NaaS Technology (NAAS) Non-Current Deffered Revenue (2018 - 2020)

As of Dec 31, 2020, NaaS Technology reported Non-Current Deffered Revenue of $86.4 million, down 16.1% from the prior year.

• Annual Non-Current Deffered Revenue has a four-year compound annual growth rate of -1.2% (years ended Dec 2016 to Dec 2020).
• Across earlier years, Non-Current Deffered Revenue came in at $102.94 million in the year ended Dec 31, 2019 (-29.4%), $145.85 million in the year ended Dec 31, 2018 (+16.7%), $124.93 million in the year ended Dec 31, 2017 (+37.8%) and $90.66 million in the year ended Dec 31, 2016.
• Quarterly Non-Current Deffered Revenue has ranged from $85.06 million in the quarter ended Dec 31, 2020 to $166.19 million in the quarter ended Mar 31, 2018 over the past five years.
• On a year-over-year basis, Non-Current Deffered Revenue has declined for ten consecutive quarters, with an average decline of 17.3% over the last eight quarters.
• Peak year-over-year performance for Non-Current Deffered Revenue in the last five years was growth of 39.4% in the quarter ended Dec 31, 2017, against a decline of 29.9% in the quarter ended Dec 31, 2019 at the low end.
• Per Business Quant, the preceding three quarters came in at $100.66 million (quarter ended Mar 31, 2021), $85.06 million (quarter ended Dec 31, 2020) and $99.7 million (quarter ended Sep 30, 2020).