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SPRUCE POWER HOLDING CORP (PIC) Add to portfolio


Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19
Revenues23.215.620.37.2
            Revenue growth48.7%-23.3%181.9% 
Cost of goods sold9.916.317.68.1
Gross profit13.2-0.72.7-0.9
            Gross margin57.1%-4.5%13.5%-11.9%
Selling, general and administrative73.148.513.69.8
Research and development 10.84.42.9
General and administrative 1.0  
EBITA-59.9-58.6-15.3-13.6
            EBITA margin-258.1%-375.4%-75.2%-188.1%
Amortization of intangibles 0.3  
EBIT-59.9-58.9-15.3-13.6
            EBIT margin-258.1%-377.4%-75.2%-188.1%
Pre-tax income-52.728.8-60.6-14.9
Income taxes40.10.00.00.0
            Tax rate 0.0%0.0%0.0%
Earnings from continuing ops-52.728.8-60.6-14.9
Earnings from discontinued ops-40.1   
Net income-92.828.8-60.6-14.9
            Net margin-400.1%184.6%-298.0%-206.5%
 
Diluted EPS($0.37)$0.19($0.72)($0.19)
Shares outstanding (diluted)142.7148.584.679.8
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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