Paranovus Entertainment Technology Ltd. PAVS

Annual Quarterly

FY2026 · ended Mar 31, 2026 · Revenue $14.60M, +20310.9% YoY · Filed Aug 14, 2026

Paranovus Entertainment Technology Ltd. (PAVS) files with the SEC under industry code 7374, Services-Computer Processing & Data Preparation. In fiscal 2026, which ended Mar 31, 2026, it reported revenue of $14.6 million and a net loss of $12.7 million. Free cash flow was -$1.4 million. As of Mar 31, 2026 it held $15.3 million in cash and investments and $237,644 in total debt.

Revenue
$14.60M
+20310.9% vs prior year
Net income
$-12.73M
-61.3% vs prior year
Operating cash flow
$-1.40M
+47.6% vs prior year
Free cash flow
$-1.40M
+89.3% vs prior year
EPS
$-8,485.00
-67081.3% vs prior year
Dividend per share
None
Shares outstanding
78,732
-99.9% vs prior year
Net cash
$15.01M
FY 2026
Operating margin
-100.4%
FY 2026

Company profile

Industry
Services-Computer Processing & Data Preparation (SIC 7374)
Listed as
PAVS (Nasdaq)
Fiscal year ends
March 31
Incorporated in
Cayman Islands
Headquarters
New York, NY
SEC filer status
Non-accelerated filer
SEC CIK
1751876
Former names
Happiness Development Group Ltd (until Feb 27, 2023); Happiness Biotech Group Ltd (until Oct 29, 2021)

Other Services-Computer Processing & Data Preparation companies

Key figures

Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.

Line
FY 2026
Mar 31, 2026
FY 2024
Mar 31, 2025
FY 2024
Mar 31, 2024
FY 2023
Mar 31, 2023
FY 2022
Mar 31, 2022
Revenue
$14.6M
$71,542
$0
$0
$20.8M
Operating income
-$14.7M
-$6.8M
-$4.3M
-$4.0M
-$11.2M
Net income
-$12.7M
-$7.9M
-$10.1M
-$71.7M
-$48.8M
Diluted EPS
-$8,485.00
—
—
-$12.63
-$1.22
Operating cash flow
-$1.4M
-$2.7M
-$13.1M
-$20.7M
-$10.5M
Free cash flow
-$1.4M
—
-$13.1M
-$20.7M
-$10.8M
Total assets
$36.9M
$35.6M
$7.7M
$36.3M
$97.4M
Total liabilities
$3.9M
$6.6M
$2.6M
$22.5M
$20.0M
Stockholders' equity
$31.2M
$24.3M
$5.6M
$14.8M
$78.1M
Cash and investments
$15.3M
$5.0M
—
$3.4M
$19.7M
Total debt
$237,644
$101,588
—
$2.2M
$2.3M

Recent SEC filings

Recent SEC filings
Form Description Filed Period
20-F Annual report (foreign issuer) Aug 14, 2026 Mar 31, 2026
6-K Current report (foreign issuer) Aug 5, 2026 Aug 5, 2026
6-K Current report (foreign issuer) Jul 6, 2026 Jul 6, 2026
6-K Current report (foreign issuer) Jun 16, 2026 Jun 16, 2026
6-K Current report (foreign issuer) Jun 15, 2026 Jun 14, 2026
6-K Current report (foreign issuer) Jun 9, 2026 Jun 9, 2026

Source: SEC EDGAR filings. This is company-reported data, not investment advice.