NaaS Technology (NAAS) Operating Expenses (2016 - 2024)
NaaS Technology (NAAS) reported Operating Expenses of -$70.6 million for Q4 2024, down 20.57% year-over-year from -$88.8 million in Q1 2024, and down 494.49% quarter-over-quarter from -$11.9 million in Q3 2024.
NaaS Technology (NAAS) Operating Expenses (2016 - 2024) Analysis & Trends
NaaS Technology (NAAS) has 9 years of Operating Expenses data on file, last reported at -$70.6 million in Q4 2024.
- Operating Expenses for Q4 2024 came in at -$70.6 million, down 20.57% year-over-year; the trailing twelve-month figure through Dec 2025 was -$82.4 million (up 17.17% YoY), and the FY2025 annual result was -$54.3 million, down 143.26% from the prior year.
- Operating Expenses fell to -$70.6 million in Q4 2024 per NAAS's latest filing, from -$11.9 million in the prior quarter.
- Over five years, Operating Expenses peaked at $24.7 million in Q4 2020 and troughed at -$324.2 million in Q2 2022.
- A 5-year average of -$32.2 million and a median of -$17.1 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses slumped 2339.54% in 2022, then surged 83.47% in 2023.
- A 5-year view of Operating Expenses shows it stood at $24.7 million in 2020, then sank by 145.28% to -$11.2 million in 2021, then sank by 95.88% to -$21.9 million in 2022, then plunged by 167.18% to -$58.5 million in 2023, then decreased by 20.57% to -$70.6 million in 2024.
- Business Quant data shows NAAS's Operating Expenses at -$70.6 million in Q4 2024, -$11.9 million in Q3 2024, and -$17.1 million in Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 27.84 Bn | 27.38 Bn | 1.01 Bn | 697.64 Mn |
| 2 | Williams Sonoma | 24.59 Bn | 23.57 Bn | 1.10 Bn | 627.08 Mn |
| 3 | Ulta Beauty | 20.75 Bn | 20.25 Bn | 1.48 Bn | 1.01 Bn |
| 4 | Dick'S Sporting Goods | 17.81 Bn | 16.45 Bn | 1.77 Bn | 1.57 Bn |
| 5 | Tractor Supply | 15.90 Bn | 15.67 Bn | 1.30 Bn | 941.15 Mn |
| 6 | Best Buy | 15.61 Bn | 13.87 Bn | 2.10 Bn | 1.73 Bn |
| 7 | NaaS Technology | 14.72 Bn | 14.70 Bn | - | - |
| 8 | Five Below | 10.27 Bn | 9.34 Bn | 696.98 Mn | 337.11 Mn |
| 9 | Murphy USA | 10.20 Bn | 10.08 Bn | 3.98 Bn | 279.80 Mn |
| 10 | GameStop | 9.92 Bn | 905.02 Mn | 386.80 Mn | 241.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -70.56 Mn |
| Sep 30, 2024 | -11.87 Mn |
| Jun 30, 2024 | -17.08 Mn |
| Mar 31, 2024 | -29.88 Mn |
| Dec 31, 2023 | -58.52 Mn |
| Sep 30, 2023 | -39.10 Mn |
| Jun 30, 2023 | -53.59 Mn |
| Mar 31, 2023 | -21.81 Mn |
| Dec 31, 2022 | -21.90 Mn |
| Sep 30, 2022 | -15.13 Mn |
| Jun 30, 2022 | -324.20 Mn |
| Mar 31, 2022 | -17.23 Mn |
| Dec 31, 2021 | -11.18 Mn |
| Jun 30, 2021 | -13.29 Mn |
| Mar 31, 2021 | 20.47 Mn |
| Dec 31, 2020 | 24.69 Mn |
| Sep 30, 2020 | 20.28 Mn |
| Jun 30, 2020 | 13.77 Mn |
| Mar 31, 2020 | 13.82 Mn |
| Dec 31, 2019 | 24.70 Mn |