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Basanite, Inc. Stock Price

OTCPK:BASA Community·US$8.6m Market Cap
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BASA Share Price Performance

US$0.029
-0.00 (-1.37%)
US$0.029
-0.00 (-1.37%)
Price US$0.029

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Snowflake Analysis

Moderate risk with weak fundamentals.

5 Risks
0 Rewards

Basanite, Inc. Key Details

US$354.3k

Revenue

US$176.0k

Cost of Revenue

US$178.3k

Gross Profit

US$2.4m

Other Expenses

-US$2.2m

Earnings

Last Reported Earnings
Jun 30, 2025
Next Reporting Earnings
n/a
-0.0082
50.32%
-616.73%
-52.3%
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About BASA

Founded
2006
Employees
2
CEO
n/a
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.

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