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BALCAO · PREPARED FRESH OR FROZEN FISH & SEAFOODS · SMALL CAP

Blue Star Foods Corp. BSFC

9 fiscal years on record · USD · FY2025 reported · SEC filings only
$2.9M
▼ 19.5% YoY
$-3.6M
$-684,475

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

We are an international seafood company based in Miami, Florida that imports, packages and sells refrigerated pasteurized crab meat, and other premium seafood products. We sell our products to food service wholesalers, retail establishments and seafood distributors. Our subsidiary companies procure, grow, harvest, import and distribute high value seafood lines including but not limited to pasteurized, frozen and fresh crabmeat as well as steelhead salmon. Coastal Pride is a seafood company, based in Beaufort, South Carolina, that imports pasteurized and fresh crab meat (Portunus Pelagicus, Portunus Haanii and Callinectes) sourced primarily from Mexico and Latin America and sells premium branded label crab meat throughout North America.

Written from the business description in Blue Star Foods Corp.'s annual report to the U.S. Securities and Exchange Commission, filed 22 May 2026. Every sentence was checked against that document before publication.

Growth

USD 2.9M
Revenue, FY2025 · full 9-year series below
Revenue $M Net income $M
FY2025 · Revenue 2.9 · Net income -3.6
15M30M-5M-10M
2017202020232025
Compound annual growth
−39.0%
−27.2%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −27.2% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−124 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -80.9% · Net -123.9%
-100%-200%-300%
201720212025
ROE

Not applicable: equity was zero or negative in this period, so return on equity has no meaning.

Three returns, three denominators.
Return on equityNot applicable: equity was zero or negative in this period, so return on equity has no meaning.
Return on capital employedNot applicable: capital employed was zero or negative in this period, so return on capital employed has no meaning.

Cash & shareholders

·
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -0.7
2.0M4.0M-2.5M-5.0M
201720212025
Net buybacks $M Dividends $M
FY2023 · Dividends · · Net buybacks -1.7
-1M-2M
2023

Total assetsUSD 1.4M
EquityUSD -2.4M
CashUSD 14,436.00
Current ratio0.31×

Equity funds -170% of total assets.

The 9-year record

9 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
BSFC, 9-year financial record
Metric 202520242023202220212020201920182017
Revenue $B0.00.00.00.00.00.00.00.00.0
Operating income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.00.0
EBITDA $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.00.0
Income tax $B◌◌◌◌0.00.00.00.0◌
Net income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.00.0
Free cash flow $B−0.0−0.0−0.0−0.0◌0.00.00.0−0.0
EPS, diluted $−0.10−4.15−43.99−0.52−0.12−0.25−0.31−0.150.03
Dividend / sh $◌◌◌◌◌◌◌◌◌
Payout % — not applicable: no dividend—————————
ROE % — not applicable: negative equity—————————
Shares out B0.090.010.020.030.020.020.020.020.01

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

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Provenance

Company facts, as filed

How we verify · 0 failures in 46 reconciliationsAUDITED

Reconciled in 9 of the 9 fiscal years we could check. 20 checks were skipped: the balance sheet is not tagged before 2017. 10 checks were skipped: EPS is not tagged before 2017. 10 checks were skipped: revenue is not tagged before 2017.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityPrepared Fresh or Frozen Fish & Seafoods
Listed onOTC market
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2016

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