Highest Gross Margins of 92.5% in Company History
Miami, FL, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., ("Blue Star," the "Company," "we," "our" or "us") (OTCQB: BSFC), an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS), today announced that its Quarterly Report for the three and nine months ended September 30, 2025 was filed on November 12, 2025.
John Keeler, Chairman and CEO of Blue Star Foods, commented, "Our results demonstrate the previous and continued right-sizing that we have undergone in order to increase our operating and business efficiencies. As we had predicted, we have returned to strong revenue growth and greatly reduced our losses. Previously expensed inventory has been successfully sold through, which drives our gross margins, a new Company record high. Our team has solidified new partners and is relaunching product initiatives, which are expected to further improve our revenue growth. We look forward to sharing our strategic plans as they continue to roll-out and be successfully executed by our business development and sales teams."
Q3 2025 Key Highlights:
- Revenues increased 78% to $462,260 as a result of an increase in inventory sold with an increase in pricing.
- Gross profit increased to $427,816; representing a gross margin of 92.5%.
- Operating loss decreased 84% to $412,788, including $128,273 of NON-Cash expenses.
- Adjusted EBITDA loss improved to $284,515.
- Net loss decreased 84% to $480,965, including $160,850 of NON-Cash expenses
About Blue Star Foods Corp. (OTCQB: BSFC)
Blue Star Foods Corp. an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS) that processes, packages and sells high-value seafood products. The Company believes it utilizes best-in-class technology, in both resource sustainability management and traceability, and ecological packaging. The Company also owns and operates the oldest continuously operating Recirculating Aquaculture System (RAS) full grow-out salmon farm in North America. The company is based in Miami, Florida, and its corporate website is: https://bluestarfoods.com
Forward-Looking Statements:
The foregoing material may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, each as amended. Forward-looking statements include all statements that do not relate solely to historical or current facts, including without limitation statements regarding the Company's product development and business prospects, and can be identified by the use of words such as "may," "will," "expect," "project," "estimate," "anticipate," "plan," "believe," "potential," "should," "continue" or the negative versions of those words or other comparable words. Forward-looking statements are not guarantees of future actions or performance. These forward-looking statements are based on information currently available to the Company and its current plans or expectations and are subject to a number of risks and uncertainties that could significantly affect current plans. Risks concerning the Company's business are described in detail in the Company's Annual Report on Form 10-K for the year ended December 31, 2024, and other periodic and current reports filed with the Securities and Exchange Commission. The Company is under no obligation to, and expressly disclaims any such obligation to, update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.
Investor Contacts:
investors@bluestarfoods.com
