Thomas J. Cimino
The Board of Directors of the Company has appointed Mr. Cimino as the Company’s Interim Chief Financial Officer to serve as the Company’s principal financial officer and principal accounting officer effective June 5, 2025.
Highest-materiality recent filing
Spruce Power Q1 2026: Operating income $3.8M vs ($1.7M) loss YoY, cash $85.6M
Revenue $23.4M flat YoY; net loss narrowed to $2.9M ($0.16/sh) from $15.3M ($0.84/sh).
Spruce Power reports record 2025: operating income $17.9M, Op EBITDA $80.1M up 49%
Q4 revenue $24.0M (+19% YoY); full-year revenue up 36%; net loss $6.9M in Q4, $26.0M in FY.
Spruce Power appoints Thomas Cimino as permanent CFO, effective immediately
Thomas Cimino appointed permanent CFO effective December 1, 2025; had served as interim since June 2025.
Spruce Power Q3 revenue $30.7M (+44% YoY); Operating EBITDA $26.2M (+48%)
Revenue $30.7M (+44% YoY); Operating EBITDA $26.2M (+48% YoY).
Spruce Power cuts 19% of workforce, closes Denver office for $20M annual savings
Reduction in force of ~40 employees/contractors (19% of workforce); one-time severance charge ~$1M in Q3 2025.
Spruce Power Q2 revenue up 48% to $33.2M, net loss narrows to $3.0M
Revenue $33.2M (+48% YoY); Operating EBITDA $24.6M (+71%). Net loss narrowed to $3.0M ($0.16 loss per share).
The Board of Directors of the Company has appointed Mr. Cimino as the Company’s Interim Chief Financial Officer to serve as the Company’s principal financial officer and principal accounting officer effective June 5, 2025.
Max materiality 0.80 · Median 0.55 · Most common event earnings