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Spruce Power Holding Corp

Technology US SPRU

2.65USD
-0.07(2.57%)

Last update at 2026-06-24T20:00:00Z

Day Range

2.652.73
LowHigh

52 Week Range

3.2712.40
LowHigh

Fundamentals

  • Previous Close 2.72
  • Market Cap81.65M
  • Volume26701
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-4.68100M
  • Revenue TTM82.27M
  • Revenue Per Share TTM4.55
  • Gross Profit TTM 13.24M
  • Diluted EPS TTM-3.33

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax -52.67900M 28.79M -25.59100M -14.90100M -
Minority interest -1.14000M - - - -
Net income -46.25700M 28.79M -31.33900M -17.05200M -
Selling general administrative 73.12M 47.44M 13.59M 9.84M -
Selling and marketing expenses - - - - -
Gross profit 13.24M -0.69600M 2.74M -0.86000M -
Reconciled depreciation 6.42M 1.76M 0.62M 0.32M -
Ebit -59.87300M -58.90600M -15.91600M -13.56900M -12.69500M
Ebitda -58.42600M -58.28300M -15.29400M -13.25000M -
Depreciation and amortization 1.45M 0.62M 0.62M 0.32M -
Non operating income net other - - - - -
Operating income -59.87300M -58.90600M -15.29400M -13.56900M -
Other operating expenses 83.07M 74.51M 35.63M 20.78M -
Interest expense 10.06M 0.04M 6.37M 2.15M -
Tax provision - - - - -
Interest income - - - - -
Net interest income -10.06200M -0.03900M -6.37000M -2.15100M -
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense -6.42200M -1.09400M 5.75M 2.15M -
Total revenue 23.19M 15.60M 20.34M 7.21M -
Total operating expenses 73.12M 58.21M 18.04M 12.71M -
Cost of revenue 9.95M 16.30M 17.59M 8.07M -
Total other income expense net 7.19M 87.70M -10.29700M -1.33200M -
Discontinued operations -40.11200M -40.11200M -40.11200M -40.11200M -
Net income from continuing ops -52.67900M 28.79M -25.59100M -14.90100M -
Net income applicable to common shares -93.93100M 28.79M -60.60600M -14.90100M -12.90300M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 826.55M 393.22M 347.01M 9.25M -
Intangible assets - 1.86M 0.59M 0.81M -
Earning assets - - - - -
Other current assets 5.32M 1.04M 1.40M 0.15M 0.23M
Total liab 537.58M 31.41M 14.82M 22.95M -
Total stockholder equity 279.95M 361.81M 332.19M -13.70000M -
Deferred long term liab - - - - -
Other current liab 30.61M 11.16M 3.67M 2.42M 1.51M
Common stock 0.01M 0.01M 0.01M 0.00800M 0.00100M
Capital stock 0.01M 0.01M 0.01M 0.00800M -
Retained earnings -193.34200M -99.41100M -93.18600M -67.59500M -52.68400M
Other liab 1.01M 11.16M 148.94M 5.61M 4.32M
Good will 128.55M 8.61M 0.49M 0.49M -
Other assets 2.01M 0.09M 0.03M 0.03M 0.31M
Cash 220.32M 351.68M 329.64M 3.39M -
Cash and equivalents - - - - -
Total current liabilities 59.70M 16.63M 9.08M 15.49M 7.35M
Current deferred revenue 0.04M 0.69M 0.93M 0.64M -
Net debt 282.69M -347.07800M -329.43300M 10.35M -
Short term debt 26.15M 0.98M 0.11M 11.89M -
Short long term debt 25.31M 0.08M 0.11M 11.89M -
Short long term debt total 503.01M 4.60M 0.21M 13.73M -
Other stockholder equity 473.28M 461.21M 425.36M 53.89M -
Property plant equipment 398.97M 8.06M 0.58M 0.84M 0.67M
Total current assets 274.96M 374.61M 345.32M 7.08M 12.56M
Long term investments - 0.00000M - - -
Net tangible assets 151.40M 351.34M 187.81M -14.99800M -50.15900M
Short term investments - - - - -
Net receivables 8.34M 6.48M 10.56M 1.16M 3.79M
Long term debt 474.44M 0.02M 0.10M 1.85M -
Inventory 40.98M 15.26M 3.57M 2.24M 2.46M
Accounts payable 2.90M 3.80M 4.37M 0.55M 1.64M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - - - - -
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 24.08M 0.09M 0.03M 0.03M -
Deferred long term asset charges - - - - -
Non current assets total 551.60M 18.62M 1.69M 2.17M -
Capital lease obligations 3.26M 4.50M - - -
Long term debt total - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -29.00600M -14.82900M -0.14500M -0.02800M -
Change to liabilities 0.00000M -1.56400M 4.00M -0.97600M 0.35M
Total cashflows from investing activities - -14.82900M -0.14500M -0.02800M -0.14600M
Net borrowings - -0.50200M -6.32700M 9.39M 3.54M
Total cash from financing activities -19.18700M 85.36M 346.28M 9.21M 6.51M
Change to operating activities - 5.04M 1.50M 0.09M 0.81M
Net income -52.67900M 28.79M -25.59100M -14.90100M -12.90300M
Change in cash -111.68200M 22.04M 326.25M -2.37100M -6.92300M
Begin period cash flow 351.83M 329.79M 3.54M 5.91M -
End period cash flow 240.14M 351.83M 329.79M 3.54M 5.91M
Total cash from operating activities -63.48900M -48.49400M -19.88100M -11.55100M -13.29200M
Issuance of capital stock - 0.00000M 144.89M 0.00000M -
Depreciation 6.42M 1.76M 0.62M 0.32M 0.26M
Other cashflows from investing activities - -3.00000M -3.00000M -3.00000M -3.00000M
Dividends paid - 0.00000M 0.00000M -0.01000M 0.01000M
Change to inventory - -10.41500M -1.33400M 0.21M -0.52500M
Change to account receivables 0.55M 7.60M -9.40000M 2.61M -2.09700M
Sale purchase of stock - - - - -
Other cashflows from financing activities -10.27700M 85.86M 219.42M 12.33M -0.06100M
Change to netincome - -79.77400M 40.72M -0.50900M 0.51M
Capital expenditures 0.00000M 3.64M 0.14M 0.03M 0.15M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital 1.43M 0.66M -5.24200M 1.94M -
Stock based compensation 10.00M 7.88M 0.98M 0.21M -
Other non cash items -28.66100M -0.54000M 5.42M 1.68M -
Free cash flow -63.48900M -52.13500M -20.02600M -11.57900M -

Peer Comparison

Sector: Technology Industry: Solar

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
SPRU
Spruce Power Holding Corp
-0.07 2.57% 2.65 - - 0.97 0.33 6.81 -37.2793
FSLR
First Solar Inc
-0.88 0.35% 248.36 13.14 11.49 3.84 2.17 3.54 8.58
ENPH
Enphase Energy Inc
0.60 1.27% 47.82 136.61 18.32 6.79 9.24 6.51 53.17
NXT
Nextracker Inc. Class A Common Stock
-3.97 3.29% 116.67 16.44 12.44 2.71 15.50 2.46 15.56
XISHY
Xinyi Solar Holdings Limited
-0.06 1.14% 5.21 11.55 14.93 0.22 1.24 0.24 1.12

Reports Covered

Stock Research & News

Profile

Spruce Power Holding Corporation owns and operates distributed solar energy assets in the United States. The company provides subscription-based services for homeowners and small businesses to own and maintain rooftop solar and battery storage. It offers its subscription-based services to approximately 72,000 customers. The company is headquartered in Denver, Colorado.

Spruce Power Holding Corp

145 Newton Street, Boston, MA, United States, 02135

Key Executives

Name Title Year Born
Mr. Eric Tech CEO & Director 1963
Mr. Christian S. Fong CFA Pres & Director 1977
Mr. Donald P. Klein CPA Chief Financial Officer 1974
Mr. Mike Kenhard CTO & Gen. Mang., Drivetrain NA
Ms. Stacey S. Constas Gen. Counsel NA
Ms. Sandra Ponichtera VP of People NA
Mr. Chris Goldner Corp. Controller NA
Ms. Colleen Calhoun VP & GM of XL Grid division 1967

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