Subscribe

Basanite, Inc. (BASA)

USD0.02 0.00 (-10.53%)
US OTC Basic Materials Construction Materials
Address 2041 NW 15th Avenue 33069
Oakland Park, FL, US
CEO Ronald J. LoRicco
IPO 2013-08-05
CIK 1448705 ISIN US06975Q1004

Explore sections of this company profile

Description

Basanite, Inc. is a global enterprise specializing in basalt fiber reinforced polymer (FRP) technology. The company develops and manufactures basalt FRP products that serve as superior alternatives to conventional steel reinforcement, as well as other FRP rebar and various industrial fiber materials. Established in 2006, the firm was initially known as PayMeOn, Inc. before officially rebranding to Basanite, Inc. in December 2018. Its corporate headquarters are located in Oakland Park, Florida.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
Loading outlook…
Loading forecast...
Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
Loading risk profile…
Price Chart
Averages
Trend
Price
Levels
Draw
USD0.02 0.00 (-10.53%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
133.8K
Beta
-0.17
Float Shares
194.06M
Free Float %
72.5%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.58% -8.68% -28.57% -46.44% -43.89% -43.52% -43.33% -51.19% -93.12% -96.60% -98.27%
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
vs.
Loading histogram data…

Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
0.02
Quality scores
Altman Z-Score
-785.29
Distress
Piotroski F-Score
2 / 9
Weak
MOAT Score
0 / 10
No MOAT
Composite Rating
C
Overall Score
2 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
5 / 5
High
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Construction Materials: +2.8%
    +15.6% Q3'25: -97.6% (vs Q3'24)
  • EPS growth Construction Materials: +14.1%
    +21.4% Q3'25: +42.9% (vs Q3'24)
  • FCF margin FCF growth · Construction Materials: +32.9%
    -130.0% Q3'25: -7,221.3% (vs Q3'24)
  • EBIT margin Construction Materials: +9.5%
    -185.1% Q3'25: -848.7% (vs Q3'24)
  • ROIC Construction Materials: +5.1%
    Q3'25: +0.7% (vs Q3'24)
  • Share dilution Construction Materials: +0.0%
    +1.3% Q3'25: +2.8% (vs Q3'24)
  • Debt / EBITDA Net debt/EBITDA · Construction Materials: 0.56×
    -7.32× Q3'25: 8.29× (vs Q3'24)
Valuation Multiples From To
DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.02) × ERP
WACC = 49% × Ke + 51% × Kd (20.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 0.02
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-28 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-27 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-26 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-22 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-21 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-20 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-19 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-18 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-15 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-14 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-13 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-12 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-11 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-08 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-07 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-06 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-05 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-04 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-01 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-04-30 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-04-29 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-04-28 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-04-27 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-04-24 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-04-23 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-04-22 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-04-21 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-04-20 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-04-17 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-04-16 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-521.0K
OE per share TTM
0.00
Owner's Yield
-11.66%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
537.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
15
Beneficial owners (>5%)
# Reporting person Amount owned % of class Sole voting Shared voting Sole dispositive Shared dispositive Type Citizenship Filing date SEC filing
1 Celentano Consulting Company, LLC           Tax ID: 27-2200438 41.34M 37.90% 41.34M 41.34M CO Florida 2013-03-11
2 RVRM Holdings, LLC 30.47M 14.30% 30.47M 10.00 OO Connecticut 2020-08-12
3 Vincent L. Celentano 24.39M 18.70% 24.39M 24.39M 10.00 IN United States 2018-02-01
4 Edward A. Cespedes Revocable Trust dated August 22, 2007 10.58M 30.10% 10.58M 10.58M 10.00 OO Florida 2011-03-28
5 Edward A. Cespedes 8.95M 4.50% 8.95M 8.95M 10.00 IN Florida 2019-11-18
6 EAC Management, LLC 8.91M 4.49% 8.91M 8.91M 10.00 CO Florida 2019-11-18
7 RAL Management LLC Richard Laurin, Manager 7.50M 6.14% 7.50M 7.50M 10.00 OO Florida, USA 2017-06-22
8 First New Haven Mortgage Co. LLC 4.40M 2.00% 4.40M 10.00 OO Connecticut 2020-08-12
9 VCVC, LLC 1.68M 12.90% 16.76M 16.76M 10.00 CO Florida 2018-02-01
10 ARGJ, LLC 1.57M 0.70% 10.00 OO Connecticut 2020-08-12
11 RJC3, LLC 1.57M 0.70% 10.00 OO Connecticut 2020-08-12
12 CELENTANO CONSULTING COMPANY, LLC 1.52M 1.20% 1.52M 1.52M 10.00 CO Florida 2018-02-01
13 Benjamin Mayer 850.0K 5.96% 850.0K 850.0K IN United States 2016-06-22
14 M Capital Partners, LLC 850.0K 5.96% 850.0K 850.0K OO Delaware 2016-06-22
15 LoRi Co. 500.0K 0.20% 500.0K 10.00 OO Connecticut 2020-08-12

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter
Ratio by transactions
0.00
Bearish
Buys
1
Sells
0
Shares acquired
4.00M
Shares disposed
Cash buys
Cash sales
Net activity
+4,000,000
Insider buys vs sells (history) From To
Recent insider transactions From To
Date Person Role Transaction A/D Security Shares Price Value Owned after D/I Filing
2024-10-02 Manav Ali Officer Stock Options (Option to Buy) 5,000,000 0.03 137.5K 0 D
2023-12-31 Richmond Thomas 0 0.00 0
2023-07-31 Richmond Thomas Officer A-Award A Options 4,000,000 0.05 180.0K 4,000,000
2023-04-06 Richmond Thomas Officer A-Award A Common stock 1,000,000 0.05 45.0K 1,000,000
2022-03-07 LoRicco Ronald Joseph Sr. Director / 10% Owner M-Exempt A Common Stock 500,000 0.25 125.0K 60,915,912
2022-02-01 Sallarulo Paul M. Director A-Award A Stock Option (Right to Buy) 242,424 0.33 80.0K 492,424
2022-02-01 LoRicco Ronald Joseph Sr. Director A-Award A Stock Option (Right to Buy) 242,424 0.33 80.0K 242,424
2021-05-17 LoRicco Ronald Joseph Sr. Director / 10% Owner P-Purchase A Common Stock 4,125,004 0.12 500.0K 4,625,004
2021-05-12 LoRicco Ronald Joseph Sr. Director / 10% Owner J-Other A Warrant 5,625,000 0.35 1.97M 5,625,000
2021-02-12 LoRicco Ronald Joseph Sr. Director / 10% Owner J-Other A Warrant 11,250,000 0.20 2.25M 11,250,000
2020-11-20 LoRicco Ronald Joseph Sr. Director / 10% Owner X-InTheMoney D Warrant 1,163,201 0.20 230.3K 0
2020-11-19 Sallarulo Paul M. Director X-InTheMoney A Common Stock 2,000,000 0.04 75.0K 5,584,493
2020-06-25 LoRicco Ronald Joseph Sr. Director / 10% Owner C-Conversion A Common Stock 1,163,201 0.13 153.5K 30,471,534
2020-04-13 LoRicco Ronald Joseph Sr. Director / 10% Owner J-Other A Convertible Promissory Note 0 0.00 0
2019-12-10 BARBERA ISABELLA Officer P-Purchase A Common Stock 45,000 0.22 10.1K 52,950
2019-11-23 BARBERA ISABELLA Officer D Options to Purchase Common Stock 1,000,000 0.55 550.0K 0
2019-05-15 Anderson David Lawrence Officer X-InTheMoney D Warrant 500,000 0.06 30.0K 0
2019-05-09 LoRicco Ronald Joseph Sr. Director / 10% Owner P-Purchase A Common Stock 4,000,000 0.06 240.0K 29,283,333
2019-03-15 Sallarulo Paul M. Director P-Purchase A Common Stock 2,000,000 0.05 100.0K 3,583,333
2019-03-15 Anderson David Lawrence Officer P-Purchase A Warrant 500,000 0.08 37.5K 500,000
2019-02-13 LoRicco Ronald Joseph Sr. Director / 10% Owner P-Purchase A Common Stock 2,000,000 0.05 100.0K 2,000,000
2019-01-31 LoRicco Ronald Joseph Sr. Director / 10% Owner P-Purchase A Common Stock 500,000 0.05 25.0K 1,566,667

Executive team

Top executives
EBIT / Employee
-402.3K
Shares Outstanding
267.56M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings
Filing date Form type Filing
2026-03-31 NT 10-K
2025-11-25 10-Q
2025-11-17 NT 10-Q
2025-10-16 8-K
2025-08-19 8-K
2025-08-19 10-Q
2025-08-15 8-K
2025-08-14 NT 10-Q
2025-05-15 10-Q
2025-04-23 8-K

Executive team

NameTitleCompensationGender
Michael Giorgi Interim Chief Growth Officer male
Ronald J. LoRicco Acting Interim Chief Executive Officer & Chairman male
ESG Rating
B
CONSTRUCTION MATERIALS
Rank: 3 out of 14
2020
E (Environmental)
53.5 / 53.4
Company / Sector avg.
S (Social)
71.0 / 53.3
Company / Sector avg.
G (Governance)
68.3 / 67.6
Company / Sector avg.
ESG Total
64.2 / 58.1
Company / Sector avg.
ESG Score History CONSTRUCTION MATERIALS
Benchmark vs Sector
Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend history

Earnings history

Earnings reports

Stock splits