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Paranovus Entertainment Technology Ltd.

PAVS

NASDAQHealthcareMedical - Pharmaceuticals

Open in GoAI

Previous close

$5.03

−$0.22 · -4.19%

Aug 21, 4:00 PM ET

PAVS company overview

Historical prices · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

47

Fair Value

Momentum

28

Weakening

Sentiment

46

Mixed

Risk resilience

37

High Risk

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Company profile

Company website

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.

Industry
Medical - Pharmaceuticals
Sector
Healthcare
Headquarters
US
CEO
Xiaoyue Zhang
Listed since
Oct 25, 2019
Employees
29

Market position

Day range

Current $5.03

52-week range

Current $5.03

Open
$5.1421
Previous close
$5.25
Volume
21.15K
0.03× average
Average volume
687.72K
Average daily volume
Market cap
4.31M USD
Beta
-0.14
Market reference 1
50-day average
$7.9829
-36.99% below average
200-day average
$7,895.05
-99.94% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
-8.52M USD
P/E (TTM)
-0×
P/B (TTM)
0×
P/S (TTM)
0.3×
EV / EBITDA
0.71×
Earnings yield
-1036.28%
Free cash flow yield
-113.94%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
1.04%
Operating margin
-23.11%
Net margin
-87.20%
Return on equity
-40.75%
Return on assets
-34.54%
Return on invested capital
-9.68%

Financial health

Debt / equity
0.02×
Current ratio
8.18×
Altman Z-score
-2.01
Piotroski F-score
3 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends1070%-3144%-7359%-11573%Gross margin, FY2021: 4.15%Gross margin, FY2022: 1.79%Gross margin, FY2024: -518.55%Gross margin, FY2025: 16.54%Operating margin, FY2021: -53.16%Operating margin, FY2022: -19.50%Operating margin, FY2024: -3213.56%Operating margin, FY2025: -23.11%Net margin, FY2021: -54.97%Net margin, FY2022: -307.47%Net margin, FY2024: -10519.73%Net margin, FY2025: -87.20%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 4.15%. Gross margin FY2022 1.79%. Gross margin FY2024 -518.55%. Gross margin FY2025 16.54%. Operating margin FY2021 -53.16%. Operating margin FY2022 -19.50%. Operating margin FY2024 -3213.56%. Operating margin FY2025 -23.11%. Net margin FY2021 -54.97%. Net margin FY2022 -307.47%. Net margin FY2024 -10519.73%. Net margin FY2025 -87.20%.

Income trends

Revenue

14.6M USD+20310.90%

Operating income

−3.37M USD-46.80%

Net income

−12.73M USD-69.20%
Income trends across reported periods105.61M USD41.12M USD−23.37M USD−87.86M USDRevenue, FY2021: 89.49M USDRevenue, FY2022: 23.33M USDRevenue, FY2024: 71.54K USDRevenue, FY2025: 14.6M USDOperating income, FY2021: −47.58M USDOperating income, FY2022: −4.55M USDOperating income, FY2023: −2.46M USDOperating income, FY2024: −2.3M USDOperating income, FY2025: −3.37M USDNet income, FY2021: −49.19M USDNet income, FY2022: −71.74M USDNet income, FY2023: −17.67M USDNet income, FY2024: −7.53M USDNet income, FY2025: −12.73M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 89.49M USD. Revenue FY2022 23.33M USD. Revenue FY2024 71.54K USD. Revenue FY2025 14.6M USD. Operating income FY2021 −47.58M USD. Operating income FY2022 −4.55M USD. Operating income FY2023 −2.46M USD. Operating income FY2024 −2.3M USD. Operating income FY2025 −3.37M USD. Net income FY2021 −49.19M USD. Net income FY2022 −71.74M USD. Net income FY2023 −17.67M USD. Net income FY2024 −7.53M USD. Net income FY2025 −12.73M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue14.6M USD71.54K USD—23.33M USD89.49M USD
Cost of goods sold12.19M USD442.53K USD380K USD22.92M USD85.78M USD
Gross profit2.41M USD−370.98K USD−380K USD416.88K USD3.71M USD
Research and development———1.4M USD1.68M USD
Selling, general, and administrative5.79M USD1.93M USD2.08M USD4.97M USD49.6M USD
Operating expenses5.79M USD1.93M USD2.08M USD4.97M USD51.29M USD
Interest income216.76K USD156 USD—316 USD108.4K USD
Interest expense262.51K USD261.85K USD39.17K USD72.3K USD85.99K USD
Depreciation and amortization2.26M USD380K USD380K USD58.75K USD2.19M USD
Operating income−3.37M USD−2.3M USD−2.46M USD−4.55M USD−47.58M USD
Net income−12.73M USD−7.53M USD−17.67M USD−71.74M USD−49.19M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
0%
0 beats, 6 misses, 0 met estimates
Average EPS surprise
-104.30%
6 comparable reports
Latest EPS result
-75.22

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates8,062.645,053.212,043.79-965.64Q1 '23MissQ3 '23MissQ1 '24No estimateQ3 '24No estimateQ4 '24No estimateQ3 '25MissQ4 '25No estimateQ2 '26No estimate
Q1 2023, reported Jan 10, 2023: actual -11.48, estimate 7,440, surprise -100.15%, Miss. Q3 2023, reported Jul 27, 2023: actual -3.68, estimate 4,080, surprise -100.09%, Miss. Q1 2024, reported Jan 12, 2024: actual -343, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 1, 2024: actual -39.19, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Oct 30, 2024: actual -8.68, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 15, 2025: actual -47.52, estimate 4,080, surprise -101.16%, Miss. Q4 2025, reported Nov 3, 2025: actual -0.967, estimate —, surprise —, Comparison unavailable. Q2 2026, reported Jun 3, 2026: actual -75.22, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates50.64M33.76M16.88M2.62KQ1 '22BeatQ3 '22BeatQ1 '23MissQ3 '23MissQ4 '24No estimateQ3 '25MissQ4 '25No estimateQ2 '26No estimate
Q1 2022, reported Jan 6, 2022: actual 46.88M USD, estimate 38.43M USD, surprise +22.00%, Beat. Q3 2022, reported Aug 16, 2022: actual 42.6M USD, estimate 41.63M USD, surprise +2.33%, Beat. Q1 2023, reported Jan 10, 2023: actual 16.88M USD, estimate 42.66M USD, surprise -60.43%, Miss. Q3 2023, reported Jul 27, 2023: actual 6.45M USD, estimate 46.21M USD, surprise -86.04%, Miss. Q4 2024, reported Oct 30, 2024: actual 68.45K USD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 15, 2025: actual 3.09K USD, estimate 46.21M USD, surprise -99.99%, Miss. Q4 2025, reported Nov 3, 2025: actual 12.41M USD, estimate —, surprise —, Comparison unavailable. Q2 2026, reported Jun 3, 2026: actual 2.19M USD, estimate —, surprise —, Comparison unavailable.

PAVS news

accessnewswire.com

Paranovus Entertainment Technology Limited Announces 1-For-100 Reverse Share Split

NEW YORK, NY / ACCESS Newswire / June 25, 2026 / Paranovus Entertainment Technology Limited (NASDAQ:PAVS) ("we" or the "Company"), today announced that it will effect a reverse share split of its outstanding Class A…

Read source
prnewswire.com

PAVS Announces Pricing of a $10 Million Registered Direct Offering of Class A Ordinary Shares and Pre-Funded Warrants

/PRNewswire/ -- PAVS (NASDAQ: PAVS) (the "Company"), a consumer products and digital commerce solutions company, today announced that it has entered into a

Read source
globenewswire.com

PAVS Announces Pricing of a $10 Million Registered Direct Offering of Class A Ordinary Shares and Pre-Funded Warrants

NEW YORK, June 15, 2026 (GLOBE NEWSWIRE) -- PAVS (NASDAQ:PAVS) (the "Company"), a consumer products and digital commerce solutions company, today announced that it has entered into a definitive agreement with certain…

Read source
accessnewswire.com

PAVS Announces Termination of the Sales Agreement for its At-the-Market Offering with AC Sunshine Securities

NEW YORK CITY, NY / ACCESS Newswire / June 15, 2026 / PAVS (NASDAQ:PAVS) (the "Company"), a consumer products and digital commerce solutions company, today announced that it and AC Sunshine Securities LLC ("ACSS") have…

Read source
accessnewswire.com

Paranovus Entertainment Technology Limited Signs Non-Binding Letter of Intent to Acquire Jabanero Inc.

NEW YORK, NY / ACCESS Newswire / June 15, 2026 / Paranovus Entertainment Technology Ltd. (NASDAQ:PAVS) ("PAVS" or the "Company"), a consumer products and digital commerce solutions company, today announced that it has…

Read source
feeds.benzinga.com

Paranovus Entertainment Technology (PAVS) Stock Is Trending Overnight — Here's Why It Spiked Over 15% In After-Hours Session

Paranovus Entertainment Technology shares jumps 15.66% after hours following equity sales agreement and at-the-market filing announcement.

Read source

Corporate actions

Corporate action history

Dividend

Ex-dividend Aug 7, 2020

$0.015

Special

Record Aug 10, 2020 · Payment Aug 17, 2020

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