Paranovus Entertainment Technology Past Earnings Performance
Past criteria checks 0/6
Paranovus Entertainment Technology's earnings have been declining at an average annual rate of -53.9%, while the Personal Products industry saw earnings growing at 3.3% annually. Revenues have been declining at an average rate of 12.3% per year.
Key information
-53.9%
Earnings growth rate
-64.8%
EPS growth rate
| Personal Products Industry Growth | 8.7% |
| Revenue growth rate | -12.3% |
| Return on equity | -73.3% |
| Net Margin | -60.9% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Paranovus Entertainment Technology makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 7 | -4 | 3 | 0 |
| 31 Dec 23 | 10 | 2 | 8 | 0 |
| 30 Sep 23 | 88 | -60 | 72 | 1 |
| 30 Jun 23 | 93 | -66 | 68 | 1 |
| 31 Mar 23 | 23 | -4 | 5 | 0 |
| 31 Dec 22 | -27 | 21 | -17 | -1 |
| 30 Sep 22 | 59 | -41 | 37 | 1 |
| 30 Jun 22 | 74 | -45 | 43 | 1 |
| 31 Mar 22 | 21 | -5 | 11 | 0 |
| 31 Dec 21 | 93 | -31 | 37 | 2 |
| 30 Sep 21 | 96 | -12 | 25 | 2 |
| 30 Jun 21 | 84 | -6 | 20 | 2 |
| 31 Mar 21 | 71 | 1 | 15 | 2 |
| 31 Dec 20 | 64 | 4 | 14 | 2 |
| 30 Sep 20 | 56 | 7 | 13 | 2 |
| 30 Jun 20 | 60 | 10 | 13 | 2 |
| 31 Mar 20 | 65 | 13 | 13 | 2 |
| 31 Dec 19 | 64 | 16 | 11 | 2 |
| 30 Sep 19 | 64 | 18 | 9 | 2 |
| 30 Jun 19 | 64 | 19 | 9 | 2 |
| 31 Mar 19 | 64 | 19 | 8 | 2 |
| 31 Dec 18 | 64 | 18 | 8 | 2 |
| 30 Sep 18 | 64 | 18 | 9 | 2 |
| 30 Jun 18 | 63 | 18 | 8 | 2 |
| 31 Mar 18 | 61 | 17 | 7 | 2 |
| 31 Mar 17 | 53 | 15 | 7 | 2 |
Quality Earnings: 2UO is currently unprofitable.
Growing Profit Margin: 2UO is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2UO is unprofitable, and losses have increased over the past 5 years at a rate of 53.9% per year.
Accelerating Growth: Unable to compare 2UO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 2UO is unprofitable, making it difficult to compare its past year earnings growth to the Personal Products industry (-1%).
Return on Equity
High ROE: 2UO has a negative Return on Equity (-73.33%), as it is currently unprofitable.