Private company
Bantec, Inc.
Bantec, Inc. is an American aircraft company based in Little Falls.1
Last updated Oct 21, 2026.
Overview
- IndustryAircraft1
- HeadquartersLittle Falls, New Jersey1
- Incorporated inDE2
- Business address195 Paterson Avenue, Little Falls, Nj 074242
- Filer category, Emerging growth company2
See how the biggest companies compare on our leaderboards
USA consists mainly of resellers of drones who sell to law enforcement, fire departments, security companies and the U.S. government.3 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2023
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.4 The company lost money this year.
Financial statements
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenue | $24.6M5 | $18.4M6 | $10.3M7 | $4.5M8 | $2.4M9 | $2.5M4 | $2.3M4 |
| Cost of revenue | $23.0M5 | $16.8M6 | $9.2M7 | $3.4M8 | $1.6M9 | $2.0M4 | $1.9M4 |
| Gross profit | $1.6M5 | $1.6M6 | $1.1M7 | $1.1M8 | $869.5K9 | $418.0K4 | $379.5K4 |
| Selling, general and admin | $6.9M5 | $3.4M6 | $3.0M7 | $2.8M8 | $2.8M9 | $2.2M4 | $1.9M4 |
| Operating expenses | $2.2M4 | $1.9M4 | |||||
| Operating income | -$5.6M5 | -$2.1M6 | -$5.6M7 | -$1.7M8 | -$2.0M9 | -$1.8M4 | -$1.5M4 |
| Interest | $1.6M12 | $10.8K4 | |||||
| Income before tax | -$2.7M4 | -$2.2M4 | |||||
| Income tax | $505 | ||||||
| Net income | -$7.8M5 | -$5.8M6 | -$7.1M7 | -$4.3M8 | -$1.9M9 | -$2.7M4 | -$2.2M4 |
| Earnings per share | -$0.058 | $0.009 | -$0.954 | -$0.364 | |||
| Earnings per share (diluted) | $0.009 | -$0.954 | -$0.364 | ||||
| Shares (weighted, basic) | 3.4M shares4 | 6.6M shares4 | |||||
| Shares (weighted, diluted) | 3.4M shares4 | 6.6M shares4 |
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Cash | $152.5K6 | $108.4K7 | $149.8K8 | $164.0K8 | $986.0K9 | $186.4K4 | $35.4K4 |
| Receivables | $420.0K4 | $138.6K4 | |||||
| Inventory | $92.9K4 | $178.1K4 | |||||
| Current assets | $2.1M5 | $2.5M6 | $1.1M7 | $593.4K8 | $1.2M9 | $703.9K4 | $367.1K4 |
| Property, plant and equipment | $1.5K4 | $1.5K4 | |||||
| Total assets | $6.0M5 | $6.2M6 | $1.1M7 | $741.0K8 | $1.5M9 | $738.9K4 | $495.9K4 |
| Accounts payable | $2.7M4 | $2.2M4 | |||||
| Current liabilities | $12.4M5 | $14.6M6 | $14.7M7 | $16.8M8 | $15.9M9 | $16.5M4 | $8.4M4 |
| Long-term liabilities | $127.5K4 | $8.9M4 | |||||
| Total liabilities | $12.4M5 | $15.3M6 | $16.0M7 | $18.7M8 | $16.3M9 | $16.6M4 | $17.3M4 |
| Retained earnings | -$35.6M4 | -$37.9M4 | |||||
| Shareholders’ equity | -$6.4M6 | -$9.2M7 | -$14.9M7 | -$17.9M8 | -$14.8M4 | -$16.6M4 | -$17.3M4 |
| Shares outstanding | 43.5M shares13 | 1.0B shares5 | 3.3M shares7 | 1.0B shares7 | 2.7B shares8 | 5.9B shares9 | 9.3M shares4 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Cash from operations | -$478.8K5 | -$794.4K6 | -$1.1M7 | -$491.0K8 | -$1.6M9 | -$1.6M4 | -$639.4K4 |
| Depreciation and amortization | $8.9K4 | $1.5K4 | |||||
| Stock-based compensation | $69.1K4 | ||||||
| Capital spending | $25.3K6 | $15.6K7 | $1.5K4 | ||||
| Free cash flow | -$819.6K | -$1.1M | -$640.9K | ||||
| Cash from investing | -$1.5K4 | ||||||
| Cash from financing | $844.6K4 | $490.0K4 |
Corporate structure
Bantec, Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Bantec, Inc.
- J. P. CAREY LTD PARTNERS, LP Filed SCHEDULE 13G on Bantec, Inc., latest May 20, 2024
- Trillium Partners LP/CT Filed SC 13G/A on Bantec, Inc., latest Oct 6, 2022
- Bantec, Inc. Little Falls, New Jersey
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Bantec, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Accumulated depreciation | $123.0K9 Sep 30, 2022 | $70.8K9 Sep 30, 2021 | +73.7% |
| Property and equipment, net | $1.5K4 Sep 30, 2023 | $1.5K4 Sep 30, 2022 | +5.5% |
| Operating-lease assets (leased space) | $127.3K4 Sep 30, 2023 | $33.6K4 Sep 30, 2022 | +279.2% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $35.4K4 Sep 30, 2023 | $186.4K4 Sep 30, 2022 | −81.0% |
Inventory
Leadership
Who has led Bantec, Inc., and when. Pick a name to see everywhere that person has worked.
- Chief executive officerMichael John Bannon Jul 17, 2017 to May 22, 201814
- PresidentMichael John Bannon Jul 17, 2017 to May 22, 201814
Board members and other officers (2)
- Board memberMichael John Bannon Jul 17, 2017 to May 22, 201814
- Board memberRodrigo Rangel Kuntz Jul 17, 2017 to Jul 17, 201715
Former names
Timeline
- Mar 19, 20258-K Entered a material agreement; New debt or obligation; Unregistered sale of shares16
- Mar 19, 20258-K Entered a material agreement; New debt or obligation; Unregistered sale of shares17
- May 16, 20248-K Other events18
- May 1, 20248-K Regulation FD disclosure19
- Dec 21, 20238-K Entered a material agreement; New debt or obligation; Unregistered sale of shares20
- Nov 6, 20238-K Entered a material agreement; New debt or obligation; Unregistered sale of shares21
- Oct 18, 20238-K Entered a material agreement22
- Sep 13, 20238-K Entered a material agreement; New debt or obligation; Unregistered sale of shares23
- Aug 15, 20238-K Entered a material agreement; New debt or obligation24
- Jul 28, 20238-K Entered a material agreement; New debt or obligation; Unregistered sale of shares25
- Jul 26, 20228-K Entered a material agreement; Unregistered sale of shares26
- Jan 14, 20228-K Entered a material agreement27
- Jul 17, 2017New chief executive Michael John Bannon becomes CEO14
Filings
61 filings to the SEC since October 2021: 3 annual reports, 10 quarterly reports, 13 major events, 2 large holders, 33 other. The latest 20:
- Jul 11, 202515-12G EDGAR
- Mar 19, 20258-K EDGAR
- Mar 19, 20258-K EDGAR
- Dec 30, 2024NT 10-K NOTIFICATION OF LATE FILING EDGAR
- Aug 19, 202410-Q QUARTERLY REPORT EDGAR
- Aug 14, 2024NT 10-Q NOTIFICATION OF LATE FILING EDGAR
- Jun 3, 2024EFFECT EDGAR
- May 28, 2024POS AM POST EFFECTIVE AMENDMENT NO. 1 TO FORM S-1 EDGAR
- May 24, 2024S-1/A AMENDMENT NO. 2 TO FORM S-1 EDGAR
- May 20, 2024SCHEDULE 13G EDGAR
- May 16, 20248-K CURRENT REPORT EDGAR
- May 15, 202410-Q QUARTERLY REPORT EDGAR
- May 1, 20248-K CURRENT REPORT EDGAR
- Mar 13, 202410-Q QUARTERLY REPORT EDGAR
- Feb 14, 2024NT 10-Q NOTIFICATION OF LATE FILING EDGAR
- Feb 5, 202410-K ANNUAL REPORT EDGAR
- Dec 26, 2023NT 10-K NOTIFICATION OF LATE FILING EDGAR
- Dec 21, 20238-K CURRENT REPORT EDGAR
- Dec 1, 2023EFFECT EDGAR
- Nov 29, 2023CORRESP EDGAR
The 61 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- J. P. CAREY LTD PARTNERS, LPSCHEDULE 13G, 1 filing May 20, 202428
- Trillium Partners LP/CTSC 13G/A, 1 filing Oct 6, 202229
SEC filer profile
How Bantec, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARBantec, Inc.1
- CIK0001704795
- Employer ID (EIN)30-09679431
- Filer status<br>emerging growth company1
- Incorporated inDelaware1
- Fiscal year endsSeptember 301
- Industry code (SIC)3721 Aircraft1
- SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
- Business address195 Paterson Avenue, Little Falls, NJ 074241
- Phone203-220-22961
- Shares outstanding53,508,254 as of Aug 16, 202411
- Public float$6.9K as of Mar 31, 20234
- On EDGAR sinceMay 8, 20171
- Filings201 in all: 8-K (66), 10-Q (22), CORRESP (18), UPLOAD (13), EFFECT (10), 10-K (7), NT 10-Q (7), POS AM (7)1
All 28 form types
S-1 (7), NT 10-K (6), 10-12G/A (4), DEF 14C (4), PRE 14C (4), S-1/A (4), SC 13G (3), 10-Q/A (2), 144 (2), 3 (2), 4 (2), 8-K/A (2), SC 13G/A (2), 10-12G (1), 10-K/A (1), 15-12G (1), AW (1), DEL AM (1), RW (1), SCHEDULE 13G (1)
- Latest filingsAnnual report (10-K) Feb 5, 2024
Quarterly report (10-Q) Aug 19, 2024
Latest 8-K (8-K) Mar 19, 2025
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARBantec, Inc. filings on SEC EDGAR
- 2SEC EDGARBantec, Inc. filings on SEC EDGAR
- 3
- 4SEC EDGARBantec, Inc. 10-K for fiscal 2023
- 5SEC EDGARBantec, Inc. 10-K for fiscal 2017
- 6SEC EDGARBantec, Inc. 10-K for fiscal 2018
- 7SEC EDGARBantec, Inc. 10-K for fiscal 2019
- 8SEC EDGARBantec, Inc. 10-K for fiscal 2020
- 9SEC EDGARBantec, Inc. 10-K for fiscal 2021
- 10SEC EDGARBantec, Inc. 10-Q for fiscal 2024
- 11SEC EDGARBantec, Inc. 10-Q for fiscal 2024
- 12SEC EDGARBantec, Inc. 10-K for fiscal 2020
- 13SEC EDGARBantec, Inc. 10-K for fiscal 2017
- 14
- 15SEC EDGARRodrigo Rangel Kuntz, Board member
- 16
- 17
- 18SEC EDGAROther events
- 19SEC EDGARRegulation FD disclosure
- 20
- 21
- 22SEC EDGAREntered a material agreement
- 23
- 24
- 25
- 26
- 27SEC EDGAREntered a material agreement
- 28
- 29