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PACV Pacific Ventures

Pacific Ventures was incorporated under the laws of the State of Delaware on October 3, 1986, under the name AOA Corporation. On November 12, 1991, the Company changed its name to American Eagle Group Inc. On October 22, 2012, the Company changed its name to Pacific Ventures Group Inc.

Company profile

Ticker
PACV, PACVD
Exchange
CEO
Shannon Masjedi
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
AMERICAN EAGLE GROUP INC
SEC CIK
IRS number
752100622

PACV stock data

(
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Calendar

24 May 21
2 Aug 21
31 Dec 21
Quarter (USD)
Mar 21 Dec 20 Sep 20 Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
Dec 20 Dec 19 Dec 18 Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 483.19K 483.19K 483.19K 483.19K 483.19K
Cash burn (monthly) (positive/no burn) 390.1K 357.3K 187.75K 217.16K
Cash used (since last report) n/a 1.6M 1.46M 769.68K 890.25K
Cash remaining n/a -1.12M -981.61K -286.49K -407.07K
Runway (months of cash) n/a -2.9 -2.7 -1.5 -1.9

Beta Read what these cash burn values mean

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

13F holders
Current Prev Q Change
Total holders 0 0
Opened positions 0 0
Closed positions 0 0
Increased positions 0 0
Reduced positions 0 0
13F shares
Current Prev Q Change
Total value 0 0
Total shares 0 0
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners
Shares Value Change
Largest transactions
Shares Bought/sold Change

Financial report summary

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Management Discussion
  • Revenues — The Company recorded $7,260,826 sales revenue for the three months ended March 31, 2021 as compared to $6,700,108 for the same period of March 31, 2020. The Company had $1,284,751 inventory of saleable merchandise as of March 31, 2021 as compared to $1,216,562 for the period ending March 31, 2020.
  • Operating Expenses — Total operating expenses for the three months ended March 31, 2021 was $1,599,483 as compared to $1,415,686 in the same period in, 2020, due to increased operating activities during the period ended March 31, 2021, and an increase in salaries and wages.
  • Selling, General and Administrative Expenses — Selling, general and administrative expenses for the three months ended March 31, 2021 increased by $131,041 to $1,104,861 from $973,820 in the same period in 2020, which was due to an increase in various expenses and business expansion.
Content analysis
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