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6MQ Stock Overview

Embark Technology, Inc. develops autonomous driving software solutions for the truck freight industry in the United States. More details

6MQ fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Risk Analysis

Makes less than USD$1m in revenue ($0)

Has less than 1 year of cash runway

Earnings have declined by 57.4% per year over past 5 years

Shareholders have been diluted in the past year

+ 1 more risk

My Notes

Capture your thoughts, links and company narrative

Embark Technology, Inc. Competitors

CENIT

XTRA:CSH

€64.0m

Serviceware

XTRA:SJJ

€121.8m

msg life ag

HMSE:MSGL

€133.5m

Cliq Digital

XTRA:CLIQ

€28.4m

Price History & Performance

Summary of share price highs, lows and changes for Embark Technology
Historical stock prices
Current Share Price	US$2.58
52 Week High	US$4.44
52 Week Low	US$2.18
Beta	1.58
1 Month Change	0%
3 Month Change	8.40%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-39.72%

Recent updates

Shareholder Returns

	6MQ	DE Software	DE Market
7D	3.2%	-0.4%	-0.1%
1Y	n/a	64.4%	7.4%

Return vs Industry: Insufficient data to determine how 6MQ performed against the German Software industry.

Return vs Market: Insufficient data to determine how 6MQ performed against the German Market.

Price Volatility

Is 6MQ's price volatile compared to industry and market?
6MQ volatility
6MQ Average Weekly Movement	5.6%
Software Industry Average Movement	5.2%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	11.8%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: 6MQ has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine 6MQ's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2016	329	Alex Rodrigues	embarktrucks.com

Embark Technology, Inc. develops autonomous driving software solutions for the truck freight industry in the United States. Its solutions include Embark Driver, an automated driving system software; Embark Universal Interface, an interoperable self-driving stack that works across truck OEM platforms; and Embark Guardian, a cloud-based autonomous fleet management solution that gives carriers control over dispatching and management of their autonomous fleet operations. Embark Technology, Inc. was incorporated in 2016 and is headquartered in San Francisco, California.

Embark Technology, Inc. Fundamentals Summary

How do Embark Technology's earnings and revenue compare to its market cap?
6MQ fundamental statistics
Market cap	€64.16m
Earnings (TTM)	-€135.07m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-0.5x

P/E Ratio

Is 6MQ overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
6MQ income statement (TTM)
Revenue	US$0
Cost of Revenue	US$0
Gross Profit	US$0
Other Expenses	US$147.78m
Earnings	-US$147.78m

Last Reported Earnings

Mar 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-6.06
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	1.3%

How did 6MQ perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2023/08/02 15:58
End of Day Share Price	2023/08/01 00:00
Earnings	2023/03/31
Annual Earnings	2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Embark Technology, Inc. is covered by 5 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Benjamin Kallo	Baird
George Gianarikas	Baird
Christian Wetherbee	Citigroup Inc

Embark Technology DB:6MQ Stock Report