Pulling SEC filings + quote and writing the call…
| Fiscal year | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $7.21M | $20.3M | $0.00 | $23.2M | $79.9M | $82.1M | $112M |
| Revenue growth | — | 181.9% | -100.0% | — | 244.3% | 2.8% | 36.2% |
| Gross profit | -$860K | $2.74M | -$696K | — | — | — | — |
| Gross margin | -11.9% | 13.5% | — | — | — | — | — |
| Operating income | -$13.6M | -$15.3M | -$35.1M | -$59.3M | -$36.8M | -$50.4M | $17.9M |
| Operating margin | -188.1% | -75.2% | — | -255.6% | -46.1% | -61.4% | 16.0% |
| Net income | -$14.9M | -$60.6M | $28.8M | -$93.9M | -$65.8M | -$70.5M | -$26.0M |
| Net margin | -206.5% | -298.0% | — | -405.0% | -82.4% | -85.9% | -23.3% |
| EPS (diluted) | -$0.19 | -$0.72 | $0.19 | -$5.27 | -$3.58 | -$3.82 | -$1.44 |
| Fiscal year | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | -$11.6M | -$19.9M | -$48.5M | -$63.5M | -$33.7M | -$41.8M | -$3.53M |
| Capital expenditures | $28.0K | $145K | $3.64M | $0.00 | $499K | $354K | $221K |
| Free cash flow | -$11.6M | -$20.0M | -$52.1M | -$63.5M | -$34.2M | -$42.2M | -$3.75M |
| Fiscal year | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|
| Cash & equivalents | $3.54M | $330M | $352M | $220M | $141M | $72.8M | $54.8M |
| Total assets | $9.25M | $347M | $393M | $827M | $895M | $898M | $837M |
| Total liabilities | $22.9M | $158M | $31.4M | $538M | $680M | $752M | $716M |
| Long-term debt | $1.85M | $98.0K | $0.00 | $474M | $591M | $677M | $463M |
| Shareholders' equity | -$13.7M | $189M | $362M | $289M | $215M | $146M | $121M |
| Retained earnings | -$67.6M | -$128M | -$99.4M | -$193M | -$258M | -$328M | -$354M |
| Shares (wtd avg diluted) | 79.8M | 84.6M | 149M | 17.8M | 18.4M | 18.5M | 18.1M |
Every figure is extracted from SPRUCE POWER HOLDING CORP’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.
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