Stocktoria
SPRUCE POWER HOLDING CORP SPRU
NYSE · XNYS · stock · Electric Services · website · IPO 2019-07-16
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5/9
Piotroski F — financial health
-2.02
Altman Z″ — distress risk · distress
—
Dividend payout · no dividend
Financials & ratios (annual, from 10-K)
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Financials | |||||
| Revenue | $111.8M | $82.1M | $79.9M | $23.2M | $0 |
| Gross profit | — | — | — | — | -$696,000 |
| Operating income | $17.9M | -$50.4M | -$36.8M | -$59.3M | -$35.1M |
| Net income | -$26.0M | -$70.5M | -$65.8M | -$93.9M | $28.8M |
| Operating cash flow | -$3.5M | -$41.8M | -$33.7M | -$47.7M | -$28.2M |
| Free cash flow | -$3.8M | -$42.2M | -$34.2M | -$47.7M | -$31.8M |
| Total assets | $837.3M | $898.5M | $895.0M | $826.6M | $393.2M |
| Total liabilities | $716.0M | $752.3M | $680.4M | $537.6M | $31.4M |
| Shareholders' equity | $118.8M | $146.2M | $214.7M | $288.9M | $361.8M |
| Ratios | |||||
| Operating margin | 16.0% | -61.4% | -46.1% | -255.6% | — |
| Net margin | -23.3% | -85.9% | -82.4% | -405.0% | — |
| FCF margin | -3.4% | -51.4% | -42.8% | -205.7% | — |
| Return on assets | -3.1% | -7.8% | -7.4% | -11.4% | 7.3% |
| Return on equity | -21.9% | -48.2% | -30.7% | -32.5% | 8.0% |
| Debt / equity | 3.90× | 4.63× | 2.75× | 1.64× | 0.00× |
| Current ratio | 0.49 | 2.29 | 2.84 | 4.61 | 22.52 |
| Revenue growth | 36.2% | 2.8% | 244.3% | — | -100.0% |
Notable holders (13F)
| Investor | Shares | Value |
|---|---|---|
| RENAISSANCE TECHNOLOGIES LLC | 236,233 | $968,555 |
Why these scores methodology →
Piotroski F-score: 5/9
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″: -2.02 (distress)
- Working capital / assets -0.147
- Retained earnings / assets -0.423
- EBIT / assets 0.021
- Equity / liabilities 0.166
Sector peers
VZ · T · CCZ · UPS · TMUS · FDX · all Transportation & Utilities →
Source: SEC EDGAR filings · CIK 0001772720 · as of 2025-12-31. Figures are facts from filings plus Stocktoria's own computed scores — not investment advice.