Who is spruce Power Holding Corporation?

Spruce Power Holding Corporation is an owner and operator of distributed solar energy assets across the United States. The Company provides subscription-based services that make it easy for homeowners to own and maintain rooftop solar and battery storage. The Company also engages in the energy efficiency and solar loan servicing business.

Who is spruce power?

Tomorrow. Spruce Power is a leading owner and operator of distributed solar energy assets across the United States. By offering subscription-based services to over 52,000 customers, Spruce is able to make renewable energy more accessible to everyone.

Should you buy Spruce Power Holding Corp stock?

You should decide whether to buy, sell or hold Spruce Power Holding Corp stock based on a combination of grades, metrics, ratios and U.S. Securities and Exchange Commission (SEC) reports. It's important for investors to do their own due diligence and research. We encourage you to educate yourself for investing independently.

What is Spruce Power's as-a-service offering?

Spruce Power's as-a-service model allows consumers to access new technology without making a significant upfront investment or incurring maintenance costs. Spruce Power is a leading owner and operator of distributed solar energy assets across the United States, owning over 75,,000 home solar assets and contracts.

Does spruce Power Holding Corp have a meaningful p/e?

Spruce Power Holding Corp does not have a meaningful P/E ratio due to negative earnings over the last 12 trailing months. The company's trailing 12-month revenue is $23.2 million with a -284.1% profit margin.

How did spruce power holding perform in 2023?

In 2023, Spruce Power Holding's revenue was $79.86 million, an increase of 244.31% compared to the previous year's $23.19 million. Losses were -$65.83 million, -29.92% less than in 2022.