Spruce Power (SPRU)
Owns and maintains home solar systems while managing customer contracts and third-party portfolios.
$2.08
vs last close+0.04 (+1.96%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 23 | 16 | 18 | 22 | 21 | 20 | 24 | 33 | 31 | 24 | 23 | 30 |
| Cost of revenue | 10 | 12 | 9 | 10 | 10 | 11 | 11 | 9 | 9 | 9 | 8 | 10 |
| Gross profit | 13 | 4 | 9 | 12 | 12 | 9 | 13 | 24 | 21 | 15 | 15 | 20 |
| 38 | 13 | 13 | 16 | 49 | 15 | 14 | 15 | 13 | 13 | 12 | 11 | |
| Selling, general & administrative | 0 | 12 | 0 | 17 | 0 | 15 | 0 | 15 | 13 | 13 | 12 | 11 |
| Other expenses | 38 | 1 | 13 | −1 | 49 | 0 | 14 | 0 | 0 | 0 | 0 | −1 |
| Operating income | −25 | −9 | −4 | −3 | −37 | −6 | −2 | 9 | 8 | 2 | 3 | 9 |
| 6 | −22 | 1 | −5 | −16 | 1 | −14 | −12 | −9 | −9 | −6 | −6 | |
| Interest income | 0 | 6 | 5 | 5 | 6 | 6 | 5 | 5 | 5 | 5 | 5 | 5 |
| Interest expense | 3 | 11 | 11 | 8 | 11 | 10 | 13 | 13 | 13 | 13 | 12 | 13 |
| Other non-operating income | −26 | −3 | 0 | −2 | −35 | −11 | 0 | −1 | −4 | −4 | −6 | 0 |
| Income before tax | −19 | −30 | −2 | −9 | −54 | −5 | −15 | −3 | −1 | −7 | −3 | 3 |
| Net income from continuing operations | −19 | −30 | −2 | −9 | −54 | −5 | −15 | −3 | −1 | −7 | −3 | 3 |
| Discontinued operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | −19 | −30 | −2 | −9 | −54 | −6 | −15 | −3 | −1 | −7 | −3 | 3 |
| EPS, basic | −$1.11 | −$1.60 | −$0.13 | −$0.46 | −$2.88 | −$0.32 | −$0.84 | −$0.16 | −$0.05 | −$0.38 | −$0.16 | $0.16 |
| EPS, diluted | −$1.11 | −$1.60 | −$0.13 | −$0.46 | −$2.88 | −$0.32 | −$0.84 | −$0.16 | −$0.05 | −$0.38 | −$0.16 | $0.15 |
| Weighted average shares, basic | 17 | 19 | 19 | 19 | 19 | 19 | 18 | 18 | 18 | 18 | 18 | 20 |
| Weighted average shares, diluted | 17 | 19 | 19 | 19 | 19 | 19 | 18 | 18 | 18 | 18 | 18 | 24 |
| EBITDA | 7 | 0 | 1 | 4 | 3 | 10 | 5 | 16 | 21 | 13 | 17 | 17 |
| Depreciation & amortization | 6 | 5 | 5 | 5 | 5 | 6 | 7 | 6 | 9 | 7 | 8 | 8 |
| EBIT | 1 | −5 | −4 | −1 | −2 | 5 | −1 | 10 | 12 | 6 | 9 | 9 |
