Bantec, Inc. is a product and service company, which engages in providing product procurement, distribution, and logistics services through its subsidiary. The company is headquartered in Little Falls, New Jersey and currently employs 7 full-time employees. The company went IPO on 2001-07-18. The firm provides product procurement, distribution, and logistics services through its wholly owned subsidiary, Howco Distributing Co. (Howco) to the United States department of defense and defense logistics agency. The Company, through Bantec Sanitizing, offers sanitizing products and equipment through its new store bantec.store. The firm sells drones and related products manufactured by third parties to various parties, primarily local government entities. Its drone programs constitute selling its customers drones, drone accessories, accident reconstruction software, drone training, drone services, counter-drone technology, certificates of authorization (COAs) and Waivers. The firm has operations based in Sparta, New Jersey and Vancouver, Washington.
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
09/30/2023
09/30/2022
09/30/2021
09/30/2020
Revenue
2
2
2
2
4
Revenue Growth (YoY)
0%
0%
0%
-50%
--
Cost of Revenue
2
1
2
1
3
Gross Profit
0
0
0
0
1
Selling, General & Admin
1
1
2
2
2
Research & Development
--
--
--
--
--
Operating Expenses
1
1
2
2
2
Other Non Operating Income (Expenses)
--
0
0
--
--
Pretax Income
-1
-2
-2
-1
-4
Income Tax Expense
0
0
0
--
--
Net Income
-2
-2
-3
-1
-4
Net Income Growth
-33%
-33%
200%
-75%
--
Shares Outstanding (Diluted)
19.78
6.6
3.42
1.42
0.09
Shares Change (YoY)
183%
93%
140%
1,432%
--
EPS (Diluted)
-0.1
-0.35
-0.95
-1.32
-46.53
EPS Growth
-80%
-62%
-28%
-97%
--
Free Cash Flow
0
0
-1
-1
0
Free Cash Flow Per Share
--
--
--
--
--
Gross Margin
0%
0%
0%
0%
25%
Operating Margin
0%
-50%
-50%
-50%
-25%
Profit Margin
-100%
-100%
-150%
-50%
-100%
Free Cash Flow Margin
0%
0%
-50%
-50%
0%
EBITDA
0
-1
-1
-1
-1
EBITDA Margin
0%
-50%
-50%
-50%
-25%
D&A For EBITDA
0
0
0
0
0
EBIT
0
-1
-1
-1
-1
EBIT Margin
0%
-50%
-50%
-50%
-25%
Effective Tax Rate
0%
0%
0%
--
--
Follow-Up Questions
What are Bantec Inc's key financial statements?
According to the latest financial statement (Form-10K), Bantec Inc has a total asset of $0, Net loss of $-2
What are the key financial ratios for BANT?
Bantec Inc's Current ratio is 0, has a Net margin is -100, sales per share of $0.3.
How is Bantec Inc's revenue broken down by segment or geography?
Bantec Inc largest revenue segment is Howco, at a revenue of 2,320,355 in the most earnings release.For geography, United States is the primary market for Bantec Inc, at a revenue of 2,319,798.
Is Bantec Inc profitable?
no, according to the latest financial statements, Bantec Inc has a net loss of $-2