Electric Last Mile Solutions, Inc. (ELMWQ)
For informational purposes only. Not financial advice. Analysis by Sedat Aydin, 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. (ELMWQ) with AI Score 44/100 (Weak). Electric Last Mile Solutions, Inc. (ELMWQ) filed for liquidation under Chapter 7 bankruptcy in June 2022. Market cap: 0, Sector: Consumer cyclical.
Last analyzed: Mar 18, 2026Electric Last Mile Solutions, Inc. (ELMWQ) Consumer Business Overview
Electric Last Mile Solutions, Inc. (ELMWQ), now undergoing Chapter 7 liquidation, formerly aimed to provide commercial electric vehicle solutions, focusing on Class 1 and Class 3 electric vehicles for 'last mile' delivery in the U.S. market, before filing for bankruptcy in 2022.
Investment Thesis
Electric Last Mile Solutions, Inc. (ELMWQ) filed for Chapter 7 liquidation in June 2022, effectively ending its operations. The company's prior focus on the electric vehicle market and its attempts to produce Class 1 and Class 3 electric vehicles are now part of its history. Investors should be aware that the company is currently undergoing liquidation, and any potential recovery for shareholders is uncertain. The company's negative P/E ratio of -0.13 and a beta of -59.40 reflect its distressed financial situation. The absence of dividends further underscores the challenges faced by the company. The liquidation process will determine the ultimate outcome for stakeholders.
Based on FMP financials and quantitative analysis
Key Highlights
- Market Cap of $0.87B prior to liquidation filing, reflecting investor valuation before bankruptcy proceedings.
- P/E Ratio of -0.13 indicates the company was not profitable before filing for liquidation.
- Beta of -59.40 suggests an inverse correlation with the market, potentially due to company-specific issues rather than broader market trends.
- No Dividend Yield as the company did not distribute dividends before its liquidation.
- Chapter 7 liquidation filing on June 14, 2022, marking the end of the company's operations.
Competitors & Peers
Strengths
- N/A: The company's strengths were not fully realized before filing for liquidation.
- N/A: The company's strengths were not fully realized before filing for liquidation.
- N/A: The company's strengths were not fully realized before filing for liquidation.
Weaknesses
- Limited operational history
- High cash burn rate
- Intense competition in the EV market
- Dependence on external funding
Catalysts
- N/A: The company is undergoing liquidation, so there are no upcoming catalysts.
Risks
- Ongoing: Bankruptcy proceedings pose a significant risk to shareholders.
- Ongoing: Limited liquidity on the OTC market can lead to price volatility.
- Ongoing: Lack of transparency due to unknown disclosure status.
- Ongoing: Potential for delisting and further loss of value.
- Ongoing: Speculative trading driven by bankruptcy news.
Growth Opportunities
- N/A: Electric Last Mile Solutions, Inc. has filed for Chapter 7 liquidation and is no longer pursuing growth opportunities.
- N/A: Electric Last Mile Solutions, Inc. has filed for Chapter 7 liquidation and is no longer pursuing growth opportunities.
- N/A: Electric Last Mile Solutions, Inc. has filed for Chapter 7 liquidation and is no longer pursuing growth opportunities.
- N/A: Electric Last Mile Solutions, Inc. has filed for Chapter 7 liquidation and is no longer pursuing growth opportunities.
- N/A: Electric Last Mile Solutions, Inc. has filed for Chapter 7 liquidation and is no longer pursuing growth opportunities.
Opportunities
- N/A: The company's opportunities were not pursued due to liquidation.
- N/A: The company's opportunities were not pursued due to liquidation.
- N/A: The company's opportunities were not pursued due to liquidation.
Threats
- Liquidation under Chapter 7 bankruptcy
- Loss of investor confidence
- Inability to secure additional funding
- Technological advancements by competitors
Competitive Advantages
- N/A: The company's competitive advantages were not fully established before filing for liquidation.
- N/A: The company's competitive advantages were not fully established before filing for liquidation.
- N/A: The company's competitive advantages were not fully established before filing for liquidation.
About ELMWQ
Electric Last Mile Solutions, Inc. (ELMWQ) was a commercial electric vehicle solutions company dedicated to designing, engineering, manufacturing, and customizing electric vehicles for 'last mile' delivery and utility purposes. Founded with the vision of providing sustainable transportation solutions, the company focused on addressing the growing demand for efficient and environmentally friendly commercial vehicles. ELMWQ's primary offering was a Class 1 commercial electric vehicle tailored for the U.S. market. Additionally, the company had plans to produce a Class 3 Urban Utility electric vehicle to further expand its product portfolio. Headquartered in Troy, Michigan, Electric Last Mile Solutions aimed to establish a strong presence in the rapidly evolving electric vehicle industry. 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, marking a significant turning point for the company and its stakeholders. The company's efforts to compete in the electric vehicle market were ultimately unsuccessful, leading to its liquidation.
What They Do
- Designed commercial electric vehicles.
- Engineered electric 'last mile' delivery solutions.
- Manufactured Class 1 commercial electric vehicles.
- Focused on producing Class 3 Urban Utility electric vehicles.
- Customized electric vehicles for specific customer needs.
- Aimed to provide sustainable transportation solutions.
Business Model
- Focused on selling electric vehicles to commercial customers.
- Planned to generate revenue through vehicle sales and customization services.
- Aimed to capture a share of the growing 'last mile' delivery market.
Industry Context
Electric Last Mile Solutions, Inc. (ELMWQ) operated within the competitive electric vehicle (EV) market, which is characterized by rapid innovation and increasing demand for sustainable transportation solutions. The industry includes established automakers and emerging EV startups, all vying for market share. ELMWQ aimed to carve out a niche by focusing on 'last mile' delivery vehicles. However, the company's bankruptcy filing highlights the challenges and risks associated with the EV industry, including high capital requirements, technological advancements, and intense competition. Competitors include companies such as BJSAF, DTCBD, FATLF, FUJSF and GUDDY.
Key Customers
- Delivery companies
- Utility service providers
- Businesses with 'last mile' transportation needs
Financials
Chart & Info
Electric Last Mile Solutions, Inc. (ELMWQ) stock price: Price data unavailable
Latest News
No recent news available for ELMWQ.
Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for ELMWQ.
Price Targets
Wall Street price target analysis for ELMWQ.
MoonshotScore
What does this score mean?
The MoonshotScore rates ELMWQ's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Shauna Finnie McIntyre
Unknown
Information regarding Shauna Finnie McIntyre's detailed background, career history, education, and previous roles is not available in the provided data. Further research would be needed to provide a comprehensive profile. Her appointment as CEO occurred during a period of significant challenges for Electric Last Mile Solutions, Inc.
Track Record: Due to the limited information available and the company's subsequent bankruptcy filing, it is difficult to assess Shauna Finnie McIntyre's track record at Electric Last Mile Solutions, Inc. The company's short operational history and eventual liquidation limit the scope for evaluating her strategic decisions and achievements.
ELMWQ OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Electric Last Mile Solutions, Inc. (ELMWQ) did not meet the requirements for higher tiers like OTCQX or OTCQB. Companies in this tier often face challenges related to financial reporting, regulatory compliance, and corporate governance. Unlike stocks listed on major exchanges like the NYSE or NASDAQ, OTC Other stocks typically have limited listing standards and may not be required to adhere to the same level of scrutiny.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Bankruptcy proceedings create significant uncertainty for shareholders.
- Limited liquidity on the OTC market can lead to price volatility.
- Lack of transparency due to unknown disclosure status.
- Potential for delisting and further loss of value.
- Speculative trading driven by bankruptcy news.
- Verify the current status of the bankruptcy proceedings.
- Assess the potential for any recovery for shareholders.
- Review any available financial reports or disclosures.
- Understand the risks associated with trading on the OTC market.
- Consult with a financial advisor before making any investment decisions.
- Research the company's history and past performance.
- Evaluate the company's management and corporate governance.
- N/A: Given the bankruptcy and OTC Other status, legitimacy signals are limited.
- N/A: Given the bankruptcy and OTC Other status, legitimacy signals are limited.
- N/A: Given the bankruptcy and OTC Other status, legitimacy signals are limited.
ELMWQ Consumer Cyclical Stock FAQ
What does Electric Last Mile Solutions, Inc. do?
Electric Last Mile Solutions, Inc. (ELMWQ) focused on designing, engineering, manufacturing, and customizing electric 'last mile' delivery and utility vehicles. The company aimed to provide sustainable transportation solutions by offering Class 1 commercial electric vehicles in the U.S. market and planning to produce Class 3 Urban Utility electric vehicles. However, the company filed for Chapter 7 liquidation in June 2022, ceasing its operations and development efforts. The company's focus was on the rapidly growing market for electric commercial vehicles before its bankruptcy.
What do analysts say about ELMWQ stock?
Given that Electric Last Mile Solutions, Inc. has filed for Chapter 7 liquidation, formal analyst coverage is likely to be limited or non-existent. Any prior analyst ratings or price targets are no longer relevant due to the company's bankruptcy status. Investors should be aware that the stock's performance is now primarily driven by the liquidation process and speculative trading, rather than fundamental analysis. The company's financial metrics, such as its negative P/E ratio, reflect its distressed financial condition.
What are the main risks for ELMWQ?
The primary risk for ELMWQ is the ongoing Chapter 7 liquidation process, which creates significant uncertainty for shareholders. The company's assets will be liquidated to pay off creditors, and the potential for any recovery for shareholders is highly uncertain. Additionally, the stock trades on the OTC market, which is characterized by limited liquidity and increased price volatility. The lack of transparency due to the unknown disclosure status further adds to the risk. Speculative trading driven by bankruptcy news can also lead to unpredictable price swings.
What are the key factors to evaluate for ELMWQ?
Electric Last Mile Solutions, Inc. (ELMWQ) currently holds an AI score of 44/100, indicating low score. Key strength: N/A: The company's strengths were not fully realized before filing for liquidation.. Primary risk to monitor: Ongoing: Bankruptcy proceedings pose a significant risk to shareholders.. This is not financial advice.
How frequently does ELMWQ data refresh on this page?
ELMWQ prices update in real time during U.S. market hours (9:30 AM-4:00 PM ET, weekdays). Fundamentals refresh after quarterly or annual filings. Analyst ratings and AI insights update daily. News is aggregated continuously from financial sources.
What has driven ELMWQ's recent stock price performance?
Recent price movement in Electric Last Mile Solutions, Inc. (ELMWQ) can be influenced by earnings results, analyst revisions, sector rotation, and broader market sentiment. Notable catalyst: N/A: The company's strengths were not fully realized before filing for liquidation.. Check the News and Technical Analysis tabs for the latest drivers. Past performance does not predict future results.
Should investors consider ELMWQ overvalued or undervalued right now?
Determining whether Electric Last Mile Solutions, Inc. (ELMWQ) is overvalued or undervalued requires examining multiple metrics. Compare valuation ratios (P/E, P/S, EV/EBITDA) against sector peers for a comprehensive view.
What research should beginners do before buying ELMWQ?
Before investing in Electric Last Mile Solutions, Inc. (ELMWQ), 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.
- Information is based on available data and may be subject to change.
- The company is undergoing Chapter 7 liquidation, which significantly impacts its future prospects.
- OTC market data may be less reliable than data from major exchanges.