Basanite Inc
OTC:BASA

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Basanite Inc
OTC:BASA
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Price: 0.03 USD Market Closed
Market Cap: 7.8m USD

Net Margin
Basanite Inc

-466.3%
Current
-804%
Average
4.2%
Industry

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
-466.3%
=
Net Income
-1.9m
/
Revenue
403.3k

Net Margin Across Competitors

Basanite Inc
Glance View

Market Cap
7.8m USD
Industry
Chemicals

Basanite, Inc. engages in the manufacturing of concrete-reinforcing products made from basalt fiber reinforced polymers. The company is headquartered in Pompano Beach, Florida and currently employs 23 full-time employees. The company went IPO on 2009-05-08. The Company’s two other main product lines are BasaMix, which are denier basalt fibers available in various chopped sizes and BasaMesh, a line of Basalt Geogrid Mesh Rolls. BasaMix is designed to help absorb the stresses associated with early-aged plastic shrinkage and settlement cracking in concrete, as well as providing an increased toughness for enhanced reinforcement in slab on grade (SOG) and precast elements. BasaMix also serves in a system approach for optimum performance of a concrete element when used in conjunction with its BasaFlex rebar. BasaMesh is designed for secondary and temperature shrinkage reinforcement. BasaMesh can also work in conjunction with the BasaFlex rebar or BasaMix for a total reinforcement program.

BASA Intrinsic Value
0.004 USD
Overvaluation 87%
Intrinsic Value
Price
What is Net Margin?

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
-466.3%
=
Net Income
-1.9m
/
Revenue
403.3k
What is the Net Margin of Basanite Inc?

Based on Basanite Inc's most recent financial statements, the company has Net Margin of -466.3%.

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