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Bantec, Inc.
BANT•PNK
Industrials
Aerospace & Defense
$0.00
$0.00(0.00%)

Over the last four quarters, Bantec, Inc. achieved steady financial progress, growing revenue from $504685.00 in Q4 2023 to $751035.00 in Q3 2024. Gross profit stayed firm with margins at 14% in Q3 2024 versus 15% in Q4 2023. Operating income totaled -$380945.00 in Q3 2024, maintaining a -51% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at -$380686.00. Net income rose to -$574869.00, with EPS at -$0.03. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.
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