Blue Star Foods Returns to Growth with 85% Increase in Revenue and 68% Reduction in Net Loss for its Q2 2025

Rhea-AI Summary

Blue Star Foods (OTCQB:BSFC), a sustainable seafood company specializing in Recirculatory Aquaculture Systems (RAS), reported significant financial improvements in Q2 2025. The company achieved an 85% revenue increase to $1.17 million and a 68% reduction in net loss to $651,818.

Key financial metrics include a 532% increase in gross profit to $252,690 and a 44% decrease in operating loss to $493,875. The company has implemented strategic initiatives, including right-sizing operating expenses and strengthening its sales team. New partnerships with KeHE and the relaunch of Crab Meat Pouch & Meals products are expected to drive further growth.

Positive

• None.

Negative

• Company still operating at a significant net loss of $651,818
• Substantial portion of expenses ($276,024) are non-cash items

Recent Initiatives with KeHE and Crab Meat Pouch Expected to Improve Growth

Miami, FL, Aug. 25, 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 six months ended June 30, 2025 was filed on August 19.

John Keeler, Chairman and CEO of Blue Star Foods, commented, “Over the past several months, we have right-sized our operating expenses to match our revenue levels, resulting in a reduction in losses. We have re-positioned and re-focused our sales team with new hires who have assisted in our return to revenue growth. New partners such as KeHE and relaunching product initiatives like our Crab Meat Pouch & Meals are expected to further improve our revenue growth. Our team is focused on creating optimal partnerships to drive profitable revenue growth with existing and new distribution partners.”

Q2 2025 Key Highlights:

• Revenues increased 85% to $1,172,340 as a result of an increase in inventory sold with an increase in pricing. 
• Gross profit increased 532% to $252,690. 
• Operating loss decreased 44% to $493,875, including $138,012 of NON-Cash expenses
• Adjusted EBITDA loss improved to $355,863
• Net loss decreased 68% to $651,818. Including $276,024 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, 2023, 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 was Blue Star Foods (BSFC) revenue growth in Q2 2025?

Blue Star Foods reported an 85% increase in revenue to $1,172,340 in Q2 2025, driven by increased inventory sales and higher pricing.

How much did Blue Star Foods (BSFC) reduce its net loss in Q2 2025?

The company reduced its net loss by 68% to $651,818, which includes $276,024 in non-cash expenses.

What new partnerships did Blue Star Foods (BSFC) announce in Q2 2025?

Blue Star Foods announced a new partnership with KeHE and relaunched their Crab Meat Pouch & Meals product line to drive revenue growth.

How much did Blue Star Foods' (BSFC) gross profit improve in Q2 2025?

Blue Star Foods reported a 532% increase in gross profit to $252,690 during Q2 2025.

What steps has Blue Star Foods (BSFC) taken to improve performance?

The company has right-sized operating expenses, restructured and strengthened its sales team with new hires, and established new strategic partnerships to drive profitable revenue growth.