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Bantec Inc   (BANT)
Other Ticker:  
 
    Sector  Capital Goods    Industry Aerospace & Defense
   Industry Aerospace & Defense
   Sector  Capital Goods
 

BANT's Revenue Growth by Quarter and Year

Bantec Inc 's Revenue results by quarter and year




BANT Revenue (in millions $) FY 2023 FY 2022 FY 2021 FY 2020
IV Quarter September - 0.94 0.39 0.83
III Quarter June 0.59 0.75 0.62 1.14
II Quarter March 0.62 0.37 0.66 1.06
I Quarter December 0.61 0.40 0.75 1.42
FY   1.82 2.46 2.42 4.45



BANT Revenue third quarter 2023 Y/Y Growth Comment
Bantec Inc reported decline in Revenue in the third quarter 2023 by -21.29% to $ 0.59 millions, from the same quarter in 2022.
The contraction in the third quarter 2023 Bantec Inc 's Revenue compares unfavorably to the Company's average Revenue decline of -17.32%.

Looking into third quarter 2023 results within Aerospace & Defense industry 13 other companies have achieved higher Revenue growth. While Bantec Inc ' s Revenue fall of -21.29% ranks overall at the positon no. 1773 in the third quarter 2023.




BANT Revenue ( Y/Y Growth %) 2023
2022 2021 2020
IV Quarter September - 141.03 % -53.01 % -51.18 %
III Quarter June -21.29 % 20.97 % -45.61 % -47.71 %
II Quarter March 67.57 % -43.94 % -37.74 % -60.15 %
I Quarter December 52.5 % -46.67 % -47.18 % -62.13 %
FY   - 1.65 % -45.62 % -56.75 %

Financial Statements
Bantec Inc 's third quarter 2023 Revenue $ 0.59 millions BANT's Income Statement
Bantec Inc 's third quarter 2022 Revenue $ 0.75 millions Quarterly BANT's Income Statement
New: More BANT's historic Revenue Growth >>


BANT Revenue (Quarter on Quarter Growth %)

2023
2022 2021 2020
IV Quarter September - 25.33 % -37.1 % -27.19 %
III Quarter June -4.79 % 102.7 % -6.06 % 7.55 %
II Quarter March 1.64 % -7.5 % -12 % -25.35 %
I Quarter December -35.11 % 2.56 % -9.64 % -16.47 %
FY (Year on Year)   - 1.65 % -45.62 % -56.75 %




Revenue third quarter 2023 Y/Y Growth Company Ranking
Within: No.
Aerospace & Defense Industry #14
Capital Goods Sector #126
Overall #1773

Revenue Y/Y Growth Statistics
High Average Low
74.5 % -17.32 % -61.97 %
(Mar 31 2019)   (Jun 30 2020)
Revenue third quarter 2023 Y/Y Growth Company Ranking
Within: No.
Aerospace & Defense Industry #14
Capital Goods Sector #126
Overall #1773
Revenue Y/Y Growth Statistics
High Average Low
74.5 % -17.32 % -61.97 %
(Mar 31 2019)   (Jun 30 2020)

Revenue by Quarter for the Fiscal Years 2020, 2021, 2022, 2023

Bantec Inc 's Q/Q Revenue Growth


Revenue Q/Q Growth Statistics
High Average Low
102.96 % -5.16 % -37.56 %
(Jun 30 2022)  


BANT's III. Quarter Q/Q Revenue Comment
In the III. Quarter 2023 Bantec Inc realized fall in Revenue sequentially by -4.79% to $ 0.59 millions, from $ 0.62 millions declared a quarter before.

Even seasonal influence could not rescue the III. Quarter for the Bantec Inc , Ginevra Bianchi, a business contributor wrote, she identified additional challenges onward for BANT and continued that average sequential Revenue growth is at -5.16% for BANT.

Within Aerospace & Defense industry 27 other companies have achieved higher Revenue quarter on quarter growth. While Bantec Inc 's Revenue growth quarter on quarter, overall rank is 2941.


Revenue Q/Q Growth Company Ranking
Within: No.
Aerospace & Defense Industry #28
Capital Goods Sector #203
Overall #2941
Revenue Q/Q Growth Company Ranking
Within: No.
Aerospace & Defense Industry #28
Capital Goods Sector #203
Overall #2941
Revenue Q/Q Growth Statistics
High Average Low
102.96 % -5.16 % -37.56 %
(Jun 30 2022)  


BANT's III. Quarter Q/Q Revenue Comment
In the III. Quarter 2023 Bantec Inc reported fall in Revenue sequentially by -4.79% to $ 0.59 millions, from $ 0.62 millions achived a quarter before.

Even seasonal influence which normally elevate III. Quarter 2023 results, it clearly was not sufficient to salvage BANT's III. Quarter 2023 achievement, Ginevra Bianchi, a business contributor said.

Within Aerospace & Defense industry 27 other companies have achieved higher Revenue quarter on quarter growth. While Bantec Inc 's Revenue growth quarter on quarter, overall rank is 2941.


Bantec Inc 's 12 Months Revenue Growth Year on Year


Revenue TTM Growth

12 Months Ending
(Jun 30 2023)
12 Months Ending
(Mar 31 2023)
12 Months Ending
(Dec 31 2022)
12 Months Ending
(Sep 30 2022)
12 Months Ending
(Jun 30 2022)
Cumulative Revenue 12 Months Ending $ 2.76 $ 2.92 $ 2.67 $ 2.47 $ 1.91
Y / Y Revenue Growth (TTM) 44.55 % 63.95 % 28.49 % 1.78 % -33.31 %
Year on Year Revenue Growth Overall Ranking # 3306 # 3135 # 3545 # 0 # 3439
Seqeuential Revenue Change (TTM) -5.49 % 9.48 % 8.27 % 29.02 % 7.2 %
Seq. Revenue Growth (TTM) Overall Ranking # 1847 # 3140 # 3238 # 0 # 1053




Cumulative Revenue growth Comment
Assuming the Bantec Inc 's fiscal year would have ended in Jun 30 2023, Bantec Inc would have reprted above average annual Revenue growth of 44.55% year on year, of $ 3 millions.
This marks a slow-down of the companys growth trends and from the 63.95% increase in Mar 31 2023.

In the Capital Goods sector 211 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 3135 to 3306.

Revenue TTM Q/Q Growth Statistics
High Average Low
74.5 %
-17.32 %
-61.97 %
 

Revenue TTM Y/Y Growth Company Ranking
Within: No.
Aerospace & Defense Industry # 15
Capital Goods Sector # 212
Overall # 3306

Revenue TTM Y/Y Growth Statistics
High Average Low
74.5 %
-17.32 %
-61.97 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 15
Sector # 133
S&P 500 # 1847
Cumulative Revenue growth Comment
Assuming the Bantec Inc 's fiscal year would have ended in Jun 30 2023, Bantec Inc would have reprted above average annual Revenue growth of 44.55% year on year, of $ 3 millions.
This marks a slow-down of the companys growth trends and from the 63.95% increase in Mar 31 2023.

In the Capital Goods sector 211 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 3135 to 3306.

Revenue TTM Q/Q Growth Statistics
High Average Low
74.5 %
-17.32 %
-61.97 %
 


Revenue TTM Y/Y Growth Company Ranking
Within: No.
Aerospace & Defense Industry # 15
Capital Goods Sector # 212
Overall # 3306

Revenue TTM Y/Y Growth Statistics
High Average Low
74.5 %
-17.32 %
-61.97 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 15
Sector # 133
S&P 500 # 1847




Other Revenue Growth
Aerospace & Defense Industry Revenue Growth Trends and Statistics
Capital Goods Sector Revenue Growth Statistics
Revenue Growth Trends for overall market
BANT's Revenue Growth Ratio versus Aerospace & Defense Industry, Capital Goods Sector and total Market
Highest Ranking Revenue Growth
Lowest Ranking Revenue Growth
Revenue Growth for BANT's Competitors
Revenue Growth for Bantec Inc 's Suppliers
Revenue Growth for BANT's Customers

You may also want to know
BANT's Annual Growth Rates BANT's Profitability Ratios BANT's Asset Turnover Ratio BANT's Dividend Growth
BANT's Roe BANT's Valuation Ratios BANT's Financial Strength Ratios BANT's Dividend Payout Ratio
BANT's Roa BANT's Inventory Turnover Ratio BANT's Growth Rates BANT's Dividend Comparisons



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