Spruce Power Holding Corp financial data

Symbol
SPRU on NYSE
Industry
Electric Services
Location
2000 S Colorado Blvd, Suite 2 825, Denver, CO
State of incorporation
DE
Fiscal year end
December 31
Former names
XL Fleet Corp. (to 11/9/2022), Pivotal Investment Corp II (to 12/22/2020)
Latest financial report
10-K - Q4 2024 - Mar 31, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 291 % -17.2%
Return On Equity -39.4 % -48.2%
Return On Assets -8.22 % -14.8%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 18.1M shares -1.2%
Common Stock, Shares, Outstanding 18.3M shares +0.1%
Entity Public Float 55M USD -45.8%
Common Stock, Value, Issued 14K USD 0%
Weighted Average Number of Shares Outstanding, Basic 18.5M shares +0.43%
Weighted Average Number of Shares Outstanding, Diluted 18.5M shares +0.43%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 82.1M USD +2.82%
Cost of Revenue 37.8M USD +280%
Costs and Expenses 133M USD +13.6%
Operating Income (Loss) -50.4M USD -36.9%
Income Tax Expense (Benefit) 0 USD
Net Income (Loss) Attributable to Parent -70.5M USD -7.08%
Earnings Per Share, Basic -3.82 USD/shares -6.7%
Earnings Per Share, Diluted -3.82 USD/shares -6.7%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 72.8M USD -48.5%
Accounts Receivable, after Allowance for Credit Loss, Current 15M USD +63.4%
Assets, Current 136M USD -32.9%
Property, Plant and Equipment, Net 589M USD +21.6%
Operating Lease, Right-of-Use Asset 4.75M USD -19.9%
Intangible Assets, Net (Excluding Goodwill) 8.96M USD -12.2%
Goodwill 0 USD -100%
Other Assets, Noncurrent 255K USD -0.78%
Assets 898M USD +0.39%
Accounts Payable, Current 987K USD -11.9%
Contract with Customer, Liability, Current 1.19M USD +36%
Liabilities, Current 59.6M USD -16.9%
Contract with Customer, Liability, Noncurrent 2.79M USD +50.2%
Operating Lease, Liability, Noncurrent 4.85M USD -15.4%
Other Liabilities, Noncurrent 3.54M USD +16.2%
Liabilities 752M USD +10.6%
Retained Earnings (Accumulated Deficit) -328M USD -27.3%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 146M USD -31.9%
Liabilities and Equity 898M USD +0.39%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -22.2M USD -169%
Net Cash Provided by (Used in) Financing Activities -6.78M USD -14.6%
Net Cash Provided by (Used in) Investing Activities 5.69M USD
Common Stock, Shares Authorized 350M shares 0%
Common Stock, Shares, Issued 19.4M shares +1.62%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 109M USD -36.9%
Deferred Tax Assets, Valuation Allowance 100M USD +33.6%
Operating Lease, Liability 5.74M USD -16.8%
Payments to Acquire Property, Plant, and Equipment 67K USD +458%
Lessee, Operating Lease, Liability, to be Paid 6.91M USD -18.8%
Operating Lease, Liability, Current 892K USD -23.5%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.21M USD -5.04%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.27M USD -21.6%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.17M USD -27.4%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.26M USD +4.23%
Deferred Tax Assets, Operating Loss Carryforwards 143M USD +25.2%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.4M USD +11%
Operating Lease, Payments 1.97M USD +459%
Additional Paid in Capital 478M USD +0.57%
Amortization of Intangible Assets 1.2M USD -33.3%
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Share-based Payment Arrangement, Expense 2.7M USD -6.9%
Interest Expense 10.9M USD +19.4%