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MIAMI - Blue Star Foods Corp. (OTCQB:BSFC), a sustainable seafood company focused on Recirculatory Aquaculture Systems (RAS), reported an 85% increase in revenue to $1.17 million for the second quarter of 2025, according to a press release statement. According to InvestingPro data, the company’s overall financial health score remains weak at 0.77, with analysts expecting sales growth of 5.2% for the full year 2025.
The company’s gross profit rose 532% to $252,690 compared to the same period last year, while its operating loss decreased 44% to $493,875, which included $138,012 in non-cash expenses. Net loss for the quarter declined 68% to $651,818, including $276,024 in non-cash expenses. InvestingPro analysis reveals concerning metrics, including negative gross profit margins of -23.62% over the last twelve months and significant debt obligations that may impact future performance.
Blue Star Foods attributed the revenue growth to increased inventory sold at higher prices. The company reported it has restructured its operating expenses to align with revenue levels and repositioned its sales team with new hires.
Recent initiatives, including a partnership with KeHE and the relaunch of its Crab Meat Pouch & Meals products, are expected to contribute to future revenue growth, according to the company.
Blue Star Foods processes, packages, and sells seafood products with a focus on sustainability management and ecological packaging. The company also owns what it claims is the oldest continuously operating Recirculating Aquaculture System full grow-out salmon farm in North America.
The company filed its Quarterly Report for the three and six months ended June 30, 2025, on August 19.
In other recent news, Blue Star Foods Corp. has announced a strategic national partnership with KeHE Distributors. This collaboration enables Blue Star Foods to leverage KeHE’s extensive distribution network, which includes 18 distribution centers and over 31,000 retail and online outlets across the United States. Through this partnership, Blue Star Foods has launched a new 6-ounce crab meat pouch product. KeHE Distributors is known for its focus on natural, organic, specialty, and fresh products, which aligns with Blue Star Foods’ offerings. These recent developments are part of Blue Star Foods’ efforts to expand its market reach and product availability nationwide.
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