PAVS
Paranovus Entertainment Technology Ltd.
Consumer Defensive · Packaged Foods
NASDAQ
$118,437
Mkt Cap
$2.2M
Ent. Value
-$2.1M
Net Cash
$2.13
52W $0 – $140
—
P/E TTM
-0.00
PEG
—
P/FCF
0.0×
P/Book
0.0×
P/Sales
—
EV/EBITDA
—
EV/FCF
30.9×
EV/Sales
—
Div Yield
-54.8%
Net Margin
-3731.3%
FCF Margin
-18.3%
ROIC
$2.13
| USD | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 71,542 | 6.54M | 23.33M | 20.76M | 71.48M |
| YoY Growth | -98.9% | -71.9% | +12.4% | -71.0% | — |
| Gross Profit | 9,016 | 9,141 | 416,883 | 3.71M | 18.18M |
| Gross Margin | 12.6% | 0.1% | 1.8% | 17.9% | 25.4% |
| R&D | — | — | 1.40M | 1.68M | 1.66M |
| SG&A | 2.31M | 2.46M | 4.00M | 11.42M | 14.99M |
| EBIT | (6.74M) | (3.75M) | (4.53M) | (57.66M) | 1.76M |
| EBIT Margin | -9422.1% | -57.3% | -19.4% | -277.8% | 2.5% |
| D&A | 380,000 | 381,126 | 58,751 | 2.19M | 880,879 |
| EBITDA | (6.36M) | (3.37M) | (4.47M) | (55.47M) | 2.64M |
| EBITDA Margin | -8891.0% | -51.5% | -19.2% | -267.2% | 3.7% |
| Net Income | (7.89M) | (10.13M) | (71.74M) | (49.19M) | 786,356 |
| Net Margin | -11033.0% | -154.7% | -307.5% | -237.0% | 1.1% |
| EPS (diluted) | $-93.60 | $-2568.00 | $-15156.00 | $-29160.00 | $36.00 |
| Shares (dil., M) | 0 | 0 | 0 | 0 | 0 |
Company Brief
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.
Profitability (TTM)
| Gross Margin | 11.3% |
| EBITDA Margin | -2.2% |
| EBIT Margin | -12.4% |
| Net Margin | -54.8% |
| FCF Margin | -3731.3% |
| ROE | -28.5% |
| ROIC | -18.3% |
| ROA | -18.3% |
| ROCE | -21.7% |
| Asset Turnover | 0.33× |
Capital Efficiency (TTM)
| ROIC | -18.3% |
| ROE | -28.5% |
| ROA | -18.3% |
| ROCE | -21.7% |
| Asset Turnover | 0.33× |
| FCF Margin | -3731.3% |
| Net Margin | -54.8% |
Ownership
| Insider buys (12m) | — |
| Insider sells (12m) | — |
| Float | 8.0% |
| Shares Out. | 55,604 |
Analyst Price Targets
| Mean Target | — |
| Median Target | — |
| High Target | — |
| Low Target | — |
| vs. Mean | — |
| Buy / Hold / Sell | — |
Balance Sheet
| Cash & ST Invest. | $5.0M |
| Total Debt | $2.4M |
| Net Cash / (Debt) | -$2.1M |
| Total Assets | $35.6M |
| Total Equity | $24.3M |
| Goodwill & Intang. | $28.3M |
| Tangible Book/sh | $17.91 |
Liquidity & Leverage
| Current Ratio | 1.15× |
| Quick Ratio | 1.08× |
| D/E Ratio | 0.24× |
| Debt / Assets | 15.1% |
| Net Debt / EBITDA | -19.23× |
| Interest Coverage | -18.89× |
| Beta (5yr) | -0.54 |
Growth (CAGR)
| Revenue 1yr | -98.9% |
| Revenue 3yr | -84.9% |
| Revenue 5yr | -82.2% |
| EPS 1yr | — |
| EPS 3yr | — |
| EPS 5yr | — |
| FCF 5yr | — |
| Dividend 5yr | — |
Dividends
| Annual DPS | — |
| Yield (fwd) | — |
| Payout Ratio | 0.0% |
| Ex-div Date | 2020-08-07 |
| Pay Date | 2020-08-17 |
Capital Allocation (last FY)
| Capex | $0 |
| Capex / Revenue | — |
| SBC | $0 |
| Dividends Paid | $0 |
| Buybacks | $0 |
Profitability (TTM)
| Gross Margin | 11.3% |
| EBITDA Margin | -2.2% |
| EBIT Margin | -12.4% |
| Net Margin | -54.8% |
| FCF Margin | -3731.3% |
| ROE | -28.5% |
| ROIC | -18.3% |
| ROA | -18.3% |
| ROCE | -21.7% |
| Asset Turnover | 0.33× |
Capital Efficiency (TTM)
| ROIC | -18.3% |
| ROE | -28.5% |
| ROA | -18.3% |
| ROCE | -21.7% |
| Asset Turnover | 0.33× |
| FCF Margin | -3731.3% |
| Net Margin | -54.8% |
Ownership
| Insider buys (12m) | — |
| Insider sells (12m) | — |
| Float | 8.0% |
| Shares Out. | 55,604 |
Analyst Price Targets
| Mean Target | — |
| Median Target | — |
| High Target | — |
| Low Target | — |
| vs. Mean | — |
| Buy / Hold / Sell | — |
$2.13
| USD | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 71,542 | 6.54M | 23.33M | 20.76M | 71.48M |
| YoY Growth | -98.9% | -71.9% | +12.4% | -71.0% | — |
| Gross Profit | 9,016 | 9,141 | 416,883 | 3.71M | 18.18M |
| Gross Margin | 12.6% | 0.1% | 1.8% | 17.9% | 25.4% |
| R&D | — | — | 1.40M | 1.68M | 1.66M |
| SG&A | 2.31M | 2.46M | 4.00M | 11.42M | 14.99M |
| EBIT | (6.74M) | (3.75M) | (4.53M) | (57.66M) | 1.76M |
| EBIT Margin | -9422.1% | -57.3% | -19.4% | -277.8% | 2.5% |
| D&A | 380,000 | 381,126 | 58,751 | 2.19M | 880,879 |
| EBITDA | (6.36M) | (3.37M) | (4.47M) | (55.47M) | 2.64M |
| EBITDA Margin | -8891.0% | -51.5% | -19.2% | -267.2% | 3.7% |
| Net Income | (7.89M) | (10.13M) | (71.74M) | (49.19M) | 786,356 |
| Net Margin | -11033.0% | -154.7% | -307.5% | -237.0% | 1.1% |
| EPS (diluted) | $-93.60 | $-2568.00 | $-15156.00 | $-29160.00 | $36.00 |
| Shares (dil., M) | 0 | 0 | 0 | 0 | 0 |
Company Brief
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.
Balance Sheet
| Cash & ST Invest. | $5.0M |
| Total Debt | $2.4M |
| Net Cash / (Debt) | -$2.1M |
| Total Assets | $35.6M |
| Total Equity | $24.3M |
| Goodwill & Intang. | $28.3M |
| Tangible Book/sh | $17.91 |
Liquidity & Leverage
| Current Ratio | 1.15× |
| Quick Ratio | 1.08× |
| D/E Ratio | 0.24× |
| Debt / Assets | 15.1% |
| Net Debt / EBITDA | -19.23× |
| Interest Coverage | -18.89× |
| Beta (5yr) | -0.54 |
Growth (CAGR)
| Revenue 1yr | -98.9% |
| Revenue 3yr | -84.9% |
| Revenue 5yr | -82.2% |
| EPS 1yr | — |
| EPS 3yr | — |
| EPS 5yr | — |
| FCF 5yr | — |
| Dividend 5yr | — |
Dividends
| Annual DPS | — |
| Yield (fwd) | — |
| Payout Ratio | 0.0% |
| Ex-div Date | 2020-08-07 |
| Pay Date | 2020-08-17 |
Capital Allocation (last FY)
| Capex | $0 |
| Capex / Revenue | — |
| SBC | $0 |
| Dividends Paid | $0 |
| Buybacks | $0 |
Data: Financial Modeling Prep · Not investment adviceUpdated 4/1/2026