Ellomay Capital vs Spruce Power Holding
Spruce Power Holding is the larger business, with $112m of revenue in fiscal 2025 against $48.4m for Ellomay Capital (2.3 times as much). Spruce Power Holding grew faster (36.2% against 10.6%). Ellomay Capital kept more of each dollar of sales as profit: a net margin of -5.0% against -23.3%.
| Latest fiscal year | Ellomay CapitalELLO, 2025 | Spruce Power HoldingSPRU, 2025 |
|---|---|---|
| Revenue | $48.4m | $112m |
| Revenue growth | 10.6% | 36.2% |
| Net income | −$2.4m | −$26.0m |
| Operating margin | 43.1% | — |
| Net margin | -5.0% | -23.3% |
| Return on equity | -1.7% | -19.8% |
| Free cash flow | −$108m | −$3.8m |
| Cash | $103m | $54.8m |
| Total debt | $52.8m | $696m |
| Debt to equity | 32.0% | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | $1.8m |
| Employees | — | 159 |
| Market value | $273m | $26.0m |
| Price vs our value range | — | — |
| Moat score | — | 14 (Weak) |
| Insider trades, 12 months | 0 buys, 0 sales | 55 buys, 2 sales |