Paranovus Entertainment Technology Ltd.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $14.6M | $71.5K | $0 | $0 | $20.8M | $71.5M | $65.1M | $63.9M |
| Cost of Revenue | $12.2M | $62.5K | $0 | $0 | $20.5M | $53.3M | $34.6M | $31.7M |
| Gross Profit | $2.4M | $9.0K | $0 | $0 | $257.3K | $18.2M | $30.4M | $32.2M |
| Gross Margin | 16.5% | 12.6% | — | — | 1.2% | 25.4% | 46.8% | 50.4% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | $1.4M | $1.7M | $1.7M | $2.4M | $2.2M |
| SG&A Expense | $4.9M | $2.3M | $2.5M | $3.1M | $2.6M | $5.0M | $3.5M | $2.0M |
| Operating Income | $-14.7M | $-6.8M | $-4.3M | $-4.0M | $-11.2M | $1.5M | $15.4M | $21.8M |
| Operating Margin | -100.4% | -9,481.9% | — | — | -53.8% | 2.1% | 23.7% | 34.2% |
| Interest Expense | $262.5K | $261.9K | $39.2K | $0 | $0 | $111.8K | $98.1K | $83.5K |
| Pretax Income | $-14.5M | $-7.0M | $-4.3M | $-4.3M | $-10.2M | $1.7M | $15.5M | $21.9M |
| Income Tax Expense | $1.2M | $0 | $0 | $0 | $696 | $959.4K | $2.8M | $3.2M |
| Net Income | $-12.7M | $-7.9M | $-10.1M | $-71.7M | $-48.8M | $786.4K | $12.7M | $18.7M |
| Net Margin | -87.2% | -11,033.0% | — | — | -235.1% | 1.1% | 19.5% | 29.3% |
| EPS (Basic) | — | — | $0.04 | $-0.70 | $-0.07 | $0.00 | $0.03 | $0.05 |
| EPS (Diluted) | $-8,485.00 | $-11,208.00 | $-14,264.06 | $-0.70 | $-0.07 | $0.00 | $0.03 | $0.05 |
| Shares Outstanding (Basic) | — | — | 85.2M | 102.2M | 728.7M | 470.9M | 429.2M | 414.0M |
| Shares Outstanding (Diluted) | 1.5K | 84.5M | 85.2M | 102.2M | 728.7M | 470.9M | 429.2M | 414.0M |
| Dividends Per Share | — | — | — | — | — | — | — | — |