For the quarter ending 2025-09-30, SPRU made $30,727,000 in revenue. -$860,000 in net income. Net profit margin of -2.80%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Revenues | 30,727,000 | 33,239,000 | 23,818,000 | 19,124,000 |
| Cost of revenue-Solar Energy Systems Depreciation | 7,490,000 | 7,291,000 | - | - |
| Cost of revenue | - | - | 11,181,000 | 9,993,500 |
| Cost of revenue-Operations And Maintenance | 1,847,000 | 2,137,000 | - | - |
| Selling, general and administrative expenses | 12,942,000 | 15,099,000 | 14,100,000 | 14,333,500 |
| Litigation settlements | -373,000 | -135,000 | -566,000 | -59,666.667 |
| Gain on asset disposal, net | 409,000 | 325,000 | 335,000 | 451,000 |
| Impairment of goodwill | 0 | - | - | 0 |
| Total operating expenses | 22,243,000 | 24,337,000 | 25,512,000 | 24,061,000 |
| Income (loss) from operations | 8,484,000 | 8,902,000 | -1,694,000 | -4,937,000 |
| Interest income | 5,191,000 | 5,174,000 | 5,267,000 | 5,618,000 |
| Interest expense, net | 12,815,000 | 12,820,000 | 12,667,000 | 10,637,000 |
| Change in fair value of interest rate swaps | -1,573,000 | -4,128,000 | -6,237,000 | 5,904,500 |
| Change in fair value of warrant liabilities | - | - | - | -4,500 |
| Other income, net | 36,000 | 19,000 | 21,000 | 179,000 |
| Net loss from continuing operations | -677,000 | -2,853,000 | -15,310,000 | -3,868,000 |
| Net income (loss) from discontinued operations | -37,000 | -14,000 | -4,000 | -95,000 |
| Net loss | -714,000 | -2,867,000 | -15,314,000 | -3,963,000 |
| Less net income (loss) attributable to noncontrolling interests | 146,000 | 99,000 | 24,000 | 228,000 |
| Net loss attributable to stockholders | -860,000 | -2,966,000 | -15,338,000 | -4,191,000 |
| Net loss attributable to stockholders per share, basic (in dollars per share) | -0.05 | -0.17 | -0.84 | -0.245 |
| Net loss attributable to stockholders per share, diluted (in dollars per share) | -0.05 | -0.17 | -0.84 | -0.245 |
| Weighted average shares outstanding, basic (in shares) | 17,999,083 | 17,917,611 | 18,187,637 | -9,683,521.5 |
| Weighted average shares outstanding, diluted (in shares) | 17,999,083 | 17,917,611 | 18,187,637 | -9,683,521.5 |
SPRUCE POWER HOLDING CORP (SPRU)
SPRUCE POWER HOLDING CORP (SPRU)