Blue Star Foods Issues Shareholder Letter from CEO
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 14 2024
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Source: Newsfilter
Financial Performance: Blue Star Foods Corp. reported a 50.4% reduction in total liabilities year-over-year, improving its balance sheet and increasing shareholder equity by over $4.6 million.
Challenges Faced: The company is dealing with reputational issues stemming from alleged libel and slander by a former landlord, which has impacted operations at its subsidiary, Taste of BC Aquafarm.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
