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Company profile
Ticker
SPRU
Exchange
Website
CEO
Jonathan J. Ledecky
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Pivotal Investment Corp II, XL Fleet Corp.
SEC CIK
Corporate docs
Subsidiaries
Spruce Holding Company • Spruce Manager, LLC • Spruce Home 2, LLC • Spruce Asset Management, LLC • Spruce Capital & Trading, LLC • Spruce Sequoia, LLC • Spruce Servicing, LLC • Spruce Maple, LLC • Spruce IP Properties, LLC • Spruce Power Pledgor, LLC ...
IRS number
834109918
SPRU stock data
Latest filings (excl ownership)
DFAN14A
Additional proxy materials by non-management
18 Apr 24
PREC14A
Preliminary proxy with contested solicitation
17 Apr 24
8-K
Spruce Power Holding Corporation Announces Leadership Changes
15 Apr 24
10-K
2023 FY
Annual report
8 Apr 24
NT 10-K
Notice of late annual filing
2 Apr 24
8-K
Spruce Power Reports Fourth Quarter and Full-Year 2023 Results
14 Mar 24
8-K
Other Events
22 Jan 24
8-K
Regulation FD Disclosure
24 Nov 23
8-K
Spruce Power Announces Record Revenue in Third Quarter 2023 Earnings Results
13 Nov 23
10-Q
2023 Q3
Quarterly report
13 Nov 23
Transcripts
SPRU
Earnings call transcript
2023 Q4
14 Mar 24
SPRU
Earnings call transcript
2023 Q3
9 Nov 23
SPRU
Earnings call transcript
2023 Q2
10 Aug 23
SPRU
Earnings call transcript
2023 Q1
15 May 23
SPRU
Earnings call transcript
2022 Q4
23 Mar 23
SPRU
Earnings call transcript
2022 Q3
10 Nov 22
SPRU
Earnings call transcript
2022 Q3
9 Nov 22
SPRU
Earnings call transcript
2022 Q2
9 Aug 22
SPRU
Earnings call transcript
2022 Q2
9 Aug 22
SPRU
Earnings call transcript
2022 Q1
10 May 22
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 192.73 mm | 192.73 mm | 192.73 mm | 192.73 mm | 192.73 mm | 192.73 mm |
Cash burn (monthly) | (no burn) | 6.58 mm | 8.17 mm | 4.16 mm | 2.95 mm | 2.41 mm |
Cash used (since last report) | n/a | 44.72 mm | 55.58 mm | 28.30 mm | 20.08 mm | 16.42 mm |
Cash remaining | n/a | 148.01 mm | 137.15 mm | 164.43 mm | 172.65 mm | 176.31 mm |
Runway (months of cash) | n/a | 22.5 | 16.8 | 39.5 | 58.5 | 73.0 |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 65 |
Opened positions | 8 |
Closed positions | 12 |
Increased positions | 18 |
Reduced positions | 10 |
13F shares | Current |
---|---|
Total value | 17.90 bn |
Total shares | 44.74 mm |
Total puts | 800.00 |
Total calls | 71.90 k |
Total put/call ratio | 0.0 |
Largest owners | Shares | Value |
---|---|---|
Pivotal Investment Holdings II | 9.73 mm | $32.22 mm |
Ingka Investments Ventures US B.V. | 6.63 mm | $21.94 mm |
JPM JPMorgan Chase & Co. | 6.18 mm | $4.21 bn |
Vanguard | 4.78 mm | $3.25 bn |
MGG Investment | 3.61 mm | $2.46 bn |
MCQEF Macquarie | 3.44 mm | $2.32 bn |
BLK Blackrock | 1.64 mm | $1.11 bn |
Renaissance Technologies | 1.13 mm | $766.00 k |
Geode Capital Management | 1.10 mm | $749.27 mm |
Cresset Asset Management | 914.64 k | $621.96 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
12 Apr 24 | Ja-Chin Lee | Common Stock | Grant | Acquire A | No | No | 0 | 67,164 | 0.00 | 67,164 |
12 Apr 24 | Christopher M. Hayes | Common Stock | Grant | Acquire A | No | No | 0 | 88,636 | 0.00 | 142,730 |
12 Apr 24 | Christopher M. Hayes | Stock Option Common Stock | Grant | Acquire A | No | No | 3.74 | 295,229 | 1.10 mm | 295,229 |
3 Apr 24 | Jonathan M Norling | Common Stock | Payment of exercise | Dispose F | No | No | 3.64 | 6,099 | 22.20 k | 117,588 |
3 Apr 24 | Sarah Weber Wells | Common Stock | Payment of exercise | Dispose F | No | No | 3.64 | 4,504 | 16.39 k | 96,087 |