Spruce Power Holding Corporation (SPRU)

Spruce Power Holding Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	108.01	82.11	79.86	23.19	-	20.34
Revenue Growth (YoY)	39.22%	2.81%	244.31%	-	-	181.89%
Selling, General & Admin	55.7	56.99	55.4	73.12	35.09	13.59
Other Operating Expenses	41.42	39.97	37.81	9.95	-	17.59
Total Operating Expenses	97.12	96.96	93.22	83.07	35.09	35.63
Operating Income	10.89	-14.86	-13.36	-59.87	-35.09	-15.29
Interest Expense	-55.17	-42.99	-46.75	-5.85	-0.04	-6.37
Interest Income	21.48	22.76	19.53	1.34	-	-
Net Interest Expense	-33.69	-20.23	-27.22	-4.51	-0.04	-6.37
Other Non-Operating Income (Expenses)	0.15	0.54	1.55	6.6	90.76	-37.9
EBT Excluding Unusual Items	-22.66	-34.54	-39.03	-57.79	55.63	-59.57
Restructuring Charges	-	-	-0.72	-	-	-
Impairment of Goodwill	-	-28.76	-	-	-	-
Gain (Loss) on Sale of Assets	1.52	2.5	4.72	0.58	-0.03	-
Asset Writedown	-	-	-	-	-3	-
Legal Settlements	-1.25	-7.38	-27.47	-	-	-
Other Unusual Items	-1.9	-1.9	-	4.53	-	-1.04
Pretax Income	-24.29	-70.08	-62.49	-52.68	52.6	-60.61
Earnings From Continuing Ops.	-24.29	-70.08	-62.49	-52.68	52.6	-60.61
Earnings From Discontinued Ops.	-0.08	0.03	-4.12	-40.11	-23.81	-
Net Income to Company	-24.37	-70.05	-66.61	-92.79	28.79	-60.61
Minority Interest in Earnings	-0.72	-0.44	0.78	-1.14	-	-
Net Income	-25.09	-70.49	-65.83	-93.93	28.79	-60.61
Net Income to Common	-25.09	-70.49	-65.83	-93.93	28.79	-60.61
Shares Outstanding (Basic)	18	18	18	18	17	11
Shares Outstanding (Diluted)	18	18	18	18	19	11
Shares Change (YoY)	-2.67%	0.43%	3.11%	-3.92%	75.62%	5.94%
EPS (Basic)	-1.38	-3.82	-3.58	-5.27	1.66	-5.73
EPS (Diluted)	-1.38	-3.82	-3.58	-5.27	1.52	-5.76
Free Cash Flow	-14.08	-42.17	-34.16	-63.49	-48.49	-20.03
Free Cash Flow Per Share	-0.78	-2.28	-1.86	-3.56	-2.61	-1.89
Profit Margin	-23.23%	-85.85%	-82.43%	-404.98%	-	-297.99%
Free Cash Flow Margin	-13.03%	-51.35%	-42.77%	-273.73%	-	-98.47%
EBITDA	37.09	6.43	8.23	-53.42	-34.13	-14.89
EBITDA Margin	34.34%	7.83%	10.30%	-230.30%	-	-73.20%
D&A For EBITDA	26.2	21.28	21.59	6.46	0.97	0.41
EBIT	10.89	-14.86	-13.36	-59.87	-35.09	-15.29
EBIT Margin	10.08%	-18.09%	-16.73%	-258.14%	-	-75.20%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.

SEC Filings: 10-K · 10-Q