B 
0.01
-10.39%
Close of 9 Nov 2026, in USD
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About Basanite
From its filings with the US Securities and Exchange Commission
Basanite is based in New Haven, Connecticut and is incorporated in Nevada. Its shares trade on OTC under the ticker BASA. The SEC classifies its business as miscellaneous manufacturing industries. In the fiscal year to 31 December 2018, it reported revenue of $87,836.
Company facts
- Sector
- Materials
- Industry
- Chemicals
- Listed since
- 8 May 2009
- Employees
- 10
- Website
- basaltamerica.com ↗
- Head office
- 216 CROWN STREET, NEW HAVEN, CT, 06510
- Incorporated in
- NV
- Classification
- Miscellaneous Manufacturing Industries
- Filer status
- Non-accelerated filer<br>Smaller reporting company
Leadership
Pay as last reported
- Mr. Ronald LoRiccoChairman of the Board, Acting Interim Chief Executive Officer, since 2017
- Mr. Adam FalkoffDirector$102,923
- Mr. Manuel RodriguezDirector
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Basanite Inc possesses several key strengths that contribute to its success in the market. Firstly, the company has a strong reputation for innovation and technological expertise. By constantly pushing the boundaries of materials engineering, Basanite has been able to develop unique and highly durable products.
- Secondly, Basanite benefits from a robust supply chain and efficient manufacturing processes. This allows the company to maintain competitive pricing and deliver products to customers in a timely manner.
- Lastly, Basanite has established strong relationships with a diverse range of clients across various industries. This broad customer base provides the company with a stable and diverse revenue stream.
Weaknesses
- Despite its strengths, Basanite Inc also faces some notable weaknesses that may affect its performance. One weakness is the heavy reliance on a few key suppliers for raw materials. Any disruption in the supply chain could lead to production delays and increased costs.
- Additionally, Basanite's brand awareness and market visibility are relatively low compared to some of its major competitors. This lack of recognition may hinder the company's ability to attract new clients and expand its market share.
Opportunities
- Basanite Inc has several opportunities for growth and expansion in the market. One opportunity lies in the increasing global demand for sustainable and environmentally friendly construction materials. Basanite's products, which are known for their durability and low carbon footprint, are well-positioned to capitalize on this trend.
- Another opportunity arises from the growing infrastructure development projects worldwide. By targeting new markets and establishing strategic partnerships, Basanite can leverage these projects to gain a larger market share.
Threats
- Basanite Inc faces certain threats that could impact its operations and profitability. One major threat is intense competition from well-established players in the construction materials industry. To maintain its market position, Basanite must continue to innovate and differentiate its products.
- Additionally, economic downturns and fluctuations in the construction industry can pose significant challenges for Basanite. Reduced construction activity can lead to decreased demand for its products and adversely affect the company's financial performance.
- It is important for Basanite Inc to regularly assess and address these weaknesses and threats while capitalizing on its strengths and opportunities to sustain its competitive edge and drive long-term growth.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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