Electric Last Mile Solutions, Inc. (ELMSQ)
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. (ELMSQ) trades at $0.13 with AI Score 42/100 (Grade C). Electric Last Mile Solutions, Inc. filed for liquidation under Chapter 7 bankruptcy in June 2022. Market cap: $16.12M, Sector: Consumer cyclical.
Price live · AI analysis from Mar 16, 2026Analyst Coverage for ELMSQ: ELMSQ 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 ELMSQ against Consumer Cyclical peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
ELMSQ: the 1 perspectives are evenly split.
How is this calculated? →Electric Last Mile Solutions, Inc. (ELMSQ) Consumer Business Overview
Electric Last Mile Solutions, Inc. (ELMSQ) was a commercial electric vehicle solutions company specializing in Class 1 electric vehicles for the U.S. market. The company filed for Chapter 7 bankruptcy in June 2022 and is currently undergoing liquidation, ceasing its operations in the auto manufacturing sector.
What Is the Investment Thesis for ELMSQ?
Electric Last Mile Solutions, Inc. (ELMSQ) is currently undergoing liquidation under Chapter 7 bankruptcy, initiated in June 2022. As a result, there is no active investment thesis for the company. The company's shares trade on the OTC market, reflecting its distressed financial state. Potential investors should be aware that the liquidation process typically results in minimal or no recovery for equity holders. The company's high beta of 19.27 indicates extreme volatility, which is irrelevant given the bankruptcy proceedings. The absence of dividends further underscores the lack of investment return. Any investment decision should consider the implications of the bankruptcy and liquidation process.
Based on FMP financials and quantitative analysis
ELMSQ Key Highlights
- Electric Last Mile Solutions, Inc. filed for Chapter 7 bankruptcy on June 14, 2022, leading to liquidation.
- The company's primary product was a Class 1 commercial electric vehicle for the U.S. market.
- ELMSQ's shares trade on the OTC market, reflecting its distressed financial condition.
- The company's beta of 19.27 indicates extremely high volatility.
- Electric Last Mile Solutions, Inc. does not offer any dividend yield.
Who Are ELMSQ's Competitors?
ELMSQ is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| 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 |
| NIO NIO Inc. | $5.02 | +4.80% | $11.83B | 61 |
| HNDAF Honda Motor Co., Ltd. | $9.75 | +10.17% | $42.11B | 46 |
| NIU Niu Technologies | $2.08 | +2.22% | $162.75M | 46 |
| TM Toyota Motor Corporation | $179.93 | +3.06% | $213.06B | 46 |
| POAHF Porsche Automobil Holding SE | $33.01 | +5.06% | $10.21B | 46 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are ELMSQ's Key Strengths?
- N/A - Electric Last Mile Solutions, Inc. has filed for Chapter 7 bankruptcy and is undergoing liquidation.
What Are ELMSQ's Weaknesses?
- N/A - Electric Last Mile Solutions, Inc. has filed for Chapter 7 bankruptcy and is undergoing liquidation.
What Are the Key Risks for ELMSQ?
- Negative return on equity (-28.0%) — the business is not currently generating profit on shareholder capital.
- Weak fundamentals — a Piotroski F-Score of 0/9 flags soft profitability, leverage or efficiency.
- Bankruptcy and liquidation proceedings pose a significant risk to investors, potentially resulting in a complete loss of investment.
- Limited or no financial reporting increases the risk of investing in ELMSQ.
- The OTC Other tier carries a high risk of fraud and manipulation.
- The lack of liquidity in ELMSQ shares makes it difficult to trade without impacting the price.
- Any remaining assets may not be sufficient to provide meaningful recovery for equity holders.
What Are the Growth Opportunities for ELMSQ?
- N/A - Electric Last Mile Solutions, Inc. has filed for Chapter 7 bankruptcy and is undergoing liquidation.
- N/A - Electric Last Mile Solutions, Inc. has filed for Chapter 7 bankruptcy and is undergoing liquidation.
- N/A - Electric Last Mile Solutions, Inc. has filed for Chapter 7 bankruptcy and is undergoing liquidation.
- N/A - Electric Last Mile Solutions, Inc. has filed for Chapter 7 bankruptcy and is undergoing liquidation.
- N/A - Electric Last Mile Solutions, Inc. has filed for Chapter 7 bankruptcy and is undergoing liquidation.
What Opportunities Does ELMSQ Have?
- N/A - Electric Last Mile Solutions, Inc. has filed for Chapter 7 bankruptcy and is undergoing liquidation.
What Threats Does ELMSQ Face?
- N/A - Electric Last Mile Solutions, Inc. has filed for Chapter 7 bankruptcy and is undergoing liquidation.
What Are ELMSQ's Competitive Advantages?
- N/A - Electric Last Mile Solutions, Inc. has filed for Chapter 7 bankruptcy and is undergoing liquidation.
What Does ELMSQ Do?
Electric Last Mile Solutions, Inc. (ELMSQ) was established with the vision of providing electric vehicle solutions for the 'last mile' delivery market. The company focused on designing, engineering, manufacturing, and customizing electric vehicles tailored for commercial use. Its primary offering was a Class 1 commercial electric vehicle designed for the U.S. market. Headquartered in Troy, Michigan, ELMSQ aimed to capitalize on the growing demand for electric vehicles in urban logistics and delivery services. However, on June 14, 2022, Electric Last Mile Solutions, Inc. and its affiliate filed a voluntary petition for liquidation under Chapter 7 in the U.S. Bankruptcy Court for the District of Delaware. This marked the end of the company's operational activities, ceasing its efforts in the electric vehicle market. The bankruptcy filing indicated significant financial distress and an inability to continue operations, leading to the liquidation of its assets.
What Products and Services Does ELMSQ Offer?
- Designed electric 'last mile' delivery vehicles.
- Engineered commercial electric vehicle solutions.
- Manufactured Class 1 commercial electric vehicles.
- Customized electric vehicles for specific commercial applications.
- Focused on the U.S. market for electric vehicle sales.
- Aimed to provide sustainable transportation solutions for urban logistics.
How Does ELMSQ Make Money?
- Focused on designing and manufacturing electric vehicles for commercial use.
- Targeted the 'last mile' delivery market with specialized electric vehicles.
- Aimed to generate revenue through the sale of electric vehicles.
What Industry Does ELMSQ Operate In?
Electric Last Mile Solutions, Inc. operated within the automotive industry, specifically targeting the electric vehicle (EV) segment for commercial 'last mile' delivery solutions. The EV market has been experiencing substantial growth, driven by increasing environmental concerns and government incentives. However, the industry is also highly competitive, with established automakers and emerging startups vying for market share. ELMSQ's bankruptcy highlights the challenges faced by new entrants in scaling production and securing sufficient funding in this capital-intensive industry. The company's failure underscores the risks associated with investing in early-stage EV companies.
Who Are ELMSQ's Key Customers?
- Commercial delivery companies
- Logistics providers
- Businesses requiring 'last mile' transportation solutions
- Utility companies
Company Profile
Electric Last Mile Solutions, Inc. operates in the Auto - Manufacturers industry within the Consumer Cyclical sector. It is headquartered in Troy, US. The company is led by CEO Jason Luo. ELMSQ has traded publicly since 2020.
F-Score 0/9Financial Health
Electric Last Mile Solutions, Inc.'s Piotroski F-Score is 0/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny.
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.
ELMSQ Valuation & Market Position
With a $16.12M market cap, Electric Last Mile Solutions, Inc. sits in the micro-cap segment of the market. Relative to its peer group, ELMSQ's quantitative score of 42/100 is below the peer average of 59/100.
ELMSQ Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
ELMSQ Latest News
No recent news available for ELMSQ.
ELMSQ Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for ELMSQ.
Price Targets
Wall Street price target analysis for ELMSQ.
ELMSQ MoonshotScore
What does this score mean?
The MoonshotScore rates ELMSQ's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
ELMSQ OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, encompassing stocks that may be defunct, in bankruptcy, or otherwise distressed. Companies in this tier often do not meet the minimum financial standards required for listing on major exchanges like the NYSE or NASDAQ. Unlike listed companies, OTC Other companies may have limited or no reporting requirements, resulting in a lack of transparency. Investing in OTC Other stocks carries substantial risk due to the potential for fraud, manipulation, and lack of reliable information.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Bankruptcy and liquidation proceedings
- Limited or no financial reporting
- High risk of fraud and manipulation
- Lack of liquidity
- Potential for complete loss of investment
- Verify the status of the bankruptcy proceedings.
- Review any available court filings related to the liquidation.
- Assess the potential for any recovery for equity holders.
- Understand the risks associated with investing in OTC Other stocks.
- Consult with a financial advisor before making any investment decisions.
- Check for any regulatory actions or investigations related to the company.
- Determine if there are any assets remaining that could provide value to shareholders.
- N/A - Given the bankruptcy and liquidation, there are no legitimacy signals.
- N/A - Given the bankruptcy and liquidation, there are no legitimacy signals.
- N/A - Given the bankruptcy and liquidation, there are no legitimacy signals.
ELMSQ Consumer Cyclical Stock FAQ
What does Electric Last Mile Solutions, Inc. do?
Electric Last Mile Solutions, Inc. (ELMSQ) was a commercial electric vehicle solutions company focused on designing, engineering, manufacturing, and customizing electric vehicles for 'last mile' delivery and utility purposes. The company's primary product was a Class 1 commercial electric vehicle targeted at the U.S. market. However, the company filed for Chapter 7 bankruptcy in June 2022 and is currently undergoing liquidation, ceasing its operational activities. As a result, the company is no longer actively engaged in developing or selling electric vehicles.
What do analysts say about ELMSQ stock?
Given that Electric Last Mile Solutions, Inc. has filed for Chapter 7 bankruptcy and is undergoing liquidation, there is no current analyst coverage or consensus on the stock. The company's financial distress and cessation of operations render traditional valuation metrics and growth considerations irrelevant. Investors should be aware that the bankruptcy proceedings typically result in minimal or no recovery for equity holders. Any investment decision should be made with full understanding of the implications of the bankruptcy and liquidation process.
What are the main risks for ELMSQ?
The primary risk for Electric Last Mile Solutions, Inc. (ELMSQ) is the ongoing Chapter 7 bankruptcy and liquidation proceedings. This poses a significant threat to investors, potentially leading to a complete loss of investment. Additionally, the company's shares trade on the OTC market, which carries a higher risk of fraud and manipulation due to limited regulatory oversight and disclosure requirements. The lack of liquidity in ELMSQ shares further exacerbates the risk, making it difficult to trade without significantly impacting the price.
What are the key factors to evaluate for ELMSQ?
Electric Last Mile Solutions, Inc. (ELMSQ) holds an AI score of 42/100 (low). Not financial advice.
How frequently does ELMSQ data refresh on this page?
ELMSQ 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 ELMSQ's recent stock price performance?
Electric Last Mile Solutions, Inc. (ELMSQ) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: N/A - Electric Last Mile Solutions, Inc. has filed for Chapter 7 bankruptcy and is undergoing liquidation. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider ELMSQ overvalued or undervalued right now?
Valuing Electric Last Mile Solutions, Inc. (ELMSQ) 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 ELMSQ?
Before investing in Electric Last Mile Solutions, Inc. (ELMSQ), 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).
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 information provided is based on the available source data and reflects the company's status as of 2026-03-16.
- Electric Last Mile Solutions, Inc. has filed for Chapter 7 bankruptcy and is undergoing liquidation.
- Investment decisions should be made with full understanding of the risks associated with bankrupt companies and OTC stocks.