NaaS Technology Inc.NAASEarnings & Financial Report
NaaS Technology Inc. is a leading electric vehicle energy service provider based in China. It delivers one-stop solutions covering charging network operation, software and hardware support for charging station operators, and value-added services such as charging location search and payment for EV owners, serving both enterprise and individual customers across domestic and select overseas markets.
NAAS Q2 FY2024 Key Financial Metrics
Revenue
$25.9M
Gross Profit
$7.5M
Operating Profit
$-37.3M
Net Profit
$-50.0M
Gross Margin
29.2%
Operating Margin
-144.2%
Net Margin
-193.3%
YoY Growth
121.2%
EPS
$-0.02
NaaS Technology Inc. Q2 FY2024 Financial Summary
NaaS Technology Inc. reported revenue of $25.9M (up 121.2% YoY) for Q2 FY2024, with a net profit of $-50.0M (up 18.4% YoY) (-193.3% margin). Cost of goods sold was $18.3M, operating expenses totaled $44.8M.
Key Financial Metrics
| Total Revenue | $25.9M |
|---|---|
| Net Profit | $-50.0M |
| Gross Margin | 29.2% |
| Operating Margin | -144.2% |
| Report Period | Q2 FY2024 |
Income Statement
| Q2 2024 | |
|---|---|
| Revenue | $25.9M |
| YoY Growth | 121.2% |
Balance Sheet
| Q2 2024 | |
|---|---|
| Assets | $180.2M |
| Liabilities | $213.6M |
| Equity | $-33.4M |
Cash Flow
| Q2 2024 | |
|---|---|
| Operating CF | $-25.7M |