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Side-by-side financial comparison of NaaS Technology Inc. (NAAS) and Namib Minerals (NAMM). Click either name above to swap in a different company.
Namib Minerals is the larger business by last-quarter revenue ($41.9M vs $25.9M, roughly 1.6× NaaS Technology Inc.).
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.
Namib Minerals is a Namibia-based natural resources firm focused on exploration, development and extraction of high-demand mineral deposits including uranium, copper and lithium. It operates across licensed southern African sites, supplying raw materials to global clean energy, construction and electronics manufacturing sectors.
NAAS vs NAMM — Head-to-Head
Income Statement — Q2 FY2024 vs Q2 FY2025
| Metric | ||
|---|---|---|
| Revenue | $25.9M | $41.9M |
| Net Profit | $-50.0M | — |
| Gross Margin | 29.2% | 45.7% |
| Operating Margin | -144.2% | 29.8% |
| Net Margin | -193.3% | — |
| Revenue YoY | 121.2% | — |
| Net Profit YoY | 18.4% | — |
| EPS (diluted) | $-0.02 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $24.7M | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $-33.4M | — |
| Total Assets | $180.2M | — |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q2 25 | — | — | ||
| Q2 24 | $24.7M | — |
| Q2 25 | — | — | ||
| Q2 24 | $-33.4M | — |
| Q2 25 | — | — | ||
| Q2 24 | $180.2M | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $-25.7M | $11.4M |
| Free Cash FlowOCF − Capex | — | $7.4M |
| FCF MarginFCF / Revenue | — | 17.6% |
| Capex IntensityCapex / Revenue | — | 9.6% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q2 25 | — | $11.4M | ||
| Q2 24 | $-25.7M | — |
| Q2 25 | — | $7.4M | ||
| Q2 24 | — | — |
| Q2 25 | — | 17.6% | ||
| Q2 24 | — | — |
| Q2 25 | — | 9.6% | ||
| Q2 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.