Filing Flows › Blue Star Foods (BSFC) › Q4 2024
Blue Star Foods (BSFC) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Jun 23, 2025
Blue Star Foods (BSFC) reported revenue of $1.6M for the fourth quarter 2024 (Q4 2024), +63% from a year earlier and +531% from the quarter before. Operating margin was -339.1%, net loss $6.1M (373.1% of revenue).
Blue Star Foods, Q4 2024: revenue $1.6M (+62% year over year), operating margin -339.1%, net loss $6.1M, operating cash flow −$1.9M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.6M | +531% | +63% |
| Operating profit | −$5.6M | — | — |
| Net earnings | −$6.1M | — | — |
| Operating cash flow | −$1.9M | — | — |
What changed
Revenue was $1.6M in Q4 2024, up 63% year over year and up 531% from the previous quarter.
Operating costs exceeded revenue by $5.6M, an operating margin of -339.1%. Total costs grew 191% against revenue growth of 63%. The fastest-growing cost line was Other operating costs (+255%). The quarter ended with a net loss of $6.1M, wider than the previous quarter's $3.0M loss.
Operating cash flow was −$1.9M. Non-cash charges added back $2K of depreciation and amortization and $4K of share-based compensation. Working capital and other items added $4.2M. Capital expenditures of $8K exceeded it, leaving free cash flow of −$1.9M.
Questions
What was Blue Star Foods' revenue in the fourth quarter 2024?
Blue Star Foods (BSFC) reported revenue of $1.6M for the fourth quarter 2024 (Q4 2024), +63% from a year earlier and +531% from the quarter before.
Was Blue Star Foods profitable in the fourth quarter 2024?
Operating loss was $5.6M (-339.1% of revenue) and net loss $6.1M.
Source: Blue Star Foods 10-K on SEC EDGAR.