BSFC Overview

Record Gross Margins: Blue Star Foods Corp. reported a record gross margin of 92.5% for Q3 2025, driven by increased inventory sales and pricing adjustments.

Revenue Growth: The company experienced a 78% increase in revenues, totaling $462,260, as a result of improved sales performance.

Reduced Losses: Operating loss decreased by 84% to $412,788, with net loss also down 84% to $480,965, indicating improved financial health.

Future Plans: CEO John Keeler highlighted ongoing strategic initiatives and partnerships aimed at further enhancing revenue growth and operational efficiency.

Company Overview: Blue Star Foods Corp. is an ESG sustainable seafood company focused on Recirculatory Aquaculture Systems (RAS) and has recently filed its Quarterly Report for Q2 2025.

Financial Performance: The company reported an 85% increase in revenues to $1,172,340, a 532% rise in gross profit, and a 68% decrease in net loss, indicating improved financial health.

Strategic Initiatives: New partnerships, particularly with KeHE, and product launches like the Crab Meat Pouch & Meals are expected to drive further revenue growth.

Management Insights: CEO John Keeler emphasized efforts to align operating expenses with revenue levels and enhance the sales team to support profitable growth.

Stock Offering Announcement: Blue Star Foods (BSFC) has filed to sell 18.53 million shares of common stock for its holders.

Market Inclusion Update: The company has also announced its inclusion on the OTCQB Venture Market.

Delisting from Nasdaq: Blue Star Foods Corp. announced it will be delisted from Nasdaq due to a violation of the Minimum Bid Price Requirement and will begin trading on OTC Markets starting December 20, 2024.

Company's Position: Despite the delisting, CEO John Keeler emphasized that the company's operations remain strong with revenue growth and a solid cash position, while also highlighting benefits of the OTC listing such as reduced public company costs.

Nutanix Financial Results: Nutanix, Inc. shares rose 8.8% in pre-market trading after reporting first-quarter earnings of 42 cents per share and sales of $590.96 million, both exceeding analyst expectations.

Stock Movements: Various stocks saw significant movements in pre-market trading, with notable gainers including HWH International Inc. (+82.1%) and Cyclerion Therapeutics, Inc. (+72.8%), while Primega Group Holdings Limited experienced a sharp decline of 89.2%.

Stock Buyback Announcement: Blue Star Foods Corp. has initiated a stock buyback program to repurchase up to $1.5 million of its common stock, reflecting the company's confidence in its business and belief that its shares are undervalued.

Company Overview: Blue Star Foods is an ESG-focused sustainable seafood company specializing in Recirculatory Aquaculture Systems (RAS) and operates North America's oldest full grow-out salmon farm, emphasizing resource sustainability and ecological packaging.