Stocks Consumer discretionary NAAS
NASDAQ · Consumer discretionaryNaaS Technology Inc. (NAAS)
NaaS Technology Inc. reported revenue of $27.5M in fiscal 2024, down 38.9% from a year earlier. It posted a net loss of $125.1M. At December 31, 2024 it held $17.3M in cash. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on April 17, 2026.
Key facts about NaaS Technology Inc.
- Net worth
- NaaS Technology Inc. has a market value (market cap) of $27.6M at the latest share price, and shareholders' equity of -$103.3M on its balance sheet at December 31, 2024. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2024 revenue was $27.5M (-38.9% year on year), with a net loss of $125.1M.
- Cash flow
- In fiscal 2024 operations used $24.5M of cash.
- Latest report
- The latest periodic report (annual report (foreign issuer), 20-F) was filed with the SEC on April 17, 2026 and covers the period to December 31, 2025. Open on SEC EDGAR
What NaaS Technology Inc. does
NaaS Technology Inc. is registered with the SEC under industry code SIC 5990 (Retail-Retail Stores, NEC). Its shares trade on NASDAQ under the ticker NAAS.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2024 | $27.5M | -$125.1M | -$0.05 | n/a |
| 2023 | $45.1M | -$184.1M | -$0.08 | n/a |
| 2022 | $13.5M | -$817.3M | -$0.42 | -$86.7M |
| 2021 | n/a | -$39M | -$0.34 | n/a |
| 2020 | $146.9M | -$20.3M | -$0.18 | -$35.2M |
| 2019 | $219.7M | $21.3M | $0.18 | -$13M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where NAAS ranks in Consumer discretionary
Dividends
It paid out $87.9M in cash dividends.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2017 | n/a | $87.9M | n/a |
Latest SEC filings
What NaaS Technology Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- September 8, 2026Activist stake changed SCHEDULE 13D/A
- August 31, 2026
- August 14, 2026
- August 5, 2026
- July 29, 2026
- July 24, 2026Activist stake changed SCHEDULE 13D/A
- July 22, 2026
- July 17, 2026
- July 9, 2026
- June 29, 2026
Insider trades
What the people running NaaS Technology Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider trades were reported in the last 90 days.
Who owns NAAS
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Newlinks Technology Limited13D, may seek influence with 3 related filers | 51.9% | September 8, 2026 |
| Comane International Group Ltd.13G, passive with 1 related filers | 16.2% | May 13, 2026 |
| Wu Tang global corporation Limited13G, passive with 1 related filers | 9.9% | May 13, 2026 |
| Beijing Zhenwei Qingfeng Economic Management Consulting Partnership (L.P.)13D, may seek influence with 1 related filers | 9.86% | March 19, 2024 |
| Timeswell LLC13G, passive with 1 related filers | 7.25% | May 13, 2025 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 7 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| Citadel Advisors LLC | 12,072 | -2,359 |
| Morgan Stanley | 5,644 | +3,614 |
| Rhumbline Advisers | 349 | 0 |
| UBS Group AG | 171 | -287 |
| IFP Advisors, Inc | 24 | 0 |
| Farther Finance Advisors, LLC | 2 | 0 |
| Group One Trading LLC | 1 | 0 |
Insiders
Questions about NAAS
What does NaaS Technology Inc. do?
NaaS Technology Inc. is a company in the Consumer discretionary sector, listed on NASDAQ as NAAS. Its shares trade on NASDAQ under the ticker NAAS.
What is NaaS Technology Inc.'s net worth?
NaaS Technology Inc. has a market value (market cap) of $27.6M at the latest share price, and shareholders' equity of -$103.3M on its balance sheet at December 31, 2024. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is NaaS Technology Inc. profitable?
No. In fiscal 2024 it reported a net loss of $125.1M on revenue of $27.5M.
How much revenue does NaaS Technology Inc. make?
In fiscal 2024 NaaS Technology Inc. reported revenue of $27.5M. That is 38.9% less than a year earlier.
When did NaaS Technology Inc. last report?
Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on April 17, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the activist stake changed from September 8, 2026.
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Where the numbers come from
Financial figures are the values NaaS Technology Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.