Embark Technology, Inc. develops self-driving software solutions for the trucking industry in the United States. Its solutions include Embark Driver, an autonomous trucking 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 air updates, remote vehicle monitoring, remote vehicle assist, dispatching and access to real time data, such as weather and construction. The company was incorporated in 2016 and is headquartered in San Francisco, California.

Embark Technology, Inc.

Embark develops autonomous driving technology for trucks.

Embark

Embark (Nasdaq: EMBK) is an autonomous vehicle company building software for carriers to enable autonomous trucks within their fleets. We’re on a mission to build a world where consumers pay less for the things they need, drivers stay close to the homes they cherish, and roads are safer for the people we love.

Canada Pension Plan Investment Board

Sequoia Capital

Knight-Swift Transporation

Tiger Global Management

Mubadala Capital Ventures

Employee Stock Option Fund

DCVC

Maven Ventures

Y Combinator

OMERS Ventures

Embark Trucks (acquired by Applied Intuition)

We are excited to announce that Embark has entered into a definitive agreement to be acquired by Applied Intuition, marking an exciting next chapter in Embark’s journey.

Applied aims to integrate Embark’s internal tools, data, and software assets to further improve its offerings for customers in the trucking and automotive industries.

Learn more at: https://lnkd.in/gN5An2sW 

Additional information and where to find it: https://lnkd.in/gkh8M6iS 

	Dec '20	Dec '21	Dec '22
net income	-21.53M -	-124.21M 476.90%	-103.16M 16.95%
depreciation and amortization	822K -	1.07M 30.66%	5.08M 372.53%
deferred income tax		12.80M -
stock based compensation	842K -	47.61M 5,554.04%	49.89M 4.79%
change in working capital	511K -	-11.48M 2,346.38%	-769K 93.30%
accounts receivables
inventory
accounts payables	151K -	1.96M 1,196.03%	-1.52M 177.62%
other working capital	360K -	-13.44M 3,832.22%	750K 105.58%
other non cash items	226K -	8.16M 3,511.95%	-48.44M 693.38%
net cash provided by operating activities	-19.13M -	-66.05M 245.26%	-97.41M 47.48%
investments in property plant and equipment	-2.19M -	-3.79M 73.12%	-10.41M 174.56%
acquisitions net
purchases of investments	-52.42M -
sales maturities of investments	74.25M -	53.24M 28.30%
other investing activites	778K -	87K 88.82%	399K 358.62%
net cash used for investing activites	20.42M -	49.53M 142.62%	-10.02M 120.22%
debt repayment	-275K -	-69.26M 25,085.09%	-478K 99.31%
common stock issued			666K -
common stock repurchased
dividends paid
other financing activites	121K -	339.33M 280,342.15%	714K 99.79%
net cash used provided by financing activities	-154K -	270.08M 175,474.03%	902K 99.67%
effect of forex changes on cash
net change in cash	1.13M -	253.56M 22,299.29%	-106.52M 142.01%
cash at beginning of period	10.33M -	11.46M 10.96%	265.02M 2,212.57%
cash at end of period	11.46M -	265.02M 2,212.57%	158.50M 40.19%
operating cash flow	-19.13M -	-66.05M 245.26%	-97.41M 47.48%
capital expenditure	-2.19M -	-3.79M 73.12%	-10.41M 174.56%
free cash flow	-21.32M -	-69.84M 227.57%	-107.82M 54.38%

COM:EMBARKTRUCKS

Embark

Last Close

2.87

01/08 20:00

Market Cap

70.20M

Beta: -

Volume Today

129.69K

Avg: -

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