Spruce Power Holding (SPRU) Accumulated Expenses (2020 - 2022)

Spruce Power Holding (SPRU) posted quarterly Accumulated Expenses of $8.1 million for Q1 2022, down 31.32% on a QoQ basis from $11.9 million in Q4 2021.

Spruce Power Holding (SPRU) Accumulated Expenses (2020 - 2022) Analysis & Trends

Spruce Power Holding (SPRU) has reported Accumulated Expenses for 3 consecutive years, with $8.1 million the latest figure, recorded in Q1 2022.

  • Quarterly Accumulated Expenses changed N/A year-over-year to $8.1 million in Q1 2022, while the trailing twelve-month figure through Mar 2022 was $8.1 million (changed N/A YoY) and the FY2021 annual result came in at $11.9 million, up 157.68% from the prior year.
  • Accumulated Expenses slipped to $8.1 million in Q1 2022 per SPRU's latest filing, from $11.9 million in the prior quarter.
  • Over the last five years, Accumulated Expenses for SPRU reached as high as $13.0 million in Q3 2021 and fell as low as $4.6 million in Q4 2020.
  • A 3-year average of $9.7 million and a median of $10.9 million in 2021 frame the typical range for Accumulated Expenses.
  • The largest YoY upside for Accumulated Expenses was 157.68% in 2021 against a maximum downside of 157.68% in 2021.
  • Year by year, Accumulated Expenses stood at $4.6 million in 2020, then soared by 157.68% to $11.9 million in 2021, then tumbled by 31.32% to $8.1 million in 2022.
  • According to Business Quant data, Accumulated Expenses over the past three periods registered $8.1 million, $11.9 million, and $13.0 million for Q1 2022, Q4 2021, and Q3 2021 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn
10 Spruce Power Holding 38.83 Mn -54.32 Mn 16.96 Mn

Historic Data

Download Data
DateValue
Mar 31, 2022 8.14 Mn
Dec 31, 2021 11.86 Mn
Sep 30, 2021 12.95 Mn
Jun 30, 2021 10.92 Mn
Dec 31, 2020 4.60 Mn