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MARKETS / NASDAQ / PAVS
NASDAQ · SERVICES-COMPUTER PROCESSING & DATA PREPARATION · SMALL CAP

Paranovus Entertainment Technology Ltd. PAVS

9 fiscal years on record · USD · FY2025 reported · SEC filings only
$14.6M
▲ 20310.9% YoY
$-12.7M
$-1.4M
In brief

What this company does

The company operates an e-commerce and e-commerce enablement solutions business. It has 25 full-time employees, based in the U.S. Its operations are conducted through 2Lab3, a wholly owned subsidiary, and BW, a 51% owned subsidiary, in the U.S. BW generates revenue from product sales on its own TikTok Shops, from collaborative sales with key opinion leaders often supported by advertising, and from direct B2B sales. 2Lab3, a Los Angeles-based wholly owned subsidiary, moved its focus from Web 3.0 to AI-powered applications. Through operating subsidiaries in the PRC it previously ran a nutraceutical and dietary supplements business, divested in August 2023, an e-commerce business and an internet information and advertising business, both suspended in September 2023, and an automobile sale business, divested in July 2024.

Written from the business description in Paranovus Entertainment Technology Ltd.'s annual report to the U.S. Securities and Exchange Commission, filed 4 August 2025. Every sentence was checked against that document before publication.

Growth
USD 14.6M
Revenue, FY2025 · full 9-year series below
Revenue $M Net income $M
FY2025 · Revenue 14.6 · Net income -12.7
25.0M50.0M-25.0M-50.0M201720182019202020212022202320242025
Compound annual growth
−27.2%
−64.4%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −27.2% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−108 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -100.4% · Net -107.6%
-5000%-10000%201720182019202020212022202320242025
ROE
FY2025 · ROE -45.9%
10%20%30%-50%-100%-150%201720182019202020212022202320242025

Each USD of equity lost 46 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -1.4
5M10M-8M-16M201720182019202020212022202320242025
Net buybacks $M Dividends $M
FY2020 · Dividends 0.4 · Net buybacks —
4M8M20172020

Total assetsUSD 36.9M
EquityUSD 31.2M
CashUSD 10.3M
DepositsUSD 50,000.00
Current ratio8.18×

Equity funds 85% of total assets.

The 9-year record
9 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202520242023202220212020201920182017
Revenue $B0.00.00.00.00.00.10.10.10.1
Operating income $B−0.0−0.0−0.0−0.0−0.00.00.00.00.0
EBITDA $B−0.0−0.0−0.0−0.0−0.00.00.00.00.0
Income tax $B0.00.00.00.00.00.00.00.00.0
Net income $B−0.0−0.0−0.0−0.1−0.00.00.00.00.0
Free cash flow $B−0.0−0.0−0.0−0.0−0.00.00.00.00.0
EPS, diluted $−8485.00−11208.00−256753.00−12.63−1.220.030.530.810.76
Dividend / sh $·········
Payout %·····48··48
ROE %−45.9−52.9−99.6−154.5−56.50.918.135.539.3
Shares out B····0.030.030.030.020.02

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 45 reconciliationsAUDITED

Reconciled in 9 of 19 fiscal years. 50 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityServices-Computer Processing & Data Preparation
Listed onNASDAQ
Incorporated inoutside the United States — SEC code E9
Fiscal year endsMarch 31
Data on record since2017

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