What is Basanite Inc?
, through its subsidiary, Basanite Industries, LLC, manufactures and sells basalt fiber reinforced polymer (BFRP) reinforcing bar products for the construction industry worldwide.
BASA · Verdict
Moderate reward · elevated risk
BASA's standout is volatility; balance sheet and cash flow weigh on the picture.
Based on 88% data coverage
BASA · Verdict
Top decile vs peers
Current ratio 0.01
-92% free-cash-flow margin
-398% net margin · -2391% ROE
Model-based scoring. For information only — not financial advice.
, 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 is listed on the OTCQB in USA, operating in the Basic Materials sector, with a market capitalisation of 6.15M.
The scoring profile indicates limited reward potential at this time, with growth and valuation offering the most support. Risk indicators are elevated — volatility and macro sensitivity warrant consideration.
For informational purposes only. Not financial advice.