NaaS Technology (NAAS) Tax Provisions (2016 - 2024)
NaaS Technology (NAAS) posted quarterly Tax Provisions of -$6.6 million for Q4 2024, down 1293.86% year-on-year from $554574.0 in Q1 2024, and down 178.07% on a QoQ basis from $8.5 million in Q3 2024.
NaaS Technology (NAAS) Tax Provisions (2016 - 2024) Analysis & Trends
NaaS Technology (NAAS) has reported Tax Provisions for 9 consecutive years, with -$6.6 million the latest figure, recorded in Q4 2024.
- Quarterly Tax Provisions fell 1293.86% year-over-year to -$6.6 million in Q4 2024, while the trailing twelve-month figure through Dec 2024 was $2.7 million (up 615.64% YoY) and the FY2024 annual result came in at -$2.6 million, down 592.12% from the prior year.
- Tax Provisions fell to -$6.6 million in Q4 2024 per NAAS's latest filing, from $8.5 million in the prior quarter.
- Over the last five years, Tax Provisions for NAAS reached as high as $8.5 million in Q3 2024 and fell as low as -$6.6 million in Q4 2024.
- A 5-year average of -$98931.4 and a median of -$335000.0 in 2023 frame the typical range for Tax Provisions.
- The largest YoY upside for Tax Provisions was 2945.97% in 2024 against a maximum downside of 1293.86% in 2024.
- Year by year, Tax Provisions stood at $1.7 million in 2020, then sank by 103.02% to -$51145.9 in 2021, then tumbled by 865.86% to -$494000.0 in 2022, then increased by 3.85% to -$475000.0 in 2023, then tumbled by 1293.86% to -$6.6 million in 2024.
- According to Business Quant data, Tax Provisions over the past three periods registered -$6.6 million, $8.5 million, and $1.2 million for Q4 2024, Q3 2024, and Q2 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 32.13 Bn | 31.61 Bn | 1.08 Bn | 50.44 Mn |
| 2 | NaaS Technology | 30.58 Bn | 30.58 Bn | - | - |
| 3 | Williams Sonoma | 28.34 Bn | 27.33 Bn | 1.10 Bn | 118.23 Mn |
| 4 | Ulta Beauty | 23.18 Bn | 22.69 Bn | 1.48 Bn | 117.63 Mn |
| 5 | Best Buy | 18.52 Bn | 16.77 Bn | 2.10 Bn | 102.00 Mn |
| 6 | Dick'S Sporting Goods | 16.59 Bn | 15.24 Bn | 1.77 Bn | 51.69 Mn |
| 7 | MINISO Group Holding | 16.05 Bn | 14.98 Bn | 414.86 Mn | -26.94 Mn |
| 8 | Tractor Supply | 15.89 Bn | 15.66 Bn | 1.30 Bn | 49.80 Mn |
| 9 | Five Below | 12.09 Bn | 11.16 Bn | 696.98 Mn | 78.63 Mn |
| 10 | Murphy USA | 11.42 Bn | 11.30 Bn | -3.64 Bn | 39.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -6.62 Mn |
| Sep 30, 2024 | 8.48 Mn |
| Jun 30, 2024 | 1.25 Mn |
| Mar 31, 2024 | -372,000.00 |
| Dec 31, 2023 | -475,000.00 |
| Sep 30, 2023 | -298,000.00 |
| Jun 30, 2023 | 687,748.15 |
| Mar 31, 2023 | -445,000.00 |
| Dec 31, 2022 | -494,000.00 |
| Sep 30, 2022 | -549,715.29 |
| Jun 30, 2022 | -192,000.00 |
| Mar 31, 2022 | -222,632.79 |
| Dec 31, 2021 | -51,145.94 |
| Jun 30, 2021 | -413,197.80 |
| Dec 31, 2020 | 1.69 Mn |
| Sep 30, 2020 | 592,000.00 |
| Jun 30, 2020 | -1.56 Mn |
| Mar 31, 2020 | -2.79 Mn |
| Dec 31, 2019 | -1.26 Mn |
| Sep 30, 2019 | -3.36 Mn |