NaaS Technology (NAAS) Operating Expenses (2016 - 2024)
NaaS Technology's (NAAS) quarterly Operating Expenses came in at -$70.6 million in 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.
Analysis
NaaS Technology (NAAS) Operating Expenses (2016 - 2024) Analysis & Trends
NaaS Technology (NAAS) has reported Operating Expenses for 9 consecutive years, with -$70.6 million the latest figure, recorded in Q4 2024.
- On a quarterly basis, Operating Expenses fell 20.57% year-over-year to -$70.6 million in Q4 2024; TTM through Dec 2024 was -$129.4 million, a 25.22% increase from a year earlier, with the FY2025 full-year figure at -$54.3 million, up 56.74% from the prior year.
- Operating Expenses was -$70.6 million for Q4 2024 at NaaS Technology, down 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.
- Across the five-year window, Operating Expenses tumbled 2339.54% in 2022 and jumped 83.47% in 2023, its largest moves.
- Over 5 years, Operating Expenses stood at $24.7 million in 2020, then slumped by 145.28% to -$11.2 million in 2021, then slumped by 95.88% to -$21.9 million in 2022, then sank by 167.18% to -$58.5 million in 2023, then retreated by 20.57% to -$70.6 million in 2024.
- The last three Operating Expenses figures came in at -$70.6 million (Q4 2024), -$11.9 million (Q3 2024), and -$17.1 million (Q2 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | NaaS Technology | 734.99 Mn | 723.65 Mn | - | - |
| 2 | Ads-Tec Energy Public | 665.45 Mn | 665.45 Mn | -18.95 Mn | -48,057.54 |
| 3 | Wallbox | 488.56 Mn | 477.41 Mn | - | - |
| 4 | ChargePoint Holdings | 234.80 Mn | 139.07 Mn | 42.30 Mn | 76.36 Mn |
| 5 | EVgo | 186.93 Mn | 3.43 Mn | 7.34 Mn | 47.49 Mn |
| 6 | Ozop Energy Solutions | 87.60 Mn | 87.33 Mn | - | - |
| 7 | Blink Charging | 77.90 Mn | 43.90 Mn | 8.44 Mn | 14.67 Mn |
| 8 | Pioneer Power Solutions | 32.84 Mn | 22.18 Mn | - | - |
| 9 | Beam Global | 30.48 Mn | 29.45 Mn | 1.53 Mn | - |
| 10 | Xchg | 11.08 Mn | -11,385.37 Bn | - | - |
Historic Data
Download Data
Historic 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 |