Basanite Inc (BASA)
OTHER OTC:BASA
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Positive Factors
Revenue Growth
Basanite's strong revenue growth indicates increasing demand for its eco-friendly construction materials, supporting long-term market expansion.
Negative Factors
Financial Instability
Basanite's financial instability, marked by high leverage and negative cash flows, poses risks to its ability to sustain operations long-term.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Basanite's strong revenue growth indicates increasing demand for its eco-friendly construction materials, supporting long-term market expansion.
Read all positive factors
Basanite (BASA) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$6.50M
Dividend YieldN/A
Average Volume (3M)112.53K
Price to Earnings (P/E)―
Beta (1Y)-0.12
Revenue Growth9.49%
EPS Growth-20.31%
CountryUS
Employees2
SectorBasic Materials
Sector Strength58
IndustryConstruction Materials
Share Statistics
EPS (TTM)N/A
Shares Outstanding267,560,850
10 Day Avg. Volume127,848
30 Day Avg. Volume112,533
Financial Highlights & Ratios
PEG Ratio0.42
Price to Book (P/B)-1.77
Price to Sales (P/S)35.91
P/FCF Ratio-38.92
Enterprise Value/Market Cap1.30
Enterprise Value/Revenue28.83
Enterprise Value/Gross Profit221.08
Enterprise Value/Ebitda-9.42
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Basanite Business Overview & Revenue Model
Company Description
Basanite, Inc. engages in the basalt fiber reinforced polymer (FRP) business worldwide. It produces basalt FRP products that are used as replacement for other FRP rebar and industry fiber products, as wells as steel reinforcement. The company was ...
How the Company Makes Money
Basanite makes money primarily through the sale of its Basalt fiber reinforced polymer (BFRP) products to construction companies, infrastructure developers, and other entities involved in building and civil engineering projects. The company's reve...
Basanite Financial Statement Overview
Summary
Income Statement
Balance Sheet
Cash Flow
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Mar 2022 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 293.01K | 434.73K | 376.10K | 1.36M | 193.19K | 7.16K |
| Gross Profit | 38.21K | 262.53K | 127.78K | -1.07M | -1.78M | 2.67K |
| EBITDA | -897.03K | -627.20K | -1.38M | -4.03M | -15.58M | -2.30M |
| Net Income | -2.02M | -1.73M | -2.17M | -4.97M | -16.48M | -3.54M |
Balance Sheet | ||||||
| Total Assets | 125.24K | 265.71K | 554.66K | 4.77M | 5.21M | 2.85M |
| Cash, Cash Equivalents and Short-Term Investments | 0.00 | 82.22K | 55.25K | 30.34K | 109.51K | 259.50K |
| Total Debt | 2.41M | 4.59M | 4.22M | 3.20M | 3.28M | 2.26M |
| Total Liabilities | 10.08M | 9.09M | 7.67M | 8.57M | 5.03M | 3.55M |
| Stockholders Equity | -9.96M | -8.83M | -7.11M | -6.41M | 181.76K | -704.06K |
Cash Flow | ||||||
| Free Cash Flow | -657.41K | -401.03K | -1.06M | -6.85M | -6.85M | -3.14M |
| Operating Cash Flow | -657.41K | -401.03K | -1.06M | -4.51M | -4.51M | -2.80M |
| Investing Cash Flow | 0.00 | 0.00 | 0.00 | -2.35M | -2.35M | -339.59K |
| Financing Cash Flow | 655.09K | 428.00K | 1.08M | 2.48M | 6.70M | 3.27M |
Basanite Risk Analysis
Basanite disclosed 61 risk factors in its most recent earnings report. Basanite reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Basanite Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
| ― | $6.50M | -11.14 | ― | ― | 9.49% | -20.31% | |
74 Outperform | $18.60B | 1.84 | 3.40% | 0.74% | 5.01% | -67.33% | |
68 Neutral | $3.15B | 30.61 | 23.07% | 0.19% | 9.49% | 8.32% | |
66 Neutral | $954.70M | 9.20 | 11.98% | 5.46% | 16.65% | -3.36% | |
61 Neutral | $185.52M | 15.42 | 24.92% | ― | 19.03% | 63.09% | |
49 Neutral | $1.39B | 86.87 | 2.03% | ― | -5.63% | -86.58% |
* Basic Materials Sector Average
BASA
Basanite
0.02
-0.01
-29.41%
CPAC
Cementos Pacasmayo SAA
10.65
5.57
109.65%
CX
Cemex SAB
12.25
6.20
102.45%
USLM
United States Lime & Minerals
110.00
10.68
10.75%
LOMA
Loma Negra Compania Industrial Argentina Sociedad Anonima
10.61
-0.41
-3.72%
SMID
Smith-Midland
34.96
4.30
14.02%
Basanite Corporate Events
Executive/Board Changes
Basanite’s Acting CFO Ronald LoRicco Resigns
Neutral
Oct 16, 2025
On October 15, 2025, Ronald LoRicco, Sr. resigned from his position as the Acting Interim Chief Financial Officer of Basanite. Despite stepping down from this role, Mr. LoRicco continues to serve as the Acting Interim Chief Executive Officer and t...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―