earnings
confidence high
sentiment neutral
materiality 0.65
Blue Star Foods Q2 rev $3.0M (+39%), net loss $1.4M; soft-shell crab RAS adds $0.5M
Blue Star Foods Corp.
2023-Q2 EPS reported
-$2.00
revenue$8,283,168
- Revenue $3.0M (+39% YoY); H1 revenue $8.3M (+79% YoY).
- Net loss Q2 $1.4M (up 229% YoY), EPS ($0.06); H1 net loss $2.5M (up 172% YoY).
- Soft-shell crab RAS contributed $0.5M revenue in Q2; new facility in Jasper County, SC expected to start operations Q2 2023.
- Cash $2.6M as of June 30; inventory $5.7M.
- Appointed Miozotis Ponce as COO; Silvia Alana and Juan Carlos Dalto to Board.