NaaS Technology Faces Nasdaq Non-Compliance Notice Over Late Annual Report Filing

NaaS Technology ( (NAAS) ) just unveiled an announcement.

On May 20, 2025, NaaS Technology Inc. received a Notice of Non-Compliance from Nasdaq due to the late filing of its annual report for the fiscal year ended December 31, 2024. This notice does not immediately affect the company’s listing or trading on Nasdaq. NaaS has 60 days to submit a compliance plan and potentially extend the deadline to November 11, 2025. The company is committed to resolving the issue promptly to regain compliance.

Spark’s Take on NAAS Stock

According to Spark, TipRanks’ AI Analyst, NAAS is a Neutral.

NaaS Technology’s overall stock score reflects its high financial risk due to negative equity and profitability challenges, despite strong revenue growth. Technical analysis indicates bearish trends, while valuation metrics underscore potential overvaluation. However, recent earnings call insights reveal positive shifts towards profitability and efficiency, slightly enhancing the outlook.

To see Spark’s full report on NAAS stock, click here.

More about NaaS Technology

NaaS Technology Inc. is the first U.S. listed EV charging service company in China and a subsidiary of Newlinks Technology Limited, a prominent energy digitalization group in China. The company operates as a new energy asset operator, utilizing advanced technology to connect charging supply with demand, enhancing the EV charging experience, and optimizing operations for charging stations and operators.

Average Trading Volume: 598,307

Technical Sentiment Signal: Sell

Current Market Cap: $3.97M

See more data about NAAS stock on TipRanks’ Stock Analysis page.