Financial Snapshot

Revenue
$2.983M
TTM
Gross Margin
14.33%
TTM
Net Earnings
-$2.001M
TTM
Current Assets
Q2 2024
Current Liabilities
Q2 2024
Current Ratio
2.98%
Q2 2024
Total Assets
Q2 2024
Total Liabilities
Q2 2024
Book Value
-$18.76M
Q2 2024
Cash
Q2 2024
P/E
-0.04545
Nov 29, 2024 EST
Free Cash Flow
-$473.8K
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue $2.324M $2.466M $2.423M $4.455M $1.420M $3.950M $24.59M $1.120M $0.00 $0.00
YoY Change -5.75% 1.78% -45.61% 213.75% -64.05% -83.94% 2096.01%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue $2.324M $2.466M $2.423M $4.455M $1.420M $3.950M $24.59M $1.120M $0.00 $0.00
Cost Of Revenue $1.945M $2.048M $1.554M $3.351M $1.190M $3.770M $22.96M $1.075M $0.00 $0.00
Gross Profit $379.5K $418.0K $869.5K $1.104M $230.0K $180.0K $1.627M $45.08K $0.00 $0.00
Gross Profit Margin 16.33% 16.95% 35.88% 24.77% 16.2% 4.56% 6.61% 4.03%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Selling, General & Admin $1.885M $2.180M $2.835M $2.830M $710.0K $560.0K $6.947M $6.291M $250.0K $77.67K
YoY Change -13.54% -23.09% 0.17% 298.61% 26.79% -91.94% 10.42% 2416.37% 221.87%
% of Gross Profit 496.68% 521.57% 326.04% 256.41% 308.7% 311.11% 427.08% 13956.55%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.461K $8.931K $7.370K $11.09K $0.00 $200.0K $70.00K $200.0K $0.00 $0.00
YoY Change -83.64% 21.18% -33.54% -100.0% 185.71% -65.0%
% of Gross Profit 0.38% 2.14% 0.85% 1.0% 0.0% 111.11% 4.3% 443.7%
Operating Expenses $1.887M $2.225M $2.842M $2.841M $720.0K $620.0K $7.212M $6.306M $250.0K $77.67K
YoY Change -15.21% -21.72% 0.04% 294.62% 16.13% -91.4% 14.37% 2422.25% 221.87%
Operating Profit -$1.507M -$1.807M -$1.973M -$1.737M -$490.0K -$440.0K -$5.585M -$6.261M -$250.0K -$77.67K
YoY Change -16.6% -8.41% 13.54% 254.59% 11.36% -92.12% -10.79% 2404.22% 221.87%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Interest Expense -$1.406M -$1.229M -$1.446M -$1.598M -$340.0K -$490.0K -$740.0K -$10.00K $0.00 -$1.390K
YoY Change 14.36% -14.98% -9.52% 370.07% -30.61% -33.78% 7300.0% -100.0%
% of Operating Profit
Other Income/Expense, Net -$718.3K $866.4K -$90.68K $0.00 -$3.750K $0.00
YoY Change -182.91% -1055.49% -100.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Pretax Income -$2.225M -$2.673M -$1.882M -$4.328M -$670.0K -$770.0K -$7.827M -$6.411M -$250.0K -$79.05K
YoY Change -16.76% 42.04% -56.52% 546.02% -12.99% -90.16% 22.09% 2464.38% 216.26%
Income Tax $0.00 $0.00 $50.00 -$460.5K $0.00 $0.00
% Of Pretax Income
Net Earnings -$2.225M -$2.673M -$1.882M -$4.328M -$670.0K -$770.0K -$7.827M -$5.950M -$250.0K -$79.05K
YoY Change -16.76% 42.04% -56.52% 546.02% -12.99% -90.16% 31.54% 2280.18% 216.26%
Net Earnings / Revenue -95.74% -108.4% -77.68% -97.15% -47.18% -19.49% -31.83% -531.41%
Basic Earnings Per Share -$0.36 $0.00 $0.00
Diluted Earnings Per Share -$0.36 $0.00 -$1.321K -$46.54K -$197.6K -$12.83M -$32.50M -$5.500M -$6.250M -$2.063M

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Cash & Short-Term Investments $35.44K $186.4K $986.0K $164.0K $160.0K $70.00K $180.0K $130.0K $630.0K $0.00
YoY Change -80.99% -81.1% 501.15% 2.51% 128.57% -61.11% 38.46% -79.37%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $15.00K $4.660K $28.88K $35.40K $0.00 $260.0K $120.0K $40.00K $140.0K $0.00
YoY Change 221.89% -83.86% -18.42% -100.0% 116.67% 200.0% -71.43%
Inventory $178.1K $92.92K $61.84K $44.60K $240.0K $270.0K $630.0K $510.0K $300.0K $0.00
Prepaid Expenses
Receivables $138.6K $420.0K $128.4K $349.4K $590.0K $1.310M $1.380M $1.030M $970.0K $0.00
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $367.1K $703.9K $1.205M $593.4K $1.000M $1.910M $2.310M $1.720M $2.050M $0.00
YoY Change -47.85% -41.59% 103.07% -40.66% -47.64% -17.32% 34.3% -16.1%
Property, Plant & Equipment $128.8K $35.03K $87.21K $147.6K $20.00K $10.00K $10.00K
YoY Change 267.74% -59.83% -40.92% 638.05% 100.0% 0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $0.00 $119.7K
YoY Change -100.0%
Total Long-Term Assets $128.8K $35.03K $251.5K $147.6K $10.00K $3.760M $3.880M $4.020M $4.150M $0.00
YoY Change 267.74% -86.07% 70.4% 1376.1% -99.73% -3.09% -3.48% -3.13%
Total Assets $495.9K $739.0K $1.457M $741.0K $1.010M $5.670M $6.190M $5.740M $6.200M $0.00
YoY Change
Accounts Payable $2.215M $2.730M $2.667M $2.833M $3.340M $3.280M $3.830M $2.830M $1.870M $0.00
YoY Change -18.86% 2.37% -5.85% -15.19% 1.83% -14.36% 35.34% 51.34%
Accrued Expenses $3.572M $5.129M $4.368M $3.648M $2.440M $1.350M $2.440M $2.060M $450.0K $1.390K
YoY Change -30.35% 17.41% 19.76% 49.49% 80.74% -44.67% 18.45% 357.78% 32274.1%
Deferred Revenue
YoY Change
Short-Term Debt $1.360M $837.0K $877.9K $941.6K $1.350M $1.460M $1.190M $950.0K $950.0K $0.00
YoY Change 62.51% -4.66% -6.77% -30.25% -7.53% 22.69% 25.26% 0.0%
Long-Term Debt Due $863.9K $7.654M $7.833M $9.214M $7.880M $8.890M $5.300M $4.410M $2.590M $77.67K
YoY Change -88.71% -2.28% -14.99% 16.93% -11.36% 67.74% 20.18% 70.27% 3234.62%
Total Short-Term Liabilities $8.352M $16.50M $15.91M $16.81M $15.19M $15.06M $13.70M $11.17M $6.790M $79.05K
YoY Change -49.39% 3.71% -5.31% 10.65% 0.86% 9.93% 22.65% 64.51% 8489.5%
Long-Term Debt $8.850M $127.5K $303.2K $1.791M $1.260M $0.00 $0.00 $0.00 $840.0K $0.00
YoY Change 6839.2% -57.94% -83.07% 42.17% -100.0%
Other Long-Term Liabilities $85.88K $0.00 $34.81K $86.99K $60.00K $60.00K $60.00K $0.00
YoY Change -100.0% -59.98% 0.0% 0.0%
Total Long-Term Liabilities $8.936M $127.5K $338.0K $1.878M $1.260M $0.00 $0.00 $60.00K $900.0K $0.00
YoY Change 6906.53% -62.27% -82.0% 49.07% -100.0% -93.33%
Total Liabilities $17.29M $16.63M $16.25M $18.69M $16.45M $15.06M $13.70M $11.23M $7.700M $79.05K
YoY Change 3.95% 2.33% -13.02% 13.59% 9.23% 9.93% 21.99% 45.84% 9640.67%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Basic Shares Outstanding 6.602M shares 3.425B shares 1.425B shares
Diluted Shares Outstanding 6.602M shares 3.425B shares 1.425B shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $90.964 Thousand

About Bantec, Inc.

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.

Industry: Aircraft Peers: PASSUR Aerospace, Inc. RTX Corp PostD Merchant Banque