Private company

Bantec, Inc.

Last updated Oct 16, 2026.

Overview

  • IndustryAircraft
  • HeadquartersDE
  • Incorporated inDE2
  • Business address195 Paterson Avenue, Little Falls, Nj 074242
  • Filer category, Emerging growth company2

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2023

16.3%Gross margin3
-64.8%Operating margin3
-95.7%Net margin3
-5.8%Revenue growth, 20233
-$640.9KFree cash flow3

Where the money goes

Where each dollar of revenue went, fiscal 2023

  • Cost of revenue51¢$1.9M
  • Selling, general and admin49¢$1.9M

Out of $2.3M in revenue.3 The company lost money this year.

Financial statements

Revenue456783$2.3M in 2023−91% since 2017
0$10.0M$20.0M$30.0M2017: $24.6M$24.6M20172018: $18.4M$18.4M2018−25%2019: $10.3M$10.3M2019−44%2020: $4.5M$4.5M2020−57%2021: $2.4M$2.4M2021−46%2022: $2.5M$2.5M2022+2%2023: $2.3M$2.3M2023−6%
Gross profit456783$379.5K in 2023−77% since 2017
0$500.0K$1.0M$1.5M$2.0M2017: $1.6M$1.6M20172018: $1.6M$1.6M2018−1%2019: $1.1M$1.1M2019−32%2020: $1.1M$1.1M2020+1%2021: $869.5K$869.5K2021−21%2022: $418.0K$418.0K2022−52%2023: $379.5K$379.5K2023−9%
Operating income456783-$1.5M in 2023−73% since 2017
-$6.0M-$4.0M-$2.0M02017: -$5.6M-$5.6M20172018: -$2.1M-$2.1M2018−63%2019: -$5.6M-$5.6M2019+173%2020: -$1.7M-$1.7M2020−69%2021: -$2.0M-$2.0M2021+14%2022: -$1.8M-$1.8M2022−8%2023: -$1.5M-$1.5M2023−17%
Net income456783-$2.2M in 2023−72% since 2017
-$8.0M-$6.0M-$4.0M-$2.0M02017: -$7.8M-$7.8M20172018: -$5.8M-$5.8M2018−26%2019: -$7.1M-$7.1M2019+23%2020: -$4.3M-$4.3M2020−39%2021: -$1.9M-$1.9M2021−57%2022: -$2.7M-$2.7M2022+42%2023: -$2.2M-$2.2M2023−17%
Fiscal year2017201820192020202120222023
Revenue$24.6M4$18.4M5$10.3M6$4.5M7$2.4M8$2.5M3$2.3M3
Cost of revenue$23.0M4$16.8M5$9.2M6$3.4M7$1.6M8$2.0M3$1.9M3
Gross profit$1.6M4$1.6M5$1.1M6$1.1M7$869.5K8$418.0K3$379.5K3
Selling, general and admin$6.9M4$3.4M5$3.0M6$2.8M7$2.8M8$2.2M3$1.9M3
Operating income-$5.6M4-$2.1M5-$5.6M6-$1.7M7-$2.0M8-$1.8M3-$1.5M3
Interest$1.6M11$10.8K3
Income tax$504
Net income-$7.8M4-$5.8M5-$7.1M6-$4.3M7-$1.9M8-$2.7M3-$2.2M3
Earnings per share-$0.057$0.008-$0.953-$0.363
Earnings per share (diluted)$0.008-$0.953-$0.363

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Former names

  • Bantek Inc.Nov 16, 2018 to Feb 18, 20202
  • Drone USA Inc.May 8, 2017 to Sep 14, 20182

Recent filings

  1. Mar 19, 20258-K
  2. Mar 19, 20258-K
  3. Aug 19, 202410-Q QUARTERLY REPORT
  4. May 24, 2024S-1/A AMENDMENT NO. 2 TO FORM S-1
  5. May 16, 20248-K CURRENT REPORT
  6. May 15, 202410-Q QUARTERLY REPORT
  7. May 1, 20248-K CURRENT REPORT
  8. Mar 13, 202410-Q QUARTERLY REPORT
  9. Feb 5, 202410-K ANNUAL REPORT
  10. Dec 21, 20238-K CURRENT REPORT
  11. Nov 29, 2023S-1/A AMENDMENT NO. 1 TO FORM S-1
  12. Nov 22, 2023S-1 REGISTRATION STATEMENT
  13. Nov 6, 20238-K CURRENT REPORT
  14. Oct 18, 20238-K CURRENT REPORT
  15. Sep 13, 20238-K CURRENT REPORT

Every filing from the last three years, summarized. The full record is on SEC EDGAR.1

Sources

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