For the year ending 2025-12-31, SPRU made $111,812K in revenue. -$26,027K in net income. Net profit margin of -23.28%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Revenues | 111,812 | 82,107 | ||
| Cost of revenue-Solar Energy Systems Depreciation | 29,139 | - | ||
| Cost of revenue-Operations And Maintenance | 9,764 | - | ||
| Selling, general and administrative expenses | 55,113 | 58,889 | ||
| Litigation settlements | -1,711 | -7,384 | ||
| Gain on asset disposal, net | 1,855 | 2,504 | ||
| Cost of revenue | - | 39,974 | ||
| Impairment of goodwill | 0 | 28,757 | ||
| Total operating expenses | 93,872 | 132,500 | ||
| Income (loss) from operations | 17,940 | -50,393 | ||
| Interest income | 20,718 | 22,758 | ||
| Interest expense, net | 50,918 | 40,232 | ||
| Change in fair value of warrant liabilities | 0 | -17 | ||
| Change in fair value of interest rate swaps | -12,684 | -2,753 | ||
| Other expense (income) | -699 | 525 | ||
| Net loss from continuing operations | -25,643 | -70,078 | ||
| Net income (loss) from discontinued operations | -64 | 25 | ||
| Net loss | -25,707 | -70,053 | ||
| Less net income attributable to noncontrolling interests | 320 | 436 | ||
| Net loss attributable to stockholders | -26,027 | -70,489 | ||
| Basic EPS | -1.44 | -3.82 | ||
| Diluted EPS | -1.44 | -3.82 | ||
| Basic Average Shares | 18,068,059 | 18,470,926 | ||
| Diluted Average Shares | 18,068,059 | 18,470,926 | ||
SPRUCE POWER HOLDING CORP (SPRU)
SPRUCE POWER HOLDING CORP (SPRU)