Blue Star Foods Corp.

BSFCD Consumer Defensive Packaged Foods

Blue Star Foods Corp.’s revenue for fiscal 2025 (year ended December 2025) was $2.9 million, down 19.5% from fiscal 2024.

Revenue
−54.6%
EPS
+98.9%
Free cash flow
−123.1%
Total debt
+701.4%

Quarter to June 2026, against a year earlier

0.20 0.00 0.00%
Market cap
$960.0K
P/E
0.0×
Fwd P/E
2.3×
Dividend yield
—
F-score
4/9
Altman Z
−56.03
Beneish M
−14.66
Dividend safety
n/a

Insider Decisions last twelve months

Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 0.00%

Capital & Financial Ratios $m

Size
Market Cap 0.96
Revenue ttm 1.54
Net income ttm (2.53)
Free cash flow ttm (0.58)
Net debt Q 0.38
Valuation
P/E 0.01
Forward P/E 2.26
Price / sales 0.01
Forward P/S Powerpack
Price / FCF 0.00
Price / book 0.00
Financial health
Current ratio Q 0.26 (below 1: weak)
Debt / equity Q (0.13) (negative: negative equity)
Interest coverage Q (7.40)
Growth
Revenue growth Q −54.59% (below 0%: shrinking)
Operating income growth Q +68.70% (above 0%: growing)
EPS, this year +91.60% (at or above 15%: strong)
EPS, next year A —
Revenue, next year A −100.00% (below 0%: weak)
EPS, past 5 yrs —
EPS, next 5 yrs A —

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/S against its own 10 years 0.94%
10-year low 10-year high
EV/Sales against its own 10 years 18.11%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 0 0 0 0
Receivables 1 0 0 0
Inventory 3 0 0 0
Other 1 1 1 1
4 2 1 1
2023 2024 2025 Q'26
Payables 1 0 1 1
ST’ Debt 0 0 0 0
Other 2 1 0 0
3 3 4 4

Compound Annual Growth %

10y 5y 3y
Sales — (27.17%) (39.05%)
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 0.00% 0.00%

EPS $

Mar Jun Sep Dec Year
’26 (8.43) (0.75) — — —
’25 (138.37) (65.28) (44.32) 88.43 (159.55)
’24 (4.04k) (2.80k) (1.85k) 1.77k (6.92k)
’23 (96.00k) (48.80k) (216.18) 74.32k (70.40k)
’22 (0.04) (96.00k) (240.00k) (432.00k) (43.71k)
’21 (0.02) (0.02) (0.01) (0.07) (0.12)
’20 (0.05) (0.20) 0.00 0.00 (0.24)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 0 1 — — —
’25 1 1 0 0 3
’24 1 1 0 2 4
’23 2 2 2 1 6
’22 5 3 2 2 13
’21 2 2 4 2 10
’20 5 3 4 3 14
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 0 0 — — —
’25 0 0 0 0 (1)
’24 (1) (2) (2) (2) (6)
’23 (1) 0 (2) 0 (4)
’22 (3) (1) 0 0 (4)
’21 0 0 (1) (4) (5)
’20 2 1 1 1 5
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 0 0 — — —
’25 0 0 0 0 (1)
’24 (1) (2) (2) (2) (6)
’23 (1) 0 (2) 0 (4)
’22 (3) (1) 0 0 (4)
’21 0 0 (1) (4) (5)
’20 2 1 1 1 5
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — — 32 24 14 10 13 6 4 3 2 (29.1%) — — — —
Gross margin, % — — 15.35 13.51 10.54 19.99 (5.11) 2.58 (35.87) 40.49 73.46 +25.1 pt
EBT — 0 (2) (5) (4) (3) (13) (4) (12) (4) (3) +211.9%
EBT margin, % — 0.00 (7.08) (21.07) (31.45) (26.12) (103.35) (73.01) (347.21) (123.90) (164.25) (123.9) pt
Net income — 0 (2) (5) (4) (3) (13) (4) (12) (4) (3) n/m
Per share, $
Per share, $ Revenue — 0.00 2.12 1.47 0.77 0.46 42,557.33 61,245.00 1,996.61 128.51 17.67 n/m
Earnings — — (0.15) (0.31) (0.24) (0.12) (43,706.04) (70,400.00) (6,918.83) (159.55) 34.93 +170.6%
Cash flow — (0.06) 0.24 0.10 0.25 (0.22) (12,062.67) (35,307.00) (3,442.17) (29.98) (6.68) +115.7%
Capex — 0.00 0.00 0.00 0.02 0.00 (989.33) (1,596.00) (56.50) (0.44) 0.00 n/m
Free cash flow — (0.06) 0.24 0.10 0.27 (0.22) (13,052.00) (36,903.00) (3,498.67) (30.42) (6.68) +116.1%
Book value — 0.58 (0.05) (0.03) 0.00 0.41 (4,152.33) 25,949.00 (106.50) (104.73) (34.10) n/m
Shares, m — 0 15 16 18 22 0 0 0 0 0 +17.4%
Valuation, ×
Valuation, × P/E — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.0
P/S — — 2,597,024.74 2,597,024.74 4,595,620.56 5,676,759.83 15.87 0.18 0.10 0.02 0.01 1,933,305.8
P/B — — 0.00 0.00 0.00 6,356,352.17 0.00 0.43 0.00 0.00 0.00 794,544.1
EV/Sales — — 2,597,025.00 2,597,025.00 4,595,620.72 5,676,760.02 16.31 0.30 0.04 0.16 0.26 1,933,305.9
EV/FCF — — 11,135,906.45 11,135,906.45 13,161,496.60 (12,818,046.75) (53.17) (0.50) (0.02) (0.67) (0.67) 2,826,901.0
Cash, $m
Cash, $m Operating cash flow — 0 4 2 5 (5) (4) (4) (6) (1) (1) +153.1%
Capex — — 0 0 0 0 0 0 0 0 0 (13.2%)
Free cash flow — 0 4 2 5 (5) (4) (4) (6) (1) (1) +153.6%
Balance, $m
Balance, $m Working capital — 0 (1) (3) (3) 3 (3) 1 0 (3) (3) n/m
Net debt — 0 8 7 2 2 6 1 0 0 0 n/m
Shareholders’ equity — 0 (1) (1) 0 9 (1) 3 0 (2) (3) n/m
Returns, %
Returns, % ROA — (16.00) (33.78) (34.89) (38.68) (22.16) (107.17) (59.46) (279.88) (181.82) (183.43) (165.8) pt
ROIC — 0.00 (11.21) (35.74) (52.22) (16.11) (167.25) (79.94) 0.00 0.00 0.00 0.0 pt
ROE — 11.76 558.08 761.54 1,690.06 (59.27) (344.46) (662.85) (1,038.49) 281.17 116.68 +269.4 pt
People
People Employees — — — 18 16 20 35 39 11 11 — (7.9%)
Revenue/emp, $m — — 0.00 1.32 0.88 0.50 0.36 0.16 0.33 0.26 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 2 Nov 2026

Blue Star Foods Corp. vs peers in Packaged Foods (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
NCRA Nocera, Inc. $3.4M — (loss-making) — −28.52% (below 0%: shrinking) n/m −194.28% (below 0%: shrinking) 0.84% (54.90%) Compare
PAVS Paranovus Entertainment Technology Ltd. $2.4M — (loss-making) — (loss-making) −8.96% (below 0%: shrinking) −582.47% (below 0%: shrinking) +88.21% (above 0%: growing) 5.59% 0.00% Compare
ORISF Oriental Rise Holdings Limited $2.3M — — — — −105.36% (below 0%: shrinking) — — Compare
MEHA Functional Brands Inc. $1.9M — (loss-making) — +2.07% (above 0%: growing) n/m −209.98% (below 0%: shrinking) 59.89% (70.59%) Compare
CYAN Cyanotech Corporation $1.7M — (loss-making) 2.4× +11.12% (above 0%: growing) n/m +204.00% (above 0%: growing) 42.38% 7.00% Compare
ATPC Agape ATP Corporation $1.3M — (loss-making) — −93.38% (below 0%: shrinking) n/m +77.69% (above 0%: growing) 86.13% (4,021.90%) Compare
BSFCD Blue Star Foods Corp. $960.0K 0.0× 2.3× −54.59% (below 0%: shrinking) n/m −123.09% (below 0%: shrinking) 55.80% (29.04%)
STKH Steakholder Foods Ltd. Sponsored ADR $440.0K — (loss-making) — — n/m +35.62% (above 0%: growing) 0.00% 0.00% Compare
RKDA Arcadia Biosciences, Inc. $400.0K — (loss-making) — (loss-making) −0.82% (below 0%: shrinking) n/m +82.11% (above 0%: growing) 43.73% (34.37%) Compare
Median of peers $1.8M — — −4.89% — +56.66% 42.38% (34.37%)

All 68 Packaged Foods stocks →

Pay and ownership Proxy statement filed 12 November 2024

Ownership

Directors and executive officers, together 1.20%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Blue Star Foods Corp. (BSFCD) Latest News

24 Mar

Impact 4 · · GlobeNewswire

18 Feb

28 Nov

14 Oct

Impact 4 · · GlobeNewswire

25 Mar

Impact 4 · · GlobeNewswire

8 Dec

27 Nov

Impact 4 · · GlobeNewswire

18 Sep

Impact 3 · · GlobeNewswire

11 Sep

7 Sep

stockrow.com/BSFCD · Data as of Nov 2, 2026 · For information only; not investment advice. · © 2026 stockrow.com