Embark Technology, Inc.

NasdaqGM:EMBK Stock Report

Market Cap: US$70.2m

Embark Technology Past Earnings Performance

Past criteria checks 0/6

Embark Technology's earnings have been declining at an average annual rate of -57.4%, while the Software industry saw earnings growing at 17.5% annually.

Key information

-57.4%

Earnings growth rate

-9.9%

EPS growth rate

Software Industry Growth17.3%
Revenue growth raten/a
Return on equity-117.6%
Net Marginn/a
Last Earnings Update31 Mar 2023

Recent past performance updates

Recent updates

Embark Trucks appoints new board chair

Sep 12

Embark Technology GAAP EPS of -$0.03 beats by $0.10

Aug 11

Embark Tech Faces Uncertainties In Push For Autonomous Truck Operations

Jul 11

Embark: Autonomous Trucking On The Horizon

Jan 04

Revenue & Expenses Breakdown

How Embark Technology makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqGM:EMBK Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 230-1487075
31 Dec 220-1037479
30 Sep 220-1459488
30 Jun 220-1288278
31 Mar 220-1346868
31 Dec 210-1244855
30 Sep 210-541332
30 Jun 210-41926
31 Mar 210-25520
31 Dec 200-22419

Quality Earnings: EMBK is currently unprofitable.

Growing Profit Margin: EMBK is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: EMBK is unprofitable, and losses have increased over the past 5 years at a rate of 57.4% per year.

Accelerating Growth: Unable to compare EMBK's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: EMBK is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (11.2%).


Return on Equity

High ROE: EMBK has a negative Return on Equity (-117.57%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/08/03 07:57
End of Day Share Price 2023/08/01 00:00
Earnings2023/03/31
Annual Earnings2022/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

AnalystInstitution
Benjamin KalloBaird
George GianarikasBaird
Christian WetherbeeCitigroup Inc