Bantec, Inc.
BANT
Other OTC0.00
USD
-NaN
- -
CIK
0001704795
ISIN
US06684B3033
CUSIP
06684B204
Return %
Stock
S&P500
1Y
0.00
26.53
3Y
-99.90
76.60
5Y
-100.00
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Michael Bannon
- Full Time Employees
- 7
- Sector
- Industrials
- Industry
- Aerospace & Defense
- Address
- 195 Paterson Avenue Little Falls NJ United States of America 07424
- IPO Date
- Mar 4, 1998
- CIK
- 0001704795
- Website
- bantecinc.com
- Similar Companies
- Business
- Bantec, Inc. Bantec Inc. (OTCPINK: BANT) operates as a diversified product and service company primarily in the aerospace, defense, and environmental sectors, supplying spare and replacement parts to Federal Government agencies, U.S. military prime contractors, and commercial customers in the United States and internationally; providing drones, drone accessories, accident reconstruction software, drone training, drone services, counter-drone technology, certificates of authorization, and waivers; selling sanitizing products and equipment through its online store; offering product procurement, distribution, and logistics services to the United States Department of Defense and Defense Logistics Agency; and delivering environmental cleanup services including fire cleanup, asbestos removal, construction, and mechanical insulation through subsidiaries such as Howco Distributing Co. and Bantec Environmental Corp. The company, founded in 1972 and headquartered at 37 Main Street, Sparta, New Jersey, targets U.S. government entities, state governments, municipalities, hospitals, universities, manufacturers, and building owners. Recent developments include Howco Distributing securing over $1.1 million in short-term Department of Defense contracts in Q3 2024 featuring items like welding pins, vehicle winches, and transmission lifts, alongside fulfillment of a $4.1 million long-term DoD contract announced in May 2024 and a $4.19 million five-year indefinite delivery contract; Bantec Environmental Corp. winning its first fire cleanup contract and obtaining asbestos removal licensing in Connecticut; a letter of intent in May 2024 to acquire a New Jersey-based manufacturing firm with $2.3 million in sales specializing in specialty metal, Teflon, and glass products for pharmaceutical, biotech, and chemical industries, intended to become a subsidiary and integrate with Howco sales; and over 50 percent increases in sales and profits reported for Q1 2024 compared to Q1 2023.
Bantec's Howco Distributing Co. and Bantec Environmental Corp. Win Contracts
4 Penny Stocks To Watch: Bantec (OTC US: BANT), Cielo Waste Solutions (OTC US: CWSFF), Ideanomics (NASDAQ: IDEX), and T2 Biosystems (NASDAQ: TTOO)