EMBK · Embark Technology, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Revenue | - | - | - |
| Cost of Revenue | - | - | - |
| Gross Profit | - | - | - |
| R&D | $79.21M | $18.83M | - |
| SG&A | $74.45M | $3.60M | - |
| Total Operating Expenses | $153.66M | $22.43M | - |
| D&A | $2.22M | $822.0K | - |
| Operating Income | ($153.66M) | ($22.43M) | - |
| Interest Expense | $360.0K | $8.16M | - |
| Income Tax | $0 | $0 | - |
| Net Income | ($103.16M) | ($21.53M) | - |
| EPS - Basic | ($13.40) | - | - |
| EPS - Diluted | ($13.40) | - | - |
Balance Sheet
| Line item | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Cash & Equivalents | $157.62M | $11.05M | - |
| Accounts Receivable | - | - | - |
| Inventory | - | - | - |
| Accounts Payable | $1.04M | $399.0K | - |
| Current Assets | $165.57M | $66.04M | - |
| Total Assets | $214.73M | $291.00M | $249.9K |
| Current Liabilities | $8.66M | $6.00M | $226.4K |
| Long-term Debt | $1.79M | $1.08M | - |
| Total Liabilities | $29.76M | $56.37M | - |
| Stockholders' Equity | $184.97M | $91.21M | $23.6K |
| Retained Earnings | ($286.07M) | ($182.90M) | ($1.4K) |
Cash Flow
| Line item | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Operating Cash Flow | ($97.41M) | ($19.13M) | - |
| Investing Cash Flow | ($10.02M) | $20.42M | - |
| Financing Cash Flow | $902.0K | ($154.0K) | - |
| CapEx | $10.41M | $2.18M | - |
| Free Cash Flow | ($107.82M) | ($21.31M) | - |
Ratios
| Metric | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Profitability | |||
| Gross margin | - | - | - |
| Operating margin | - | - | - |
| EBITDA margin | - | - | - |
| Net margin | - | - | - |
| Free cash flow margin | - | - | - |
| FCF / Net income | 1.05 | 0.99 | - |
| R&D / Revenue | - | - | - |
| SG&A / Revenue | - | - | - |
| Effective tax rate | - | - | - |
| Return on assets | -48.0% | -7.4% | - |
| Return on equity | -55.8% | -23.6% | - |
| Return on invested capital | -65.0% | -19.2% | - |
| Liquidity | |||
| Current ratio | 19.11 | 11.01 | - |
| Quick ratio | 19.11 | 11.01 | - |
| Cash ratio | 18.19 | 1.84 | - |
| Leverage | |||
| Debt / Equity | 0.01 | 0.01 | - |
| Debt / Assets | 0.01 | 0.00 | - |
| Debt / EBITDA | - | - | - |
| Interest coverage | -426.8x | -2.7x | - |
| Equity multiplier | 1.16 | 3.19 | 10.61 |
| Liabilities / Assets | 0.14 | 0.19 | - |
| Efficiency | |||
| Asset turnover | - | - | - |
| Inventory turnover | - | - | - |
| Days sales outstanding | - | - | - |
| Days inventory outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Cash conversion cycle | - | - | - |
| Valuation | |||
| P / E | - | - | - |
| P / B | - | - | - |
| P / S | - | - | - |
| EV / EBITDA | - | - | - |
| Growth | |||
| Revenue growth (YoY) | - | - | - |
| Revenue CAGR (3y) | - | - | - |
| Revenue CAGR (5y) | - | - | - |
| Gross profit growth (YoY) | - | - | - |
| Operating income growth (YoY) | -585.2% | - | - |
| Net income growth (YoY) | -379.1% | - | - |
| EPS growth (YoY) | - | - | - |
| EPS CAGR (3y) | - | - | - |
| EPS CAGR (5y) | - | - | - |
| FCF growth (YoY) | -405.9% | - | - |
| FCF CAGR (5y) | - | - | - |
| Book value growth (YoY) | 102.8% | 387195.1% | - |
Stability scores
Piotroski F-score
FY 2022 · 9-point quality
2/9
Weak
- ✗Net income positive
- ✗Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✓Current ratio improved
- -No share dilution
- -Gross margin improved
- -Asset turnover improved
Peer comparison
Same SIC group: Services-Computer Integrated Systems Design
Comparing Embark Technology against the 5 most active filers in the same SIC group.