Spruce Power Holding Corporation (SPRU)

Spruce Power Holding Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	79.86	23.19	0	20.34	7.22
Revenue Growth (YoY)	244.31%	-	-	181.88%	-24.41%
Cost of Revenue	37.81	9.95	0	17.59	8.08
Gross Profit	42.05	13.25	0	2.74	-0.86
Selling, General & Admin	56.12	73.12	35.09	13.59	9.84
Research & Development	0	0	0	4.45	2.87
Other Operating Expenses	22.74	-0.58	0	0	0
Operating Expenses	78.86	72.54	35.09	18.04	12.71
Operating Income	-36.82	-59.29	-35.09	-15.29	-13.57
Interest Expense / Income	41.94	11.4	0.04	6.37	2.15
Other Expense / Income	-12.92	23.24	-63.92	38.94	-0.82
Pretax Income	-65.83	-93.93	28.79	-60.61	-14.9
Net Income	-65.83	-93.93	28.79	-60.61	-14.9
Shares Outstanding (Basic)	18	18	17	11	10
Shares Outstanding (Diluted)	18	18	19	11	10
Shares Change	3.11%	-3.92%	75.62%	5.94%	678.47%
EPS (Basic)	-3.58	-5.27	1.68	-5.76	-1.52
EPS (Diluted)	-3.58	-5.27	1.52	-5.76	-1.52
Free Cash Flow	-27.86	-61.2	-48.49	-20.03	-11.58
Free Cash Flow Per Share	-1.51	-3.43	-2.80	-1.89	-1.16
Gross Margin	52.65%	57.11%	-	13.49%	-11.92%
Operating Margin	-46.10%	-255.64%	-	-75.20%	-188.07%
Profit Margin	-82.43%	-404.98%	-	-297.99%	-206.53%
Free Cash Flow Margin	-34.89%	-263.86%	-	-98.47%	-160.49%
EBITDA	-2.31	-76.07	28.83	-53.61	-12.43
EBITDA Margin	-2.89%	-327.99%	-	-263.61%	-172.29%
Depreciation & Amortization	21.59	6.46	0	0.62	0.32
EBIT	-23.9	-82.53	28.83	-54.24	-12.75
EBIT Margin	-29.92%	-355.82%	-	-266.67%	-176.72%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).