Paranovus Entertainment Technology annual r&d spending
2018
2019
2020
2021
2022
2023
Paranovus Entertainment Technology R&D Spending Growth & History (PAVS)
Paranovus Entertainment Technology's r&d spending was $1.4M for fiscal 2023.
View full Paranovus Entertainment Technology company overviewParanovus Entertainment Technology annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2023 | 2023-03-31 | $1.4M | −$286,971 | −17.04% |
| 2022 | 2022-03-31 | $1.7M | $23,989 | +1.45% |
| 2021 | 2021-03-31 | $1.7M | −$698,868 | −29.63% |
| 2020 | 2020-03-31 | $2.4M | $197,260 | +9.13% |
| 2019 | 2019-03-31 | $2.2M | $303,890 | +16.36% |
| 2018 | 2018-03-31 | $1.9M | — | — |
Paranovus Entertainment Technology r&d spending trends
Over the last five fiscal years, Paranovus Entertainment Technology's r&d spending decreased from $1.9M to $1.4M, a change of −$460,700.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Paranovus Entertainment Technology source filings ↗