Blue Star Foods (BSFC) AI Stock Analysis

• Market Cap: $167.22K
• Dividend Yield: N/A
• Average Volume (3M): 2.18M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.68
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 21
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Packaged Foods
• EPS (TTM): -5.42
• Shares Outstanding: 41,804,280
• 10 Day Avg. Volume: 4,901,704
• 30 Day Avg. Volume: 2,175,124
• PEG Ratio: <0.01
• Price to Book (P/B): -1.96
• Price to Sales (P/S): 0.10
• P/FCF Ratio: -0.06
• Enterprise Value/Market Cap: 0.00
• Enterprise Value/Revenue: 0.00
• Enterprise Value/Gross Profit: 0.00
• Enterprise Value/Ebitda: 0.00
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): -100
• Revenue Forecast (FY): $22.27M

• Rating: 39 Underperform
• Price Target: $0.00 ▼(-100.00% Downside)

The overall stock score is primarily driven by significant financial distress, including declining revenues, persistent losses, high leverage, and negative cash flows. Technical analysis indicates a bearish trend with weak momentum, while poor valuation metrics further weigh on the score. The absence of earnings call insights and corporate events leaves these areas unaddressed.

Positive Factors

Revenue Growth

The significant increase in Q2 revenue indicates a positive trend in sales, suggesting effective strategic changes and potential for sustained growth.

Strategic Partnerships

Partnerships with distributors like KeHE enhance market reach and distribution capabilities, potentially driving long-term revenue growth and market presence.

Operational Efficiency

Aligning operating expenses with revenue levels reflects improved cost management, which can enhance profitability and financial stability over time.

Negative Factors

Financial Distress

Persistent financial distress, including declining revenues and negative cash flows, poses a risk to the company's long-term viability and requires strategic intervention.

High Leverage

High leverage increases financial risk and limits flexibility, potentially impacting the company's ability to invest in growth and weather economic downturns.

Negative Profit Margins

Negative profit margins indicate ongoing operational challenges, which could hinder profitability and require strategic adjustments to improve cost efficiency.

Blue Star Foods Business Overview & Revenue Model

Company Description

Blue Star Foods (BSFC) is a seafood company primarily engaged in the sustainable harvesting, processing, and distribution of high-quality seafood products. The company specializes in producing and selling crab meat, including blue crab and red swimming crab, and other related seafood products. Blue Star Foods operates within the food industry, focusing on delivering premium seafood to diverse markets while emphasizing sustainability and environmental responsibility.

How the Company Makes Money

Blue Star Foods generates revenue through the sale of its seafood products to a variety of customers, including wholesalers, retailers, and foodservice companies. The company's revenue model is centered on sourcing seafood from sustainable fisheries and selling processed and packaged products. Key revenue streams include direct sales of crab meat and other seafood products. Significant factors contributing to its earnings include its commitment to sustainable fishing practices, which appeals to environmentally conscious consumers, and its ability to maintain a consistent supply chain of high-quality seafood. Additionally, strategic partnerships with distributors and retailers help expand its market reach and drive sales.

Blue Star Foods Financial Statement Overview

Summary

Blue Star Foods exhibits significant financial distress across its income statement, balance sheet, and cash flow statement. The company faces declining revenues, persistent losses, high leverage, and negative cash flows. These issues indicate substantial financial risks and highlight the need for strategic changes to improve financial health and sustainability.

Income Statement

Blue Star Foods has experienced a significant decline in revenue over the years, with the most recent annual report showing a 41.3% decrease from the previous year. The company has consistently reported negative gross profit margins, which are a significant concern for profitability. Net profit margins have also been negative, indicating persistent losses. Both EBIT and EBITDA margins are deeply negative, reflecting ongoing operational challenges.

Balance Sheet

The company has a negative stockholders' equity, indicating a precarious financial position. The high debt levels compared to equity suggest significant financial leverage, posing a risk of insolvency. The equity ratio is negative, reflecting the excess of liabilities over assets. These factors indicate a weak balance sheet with considerable financial instability.

Cash Flow

Operating cash flows have been negative, indicating challenges in generating cash from operations. Free cash flow is also negative, highlighting the inability to cover capital expenditures and other obligations. The company relies heavily on financing activities to sustain operations, which may not be sustainable long-term.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.27M	3.59M	6.12M	12.77M	9.97M	14.11M
Gross Profit	-978.55K	-1.29M	158.08K	-651.99K	1.99M	1.49M
EBITDA	-9.63M	-10.41M	-2.70M	-10.87M	-1.91M	-3.12M
Net Income	-10.55M	-12.48M	-4.47M	-19.09M	-3.46M	-6.21M
Balance Sheet
Total Assets	1.27M	2.55M	6.36M	8.68M	15.95M	7.82M
Cash, Cash Equivalents and Short-Term Investments	82.77K	326.85K	24.16K	9.26K	1.16M	55.64K
Total Debt	59.09K	866.71K	1.03M	6.68M	4.08M	4.89M
Total Liabilities	2.97M	2.75M	3.77M	9.92M	7.04M	7.84M
Stockholders Equity	-1.70M	-191.70K	2.59M	-1.25M	8.91M	-19.72K
Cash Flow
Free Cash Flow	-2.30M	-6.30M	-3.69M	-3.92M	-4.83M	4.52M
Operating Cash Flow	-2.28M	-6.20M	-3.53M	-3.62M	-4.83M	4.58M
Investing Cash Flow	-17.50K	-101.74K	-159.61K	-695.27K	-773.41K	343.24K
Financing Cash Flow	2.27M	6.42M	3.68M	3.08M	6.48M	-4.80M

Blue Star Foods Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.01
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BSFC, the sentiment is Negative. The current price of 0.01 is below the 20-day moving average (MA) of 0.01, below the 50-day MA of 0.02, and below the 200-day MA of 0.05, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 42.05 is Neutral, neither overbought nor oversold. The STOCH value of -5.93 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BSFC.

Blue Star Foods Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
HCWC	44 Neutral	$9.14M	―	―	―	―	―
SOWG	43 Neutral	$8.80M	-0.55	-84.22%	―	-81.88%	-672.01%
FAMI	42 Neutral	$1.91M	-0.16	-3.22%	―	-49.19%	-394.71%
BSFC	39 Underperform	$167.22K	―	―	―	―	―

Blue Star Foods Corporate Events

Blue Star Foods COO Miozotis Ponce Resigns

On June 2, 2025, Miozotis Ponce resigned as the Chief Operating Officer of Blue Star Foods Corp., effective June 30, 2025, to pursue other endeavors. Her resignation was not due to any disagreement with the company, and Blue Star Foods has decided not to appoint a new COO at this time.