Company / Net Income
BASANITE, INC. Net Income History
FY2011-FY2018 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Net Income
-$5.9M
FY2018
5-year range
-$5.9M / -$730.5K
FY2014-FY2018
Trend
-101.4%
vs FY2017
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Net Income has fluctuated over the past 8 years, ranging from -$6M in FY2018 to -$730,451 in FY2015.
Based on SEC 10-K filings.
-$6M in FY2018.
Declined from -$4M to -$6M over the past 2 years.
Net Income over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Key checks
Key Insights
- In FY2018, net income decreased 101.4% year-over-year.
- Peak net income was recorded in FY2015.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score -65.43 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Net IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2018 | -$5.9M | -101.4% |
| FY2017 | -$2.9M | +20.6% |
| FY2016 | -$3.7M | -406.2% |
| FY2015 | -$730.5K | +48.8% |
| FY2014 | -$1.4M | +41.4% |
| FY2013 | -$2.4M | -51.5% |
| FY2012 | -$1.6M | +0.5% |
| FY2011 | -$1.6M | - |
As of FY2018 · SEC Form 10-K · Last checked Jun 29, 2026