Non-IFRS net
profit/loss
attributable to the
ordinary shareholders
of the Company (175,718) 21,205 3,022 (385,981) (145,048) (20,669)
------------- ------------- ------------- ------------- ------------- -------------
Basic and diluted
earnings/loss per
share for
Non-IFRS net
profit/loss
attributable to the
ordinary
shareholders of the
Company (Expressed
in RMB per share)
Basic (0.078) 0.008 0.001 (0.174) (0.056) (0.008)
Diluted (0.078) 0.004 0.001 (0.174) (0.056) (0.008)
Basic and diluted
earnings/loss per
ADS for Non-IFRS net
profit/loss
attributable to the
ordinary
shareholders of the
Company (Expressed
in RMB per ADS)
Basic (15.622) 1.574 0.224 (34.792) (11.135) (1.587)
Diluted (15.622) 0.877 0.125 (34.792) (11.135) (1.587)
Weighted average
number of ordinary
shares
outstanding-basic 2,249,586,003 2,693,665,713 2,693,665,713 2,218,815,732 2,605,322,746 2,605,322,746
Weighted average
number of ordinary
shares
outstanding-diluted 2,249,586,003 4,837,957,744 4,837,957,744 2,218,815,732 2,605,322,746 2,605,322,746
NAAS TECHNOLOGY INC.
UNAUDITED RECONCILIATIONS OF IFRS AND NON-IFRS FINANCIAL MEASURES
For the Three Months Ended For the Nine Months Ended
----------------------------- ----------------------------------
September September 30, September 30, September 30,
30, 2023 2024 2023 2024
---------- ----------------- ------------- -------------------
(In thousands) RMB RMB US$ RMB RMB US$
Cost of revenues (70,383) (19,298) (2,750) (120,778) (94,927) (13,527)
Share-based
compensation
expenses 2,853 640 91 6,568 5,689 811
--------- -------- ------- ------------- --------- --------
Non-IFRS cost of
revenues (67,530) (18,658) (2,659) (114,210) (89,238) (12,716)
========= ======== ======= ============= ========= ========
Selling and
marketing
expenses (157,909) (29,697) (4,232) (309,630) (149,359) (21,283)
Share-based
compensation
expenses 36,037 521 74 44,295 24,612 3,507
--------- -------- ------- ------------- --------- --------
Non-IFRS selling
and marketing
expenses (121,872) (29,176) (4,158) (265,335) (124,747) (17,776)
========= ======== ======= ============= ========= ========
Administrative
expenses (100,800) (48,674) (6,936) (407,482) (222,602) (31,721)
Share-based
compensation
expenses 32,165 12,977 1,849 265,654 98,570 14,046
Non-IFRS
administrative
expenses (68,635) (35,697) (5,087) (141,828) (124,032) (17,675)
========= ======== ======= ============= ========= ========
Research and
development
expenses (17,314) (4,920) (701) (36,327) (37,697) (5,372)
Share-based
compensation
expenses (895) 1,396 199 2,831 9,920 1,414
--------- -------- ------- ------------- --------- --------
Non-IFRS research
and development
expenses (18,209) (3,524) (502) (33,496) (27,777) (3,958)
========= ======== ======= ============= ========= ========
Operating loss (242,987) (50,177) (7,150) (690,398) (326,607) (46,541)
Share-based
compensation
expenses 70,160 15,534 2,213 319,348 138,791 19,778
Non-IFRS
operating loss (172,827) (34,643) (4,937) (371,050) (187,816) (26,763)
========= ======== ======= ============= ========= ========
NAAS TECHNOLOGY INC.
SUPPLEMENTARY DATA -- UNAUDITED QUARTERLY FINANCIAL DATA
The following tables present certain unaudited consolidated quarterly financial information for each of the six
quarters in the eighteen months ended June 30, 2024. This quarterly
information has been prepared on the same basis as the Unaudited Consolidated Statements of Loss and Other
Comprehensive Loss and includes all adjustments necessary
to state fairly the information for the periods presented.
For the Three Months Ended
-------------------------------------------------------------------------
March 31, June 30, September 30, December 31, March 31, June 30,
2023 2023 2023 2023 2024 2024
------------- ------------- ------------- ------------- -------------
(In thousands,
except for share and
per share and per
ADS data) RMB RMB RMB RMB RMB RMB
Continuing
operations
Total revenues 36,161 37,278 98,935 60,989 56,259 55,025
Gross profit 6,114 16,930 28,552 11,593 14,556 21,099
Loss from continuing
operations (109,655) (335,136) (374,501) (474,739) (227,109) (138,662)
Profit/(loss) from
discontinued
operations -- 762 9,308 (23,190) (623) 3,219
Net loss (109,655) (334,374) (365,193) (497,929) (227,732) (135,443)
Basic and diluted
loss per share for
loss from continuing
operations
attributable to the
ordinary
shareholders of the
Company (Expressed
in RMB per share)
Basic (0.050) (0.152) (0.166) (0.199) (0.091) (0.053)
Diluted (0.050) (0.152) (0.166) (0.199) (0.091) (0.053)
Basic and diluted
loss per ADS for
loss from continuing
operations
attributable to the
ordinary
shareholders of the
Company (Expressed
in RMB per ADS)
Basic (9.982) (30.339) (33.295) (39.873) (18.106) (10.635)
Diluted (9.982) (30.339) (33.295) (39.873) (18.106) (10.635)
Basic and diluted
loss per share for
loss attributable to
the ordinary
shareholders of the
Company (Expressed
in RMB per share)
Basic (0.050) (0.151) (0.163) (0.208) (0.091) (0.052)
Diluted (0.050) (0.151) (0.163) (0.208) (0.091) (0.052)
Basic and diluted
loss per ADS for
loss attributable to
the ordinary
shareholders of the
Company (Expressed
in RMB per ADS)
Basic (9.982) (30.296) (32.616) (41.636) (18.129) (10.370)
Diluted (9.982) (30.296) (32.616) (41.636) (18.129) (10.370)
Weighted average
number of ordinary
shares
outstanding-basic 2,196,978,125 2,209,304,961 2,249,586,003 2,381,259,279 2,508,694,151 2,612,637,572
Weighted average
number of ordinary
shares
outstanding-diluted 2,196,978,125 2,209,304,961 2,249,586,003 2,381,259,279 2,508,694,151 2,612,637,572
------------- ------------- ------------- ------------- ------------- -------------
NAAS TECHNOLOGY INC.
UNAUDITED RECONCILIATIONS OF IFRS AND NON-IFRS FINANCIAL MEASURES
For the Three Months Ended
-----------------------------------------------------
March 31, June 30, September December March 31, June 30,
2023 2023 30, 2023 31, 2023 2024 2024
--------- --------- --------- --------- --------- ---------------
(In thousands) RMB RMB RMB RMB RMB RMB
Reconciliation
of Non-IFRS net
profit/loss
attributable to
the ordinary
shareholders of
the Company to
Net loss
attributable to
the ordinary
shareholders of
the Company
Net loss
attributable to
the ordinary
shareholders of
the Company (109,655) (334,665) (366,863) (495,730) (227,399) (135,470)
Add:
Share-based
compensation
expenses 20,940 228,248 70,160 79,728 80,316 42,941
Fair value
changes of
convertible
instruments -- -- 120,400 (3,880) 7,790 7
Fair value
changes of
financial
assets at
fair value
through
profit or
loss (13,571) (1,560) 585 102,065 12,928 52,634
--------- --------- --------- --------- --------- ---------
Non-IFRS net
profit/loss
attributable to
the ordinary
shareholders of
the Company (102,286) (107,977) (175,718) (317,817) (126,365) (39,888)
--------- --------- --------- --------- --------- ---------
View original content:https://www.prnewswire.com/news-releases/naas-technology-inc-reports-unaudited-2024-third-quarter-financial-results-302311139.html
SOURCE NaaS Technology Inc.
(END) Dow Jones Newswires
November 20, 2024 04:00 ET (09:00 GMT)
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