NaaS Technology Inc. (NAAS) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q4'21 | Q4'20 | Q3'20 | Q2'20 | Q4'17 |
|---|
| Sales/Revenue | 33.3M | 33.3M | 45.24M | 44.45M | 91.69M | 96.24M | 64.36M | 98.94M | 48.62M | 36.16M | 29.45M | 14.09M | 364.46M | 320.03M | 164.99M | 272.16M |
| Revenue Growth % | -63.68% | -65.4% | -29.7% | -55.07% | 88.61% | 166.13% | 118.51% | - | - | - | 109.09% | -96.13% | - | - | - | - |
| Cost of Goods Sold | 1.11M | 1.11M | 17.51M | 19.3M | 61.24M | 71.89M | 47.65M | 70.38M | 29.5M | 30.05M | 22.27M | 11.68M | 155.87M | 162.92M | 141.58M | 129.32M |
| COGS % of Revenue | 3.34% | 3.34% | 38.69% | 43.42% | 66.79% | 74.7% | 74.04% | 71.14% | 60.69% | 83.09% | 75.61% | 82.92% | 42.77% | 50.91% | 85.81% | 47.52% |
| Gross Profit | 32.19M | 32.19M | 27.74M | 25.15M | 30.45M | 24.35M | 16.71M | 28.55M | 19.11M | 6.11M | 7.18M | 2.41M | 208.59M | 157.11M | 23.41M | 142.84M |
| Gross Margin % | 96.66% | 96.66% | 61.31% | 56.58% | 33.21% | 25.3% | 25.96% | 28.86% | 39.31% | 16.91% | 24.39% | 17.08% | 57.23% | 49.09% | 14.19% | 52.48% |
| Gross Profit Growth % | 5.69% | 32.2% | 66.02% | -11.92% | 59.36% | 298.23% | 132.56% | - | - | - | 198.65% | -98.85% | - | - | - | - |
| Operating Expenses | 51.74M | 51.74M | 508.16M | 75.33M | 114.86M | 210.94M | 402.96M | 271.54M | 359.08M | 119.72M | 130.45M | 70.95M | 161.13M | 137.68M | 97.3M | 271.7M |
| OpEx % of Revenue | 155.38% | 155.38% | 1123.15% | 169.47% | 125.27% | 219.19% | 626.11% | 274.46% | 738.63% | 331.07% | 442.88% | 503.66% | 44.21% | 43.02% | 58.97% | 99.83% |
| Selling, General & Admin | 55.86M | 55.86M | 201.55M | 78.37M | 112.87M | 194.21M | 388.89M | 258.71M | 347.9M | 111.89M | 117.61M | 62.91M | 161.13M | 137.68M | 97.3M | 271.7M |
| SG&A % of Revenue | 167.74% | 167.74% | 445.46% | 176.32% | 123.1% | 201.8% | 604.25% | 261.49% | 715.63% | 309.41% | 399.31% | 446.57% | 44.21% | 43.02% | 58.97% | 99.83% |
| Research & Development | 3.76M | 3.76M | 4.37M | 4.92M | 11.27M | 21.52M | 26.62M | 17.42M | 11.18M | 7.83M | 11.2M | 8.07M | 0 | 0 | 0 | 0 |
| R&D % of Revenue | 11.29% | 11.29% | 9.67% | 11.07% | 12.3% | 22.36% | 41.36% | 17.61% | 23% | 21.66% | 38.01% | 57.27% | - | - | - | - |
| Other Operating Expenses | -1000K | -1000K | 1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | 493K | 1000K | -25K | 0 | 0 | 0 | 0 |
| Operating Income | -19.55M | -19.55M | -480.42M | -50.18M | -84.41M | -186.59M | -386.25M | -242.99M | -333.51M | -113.6M | -123.26M | -68.5M | 47.46M | 19.43M | -73.89M | -128.86M |
| Operating Margin % | -58.72% | -58.72% | -1061.84% | -112.89% | -92.05% | -193.89% | -600.16% | -245.6% | -686.02% | -314.16% | -418.49% | -486.27% | 13.02% | 6.07% | -44.78% | -47.35% |
| Operating Income Growth % | 76.83% | 89.52% | -24.38% | 79.35% | 74.69% | -64.25% | -213.36% | - | - | - | -79.94% | -244.32% | - | - | - | - |
| EBITDA | -17.12M | -17.12M | -472.04M | -47.96M | -81.36M | -184.38M | -384.04M | -242.89M | -331.68M | -113.51M | -123.17M | -68.49M | 106.61M | 37.58M | -63.18M | -103.76M |
| EBITDA Margin % | -51.42% | -51.42% | -1043.31% | -107.9% | -88.73% | -191.59% | -596.71% | -245.51% | -682.26% | -313.9% | -418.17% | -486.17% | 29.25% | 11.74% | -38.29% | -38.13% |
| EBITDA Growth % | 78.96% | 90.71% | -22.91% | 80.25% | 75.47% | -62.43% | -211.8% | - | - | - | -79.84% | -164.24% | - | - | - | - |
| D&A (Non-Cash Add-back) | 2.43M | 2.43M | 8.39M | 2.22M | 3.05M | 2.22M | 2.22M | 94.25K | 1.83M | 94.25K | 94.25K | 14.5K | 59.15M | 18.15M | 10.71M | 25.1M |
| EBIT | -26.93M | -26.93M | -562.57M | -50.18M | -89.83M | -186.59M | -384.25M | -242.99M | -331.95M | -99.54M | -123.3M | -68.5M | 19.78M | 39M | -67.67M | -118.09M |
| Net Interest Income | -8.99M | -8.99M | -7.37M | -5.47M | -7.45M | -17.73M | -9.42M | -8.26M | -7.24M | -7.06M | 157K | 383K | -1.86M | -1.9M | -1.83M | -7.02M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 157K | 383K | 3.53M | 3.65M | 4.05M | 3.95M |
| Interest Expense | 0 | 0 | 7.37M | 5.47M | 7.45M | 17.73M | 9.42M | 8.26M | 7.24M | 7.06M | 157K | 0 | 5.39M | 5.55M | 5.88M | 10.97M |
| Other Income/Expense | 59.52M | 59.52M | -4.77M | -18.85M | -60.09M | -38.45M | -108.3M | -129.52M | -5.68M | 6.51M | -12.89M | -427K | -34.99M | 12.61M | 4.82M | -196K |
| Pretax Income | 39.96M | 39.96M | -485.19M | -69.03M | -144.5M | -225.04M | -494.56M | -372.23M | -339.19M | -106.6M | -123.46M | -68.93M | 12.47M | 32.03M | -69.06M | -129.06M |
| Pretax Margin % | 120% | 120% | -1072.39% | -155.31% | -157.59% | -233.84% | -768.43% | -376.24% | -697.71% | -294.79% | -419.15% | -489.31% | 3.42% | 10.01% | -41.86% | -47.42% |
| Income Tax | 0 | 0 | 47.56M | -59.51M | -9.06M | 2.69M | 3.37M | 2.27M | -4.82M | 3.06M | 3.4M | 986K | 11.04M | 4.02M | -11.03M | 8.93M |
| Effective Tax Rate % | 0% | 0% | -9.8% | 86.21% | 6.27% | -1.19% | -0.68% | -0.61% | 1.42% | -2.87% | -2.76% | -1.43% | 88.55% | 12.55% | 15.97% | -6.92% |
| Net Income | 33.04M | 33.04M | -542.93M | -7.68M | -135.47M | -227.4M | -495.73M | -366.86M | -334.67M | -109.66M | -126.86M | -69.91M | 1.43M | 28.01M | -58.03M | -138M |
| Net Margin % | 99.21% | 99.21% | -1200.01% | -17.29% | -147.74% | -236.29% | -770.26% | -370.81% | -688.4% | -303.24% | -430.71% | -496.31% | 0.39% | 8.75% | -35.17% | -50.7% |
| Net Income Growth % | 124.39% | 114.53% | -9.52% | 97.91% | 59.52% | -107.38% | -290.77% | - | - | - | -81.45% | -4995.97% | - | - | - | - |
| Net Income (Continuing) | 39.96M | 39.96M | -532.75M | -9.52M | -135.44M | -227.73M | -497.93M | -374.5M | -334.37M | -109.66M | -126.86M | -69.91M | 1.43M | 28.01M | -58.03M | -138M |
| Discontinued Operations | -1000K | -1000K | -1000K | 1000K | 0 | 0 | -1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | -380K | -380K | 321K | 346K | 12.93M | 3.1M | 3.43M | 5.03M | -317K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -8.00 | -8.00 | -640.00 | -8.96 | -166.40 | -289.92 | -640.00 | -512.00 | -488.00 | -152.00 | -184.00 | -136.00 | 40.40 | 776.00 | -1648.00 | -4104.00 |
| EPS Growth % | 95.19% | 97.24% | 0% | 98.25% | 65.9% | -90.74% | -247.83% | - | - | - | -35.29% | -436.63% | - | - | - | - |
| EPS (Basic) | 26.56 | 26.56 | -640.00 | -8.96 | -166.40 | -289.92 | -640.00 | -512.00 | -488.00 | -152.00 | -184.00 | -136.00 | 40.48 | 784.00 | -1648.00 | -4104.00 |
| Diluted Shares Outstanding | 3.55M | 3.55M | 827.47K | 841.77K | 816.45K | 783.97K | 767.25K | 703K | 689.13K | 686.55K | 704.65K | 508.75K | 35.38K | 35.5K | 35.24K | 33.59K |
| Basic Shares Outstanding | 4.13M | 4.13M | 827.47K | 841.77K | 816.45K | 783.97K | 767.25K | 703K | 689.13K | 686.55K | 704.65K | 508.75K | 35.26K | 35.26K | 35.24K | 33.59K |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |