Frankfurt Stock Exchange · Healthcare
Invest in Paion stock from India
Indian and foreign residents can buy Paion (PA8) shares directly through Paasa.
By Paasa · Updated
Paion at a glance
- Price
- €0.05+€0.00 (0.00%)
- Market cap
- €328.15K
- Day range
- €0.05 – €0.05
- P/E
- -4.43
- Dividend yield
- None
- Volume
- 80.00
- 1 month
- -4.17%
- 6 months
- +41.10%
- YTD
- +130.00%
- 1 year
- +360.00%
- 5 years
- -99.22%
Paion statements, FY2021–FY2022
| Fiscal year | 2022 | 2021 |
|---|---|---|
| Revenue | €33.2M | €7.1M |
| Gross profit | €31.3M | €4.1M |
| Operating income | €1.5M | −€22.1M |
| Net income | −€579.0K | −€21.8M |
| Earnings per share | −€0.08 | −€3.10 |
| EBITDA | €4.3M | −€18.8M |
| Total assets | — | — |
| Total debt | — | — |
| Cash and short-term investments | — | — |
| Shareholders' equity | — | — |
| Operating cash flow | — | — |
| Free cash flow | — | — |
| Capital expenditure | — | — |
Fiscal years as reported, the latest ending 31 Dec 2022. Figures in EUR; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| Curaleaf | CURLF | $11.07 | $2.93B |
| HUTCHMED (China) | HCM | $13.94 | $2.43B |
| Phibro Animal Health | PAHC | $34.45 | $1.40B |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in Paion from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to EUR when you buy.
Step 3
Search PA8 and buy
Find Paion by name or by its ticker, PA8, and place your order.
Why invest in Paion from India
What Paion does
Paion AG operates as a specialized pharmaceutical entity, concentrating its efforts on creating and selling groundbreaking treatments within the realms of anesthesia, intensive care, and critical care medicine. The company places particular importance on quickly-acting sedatives and other hospital-specific items. Paion operates in the Medical - Pharmaceuticals industry within the Healthcare sector.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
Can I buy Paion stock from India?
Yes. Indian residents and NRIs can buy Paion (PA8) shares directly through Paasa. Paion is listed on the Frankfurt Stock Exchange, in the Medical - Pharmaceuticals industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
What tax do I pay in India when I sell Paion shares?
In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the EUR/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.