NaaS Technology (NAAS) Invested Capital (2016 - 2025)

NaaS Technology has disclosed Invested Capital across 10 years of filings, most recently posting -$43.7 million for Q4 2025.

• In Q4 2025, Invested Capital fell 492.82% year-over-year to -$43.7 million; the TTM figure through Dec 2025 stood at -$43.7 million (down 492.82% YoY), while the FY2025 annual figure was -$43.7 million, down 441.51% from the prior year.
• Invested Capital grew to -$43.7 million in Q4 2025, from -$87.8 million in the prior quarter.
• Over the last five years, Invested Capital for NAAS reached as high as $141.8 million in Q4 2023 and fell as low as -$87.8 million in Q2 2025.
• The 5-year median for Invested Capital is $17.2 million (2023), against an average of $25.3 million.
• Annual changes were most pronounced in 2022 — Invested Capital surged 2827.25% — and 2025, when it sank 492.82%.
• A 5-year view of Invested Capital shows it stood at $4.6 million in 2021, then surged by 2827.25% to $134.8 million in 2022, then rose by 5.17% to $141.8 million in 2023, then tumbled by 92.15% to $11.1 million in 2024, then slumped by 492.82% to -$43.7 million in 2025.
• According to Business Quant data, Invested Capital over the past three periods registered -$43.7 million, -$87.8 million, and $11.1 million for Q4 2025, Q2 2025, and Q4 2024 respectively.