About Basanite Industries
Basanite Industries is a publicly listed company based in Pompano Beach (United States) founded in 2006. Concrete elements are manufactured by Basanite Industries for construction needs. The company has 2 employees. Its chief executive, as recorded, is Richard Krolewski. Basanite Industries offers products and services including BasaFlexâ„¢ and BasaMax. Its focus areas include Chemicals and Materials and Composites. Its legal entity is Basanite Industries, Inc.
Company details
Basanite Industries was established in 2006 as a manufacturer of concrete elements. Operations are centered in Pompano Beach, United States, where production focuses on precast concrete components for infrastructure and building projects. The company serves the construction sector by providing durable, standardized elements. Leadership is provided by CEO Richard Krolewski, with activities aligned to regional and national demands in the materials industry.
- Annual Revenue$67.46 K (USD)-84.48as on Dec 31, 2025
- Net Profit-$2.19 M (USD)-26.77as on Dec 31, 2025
- EBITDA-$1.13 M (USD)-79.63as on Dec 31, 2025
- Latest Funding Round$5.25M (USD), Post-IPO
Aug 2021
- Employee Count2
Products & Services of Basanite Industries
Basanite Industries offers a comprehensive portfolio of products and services, including BasaFlex™ and BasaMax.
BasaFlex™ is engineered as an enhanced Basalt Rebar for concrete structures, where it is utilized as a non-corrosive and sustainable alternative to steel reinforcement.
BasaMax is provided as a composite material product that is applied in construction for various reinforcement needs, contributing to durability and eco-friendly practices.
Apps and channels of Basanite Industries
its YouTube channel Basanite Industries has 73 subscribers and 2 videos.
Videos from Basanite Industries
The most watched videos on Basanite Industries's YouTube channel, Basanite Industries (73 subscribers). Click a video to play it here.
More on Basanite Industries.
Funding Insights of Basanite Industries
- Total Rounds 2
- Last Round Post-IPO — $5.25M
- First Round $338,000
(Oct 2019)
All 2 funding rounds of Basanite Industries with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2021 | $5.25M | Post-IPO | – | – | – |
| Oct 2019 | $338,000 | Post-IPO | – | – | – |
People of Basanite Industries
1 people are tracked at Basanite Industries (1 in leadership); the tracked headcount is 2.
| Name | Role | Group |
|---|---|---|
Richard Krolewski | CEO | Leadership |
Complete people profiles for Basanite Industries
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IPO & Listings of Basanite Industries
Basanite Industries is a publicly listed company on the OTC with ticker symbol BASA in USA, operating in the Consumer services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date25 Jun 2009
- Listed onOTCMKTS: BASA
- Listed entityBasanite Inc.
- Exchange sectorConsumer services
- ISINUS06975Q1004
- Share price$0.02 (-10.58% on the day) · 2026-10-13
- Market capitalisation$5.0M
- EPS (diluted, trailing year)$-0.01
- Volume (last session)95,903
Financials of Basanite Industries
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $67,460 | -$2.2M | -$1.1M |
| 2024 | $434,730 | -$1.7M | -$627,560 |
| 2023 | $376,100 | -$2.2M | -$1.4M |
| 2022 | $1.4M | -$5.0M | -$1.2M |
| 2021 | $193,190 | -$16.5M | -$9.4M |
Detailed financial statements for Basanite Industries
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Timeline of Basanite Industries
4 dated milestones of Basanite Industries across 15 years, from founding to its latest funding, stage changes and deals.
- Founded Basanite Industries is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $338K.
- Funding Latest funding round, Post-IPO, of $5.3M.
Top companies in Composites & High-Performance Materials
3 companies that operate in the same segment as Basanite Industries (Composites & High-Performance Materials) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Advanced materials solutions are developed for transportation and energy sectors. | 1984 | Norton, United States | USD 32.6 M | 92 | ||
Composite materials and engineered products are manufactured for industrial applications. | 2009 | Orange, California, United States | 76 | |||
Engineered composite solutions are supplied to industrial applications. | 1949 | Lincoln, Nebraska, United States | 215 |
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Related news about Basanite Industries
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Frequently Asked Questions about Basanite Industries
Basanite Industries was founded in 2006 and raised its 1st funding round 13 years after it was founded.
Basanite Industries is headquartered in Pompano Beach, United States. It is registered at Pompano Beach, Florida, United States.
Richard Krolewski is the CEO of Basanite Industries, as recorded in our data.
Basanite Industries has 2 employees.
Annual revenue of Basanite Industries is $67.46K as on Dec 31, 2025.
Basanite Industries was established in 2006 as a manufacturer of concrete elements. Operations are centered in Pompano Beach, United States, where production focuses on precast concrete components for infrastructure and building projects. The company serves the construction sector by providing durable, standardized elements. Leadership is provided by CEO Richard Krolewski, with activities aligned to regional and national demands in the materials industry.
Basanite Industries offers BasaFlexâ„¢ and BasaMax.
Yes, Basanite Industries is publicly traded on OTC under the ticker symbol BASA.
Basanite Industries operates through Basanite Industries, Inc.