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
revenue
cost of revenue
gross profit
selling and marketing expenses
general and administrative expenses	3.60M -	48.39M 1,245.95%	74.45M 53.86%
selling general and administrative expenses	3.60M -	48.39M 1,245.95%	74.45M 53.86%
research and development expenses	18.83M -	55.28M 193.54%	79.21M 43.31%
other expenses	107K -	-12.48M 11,768.22%	-318K 97.45%
cost and expenses	22.43M -	103.66M 362.24%	153.66M 48.23%
operating expenses	22.43M -	103.66M 362.24%	153.66M 48.23%
interest expense		8.16M -	360K 95.59%
ebitda	-20.71M -	-114.98M 455.20%	-146.69M 27.58%
operating income	-22.43M -	-103.66M 362.24%	-153.66M 48.23%
depreciation and amortization	1.72M -	-11.31M 758.88%	6.98M 161.68%
total other income expenses net	895K -	-20.55M 2,396.09%	50.50M 345.74%
income before tax	-21.53M -	-124.21M 476.90%	-103.16M 16.95%
income tax expense	107K -	-4.32M 4,139.25%	-50.50M 1,068.44%
net income	-21.64M -	-119.89M 454.08%	-52.66M 56.07%
weighted average shs out		173.16B -	23.00M 99.99%
weighted average shs out dil		12.17B -	23.00M 99.81%
eps	0 -	-0.00 Infinity%	-2.29 327,042.86%
epsdiluted	0 -	-0.01 Infinity%	-2.29 23,031.31%

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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