NaaS Technology Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue	320.08	92.81	33.45	6.16	0	1,272	969.28	710.99	529.47	406.71
Revenue Growth (YoY)	244.86%	177.45%	442.80%	-	-	31.22%	36.33%	34.28%	30.19%	-
Cost of Revenue	231.32	86.65	29.59	6.55	0	576.53	452.22	363.58	346.67	295.1
Gross Profit	88.76	6.17	3.87	-0.38	0	695.36	517.06	347.41	182.8	111.61
Selling, General & Admin	1,117	2,437	227.8	58.41	15.28	487.75	517.68	276.57	232.29	197.16
Research & Development	63.05	36.56	30.25	17.64	0	0	0	0	0	0
Other Operating Expenses	-24.47	-7.32	-0.14	-0.32	0	0	0	0	0	0
Operating Expenses	1,155	2,467	257.91	75.74	15.28	487.75	517.68	276.57	232.29	197.16
Operating Income	-1,066.37	-2,460.48	-254.05	-76.12	-15.28	207.61	-0.63	70.85	-49.49	-85.55
Interest Expense / Income	32.96	10.28	1.1	0.3	0	33.8	26.59	6.07	0	0
Other Expense / Income	204.28	3,157	-	-	-163.38	-40.91	-32.17	-21.35	-22.09	-14.69
Pretax Income	-1,303.6	-5,627.5	-255.14	-76.42	148.1	214.72	4.95	86.13	-27.4	-70.86
Income Tax	3.79	9.86	5.32	1.47	0	71.76	52.92	32.2	-1.12	-5.69
Net Income	-1,307.39	-5,637.37	-260.46	-77.9	148.1	142.96	-47.97	53.92	-26.29	-65.17
Net Income Growth	-	-	-	-	3.60%	-	-	-	-	-
Shares Outstanding (Basic)	2,260	1,928	113	113	113	114	102	100	100	100
Shares Outstanding (Diluted)	2,260	1,928	113	113	114	116	102	100	100	100
Shares Change	17.22%	1607.96%	0.05%	-1.44%	-1.22%	13.73%	1.89%	-	-	-
EPS (Basic)	-3.10	-1.80	-1.60	-0.50	13.10	12.60	-4.70	5.40	-2.60	-6.50
EPS (Diluted)	-3.10	-1.80	-1.60	-0.50	12.90	12.30	-4.70	5.40	-2.60	-6.50
EPS Growth	-	-	-	-	4.88%	-	-	-	-	-
Free Cash Flow	-	-597.83	-219.72	-56.94	-39.85	314.92	299.78	205.72	128.93	-11.22
Free Cash Flow Per Share	-	-3.10	-19.47	-5.05	-3.52	27.67	29.42	20.57	12.89	-1.12
Gross Margin	27.73%	6.64%	11.56%	-6.23%	-	54.67%	53.34%	48.86%	34.52%	27.44%
Operating Margin	-333.16%	-2650.98%	-759.41%	-1235.16%	-	16.32%	-0.06%	9.96%	-9.35%	-21.04%
Profit Margin	-408.46%	-6073.83%	-778.59%	-1263.95%	-	11.24%	-4.95%	7.58%	-4.96%	-16.02%
Free Cash Flow Margin	-	-644.11%	-656.80%	-923.90%	-	24.76%	30.93%	28.93%	24.35%	-2.76%
Effective Tax Rate	-	-	-	-	-	33.42%	1069.17%	37.39%	-	-
EBITDA	-	-5,617.23	-254.05	-76.12	148.1	306.75	81.25	162.02	64.1	29.47
EBITDA Margin	-	-6052.14%	-759.41%	-1235.16%	-	24.12%	8.38%	22.79%	12.11%	7.24%
Depreciation & Amortization	-	0	0	0	0	58.23	49.71	69.82	91.51	100.32
EBIT	-1,270.64	-5,617.23	-254.05	-76.12	148.1	248.52	31.54	92.2	-27.4	-70.86
EBIT Margin	-396.98%	-6052.14%	-759.41%	-1235.16%	-	19.54%	3.25%	12.97%	-5.18%	-17.42%

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).