For the year ending 2025-12-31, BSFC made $2,891,428 in revenue. -$3,582,512 in net income. Net profit margin of -123.90%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Revenue, net | 2,891,428 | 3,593,881 | ||
| Cost of revenue | 1,720,730 | 4,882,871 | ||
| Gross profit | 1,170,698 | -1,288,990 | ||
| Commissions | 885 | 4,490 | ||
| Salaries and wages | 1,074,800 | 1,668,585 | ||
| Director compensation | 552,048 | - | ||
| Depreciation and amortization | 26,988 | 5,866 | ||
| Other operating expenses | 1,854,527 | 7,147,468 | ||
| Loss from operations | -2,338,550 | -10,115,399 | ||
| Other income | 890,883 | 51,926 | ||
| Change in fair value of derivative liabilities | 49,565 | - | ||
| Change in fair value of convertible notes | -1,323,039 | - | ||
| Loss on settlement of debt | -414,082 | - | ||
| Interest expense | 447,289 | 2,060,718 | ||
| Change in fair value of derivative and warrant liabilities | - | 354,296 | ||
| Net loss | -3,582,512 | -12,478,487 | ||
| Net loss attributable to common stockholders | -3,582,512 | -12,478,487 | ||
| Basic EPS | -0.1 | -4.15 | ||
| Diluted EPS | -0.1 | -4.15 | ||
| Basic Average Shares | 37,424,012 | 3,005,923 | ||
| Diluted Average Shares | 37,424,012 | 3,005,923 | ||
Blue Star Foods Corp. (BSFC)
Blue Star Foods Corp. (BSFC)