NASDAQ · NAAS

NaaS Technology financials

$3.30+2.22%
Close Sep 29, 2026 · split-adjusted

Revenue

Net income

Income statement & cash flow

Fiscal yearFY25
Dec 31
FY24
Dec 31
FY23
Dec 31
FY22
Dec 31
Revenue$17.9M$27.5M$33.0M$13.5M
Gross profit$15.4M$12.1M$8.9M$894.0K
Gross margin85.9%44.1%27.1%6.6%
Operating income-$38.9M-$113.4M-$152.5M-$356.7M
Net income-$62.7M-$125.2M-$184.6M-$817.3M
Net margin−350.8%−454.5%−560.0%−6073.8%
Diluted EPS$-0.01$-0.05$-0.08$-1.69
EBITDA-$26.7M-$70.9M-$140.8M-$353.5M
Operating cash flow$76.0K-$24.5M-$80.2M-$85.0M
Free cash flow$76.0K-$24.5M-$81.1M-$87.5M
Diluted shares9,734.3M2,630.8M2,259.8M481.9M

Balance sheet

Period endDec 31Dec 31Dec 31Dec 31
Cash & equivalents$11.6M$17.3M$61.6M$74.4M
Short-term investments$184.5K$6.2K$9.9M$0.00
Total debt$86.4M$146.0M$146.2M$72.9M
Total assets$44.7M$89.1M$207.0M$160.3M
Total liabilities$172.3M$192.5M$213.1M$96.7M
Shareholders' equity-$127.6M-$103.3M-$6.2M$63.6M

From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.

Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology