Blue Star Foods Corp.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-3.6M | $-12.5M | $-4.5M | $-13.2M | $-2.6M | $-4.4M | $-5.0M | $-2.3M |
| Depreciation & Amortization | $27.0K | $5.9K | $4.5K | $584.4K | $385.0K | $268.3K | $215.1K | $64.0K |
| Depreciation | $27.0K | $5.9K | $4.5K | $231.5K | $104.6K | $33.4K | $66.0K | $64.0K |
| Amortization | — | — | — | $315.4K | $244.9K | $162.5K | $20.4K | $7.3K |
| Stock-Based Compensation | $3.8K | $3.0K | $69.1K | $187.4K | $530.5K | $139.4K | $2.3M | — |
| Net Cash from Operating Activities | $-674.6K | $-6.2M | $-3.5M | $-3.6M | $-4.8M | $4.6M | $1.6M | $3.6M |
| Investing Activities | ||||||||
| Capital Expenditures | $9.9K | $101.7K | $159.6K | $296.8K | — | $55.5K | $9.0K | $26.7K |
| Business Acquisitions | — | — | — | $398.5K | $790.6K | — | $260.7K | — |
| Net Cash from Investing Activities | $-9.9K | $-101.7K | $-159.6K | $-695.3K | $-773.4K | $343.2K | $-269.7K | $-26.7K |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | $76.3K | — | — | — | — | — |
| Net Cash from Financing Activities | $443.3K | $6.4M | $3.7M | $3.1M | $6.5M | $-4.8M | $-1.5M | $-3.3M |
| Net Change in Cash | $-312.4K | $302.7K | $14.9K | $-1.1M | $817.8K | $141.9K | $-151.4K | $288.4K |
| Free Cash Flow | $-684.5K | $-6.3M | $-3.7M | $-3.9M | — | $4.5M | $1.6M | $3.6M |