Blue Star Foods Q1 FY26 net loss narrows to $735,313; revenue drops 74% to $250,259

Blue Star Foods Corp.

Blue Star Foods Corp.

BSFC

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  • Blue Star Foods posted a net loss of $735,313 for the quarter ended March 31, 2026, narrowing from the prior-year quarter.
  • Revenue dropped 74% to $250,259, reflecting lower poundage sold.
  • Gross profit fell to $8,747, pressured by an inventory allowance adjustment.
  • Cash totaled $16,948, with a working capital deficit of $3.13 million; inventory was $355,572 and accounts receivable $93,425.
  • Legal disputes included a British Columbia lease proceeding awaiting a court decision, and a Florida suit seeking about $250,000 over rancid 2022 shipments.


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