Spruce Power Holding Past Earnings Performance
Past criteria checks 0/6
Spruce Power Holding's earnings have been declining at an average annual rate of -33.4%, while the Renewable Energy industry saw earnings growing at 27.3% annually. Revenues have been growing at an average rate of 80.7% per year.
Key information
-33.4%
Earnings growth rate
-21.6%
EPS growth rate
| Renewable Energy Industry Growth | 36.0% |
| Revenue growth rate | 80.7% |
| Return on equity | -29.6% |
| Net Margin | -76.1% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
No updates
Recent updates
No updates
Revenue & Expenses Breakdown
How Spruce Power Holding makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 80 | -61 | 55 | 0 |
| 31 Mar 24 | 80 | -49 | 54 | 0 |
| 31 Dec 23 | 80 | -62 | 56 | 0 |
| 30 Sep 23 | 82 | -60 | 73 | 0 |
| 30 Jun 23 | 64 | -58 | 87 | 0 |
| 31 Mar 23 | 41 | -69 | 81 | 0 |
| 31 Dec 22 | 23 | -54 | 73 | 0 |
| 30 Sep 22 | -2 | -17 | 47 | -7 |
| 30 Jun 22 | -4 | -7 | 33 | -4 |
| 31 Mar 22 | -1 | -9 | 35 | -1 |
| 31 Dec 21 | 0 | 53 | 35 | 0 |
| 30 Sep 21 | 18 | 6 | 35 | 8 |
| 30 Jun 21 | 22 | 11 | 27 | 7 |
| 31 Mar 21 | 20 | 8 | 19 | 5 |
| 31 Dec 20 | 20 | -61 | 14 | 4 |
| 30 Sep 20 | 10 | -26 | 13 | 4 |
| 30 Jun 20 | 6 | -29 | 11 | 3 |
| 31 Mar 20 | 6 | -18 | 10 | 3 |
| 31 Dec 19 | 7 | -15 | 10 | 3 |
| 31 Dec 18 | 10 | -13 | 9 | 2 |
Quality Earnings: XLF0 is currently unprofitable.
Growing Profit Margin: XLF0 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: XLF0 is unprofitable, and losses have increased over the past 5 years at a rate of 33.4% per year.
Accelerating Growth: Unable to compare XLF0's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: XLF0 is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (-60.8%).
Return on Equity
High ROE: XLF0 has a negative Return on Equity (-29.59%), as it is currently unprofitable.