Electric Last Mile Solutions, Inc. (ELMS)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Electric Last Mile Solutions, Inc. (ELMS) trades at $0.19. Electric Last Mile Solutions, Inc. focused on designing and manufacturing electric vehicles for the 'last mile' delivery market. The company filed for liquidation under Chapter 7 bankruptcy in June 2022. Sector: Consumer cyclical.
Price live · AI analysis from Mar 18, 2026Analyst Coverage for ELMS: ELMS does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates ELMS against Consumer Cyclical peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
ELMS: 1/1 perspectives are bearish.
How is this calculated? →Electric Last Mile Solutions, Inc. (ELMS) Consumer Business Overview
Electric Last Mile Solutions (ELMS) aimed to provide commercial electric vehicles, particularly Class 1 and Class 3, for last-mile delivery services in the U.S. before filing for Chapter 7 liquidation in 2022. The company's focus was on customizing electric vehicles for specific business needs.
What Is the Investment Thesis for ELMS?
Electric Last Mile Solutions, Inc. presented an investment opportunity in the burgeoning electric vehicle market, specifically targeting the 'last mile' delivery sector. The company's focus on Class 1 and Class 3 commercial electric vehicles aimed to capitalize on the increasing demand for sustainable transportation solutions. However, the company filed for Chapter 7 liquidation in June 2022, effectively ending its operations. The P/E ratio is currently -0.13, reflecting the company's lack of profitability. The absence of a dividend yield further underscores the financial challenges faced by the company prior to its liquidation. Any investment consideration would need to account for the bankruptcy proceedings and the potential for recovering any value from the liquidation process.
Based on FMP financials and quantitative analysis
ELMS Key Highlights
- Electric Last Mile Solutions, Inc. filed for Chapter 7 liquidation on June 14, 2022.
- The company focused on Class 1 commercial electric vehicles for the U.S. market.
- Plans were in place to produce Class 3 Urban Utility electric vehicles.
- The company aimed to provide customizable electric vehicle solutions.
- The P/E ratio was -0.13, indicating a lack of profitability.
Who Are ELMS's Competitors?
ELMS is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| AMV Atlis Motor Vehicles, Inc. | $0.50 | -1.88% | $17.83M | 49 |
| CZOO Cazoo Group Ltd | $6.04 | +0.17% | $29.54M | 56 |
| FGH FG Group Holdings Inc. | $1.24 | -5.70% | $24.44M | 52 |
| LL LL Flooring Holdings, Inc. | $0.84 | +0.45% | $25.87M | 41 |
| MYT Bit Brother Limited | $2.16 | -6.09% | $22.41M | 46 |
| FSR Fisker Inc. | $0.09 | -28.17% | $52.82M | 64 |
| WKHS Workhorse Group Inc. | $2.80 | +4.87% | $30.50M | 63 |
| LCID Lucid Group, Inc. | $6.66 | +9.54% | $2.12B | 61 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are ELMS's Key Strengths?
- Focus on the growing 'last mile' delivery market.
- Potential demand for electric commercial vehicles.
- Customization capabilities to meet specific customer needs.
What Are ELMS's Weaknesses?
- Filed for Chapter 7 liquidation in June 2022.
- Lack of profitability prior to liquidation.
- Intense competition in the electric vehicle market.
What Are the Key Risks for ELMS?
- Negative return on equity (-28.0%) — the business is not currently generating profit on shareholder capital.
- Bankruptcy proceedings and potential loss of investment.
- Technological advancements rendering products obsolete.
- Competitive pressures from established automakers.
What Are the Growth Opportunities for ELMS?
- N/A: Electric Last Mile Solutions, Inc. filed for Chapter 7 liquidation on June 14, 2022, ceasing all operations. Therefore, there are no ongoing or future growth opportunities for the company.
- N/A: Electric Last Mile Solutions, Inc. filed for Chapter 7 liquidation on June 14, 2022, ceasing all operations. Therefore, there are no ongoing or future growth opportunities for the company.
- N/A: Electric Last Mile Solutions, Inc. filed for Chapter 7 liquidation on June 14, 2022, ceasing all operations. Therefore, there are no ongoing or future growth opportunities for the company.
- N/A: Electric Last Mile Solutions, Inc. filed for Chapter 7 liquidation on June 14, 2022, ceasing all operations. Therefore, there are no ongoing or future growth opportunities for the company.
- N/A: Electric Last Mile Solutions, Inc. filed for Chapter 7 liquidation on June 14, 2022, ceasing all operations. Therefore, there are no ongoing or future growth opportunities for the company.
What Opportunities Does ELMS Have?
- N/A: Company is in liquidation.
- N/A: Company is in liquidation.
- N/A: Company is in liquidation.
What Threats Does ELMS Face?
- Bankruptcy proceedings and potential loss of investment.
- Competitive pressures from established automakers.
- Technological advancements rendering products obsolete.
What Are ELMS's Competitive Advantages?
- Unknown
What Does ELMS Do?
Electric Last Mile Solutions, Inc. (ELMS) was established to address the growing demand for electric vehicles in the commercial 'last mile' delivery sector. The company focused on designing, engineering, manufacturing, and customizing electric vehicles tailored for this market segment. ELMS aimed to provide efficient and environmentally friendly transportation solutions for businesses involved in delivering goods and services to end customers. Its primary product offerings included Class 1 commercial electric vehicles, specifically designed for the U.S. market. Additionally, the company had plans to produce Class 3 Urban Utility electric vehicles, further expanding its product line to cater to a broader range of commercial applications. ELMS sought to differentiate itself by offering customizable solutions to meet the specific needs of its customers. However, on June 14, 2022, Electric Last Mile Solutions, Inc., along with its affiliate, filed a voluntary petition for liquidation under Chapter 7 in the U.S. Bankruptcy Court for the District of Delaware, ceasing its operations.
What Products and Services Does ELMS Offer?
- Designed and engineered electric 'last mile' delivery vehicles.
- Manufactured Class 1 commercial electric vehicles for the U.S. market.
- Focused on producing Class 3 Urban Utility electric vehicles.
- Customized electric vehicles to meet specific customer needs.
- Aimed to provide sustainable transportation solutions for commercial applications.
- Offered electric vehicle solutions for the 'last mile' delivery sector.
How Does ELMS Make Money?
- Focused on selling Class 1 and Class 3 commercial electric vehicles.
- Offered customization services to tailor vehicles to customer requirements.
- Aimed to generate revenue through vehicle sales and related services.
What Industry Does ELMS Operate In?
The electric vehicle (EV) market is experiencing substantial growth, driven by increasing environmental concerns, government incentives, and technological advancements. The 'last mile' delivery segment, in particular, presents a significant opportunity for EV manufacturers due to the increasing demand for e-commerce and urban logistics. However, the competitive landscape is intense, with established automakers and emerging EV companies vying for market share. Electric Last Mile Solutions, Inc. aimed to carve out a niche in this market by focusing on customizable commercial electric vehicles, but ultimately failed to compete effectively, leading to its liquidation.
Who Are ELMS's Key Customers?
- Businesses involved in 'last mile' delivery services.
- Companies seeking sustainable transportation solutions.
- Organizations requiring commercial electric vehicles for their operations.
Net buyingInsider Activity
The most recent 11 insider filings for Electric Last Mile Solutions, Inc. break down as 0 sales and 11 purchases. On net that is roughly 736K shares acquired (about $0) — insiders putting money in tends to read as conviction.
ROE -28%Key Financial Metrics
Return on equity for Electric Last Mile Solutions, Inc. stands at -28.0%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -11.7%, showing how much profit it generates from its asset base. Its free cash flow yield is -3.3%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.51 means current liabilities exceed short-term assets, a liquidity point worth watching.
Company Profile
Electric Last Mile Solutions, Inc. operates in the Auto - Manufacturers industry within the Consumer Cyclical sector. It is headquartered in Troy, US. ELMS has traded publicly since 2020.
ELMS Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- Focus on the growing 'last mile' delivery market.
- Potential demand for electric commercial vehicles.
- Customization capabilities to meet specific customer needs.
Bear Case
- Filed for Chapter 7 liquidation in June 2022.
- Lack of profitability prior to liquidation.
- Intense competition in the electric vehicle market.
- Ongoing: Bankruptcy proceedings and potential loss of investment.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · July 2026
ELMS Latest News
No recent news available for ELMS.
ELMS Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for ELMS.
Price Targets
Wall Street price target analysis for ELMS.
ELMS MoonshotScore
What does this score mean?
The MoonshotScore rates ELMS's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Electric Last Mile Solutions, Inc. Consumer Cyclical Stock: Key Questions Answered
What does Electric Last Mile Solutions, Inc. do?
Electric Last Mile Solutions, Inc. (ELMS) was a commercial electric vehicle solutions company focused on designing, engineering, manufacturing, and customizing electric vehicles for the 'last mile' delivery market. The company offered Class 1 commercial electric vehicles in the U.S. market and had plans to produce Class 3 Urban Utility electric vehicles. However, the company filed for Chapter 7 liquidation in June 2022, ceasing its operations and business activities.
What are the main risks for ELMS?
The primary risk for Electric Last Mile Solutions, Inc. is its Chapter 7 liquidation filing in June 2022. This means that the company's assets are being liquidated to pay off its debts, and there is a high likelihood that shareholders will receive little to no return on their investment. Additionally, the company faced intense competition in the electric vehicle market, which contributed to its financial difficulties. Investors should be aware of the significant risks associated with investing in a company undergoing bankruptcy proceedings.
What are the key factors to evaluate for ELMS?
Evaluate ELMS on fundamentals, analyst consensus, and risk factors. Not financial advice.
How frequently does ELMS data refresh on this page?
ELMS prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven ELMS's recent stock price performance?
Electric Last Mile Solutions, Inc. (ELMS) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Focus on the growing 'last mile' delivery market. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider ELMS overvalued or undervalued right now?
Valuing Electric Last Mile Solutions, Inc. (ELMS) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying ELMS?
Before investing in Electric Last Mile Solutions, Inc. (ELMS), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Why might investors consider adding ELMS to a portfolio?
Key strength of Electric Last Mile Solutions, Inc. (ELMS): Focus on the growing 'last mile' delivery market. Weigh rewards against risks and diversify. Not financial advice.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- The company filed for Chapter 7 liquidation on June 14, 2022. All information should be considered in light of this fact.