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Basanite OTCPK:BASA Stock Report

Last Price

US$0.012

Market Cap

US$3.1m

7D

-7.7%

1Y

-72.9%

Updated

23 Apr, 2024

Data

Company Financials

BASA Stock Overview

Basanite, Inc. engages in the basalt fiber reinforced polymer (FRP) business worldwide.

BASA fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

Basanite, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Basanite
Historical stock prices
Current Share PriceUS$0.012
52 Week HighUS$0.08
52 Week LowUS$0.0046
Beta0.73
1 Month Change2.56%
3 Month Change-20.00%
1 Year Change-72.94%
3 Year Change-95.79%
5 Year Change-98.79%
Change since IPO-99.95%

Recent News & Updates

Recent updates

Shareholder Returns

BASAUS ChemicalsUS Market
7D-7.7%-1.1%-3.2%
1Y-72.9%6.4%19.3%

Return vs Industry: BASA underperformed the US Chemicals industry which returned 6.4% over the past year.

Return vs Market: BASA underperformed the US Market which returned 19.3% over the past year.

Price Volatility

Is BASA's price volatile compared to industry and market?
BASA volatility
BASA Average Weekly Movement19.2%
Chemicals Industry Average Movement5.5%
Market Average Movement6.0%
10% most volatile stocks in US Market16.5%
10% least volatile stocks in US Market3.0%

Stable Share Price: BASA's share price has been volatile over the past 3 months.

Volatility Over Time: BASA's weekly volatility (19%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
20062Ronald LoRiccowww.basaniteindustries.com

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 formerly known as PayMeOn, Inc. and changed its name to Basanite, Inc. in December 2018.

Basanite, Inc. Fundamentals Summary

How do Basanite's earnings and revenue compare to its market cap?
BASA fundamental statistics
Market capUS$3.12m
Earnings (TTM)-US$2.17m
Revenue (TTM)US$376.10k

8.3x

P/S Ratio

-1.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BASA income statement (TTM)
RevenueUS$376.10k
Cost of RevenueUS$248.31k
Gross ProfitUS$127.78k
Other ExpensesUS$2.30m
Earnings-US$2.17m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.0083
Gross Margin33.98%
Net Profit Margin-576.82%
Debt/Equity Ratio-58.6%

How did BASA perform over the long term?

See historical performance and comparison
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