PAVS revenueFY2026$14.60M
- FY YoY
- 204x
- 5Y CAGR
- -27.2%
PAVS revenue was $14.60M for fiscal 2026 (ended Mar 31, 2026), up about 204-fold from fiscal 2025. Compound annual growth was -27.2% over 5 years.
Paranovus Entertainment Technology Ltd. (PAVS) financials
For fiscal 2026 (ended Mar 31, 2026), Paranovus Entertainment Technology Ltd. reported $14.60M of revenue and -$12.73M of net income.
- Revenue, FY2026
- $14.60M
- Revenue growth, YoY
- +20310.9%
- Net income, FY2026
- -$12.73M
- Net margin
- -87.2%
- Free cash flow, FY2026
- -$1.40M
- EPS, diluted, FY2026
- -$8485.00
- Cash
- $10.30M
- P/S
- 0.18
- Market cap
- $2.6M
FY2018FY2026
FY2018FY2026
FY2018FY2026
PAVS revenue and earnings growth
PAVS net incomeFY2026-$12.73M
PAVS net income was -$12.73M for fiscal 2026 (ended Mar 31, 2026), compared with -$7.89M in fiscal 2025.
PAVS EPSFY2026-$8485.00
PAVS diluted EPS was -$8485.00 for fiscal 2026 (ended Mar 31, 2026).
PAVS free cash flowFY2026-$1.40M
PAVS free cash flow was -$1.40M for fiscal 2026 (ended Mar 31, 2026), compared with -$2.67M in fiscal 2025.
Income statement
| Line item | Mar 31, 2026 | Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | Mar 31, 2019 | Mar 31, 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $14.60M | $71.5K | $0 | $0 | $20.76M | $71.48M | $65.06M | $63.94M | $61.50M |
| Cost of revenue | $12.19M | $62.5K | $0 | $0 | $20.50M | $53.31M | $34.64M | $31.69M | $32.14M |
| Gross profit | $2.41M | $9.0K | $0 | $0 | $257.3K | $18.18M | $30.42M | $32.25M | $29.35M |
| Research and development | - | - | - | $1.40M | $1.68M | $1.66M | $2.36M | $2.16M | $1.86M |
| Selling, general and admin | $4.91M | $2.31M | $2.46M | $3.09M | $2.56M | $5.03M | $3.48M | $1.95M | $1.44M |
| Operating income | -$14.66M | -$6.78M | -$4.27M | -$4.00M | -$11.17M | $1.53M | $15.40M | $21.84M | $20.24M |
| Interest expense | $262.5K | $261.9K | $39.2K | $0 | $0 | $111.8K | $98.1K | $83.5K | $133.3K |
| Pre-tax income | -$14.48M | -$7.00M | -$4.29M | -$4.28M | -$10.20M | $1.65M | $15.53M | $21.91M | $20.36M |
| Income tax | $1.24M | $0 | $0 | $0 | $696 | $959.4K | $2.84M | $3.18M | $2.87M |
| Net income | -$12.73M | -$7.89M | -$10.13M | -$71.74M | -$48.80M | $786.4K | $12.69M | $18.72M | $17.49M |
| EPS, basic | - | - | $0.75 | -$0.72 | -$0.13 | $0.03 | $0.53 | $0.81 | $0.76 |
| EPS, diluted | -$8485.00 | -$11208.00 | -$256753.00 | -$0.67 | -$0.13 | $0.03 | $0.53 | $0.81 | $0.76 |
| Diluted shares | 1,500 | 704 | 39 | 5.7M | 40.5M | 26.2M | 23.8M | 23.0M | 23.0M |
Balance sheet
| Line item | Mar 31, 2026 | Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | Mar 31, 2019 | Mar 31, 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $10.30M | $261.4K | $944.2K | $3.36M | $19.73M | $36.56M | $33.65M | $14.80M | $8.88M |
| Short-term investments | $4.95M | $4.76M | $0 | - | - | - | - | - | - |
| Receivables | $436.6K | $0 | $11.4K | $0 | $27.45M | $34.56M | $30.04M | $32.01M | $32.56M |
| Inventory | $118.8K | $653.3K | $0 | $335.0K | $1.39M | $1.79M | $2.03M | $1.97M | $2.27M |
| Current assets | $20.22M | $7.19M | $2.85M | $9.79M | $56.57M | $95.10M | $69.98M | $54.84M | $43.76M |
| Goodwill | $10.94M | $17.50M | $3.38M | $5.18M | $10.08M | $162.8K | - | - | - |
| Total assets | $36.87M | $35.56M | $7.73M | $36.34M | $97.43M | $112.74M | $85.10M | $65.68M | $53.40M |
| Current liabilities | $2.47M | $6.40M | $2.56M | $20.95M | $17.93M | $15.11M | - | - | - |
| Short-term debt | - | - | - | $2.24M | $2.27M | $2.24M | $2.03M | $1.04M | $1.49M |
| Total liabilities | $3.86M | $6.56M | $2.56M | $22.47M | $20.01M | $15.11M | $5.51M | $4.76M | $8.84M |
| Shareholders' equity | $31.25M | $24.26M | $5.17M | $13.87M | $77.41M | $97.64M | $79.59M | $60.92M | $44.55M |
Cash flow
| Line item | Mar 31, 2026 | Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | Mar 31, 2019 | Mar 31, 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$1.40M | -$2.67M | -$13.11M | -$20.71M | -$10.50M | $2.90M | $10.78M | $6.54M | $12.93M |
| Capital expenditures | $0 | $0 | $0 | $0 | $273.6K | $2.78M | $1.16M | $283.1K | $158.0K |
| Free cash flow | -$1.40M | -$2.67M | -$13.11M | -$20.71M | -$10.77M | $121.0K | $9.62M | $6.26M | $12.78M |
| Investing cash flow | -$3.86M | -$27.05M | $11.70M | $89.3K | -$8.48M | -$13.22M | -$1.16M | -$277.2K | -$158.0K |
| Financing cash flow | $15.60M | $29.01M | $0 | $3.15M | $18.83M | $10.67M | $10.40M | $271.1K | -$8.78M |
| Dividends paid | - | - | - | - | - | $375.0K | - | - | $8.33M |
| Stock-based compensation | - | - | $0 | $0 | $1.09M | $778.4K | - | - | - |
| Depreciation and amortization | $2.07M | $380.0K | $380.0K | $31.7K | $34.6K | $880.9K | $690.7K | $699.5K | $137.2K |
Key ratios
| Line item | Mar 31, 2026 | Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | Mar 31, 2019 | Mar 31, 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 20310.9% | - | - | -100.0% | -71.0% | 9.9% | 1.8% | 4.0% | - |
| Net income growth, YoY | - | - | - | - | - | -93.8% | -32.2% | 7.0% | - |
| EPS growth, YoY | - | - | - | - | - | -94.3% | -34.6% | 6.6% | - |
| Gross margin | 16.5% | 12.6% | - | - | 1.2% | 25.4% | 46.8% | 50.4% | 47.7% |
| Operating margin | -100.4% | -9481.9% | - | - | -53.8% | 2.1% | 23.7% | 34.2% | 32.9% |
| Net margin | -87.2% | -11033.0% | - | - | -235.1% | 1.1% | 19.5% | 29.3% | 28.4% |
| Free cash flow margin | -9.6% | -3731.3% | - | - | -51.9% | 0.2% | 14.8% | 9.8% | 20.8% |
| Return on equity | -40.8% | -32.5% | -195.9% | -517.1% | -63.0% | 0.8% | 15.9% | 30.7% | 39.3% |
| Return on assets | -34.5% | -22.2% | -131.0% | -197.4% | -50.1% | 0.7% | 14.9% | 28.5% | 32.8% |
| Current ratio | 8.18 | 1.12 | 1.11 | 0.47 | 3.15 | 6.29 | - | - | - |
Source: XBRL data Paranovus Entertainment Technology Ltd. files with the SEC, latest filing dated Aug 14, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.
PAVS peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| PAVS | $14.60M | +20310.9% | -$12.73M | -87.2% | $2.6M |
| ADP | $22.26B | +6.5% | $4.53B | 20.3% | $119.24B |
| INFY | $20.16B | +4.6% | $3.31B | 16.4% | $50.24B |
| WDAY | $10.15B | +13.3% | $1.25B | 12.3% | $45.84B |
| ZS | $3.35B | +25.4% | -$63.18M | -1.9% | $32.45B |
| CTSH | $21.89B | +5.0% | $2.57B | 11.8% | $28.43B |
| VRSN | $1.73B | +6.5% | $849.80M | 49.1% | $27.43B |
| VRSK | $3.18B | +4.9% | $879.20M | 27.7% | $25.73B |
| IOT | $1.85B | +29.5% | $90.55M | 4.9% | $24.73B |
PAVS FAQ
9 questionsWhat is PAVS revenue?
Paranovus Entertainment Technology Ltd. (PAVS) reported $14.60M of revenue for fiscal 2026 (ended Mar 31, 2026). That is up 20310.9% from the year before.Is PAVS profitable?
No. Paranovus Entertainment Technology Ltd. reported a net loss of $12.73M for fiscal 2026 (ended Mar 31, 2026).How much cash and debt does PAVS have?
Paranovus Entertainment Technology Ltd. reported $10.30M in cash and cash equivalents on its most recent balance sheet in SEC filings.How fast is PAVS revenue growing?
Paranovus Entertainment Technology Ltd.'s revenue changed 204x in fiscal 2026, to $14.60M. Its compound annual growth rate was -27.2% over 5 years.What is PAVS gross margin?
Paranovus Entertainment Technology Ltd.'s gross profit was $2.41M on $14.60M of revenue for fiscal 2026 (ended Mar 31, 2026), a gross margin of 16.5%.What is PAVS free cash flow?
Paranovus Entertainment Technology Ltd. generated -$1.40M of free cash flow for fiscal 2026 (ended Mar 31, 2026), which is operating cash flow of -$1.40M less capital expenditures.What is PAVS earnings per share?
Diluted earnings per share were -$8485.00 for fiscal 2026 (ended Mar 31, 2026), from SEC filings, restated for any stock split those filings show.When did PAVS last report financial results?
The latest statements here come from Paranovus Entertainment Technology Ltd.'s 20-F filed on Aug 14, 2026, covering the period ended Mar 31, 2026.Where does this PAVS financial data come from?
Quantisnow builds these statements from the structured XBRL data Paranovus Entertainment Technology Ltd. files with the SEC. It is provided for information only and is not investment advice.