NaaS Technology Inc. (NAAS)
NASDAQ: NAAS · Real-Time Price · USD
3.500
-0.060 (-1.69%)
At close: Dec 5, 2025, 4:00 PM EST
3.690
+0.190 (5.43%)
After-hours: Dec 5, 2025, 7:50 PM EST
NaaS Technology Income Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
Period Ending | Jun '25 Jun 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 |
| Revenue | 156.29 | 200.98 | 233.36 | 92.81 | 33.45 | 6.16 |
| Revenue Growth (YoY) | -56.33% | -13.88% | 151.43% | 177.45% | 442.80% | - |
| Cost of Revenue | 39.03 | 112.43 | 170.17 | 86.65 | 29.59 | 6.55 |
| Gross Profit | 117.26 | 88.54 | 63.19 | 6.17 | 3.87 | -0.38 |
| Selling, General & Admin | 392.96 | 573.51 | 1,007 | 4,328 | 227.8 | 58.41 |
| Research & Development | 16.82 | 42.07 | 61.61 | 36.56 | 30.25 | 17.64 |
| Other Operating Expenses | -7.66 | -20.93 | -24.08 | -7.32 | -0.14 | - |
| Operating Expenses | 402.11 | 594.65 | 1,045 | 4,357 | 257.91 | 76.06 |
| Operating Income | -284.85 | -506.11 | -981.39 | -4,351 | -254.05 | -76.44 |
| Interest Expense | -32.85 | -38.01 | -31.16 | -10.24 | -1.1 | -0.3 |
| Other Non Operating Income (Expenses) | 142.08 | -1.4 | -117.22 | -3,159 | - | 0.32 |
| EBT Excluding Unusual Items | -175.62 | -545.52 | -1,130 | -7,520 | -255.14 | -76.42 |
| Merger & Restructuring Charges | - | - | - | 1,913 | - | - |
| Gain (Loss) on Sale of Investments | -13.82 | -80.75 | -87.14 | 1.75 | - | - |
| Asset Writedown | -284.86 | -300.92 | -73.82 | -22.04 | - | - |
| Pretax Income | -474.3 | -927.19 | -1,291 | -5,628 | -255.14 | -76.42 |
| Income Tax Expense | -11.96 | -19.15 | 3.31 | 9.86 | 5.32 | 1.47 |
| Earnings From Continuing Operations | -462.34 | -908.04 | -1,294 | -5,637 | -260.46 | -77.9 |
| Earnings From Discontinued Operations | -23.55 | -6.4 | -13.12 | - | - | - |
| Net Income to Company | -485.9 | -914.44 | -1,307 | -5,637 | -260.46 | -77.9 |
| Minority Interest in Earnings | 1.35 | 0.96 | 0.24 | - | - | - |
| Net Income | -484.54 | -913.48 | -1,307 | -5,637 | -260.46 | -77.9 |
| Net Income to Common | -484.54 | -913.48 | -1,307 | -5,637 | -260.46 | -77.9 |
| Shares Outstanding (Basic) | 1 | 1 | 1 | 1 | 1 | 1 |
| Shares Outstanding (Diluted) | 1 | 1 | 1 | 1 | 1 | 1 |
| Shares Change (YoY) | 55.20% | 16.42% | 17.22% | 17.01% | - | - |
| EPS (Basic) | -409.68 | -1111.15 | -1850.69 | -9357.85 | -505.89 | -151.30 |
| EPS (Diluted) | -536.87 | -1127.79 | -1850.69 | -9357.85 | -512.00 | -160.00 |
| Free Cash Flow | - | -179.14 | -573.93 | -603.25 | -219.72 | -56.94 |
| Free Cash Flow Per Share | - | -217.90 | -812.73 | -1001.38 | -426.76 | -110.59 |
| Gross Margin | 75.03% | 44.06% | 27.08% | 6.64% | 11.56% | -6.23% |
| Operating Margin | -182.25% | -251.83% | -420.54% | -4688.02% | -759.41% | -1240.34% |
| Profit Margin | -310.02% | -454.52% | -560.03% | -6073.83% | -778.59% | -1263.95% |
| Free Cash Flow Margin | - | -89.13% | -245.94% | -649.96% | -656.80% | -923.90% |
| EBITDA | -275.52 | -496.38 | -972.52 | -4,351 | -253.99 | - |
| EBITDA Margin | -176.28% | -246.98% | - | - | - | - |
| D&A For EBITDA | 9.33 | 9.73 | 8.87 | 0.38 | 0.06 | - |
| EBIT | -284.85 | -506.11 | -981.39 | -4,351 | -254.05 | -76.44 |
| EBIT Margin | -182.25% | -251.82% | - | - | - | - |
| Advertising Expenses | - | 22.38 | 39.86 | 24.84 | 17.93 | 5.13 |
Source: S&P Capital IQ. Standard template. Financial Sources.