Blue Star Foods Corp.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.9M | $3.6M | $6.1M | $12.8M | $10.0M | $14.1M | $23.8M | $32.2M |
| Cost of Revenue | $1.7M | $4.9M | $6.0M | $13.4M | $8.0M | $12.6M | $20.6M | $27.2M |
| Gross Profit | $1.2M | $-1.3M | $158.1K | $-652.0K | $2.0M | $1.5M | $3.2M | $4.9M |
| Gross Margin | 40.5% | -35.9% | 2.6% | -5.1% | 20.0% | 10.5% | 13.5% | 15.4% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | $14.0K |
| Operating Income | $-2.3M | $-10.1M | $-4.2M | $-11.6M | $-2.8M | $-1.8M | $-4.0M | $-1.3M |
| Operating Margin | -80.9% | -281.5% | -69.1% | -91.0% | -27.9% | -12.8% | -16.6% | -3.9% |
| Interest Expense | $447.3K | $2.1M | $1.8M | $1.7M | $320.5K | $870.3K | $1.1M | $1.0M |
| Pretax Income | — | — | — | — | — | — | — | $-14.0K |
| Income Tax Expense | — | — | — | — | $2.1K | $1.1K | $4.4K | $3.0K |
| Net Income | $-3.6M | $-12.5M | $-4.5M | $-13.2M | $-2.6M | $-4.4M | $-5.0M | $-2.3M |
| Net Margin | -123.9% | -347.2% | -73.0% | -103.4% | -26.1% | -31.5% | -20.9% | -7.0% |
| EPS (Basic) | $-0.10 | $-4.15 | $-3.67 | $-0.04 | $-0.01 | $-0.02 | $-0.03 | $-0.01 |
| EPS (Diluted) | $-0.10 | $-4.15 | $-3.67 | $-0.04 | $-0.01 | $-0.02 | $-0.03 | $-0.01 |
| Shares Outstanding (Basic) | 37.4M | 3.0M | 61.0M | 301.9M | 260.5M | 219.1M | 194.4M | 181.8M |
| Shares Outstanding (Diluted) | 37.4M | 3.0M | 1.2M | 301.9M | 260.5M | 219.1M | 194.4M | 181.8M |
| Dividends Per Share | — | — | — | — | — | — | — | — |