Paranovus Historical Income Statement

PAVS Stock   0.93  0.01  1.09%   
Historical analysis of Paranovus Entertainment income statement accounts such as Total Revenue of 6.2 M, Gross Profit of 8.7 K, Other Operating Expenses of 10.6 M or Research Development of 1.5 M can show how well Paranovus Entertainment Technology performed in making a profits. Evaluating Paranovus Entertainment income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Paranovus Entertainment's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Paranovus Entertainment latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Paranovus Entertainment is a good buy for the upcoming year.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paranovus Entertainment Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

About Paranovus Income Statement Analysis

Paranovus Entertainment Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Paranovus Entertainment shareholders. The income statement also shows Paranovus investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Paranovus Entertainment Income Statement Chart

At this time, Paranovus Entertainment's Depreciation And Amortization is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 4.8 M in 2024, whereas Selling And Marketing Expenses is likely to drop slightly above 36.4 K in 2024.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Total Revenue

Total revenue comprises all receipts Paranovus Entertainment generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Paranovus Entertainment Technology minus its cost of goods sold. It is profit before Paranovus Entertainment operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Net Income Applicable To Common Shares

The net income that remains after preferred dividends have been deducted, available to common shareholders.
Most accounts from Paranovus Entertainment's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Paranovus Entertainment current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paranovus Entertainment Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
At this time, Paranovus Entertainment's Depreciation And Amortization is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 4.8 M in 2024, whereas Selling And Marketing Expenses is likely to drop slightly above 36.4 K in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense86.0K72.3K39.2K37.2K
Depreciation And Amortization2.2M58.8K381.1K712.0K

Paranovus Entertainment income statement Correlations

-0.530.620.360.25-0.410.43-0.49-0.620.17-0.590.450.41-0.490.55-0.42-0.26-0.880.840.59-0.470.25
-0.53-0.64-0.34-0.030.56-0.340.510.63-0.080.63-0.3-0.390.51-0.270.53-0.330.53-0.42-0.110.55-0.29
0.62-0.640.870.48-0.710.86-0.96-0.86-0.22-0.850.810.9-0.960.26-0.95-0.11-0.60.60.34-0.960.83
0.36-0.340.870.75-0.420.98-0.91-0.57-0.15-0.570.951.0-0.91-0.05-0.89-0.41-0.270.370.31-0.920.99
0.25-0.030.480.750.230.84-0.44-0.030.34-0.010.890.74-0.45-0.5-0.39-0.850.080.40.65-0.460.74
-0.410.56-0.71-0.420.23-0.340.760.940.70.95-0.25-0.450.75-0.710.78-0.490.72-0.320.170.74-0.4
0.43-0.340.860.980.84-0.34-0.86-0.54-0.06-0.530.990.98-0.87-0.11-0.83-0.53-0.290.50.48-0.870.96
-0.490.51-0.96-0.91-0.440.76-0.860.850.40.85-0.8-0.921.0-0.310.990.090.56-0.45-0.181.0-0.89
-0.620.63-0.86-0.57-0.030.94-0.540.850.521.0-0.48-0.610.85-0.630.85-0.230.82-0.59-0.160.84-0.53
0.17-0.08-0.22-0.150.340.7-0.060.40.520.550.01-0.140.4-0.440.44-0.420.260.080.380.37-0.2
-0.590.63-0.85-0.57-0.010.95-0.530.851.00.55-0.46-0.610.85-0.620.86-0.250.8-0.57-0.130.84-0.53
0.45-0.30.810.950.89-0.250.99-0.8-0.480.01-0.460.95-0.8-0.17-0.76-0.62-0.270.550.57-0.810.93
0.41-0.390.91.00.74-0.450.98-0.92-0.61-0.14-0.610.95-0.93-0.02-0.9-0.39-0.320.420.33-0.930.98
-0.490.51-0.96-0.91-0.450.75-0.871.00.850.40.85-0.8-0.93-0.30.990.10.56-0.45-0.181.0-0.89
0.55-0.270.26-0.05-0.5-0.71-0.11-0.31-0.63-0.44-0.62-0.17-0.02-0.3-0.290.4-0.840.27-0.18-0.26-0.11
-0.420.53-0.95-0.89-0.390.78-0.830.990.850.440.86-0.76-0.90.99-0.290.00.52-0.38-0.11.0-0.88
-0.26-0.33-0.11-0.41-0.85-0.49-0.530.09-0.23-0.42-0.25-0.62-0.390.10.40.0-0.07-0.41-0.740.08-0.38
-0.880.53-0.6-0.270.080.72-0.290.560.820.260.8-0.27-0.320.56-0.840.52-0.07-0.73-0.320.53-0.18
0.84-0.420.60.370.4-0.320.5-0.45-0.590.08-0.570.550.42-0.450.27-0.38-0.41-0.730.86-0.430.29
0.59-0.110.340.310.650.170.48-0.18-0.160.38-0.130.570.33-0.18-0.18-0.1-0.74-0.320.86-0.170.24
-0.470.55-0.96-0.92-0.460.74-0.871.00.840.370.84-0.81-0.931.0-0.261.00.080.53-0.43-0.17-0.9
0.25-0.290.830.990.74-0.40.96-0.89-0.53-0.2-0.530.930.98-0.89-0.11-0.88-0.38-0.180.290.24-0.9
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Paranovus Entertainment Account Relationship Matchups

Paranovus Entertainment income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization690.7K880.9K2.2M58.8K381.1K712.0K
Interest Expense98.1K111.8K86.0K72.3K39.2K37.2K
Selling General Administrative3.5M5.0M9.1M9.5M2.8M4.8M
Selling And Marketing Expenses9.2M10.0M40.5M54.7M38.3K36.4K
Total Revenue65.1M71.5M89.5M98.2M6.5M6.2M
Gross Profit30.4M18.2M3.7M5.1M9.1K8.7K
Other Operating Expenses49.7M70.0M137.1M158.7M11.2M10.6M
Operating Income15.4M1.5M(57.9M)(68.4M)(4.6M)(4.9M)
Ebit15.6M1.5M(13.3M)(4.5M)(3.8M)(3.6M)
Research Development2.4M1.7M1.7M1.4M1.3M1.5M
Ebitda16.3M2.4M(11.1M)(4.5M)(3.4M)(3.2M)
Cost Of Revenue34.6M53.3M85.8M93.1M6.5M6.2M
Total Operating Expenses15.0M16.6M51.3M65.6M4.6M4.4M
Income Before Tax15.5M1.7M(57.7M)(68.7M)(3.8M)(4.0M)
Total Other Income Expense Net156.6K125.6K965.7K22.0K831.5K873.1K
Net Income12.7M786.4K(49.2M)(71.7M)(10.1M)(10.6M)
Income Tax Expense2.8M959.4K(3.7M)3.5M13.9M14.6M
Net Interest Income(23.2K)20.1K22.4K(40.4K)(38.8K)(36.9K)
Interest Income74.9K131.9K108.4K31.9K345.0327.75
Net Income From Continuing Ops12.7M692.0K(54.0M)(72.2M)(3.8M)(4.0M)
Reconciled Depreciation690.7K880.9K2.2M3.4M381.1K362.1K

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Additional Tools for Paranovus Stock Analysis

When running Paranovus Entertainment's price analysis, check to measure Paranovus Entertainment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Paranovus Entertainment is operating at the current time. Most of Paranovus Entertainment's value examination focuses on studying past and present price action to predict the probability of Paranovus Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paranovus Entertainment's price. Additionally, you may evaluate how the addition of Paranovus Entertainment to your portfolios can decrease your overall portfolio volatility.