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SPRB

Spruce Biosciences Inc

$0.7

Earnings Summary

Revenue
$2.89Mn
Net Profits
$-9.95Mn
Net Profit Margins
-344.65%

Highlights

Revenue:

Spruce Biosciences Inc’s revenue jumped +Inf% since last year same period to $2.89Mn in the Q4 2023. On a quarterly growth basis, Spruce Biosciences Inc has generated -6.05% fall in its revenue since last 3-months.

Net Profits:

Spruce Biosciences Inc’s net profit jumped 2.42% since last year same period to $-9.95Mn in the Q4 2023. On a quarterly growth basis, Spruce Biosciences Inc has generated 19.46% jump in its net profits since last 3-months.

Net Profit Margins:

Spruce Biosciences Inc’s net profit margin jumped NaN% since last year same period to -344.65% in the Q4 2023. On a quarterly growth basis, Spruce Biosciences Inc has generated 14.27% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Spruce Biosciences Inc post its latest quarter earnings

EPS Estimate Current Quarter
-0.29
EPS Estimate Current Year
-0.29

Highlights

EPS Estimate Current Quarter:

Spruce Biosciences Inc’s earning per share (EPS) estimates for the current quarter stand at -0.29 - a 25.64% jump from last quarter’s estimates.

EPS Estimate Current Year:

Spruce Biosciences Inc’s earning per share (EPS) estimates for the current year stand at -0.29.

Key Ratios

Key ratios of the Spruce Biosciences Inc post its Q4 2023 earnings

Earning Per Share (EPS)
-0.24
Return on Assets (ROA)
-0.34
Return on Equity (ROE)
-0.66

Highlights

Earning Per Share (EPS):

Spruce Biosciences Inc’s earning per share (EPS) jumped 48.94% since last year same period to -0.24 in the Q4 2023. This indicates that the Spruce Biosciences Inc has generated 48.94% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Spruce Biosciences Inc’s return on assets (ROA) stands at -0.34.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Spruce Biosciences Inc’s return on equity (ROE) stands at -0.66.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2023-08-14
-0.39
-0.32
17.95%
2024-03-18
-0.39
-0.24
38.46%
2023-05-15
-0.36
-0.4
-11.11%
2023-11-13
-0.35
-0.3
14.29%