NaaS Technology (NAAS) Operating Expenses (2016 - 2024)

NaaS Technology has disclosed Operating Expenses across 9 years of filings, most recently posting -$70.6 million for Q4 2024.

• In Q4 2024, Operating Expenses fell 20.57% year-over-year to -$70.6 million; the TTM figure through Dec 2025 stood at -$82.4 million (up 17.17% YoY), while the FY2025 annual figure was -$54.3 million, down 143.26% from the prior year.
• Operating Expenses slipped to -$70.6 million in Q4 2024, from -$11.9 million in the prior quarter.
• Over the last five years, Operating Expenses for NAAS reached as high as $24.7 million in Q4 2020 and fell as low as -$324.2 million in Q2 2022.
• The 5-year median for Operating Expenses is -$17.1 million (2024), against an average of -$32.2 million.
• Annual changes were most pronounced in 2022 — Operating Expenses plunged 2339.54% — and 2023, when it surged 83.47%.
• A 5-year view of Operating Expenses shows it stood at $24.7 million in 2020, then tumbled by 145.28% to -$11.2 million in 2021, then tumbled by 95.88% to -$21.9 million in 2022, then slumped by 167.18% to -$58.5 million in 2023, then decreased by 20.57% to -$70.6 million in 2024.
• According to Business Quant data, Operating Expenses over the past three periods registered -$70.6 million, -$11.9 million, and -$17.1 million for Q4 2024, Q3 2024, and Q2 2024 respectively.