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Basanite Stock Price

Symbol: OTCPK:BASAMarket Cap: US$8.0mCategory: Materials

BASA Share Price Performance

US$0.03
0.02 (297.33%)
US$0.03
0.02 (297.33%)
Price US$0.03

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    Basanite, Inc. Key Details

    US$403.3k

    Revenue

    US$182.7k

    Cost of Revenue

    US$220.6k

    Gross Profit

    US$2.1m

    Other Expenses

    -US$1.9m

    Earnings

    Last Reported Earnings
    Mar 31, 2025
    Next Reporting Earnings
    n/a
    Earnings per share (EPS)
    -0.007
    Gross Margin
    54.70%
    Net Profit Margin
    -466.37%
    Debt/Equity Ratio
    -49.6%

    Basanite, Inc. Competitors

     
     
     
     
     
     
     
     
     
     
     
     

    About BASA

    Founded
    2006
    Employees
    2
    CEO
    Ronald LoRicco
    WebsiteView website
    www.basaniteindustries.com

    Basanite, Inc., through its subsidiary, Basanite Industries, LLC, manufactures and sells basalt fiber reinforced polymer (BFRP) reinforcing bar products for the construction industry worldwide. It provides BasaFlex, a BFRP reinforcing bar; BasaMix, which are fine denier basalt fibers; and BasaMesh, a line of basalt geogrid mesh rolls to replace welded wire mesh. The company’s BFRP products are used for concrete reinforcement and steel reinforcement, as well as a replacement for other FRP rebar and industry established fiber products. It sells its products through third-party distribution partners. The company was formerly known as PayMeOn, Inc. and changed its name to Basanite, Inc. in December 2018. Basanite, Inc. was founded in 2006 and is based in Pompano Beach, Florida.

    U.S. Market Performance

    • 7 Days: -2.7%
    • 3 Months: 11.4%
    • 1 Year: 20.5%
    • Year to Date: 5.9%
    Over the last 7 days, the market has dropped 2.7%, driven by a loss of 2.4% in the Information Technology sector. As for the longer term, the market has actually risen by 20% in the last year. Looking forward, earnings are forecast to grow by 15% annually. Market details ›
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