Paranovus Entertainment Technology Ltd. income statement

In fiscal 2026, Paranovus Entertainment Technology Ltd. reported revenue of $14.6m, up 20310.9% on the year before, operating income of −$14.7m (a -100.4% margin) and net income of −$12.7m, or −$8485.00 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Paranovus Entertainment Technology Ltd.: income statement, annual
Fiscal year	2018Mar 2018	2019Mar 2019	2020Mar 2020	2021Mar 2021	2022Mar 2022	2023Mar 2023	2024Mar 2024	2025Mar 2025	2026Mar 2026
Revenue	61	64	65	71	21	0	0	0	15
Cost of revenue	32	32	35	53	21	0	0	0	12
Gross profit	29	32	30	18	0	0	0	0	2
Research and development	2	2	2	2	2	1	—	—	—
Selling and marketing	6	6	9	10	9	1	0	0	1
General and administrative	1	2	3	5	3	3	2	2	5
Operating income	20	22	15	2	−11	−4	−4	−7	−15
Interest expense	0	0	0	0	0	0	0	0	0
Income before tax	20	22	16	2	−10	−4	−4	−7	−14
Income tax	3	3	3	1	0	0	0	0	1
Net income	17	19	13	1	−49	−72	−10	−8	−13
Diluted EPS	$0.76	$0.81	$0.53	$0.03	−$1.22	−$12.63	−$256753.00	−$11208.00	−$8485.00
Diluted shares (average)	23m	23m	24m	26m	40m	6m	—	—	—
EBITDA	20	23	16	2	−11	−4	−4	−6	−13

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Paranovus Entertainment Technology Ltd.'s SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Paranovus Entertainment Technology Ltd.