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Side-by-side financial comparison of HEALTHY CHOICE WELLNESS CORP. (HCWC) and NaaS Technology Inc. (NAAS). Click either name above to swap in a different company.

NaaS Technology Inc. is the larger business by last-quarter revenue ($25.9M vs $18.7M, roughly 1.4× HEALTHY CHOICE WELLNESS CORP.). HEALTHY CHOICE WELLNESS CORP. runs the higher net margin — -8.9% vs -193.3%, a 184.4% gap on every dollar of revenue.

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.

HCWC vs NAAS — Head-to-Head

Bigger by revenue
NAAS
NAAS
1.4× larger
NAAS
$25.9M
$18.7M
HCWC
Higher net margin
HCWC
HCWC
184.4% more per $
HCWC
-8.9%
-193.3%
NAAS

Income Statement — Q4 FY2025 vs Q2 FY2024

Metric
HCWC
HCWC
NAAS
NAAS
Revenue
$18.7M
$25.9M
Net Profit
$-1.7M
$-50.0M
Gross Margin
39.1%
29.2%
Operating Margin
-7.6%
-144.2%
Net Margin
-8.9%
-193.3%
Revenue YoY
121.2%
Net Profit YoY
18.4%
EPS (diluted)
$-0.05
$-0.02

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HCWC
HCWC
NAAS
NAAS
Q4 25
$18.7M
Q3 25
$19.0M
Q2 25
$20.2M
Q1 25
$20.3M
Q3 24
$18.2M
Q2 24
$25.9M
Net Profit
HCWC
HCWC
NAAS
NAAS
Q4 25
$-1.7M
Q3 25
$-1.2M
Q2 25
$-339.4K
Q1 25
$-712.4K
Q3 24
$-2.7M
Q2 24
$-50.0M
Gross Margin
HCWC
HCWC
NAAS
NAAS
Q4 25
39.1%
Q3 25
38.8%
Q2 25
40.1%
Q1 25
38.8%
Q3 24
38.4%
Q2 24
29.2%
Operating Margin
HCWC
HCWC
NAAS
NAAS
Q4 25
-7.6%
Q3 25
-3.2%
Q2 25
-0.2%
Q1 25
-2.0%
Q3 24
-2.0%
Q2 24
-144.2%
Net Margin
HCWC
HCWC
NAAS
NAAS
Q4 25
-8.9%
Q3 25
-6.4%
Q2 25
-1.7%
Q1 25
-3.5%
Q3 24
-14.6%
Q2 24
-193.3%
EPS (diluted)
HCWC
HCWC
NAAS
NAAS
Q4 25
$-0.05
Q3 25
$-0.09
Q2 25
$-0.03
Q1 25
$-0.07
Q3 24
$-0.29
Q2 24
$-0.02

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HCWC
HCWC
NAAS
NAAS
Cash + ST InvestmentsLiquidity on hand
$3.0M
$24.7M
Total DebtLower is stronger
$7.3M
Stockholders' EquityBook value
$7.3M
$-33.4M
Total Assets
$33.5M
$180.2M
Debt / EquityLower = less leverage
1.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HCWC
HCWC
NAAS
NAAS
Q4 25
$3.0M
Q3 25
$3.0M
Q2 25
$4.7M
Q1 25
$1.8M
Q3 24
$1.8M
Q2 24
$24.7M
Total Debt
HCWC
HCWC
NAAS
NAAS
Q4 25
$7.3M
Q3 25
$8.5M
Q2 25
$9.7M
Q1 25
$10.6M
Q3 24
$11.6M
Q2 24
Stockholders' Equity
HCWC
HCWC
NAAS
NAAS
Q4 25
$7.3M
Q3 25
$5.9M
Q2 25
$5.8M
Q1 25
$2.1M
Q3 24
$2.9M
Q2 24
$-33.4M
Total Assets
HCWC
HCWC
NAAS
NAAS
Q4 25
$33.5M
Q3 25
$33.7M
Q2 25
$36.4M
Q1 25
$34.1M
Q3 24
$33.2M
Q2 24
$180.2M
Debt / Equity
HCWC
HCWC
NAAS
NAAS
Q4 25
1.00×
Q3 25
1.43×
Q2 25
1.69×
Q1 25
5.01×
Q3 24
3.95×
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HCWC
HCWC
NAAS
NAAS
Operating Cash FlowLast quarter
$-855.1K
$-25.7M
Free Cash FlowOCF − Capex
$-927.1K
FCF MarginFCF / Revenue
-5.0%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$675.4K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HCWC
HCWC
NAAS
NAAS
Q4 25
$-855.1K
Q3 25
$-308.7K
Q2 25
$1.1M
Q1 25
$1.1M
Q3 24
Q2 24
$-25.7M
Free Cash Flow
HCWC
HCWC
NAAS
NAAS
Q4 25
$-927.1K
Q3 25
$-351.3K
Q2 25
$988.6K
Q1 25
$965.3K
Q3 24
Q2 24
FCF Margin
HCWC
HCWC
NAAS
NAAS
Q4 25
-5.0%
Q3 25
-1.8%
Q2 25
4.9%
Q1 25
4.8%
Q3 24
Q2 24
Capex Intensity
HCWC
HCWC
NAAS
NAAS
Q4 25
0.4%
Q3 25
0.2%
Q2 25
0.4%
Q1 25
0.6%
Q3 24
Q2 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HCWC
HCWC

Retail Grocery$17.1M91%
Food Service Restaurant$1.7M9%

NAAS
NAAS

Segment breakdown not available.

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