Basanite, Inc.
General ticker "BASA" information:
- Sector: Materials
- Industry: Chemicals
- Capitalization: $10.4M (TTM average)
Basanite, Inc. does not follow the US Stock Market performance with the rate: -7.2%.
Estimated limits based on current volatility of 7.3%: low 0.03$, high 0.03$
Factors to consider:
- Total employees count: 2 (-50.0%) as of 2023
- Top business risk factors: Inability to continue as a going concern, Operational and conduct risks, Insufficient funding, Pandemic risks, Reputation and brand risks
- Price in estimated range
- Earnings for 6 months up through Q2 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [0.02$, 0.08$]
- 2025-12-31 to 2026-12-31 estimated range: [0.01$, 0.05$]
Financial Metrics affecting the BASA estimates:
- Positive: with PPE of -8.7 at the end of fiscal year the price was very low
- Negative: negative Operating income
- Negative: Operating cash flow per share per price, % of -2.66 <= 0.33
- Negative: Shareholder equity ratio, % of -3321.33 <= 18.93
- Negative: negative Net income
- Positive: Industry operating profit margin (median), % of 12.61 > 9.92
- Positive: Inventory ratio change, % of 0 <= 0
- Positive: Investing cash flow per share per price, % of 0 > -0.66
Short-term BASA quotes
Long-term BASA plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $1.36MM | $0.38MM | $0.43MM |
| Operating Expenses | $5.61MM | $1.98MM | $1.24MM |
| Operating Income | $-4.26MM | $-1.60MM | $-0.80MM |
| Non-Operating Income | $-0.72MM | $-0.57MM | $-0.92MM |
| Interest Expense | $0.51MM | $0.57MM | $0.92MM |
| Income(Loss) | $-4.97MM | $-2.17MM | $-1.73MM |
| Profit(Loss)* | $-4.97MM | $-2.17MM | $-1.73MM |
| Stockholders Equity | $-6.41MM | $-7.11MM | $-8.83MM |
| Inventory | $0.40MM | $0.00MM | $0.00MM |
| Assets | $4.77MM | $0.55MM | $0.27MM |
| Operating Cash Flow | $-2.83MM | $-1.06MM | $-0.40MM |
| Capital expenditure | $2.35MM | $0.00MM | $0.00MM |
| Investing Cash Flow | $0.27MM | $0.00MM | $0.00MM |
| Financing Cash Flow | $2.48MM | $1.08MM | $0.43MM |
| Earnings Per Share** | $-0.02 | $-0.01 | $-0.01 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.