<a href="https://laohu8.com/S/PAVS">Paranovus Entertainment</a> Reports $71.5M Revenue in Internet Services for FY 2025; Marks First-Time Earnings in Segment
Paranovus Entertainment Technology Ltd. has released its financial results for the fiscal year ending March 31, 2025, reporting significant developments in its operations. The company generated $71,542 in revenue from its internet information and advertising services, marking its first recorded revenue in this category. This contrasts with the previous fiscal year ending March 31, 2024, where no revenue was reported. The company also reported a net loss of $7 million from continuing operations and an additional net loss of $1.3 million from discontinued operations for the year ended March 31, 2025. This represents an improvement compared to the previous fiscal year, which saw a total net loss of $9.9 million. The decrease in net loss is notable when compared to the fiscal year ending March 31, 2023, during which the company incurred a net loss of $72.2 million. Paranovus has not disclosed any specific outlook or guidance for future periods in the current report.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Paranovus Entertainment Technology Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001929980-25-000590), on August 04, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.