Spruce Power
An online B2B marketplace that connects the solar industry with financing opportunities.
| USD | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 182 % | (23 %) | 49 % | 244 % | 3 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | (184 %) | (75 %) | (374 %) | (252 %) | 36 % | 34 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (207 %) | (126 %) | 185 % | (405 %) | (82 %) | (86 %) |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| R&D % of revenue | 40 % | 22 % | 69 % | - | - | - |
Source: Company filings or news article
Spruce Power is a leading private owner and operator of residential distributed energy resources in North America. The company focuses on providing clean energy solutions to homeowners, helping them take control of their power needs with affordable and reliable products. Spruce operates in the residential solar market and serves homeowners looking for sustainable energy options. The business model revolves around offering flexible energy solutions, including battery bundles, system expansions, and extended service agreements. Spruce generates revenue by selling these products and services directly to homeowners and through partnerships with other energy providers. The company is committed to creating a cleaner and more sustainable future by innovating easy access to sustainable energy.
Keywords: residential energy, distributed energy resources, solar market, clean energy, battery solutions, system expansion, service agreements, sustainability, homeowners, North America.
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Investments by Spruce Power
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