Blue Star Foods Returns to Growth with 78% Increase in Revenue and 84% Reduction in Net Loss for its Q3 2025

Rhea-AI Summary

Blue Star Foods (OTCQB: BSFC) reported Q3 2025 results filed Nov 12, 2025 showing a return to growth and sharply reduced losses.

Key metrics for the three months ended Sept 30, 2025: revenues $462,260 (+78%), gross profit $427,816 with a record gross margin 92.5%, operating loss $412,788 (down 84%, includes $128,273 non-cash), adjusted EBITDA loss $284,515, and net loss $480,965 (down 84%, includes $160,850 non-cash).

Positive

• Revenue +78% to $462,260 in Q3 2025
• Gross profit $427,816; record gross margin 92.5%
• Operating loss reduced 84% to $412,788 (includes $128,273 non-cash)

Negative

• Net loss remains $480,965 in Q3 2025 (includes $160,850 non-cash)
• Adjusted EBITDA still negative at a $284,515 loss

Highest Gross Margins of 92.5% in Company History

Miami, FL, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (OTCQB: BSFC), an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS), today announced that its Quarterly Report for the three and nine months ended September 30, 2025 was filed on November 12, 2025.

John Keeler, Chairman and CEO of Blue Star Foods, commented, “Our results demonstrate the previous and continued right-sizing that we have undergone in order to increase our operating and business efficiencies. As we had predicted, we have returned to strong revenue growth and greatly reduced our losses. Previously expensed inventory has been successfully sold through, which drives our gross margins, a new Company record high. Our team has solidified new partners and is relaunching product initiatives, which are expected to further improve our revenue growth. We look forward to sharing our strategic plans as they continue to roll-out and be successfully executed by our business development and sales teams.”

Q3 2025 Key Highlights:

• Revenues increased 78% to $462,260 as a result of an increase in inventory sold with an increase in pricing. 
• Gross profit increased to $427,816; representing a gross margin of 92.5%.
• Operating loss decreased 84% to $412,788, including $128,273 of NON-Cash expenses.
• Adjusted EBITDA loss improved to $284,515.
• Net loss decreased 84% to $480,965, including $160,850 of NON-Cash expenses
  

About Blue Star Foods Corp. (OTCQB: BSFC)
Blue Star Foods Corp. an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS) that processes, packages and sells high-value seafood products. The Company believes it utilizes best-in-class technology, in both resource sustainability management and traceability, and ecological packaging. The Company also owns and operates the oldest continuously operating Recirculating Aquaculture System (RAS) full grow-out salmon farm in North America. The company is based in Miami, Florida, and its corporate website is: https://bluestarfoods.com

Forward-Looking Statements:
The foregoing material may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, each as amended. Forward-looking statements include all statements that do not relate solely to historical or current facts, including without limitation statements regarding the Company’s product development and business prospects, and can be identified by the use of words such as “may,” “will,” “expect,” “project,” “estimate,” “anticipate,” “plan,” “believe,” “potential,” “should,” “continue” or the negative versions of those words or other comparable words. Forward-looking statements are not guarantees of future actions or performance. These forward-looking statements are based on information currently available to the Company and its current plans or expectations and are subject to a number of risks and uncertainties that could significantly affect current plans. Risks concerning the Company’s business are described in detail in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, and other periodic and current reports filed with the Securities and Exchange Commission. The Company is under no obligation to, and expressly disclaims any such obligation to, update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.

Investor Contacts:
investors@bluestarfoods.com

FAQ

What were Blue Star Foods (BSFC) revenues for Q3 2025?

Blue Star reported $462,260 in revenues for Q3 2025, a 78% increase.

How high was Blue Star Foods' gross margin in Q3 2025?

Gross margin reached a record 92.5% in Q3 2025 with gross profit of $427,816.

How much did Blue Star Foods reduce its net loss in Q3 2025?

Net loss decreased 84% to $480,965, which included $160,850 of non-cash expenses.

What is Blue Star Foods' adjusted EBITDA for Q3 2025?

Adjusted EBITDA loss improved to a $284,515 loss for Q3 2025.

When was Blue Star Foods' Q3 2025 report filed?

The quarterly report for the three and nine months ended Sept 30, 2025 was filed on November 12, 2025.

What non-cash expenses were reported by Blue Star Foods in Q3 2025?

Q3 2025 included $128,273 of non-cash operating expenses and $160,850 of non-cash expenses in net loss.