% |
| Short Ratio | 0.22 |
| Volatility | -0.35 |
| Rel Volume | 1.07 |
Performance History
| Week | -22.45% |
| Month | -85.20% |
| Quarter | -95.62% |
| 6 Months | -99.33% |
| YTD | -99.33% |
| Year | -99.98% |
| 3 Years | -100.00% |
| 5 Years | -100.00% |
| 10 Years | -100.00% |
Stock Score:
â Premium
Based on debt, profitability, growth, and cash flow metrics
â Premium Feature
Sign up for free to view detailed scoring breakdown â premium is free during our trial period!
Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-22 | $0.16 | 72,675,311 |
| 2026-06-18 | $0.15 | 34,579,100 |
| 2026-06-17 | $0.17 | 33,803,200 |
| 2026-06-16 | $0.19 | 100,026,600 |
| 2026-06-15 | $0.19 | 671,363,700 |
| 2026-06-12 | $0.21 | 89,443,900 |
| 2026-06-11 | $0.29 | 44,914,300 |
| 2026-06-10 | $0.50 | 52,386,700 |
| 2026-06-09 | $1.02 | 229,241,800 |
| 2026-06-08 | $0.94 | 19,759,900 |
| 2026-06-05 | $0.89 | 105,300 |
| 2026-06-04 | $1.04 | 99,500 |
| 2026-06-03 | $1.04 | 95,200 |
| 2026-06-02 | $1.05 | 71,600 |
| 2026-06-01 | $1.12 | 199,300 |
| 2026-05-29 | $1.16 | 2,387,900 |
| 2026-05-28 | $1.05 | 41,700 |
| 2026-05-27 | $1.07 | 117,700 |
| 2026-05-26 | $1.12 | 928,000 |
About Paranovus Entertainment Technology Ltd.
Paranovus Entertainment Technology Ltd. operates in the artificial intelligence (AI)-powered entertainment industry. The company focuses on providing AI-driven games and applications. The company was formerly known as Happiness Development Group Limited and changed its name to Paranovus Entertainment Technology Ltd. in March 2023. Paranovus Entertainment Technology Ltd. was founded in 2004 and is based in New York, New York.
đ° Latest News
PAVS Stock Heads For Best Day Since Implementing Reverse Share Split In March â Whatâs Driving Todayâs Super Rally?
Stocktwits âĸ 2026-06-15T14:55:10Z
Paranovus Entertainment receives delisting notification from Nasdaq
TipRanks âĸ 2025-12-23T21:40:30Z
Wall Street Set to Open Higher Thursday; Jobless Claims Fall as Manufacturing Index Rebounds
MT Newswires âĸ 2025-09-18T13:27:56ZCalculating The Fair Value Of Paranovus Entertainment Technology Ltd. (NASDAQ:PAVS)
Simply Wall St. âĸ 2025-07-21T12:27:04Z
Period:
Loading...
Income Statement (Annual)
| Metric | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $62,526 | $0 | $0 | $20,501,385 |
| Cost Of Revenue | $62,526 | $0 | $0 | $20,501,385 |
| Total Revenue | $71,542 | $0 | $0 | $20,758,645 |
| Operating Revenue | $71,542 | $0 | $0 | $20,758,645 |
| Expenses | ||||
| Interest Expense | $261,854 | $39,167 | $0 | $0 |
| Total Expenses | $2,370,584 | $2,462,095 | $4,002,589 | $31,923,677 |
| Other Income Expense | $-4,441,907 | $-1,787,933 | $-277,288 | $964,198 |
| Other Non Operating Income Expenses | $42,612 | $19,915 | $-277,288 | $964,198 |
| Net Non Operating Interest Income Expense | $-261,698 | $-39,167 | $1 | $1,539 |
| Interest Expense Non Operating | $261,854 | $39,167 | $0 | $0 |
| Operating Expense | $2,308,058 | $2,462,095 | $4,002,589 | $11,422,292 |
| Selling And Marketing Expense | $1,445 | $94 | $911,111 | $8,862,101 |
| General And Administrative Expense | $2,306,613 | $2,462,001 | $3,091,478 | $2,560,191 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $-6,590,466 | $-4,488,062 | $-3,831,634 | $-5,370,520 |
| Net Interest Income | $-261,698 | $-39,167 | $1 | $1,539 |
| Interest Income | $156 | $0 | $1 | $1,539 |
| Normalized Income | $-2,105,947 | $-2,680,214 | $-3,831,634 | $-5,370,520 |
| Net Income From Continuing And Discontinued Operation | $-7,893,248 | $-10,126,191 | $-71,738,874 | $-49,190,610 |
| Total Operating Income As Reported | $-6,783,561 | $-4,269,943 | $-4,002,589 | $-11,165,032 |
| Net Income Common Stockholders | $-7,893,248 | $-10,126,191 | $-71,738,874 | $-49,190,610 |
| Net Income | $-7,893,248 | $-10,126,191 | $-71,738,874 | $-49,190,610 |
| Net Income Including Noncontrolling Interests | $-8,305,429 | $-9,927,324 | $-72,187,116 | $-54,020,081 |
| Net Income Discontinuous Operations | $-1,302,782 | $-5,638,129 | $-67,907,240 | $-43,820,090 |
| Net Income Continuous Operations | $-7,002,647 | $-4,289,195 | $-4,279,876 | $-10,199,991 |
| Pretax Income | $-7,002,647 | $-4,289,195 | $-4,279,876 | $-10,199,295 |
| Special Income Charges | $-4,484,519 | $-1,807,848 | $0 | $0 |
| Interest Income Non Operating | $156 | $0 | $1 | $1,539 |
| Operating Income | $-2,299,042 | $-2,462,095 | $-4,002,589 | $-11,165,032 |
| Gross Profit | $9,016 | $0 | $0 | $257,260 |
| Per Share | ||||
| Diluted EPS | $-10.00 | $-210.00 | $-1263.00 | $-2420.00 |
| Basic EPS | $-10.00 | $-210.00 | $-1263.00 | $-2420.00 |
| Other | ||||
| Tax Effect Of Unusual Items | $0 | $0 | $0 | $0 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-1,876,274 | $-2,062,180 | $-4,248,209 | $-10,164,685 |
| Total Unusual Items | $-4,484,519 | $-1,807,848 | $0 | $0 |
| Total Unusual Items Excluding Goodwill | $-4,484,519 | $-1,807,848 | $0 | $0 |
| Reconciled Depreciation | $380,000 | $380,000 | $31,667 | $34,610 |
| EBITDA (Bullshit earnings) | $-6,360,793 | $-3,870,028 | $-4,248,209 | $-10,164,685 |
| EBIT | $-6,740,793 | $-4,250,028 | $-4,279,876 | $-10,199,295 |
| Diluted Average Shares | $845,129 | $47,327 | $56,780 | $20,242 |
| Basic Average Shares | $845,129 | $47,327 | $56,780 | $20,242 |
| Diluted NI Availto Com Stockholders | $-7,893,248 | $-10,126,191 | $-71,738,874 | $-49,190,610 |
| Minority Interests | $412,181 | $-198,867 | $448,242 | $4,829,471 |
| Tax Provision | $0 | $0 | $0 | $696 |
| Impairment Of Capital Assets | $4,484,519 | $1,807,848 | $0 | $0 |
| Selling General And Administration | $2,308,058 | $2,462,095 | $4,002,589 | $11,422,292 |
| Other Gand A | $2,306,613 | $2,462,001 | $3,091,478 | $2,560,191 |
| Research And Development | - | - | $1,397,118 | $1,684,089 |
Fetched: 2026-06-22
Balance Sheet (Annual)
| Metric | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $-3,995,127 | $716,107 | $7,706,710 | $57,939,752 |
| Total Assets | $35,564,173 | $7,728,826 | $36,340,209 | $97,425,676 |
| Total Non Current Assets | $28,378,471 | $4,877,115 | $26,554,238 | $40,856,012 |
| Goodwill And Other Intangible Assets | $28,252,027 | $4,864,519 | $7,052,369 | $20,185,606 |
| Other Intangible Assets | $10,751,426 | $1,488,333 | $1,868,333 | $10,101,405 |
| Current Assets | $7,185,702 | $2,851,711 | $9,785,971 | $56,569,664 |
| Other Current Assets | $12,208 | $1,651 | $77,673 | $226,173 |
| Assets Held For Sale Current | $0 | $1,008,281 | $4,429,107 | - |
| Prepaid Assets | $1,500,000 | $1,500,000 | $1,229,829 | $5,987,034 |
| Inventory | $653,342 | $0 | $335,019 | $1,389,561 |
| Cash Cash Equivalents And Short Term Investments | $5,020,152 | $341,779 | $2,049,362 | $19,733,631 |
| Cash And Cash Equivalents | $261,355 | $341,779 | $2,049,362 | $19,733,631 |
| Other Non Current Assets | - | $12,596 | $19,488,147 | - |
| Non Current Prepaid Assets | - | $0 | $252 | $5,627,099 |
| Receivables | - | $285,755 | $2,000,000 | $29,233,265 |
| Taxes Receivable | - | $752 | $0 | $560,155 |
| Loans Receivable | - | $273,643 | $0 | $727,765 |
| Accounts Receivable | - | $11,360 | $0 | $27,447,907 |
| Non Current Deferred Assets | - | - | $0 | $3,796,492 |
| Non Current Deferred Taxes Assets | - | - | $0 | $3,796,492 |
| Other Receivables | - | - | $2,000,000 | - |
| Notes Receivable | - | - | $0 | $89,332 |
| Allowance For Doubtful Accounts Receivable | - | - | $-854,615 | $-463,514 |
| Gross Accounts Receivable | - | - | $2,560,894 | $27,911,421 |
| Debt | ||||
| Net Debt | $1,988,645 | $1,908,221 | - | - |
| Total Debt | $2,351,588 | $2,250,000 | $2,241,076 | $2,268,360 |
| Current Debt And Capital Lease Obligation | $2,351,588 | $2,250,000 | $2,241,076 | $2,268,360 |
| Current Debt | $2,250,000 | $2,250,000 | $2,241,076 | $2,268,360 |
| Other Current Borrowings | $2,250,000 | $2,250,000 | - | - |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $6,561,576 | $2,560,381 | $22,467,138 | $20,011,072 |
| Total Non Current Liabilities Net Minority Interest | $158,091 | $0 | $1,514,060 | $2,079,986 |
| Other Non Current Liabilities | $158,091 | - | - | - |
| Current Liabilities | $6,403,485 | $2,560,381 | $20,953,078 | $17,931,086 |
| Current Deferred Liabilities | $73,321 | $73,953 | $655,922 | $3,310,906 |
| Payables And Accrued Expenses | $3,978,576 | $122,122 | $76,375 | $12,351,820 |
| Interest Payable | $218,630 | $39,167 | - | - |
| Payables | $3,730,334 | $50,000 | $76,375 | $12,351,820 |
| Other Payable | $50,000 | $50,000 | $67,388 | $158,862 |
| Accounts Payable | $1,733,707 | $0 | $13,462,008 | $12,155,733 |
| Liabilities Heldfor Sale Non Current | - | $0 | $1,514,060 | - |
| Other Current Liabilities | - | $114,306 | $20,220,781 | - |
| Total Tax Payable | - | $0 | $8,987 | $37,225 |
| Non Current Deferred Liabilities | - | - | $1,514,060 | $2,079,986 |
| Non Current Deferred Taxes Liabilities | - | - | $1,514,060 | $2,079,986 |
| Income Tax Payable | - | - | $143,360 | $37,225 |
| Equity | ||||
| Common Stock Equity | $24,256,900 | $5,580,626 | $14,759,079 | $78,125,358 |
| Total Equity Gross Minority Interest | $29,002,597 | $5,168,445 | $13,873,071 | $77,414,604 |
| Stockholders Equity | $24,256,900 | $5,580,626 | $14,759,079 | $78,125,358 |
| Gains Losses Not Affecting Retained Earnings | $2,527,322 | $2,545,619 | $7,220,646 | $11,929,301 |
| Other Equity Adjustments | $2,527,322 | $2,545,619 | $7,220,646 | $11,929,301 |
| Retained Earnings | $-70,262,448 | $-61,957,019 | $-59,453,593 | $12,285,281 |
| Other | ||||
| Ordinary Shares Number | $673,369 | $73,369 | $83,369 | $39,549 |
| Share Issued | $673,369 | $73,369 | $83,369 | $39,549 |
| Tangible Book Value | $-3,995,127 | $716,107 | $7,706,710 | $57,939,752 |
| Invested Capital | $26,506,900 | $7,830,626 | $14,759,079 | $80,393,718 |
| Working Capital | $782,217 | $291,330 | $-11,167,107 | $38,638,578 |
| Capital Lease Obligations | $101,588 | $0 | - | - |
| Total Capitalization | $24,256,900 | $5,580,626 | $14,759,079 | $78,125,358 |
| Minority Interest | $4,745,697 | $-412,181 | $-886,008 | $-710,754 |
| Additional Paid In Capital | $91,318,726 | $64,918,726 | $66,908,726 | $53,871,226 |
| Capital Stock | $673,300 | $73,300 | $83,300 | $39,550 |
| Common Stock | $673,300 | $73,300 | $83,300 | $39,550 |
| Current Deferred Revenue | $73,321 | $73,953 | $655,922 | $3,310,906 |
| Current Capital Lease Obligation | $101,588 | $0 | - | - |
| Current Accrued Expenses | $248,242 | $72,122 | - | - |
| Dueto Related Parties Current | $1,946,627 | $0 | - | - |
| Goodwill | $17,500,601 | $3,376,186 | $5,184,036 | $10,084,201 |
| Net PPE | $126,444 | $0 | $13,470 | $11,246,815 |
| Accumulated Depreciation | $0 | $0 | $-7,464 | $-6,374,373 |
| Gross PPE | $126,444 | $0 | $20,934 | $17,621,188 |
| Other Properties | $101,588 | - | - | - |
| Machinery Furniture Equipment | $24,856 | $0 | $5,820 | $2,275,191 |
| Other Short Term Investments | $4,758,797 | $0 | - | - |
| Preferred Stock | - | $0 | $0 | $0 |
| Buildings And Improvements | - | $14,638 | $15,114 | $15,345,997 |
| Properties | - | $0 | $0 | $0 |
| Line Of Credit | - | - | $2,241,076 | $2,268,360 |
| Finished Goods | - | - | $52,401 | $603,479 |
| Work In Process | - | - | $0 | $0 |
| Raw Materials | - | - | $282,618 | $786,082 |
| Duefrom Related Parties Current | - | - | $0 | $408,106 |
Fetched: 2026-06-22
Cash Flow Statement (Annual)
| Metric | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $-2,669,456 | $-13,105,978 | $-20,705,496 | $-10,772,159 |
| Operating Activities | ||||
| Operating Cash Flow | $-2,669,456 | $-13,105,978 | $-20,705,496 | $-10,498,509 |
| Cash From Discontinued Operating Activities | $304,108 | $3,164,448 | $54,483,289 | $44,503,488 |
| Cash Flow From Continuing Operating Activities | $-2,593,564 | $-16,270,426 | $-75,188,785 | $-55,001,997 |
| Operating Gains Losses | - | - | $-285,824 | $530,115 |
| Investing Activities | ||||
| Investing Cash Flow | $-27,046,341 | $11,698,379 | $89,322 | $-8,479,121 |
| Cash From Discontinued Investing Activities | $0 | $0 | $89,322 | $-8,205,471 |
| Cash Flow From Continuing Investing Activities | $-27,046,341 | $11,698,379 | $0 | $-273,650 |
| Capital Expenditure | - | - | $-45,819 | $-273,650 |
| Financing Activities | ||||
| Issuance Of Capital Stock | $27,000,000 | $0 | $3,000,000 | $18,877,600 |
| Financing Cash Flow | $29,006,249 | $0 | $3,145,524 | $18,830,781 |
| Cash From Discontinued Financing Activities | $0 | $0 | $145,524 | $-46,814 |
| Cash Flow From Continuing Financing Activities | $29,006,249 | $0 | $3,000,000 | $18,877,600 |
| Net Other Financing Charges | $1,848,158 | - | - | $-5 |
| Net Common Stock Issuance | $27,000,000 | $0 | $3,000,000 | $18,877,600 |
| Common Stock Issuance | $27,000,000 | $0 | $3,000,000 | $18,877,600 |
| Cash Dividends Paid | - | - | $0 | $0 |
| Other | ||||
| Issuance Of Debt | $158,091 | $0 | $0 | $2,247,086 |
| Interest Paid Supplemental Data | $0 | $0 | $0 | $0 |
| Income Tax Paid Supplemental Data | $0 | $0 | $0 | $0 |
| End Cash Position | $261,355 | $944,242 | $3,355,487 | $19,733,631 |
| Beginning Cash Position | $944,242 | $3,355,487 | $19,733,611 | $36,203,666 |
| Effect Of Exchange Rate Changes | $26,661 | $-1,003,646 | $1,092,526 | $95,575 |
| Changes In Cash | $-709,548 | $-1,407,599 | $-17,470,650 | $-16,565,610 |
| Net Issuance Payments Of Debt | $158,091 | $0 | $0 | $-46,814 |
| Net Short Term Debt Issuance | $158,091 | $0 | $0 | $-46,814 |
| Short Term Debt Issuance | $158,091 | $0 | $0 | $2,247,086 |
| Net Investment Purchase And Sale | $-4,758,797 | $0 | $0 | $1,931,646 |
| Net Business Purchase And Sale | $-22,287,544 | $11,698,379 | $0 | $0 |
| Sale Of Business | $0 | $11,698,379 | $0 | $0 |
| Purchase Of Business | $-22,287,544 | $0 | $0 | $-8,078,420 |
| Change In Working Capital | $100,123 | $-1,058,916 | $6,340 | $-2,102,757 |
| Change In Payables And Accrued Expense | $98,842 | $442,735 | $3,340 | $2,908,506 |
| Change In Payable | $98,842 | $442,735 | $3,340 | $2,908,506 |
| Change In Prepaid Assets | $1,281 | $-1,501,651 | $3,000 | $-4,653,268 |
| Other Non Cash Items | $-12,777 | $-7,472,035 | $-3,039,676 | - |
| Asset Impairment Charge | $4,864,519 | $1,807,849 | $0 | $0 |
| Depreciation Amortization Depletion | $380,000 | $380,000 | $31,667 | $34,610 |
| Depreciation And Amortization | $380,000 | $380,000 | $31,667 | $34,610 |
| Net Income From Continuing Operations | $-8,305,429 | $-9,927,324 | $-72,187,116 | $-54,020,081 |
| Net PPE Purchase And Sale | - | $0 | $65,545 | $-273,650 |
| Purchase Of PPE | - | $0 | $-45,819 | $-273,650 |
| Change In Tax Payable | - | $0 | $106,135 | $4,275 |
| Change In Income Tax Payable | - | $0 | $106,135 | $4,275 |
| Change In Inventory | - | $0 | $1,054,542 | $-344,479 |
| Change In Receivables | - | $-11,360 | $24,976,345 | $-13,516 |
| Changes In Account Receivables | - | $-11,360 | $24,887,013 | $-13,516 |
| Stock Based Compensation | - | $0 | $0 | $1,086,231 |
| Gain Loss On Sale Of PPE | - | $0 | $97,552 | $0 |
| Repayment Of Debt | - | - | $-2,342,943 | $-2,293,900 |
| Short Term Debt Payments | - | - | $-2,342,943 | $-2,293,900 |
| Sale Of Investment | - | - | $0 | $1,931,646 |
| Net Intangibles Purchase And Sale | - | - | $0 | $-17,165 |
| Purchase Of Intangibles | - | - | $0 | $-17,165 |
| Sale Of PPE | - | - | $111,364 | $43,069 |
| Change In Account Payable | - | - | $1,306,275 | $-4,845,854 |
| Provisionand Write Offof Assets | - | - | $854,615 | $463,514 |
| Deferred Tax | - | - | $3,230,566 | $-3,921,856 |
| Deferred Income Tax | - | - | $3,230,566 | $-3,921,856 |
| Gain Loss On Sale Of Business | - | - | $-383,376 | $95,932 |
| Change In Other Working Capital | - | - | - | - |
| Change In Other Current Assets | - | - | - | - |
Fetched: 2026-06-22