Aterian vs Naas Technology
Aterian is the larger business, with $69.0m of revenue in fiscal 2025 against $17.4m for Naas Technology (4.0 times as much). Aterian grew faster (-30.4% against -37.7%). Aterian kept more of each dollar of sales as profit: a net margin of -27.5% against -350.8%.
| Latest fiscal year | AterianATER, 2025 | Naas TechnologyNAAS, 2025 |
|---|---|---|
| Revenue | $69.0m | $17.4m |
| Revenue growth | -30.4% | -37.7% |
| Net income | −$19.0m | −$61.1m |
| Operating margin | -26.1% | -212.4% |
| Net margin | -27.5% | -350.8% |
| Return on equity | -83.9% | — |
| Free cash flow | −$10.9m | $74,026 |
| Cash | $4.9m | $11.6m |
| Total debt | $4.3m | $83.3m |
| Debt to equity | 28.0% | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | — | — |
| Market value | $8.8m | $7.4m |
| Price vs our value range | — | — |
| Moat score | 25 (Weak) | — |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 0 sales |