---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-032420"
form_type: "8-K"
ticker: "BSFC"
cik: "0001730773"
company_name: "Blue Star Foods Corp."
filed_at: "2022-11-15T23:59:59+00:00"
generated_at: "2026-06-21T18:39:09.950088+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Blue Star Foods Q3 revenue down 35% YoY to $2.4M; net loss widens to $3.7M

## Summary
- Q3 2022 revenue $2.4M vs $3.7M a year ago; gross loss of $1.5M vs gross profit of $0.7M.
- Net loss $3.7M (incl. $1.6M non-cash/one-time items); adjusted EBITDA loss $1.8M.
- Nine-month revenue up 28% to $10.7M; net loss $6.2M vs $1.1M in prior-year period.
- Soft-shell crab RAS contributed $1.0M revenue since March 2022; inventory $6.1M.
- Goal to double 2022 revenue from $10M; first commercial harvest at new RAS facility targeted for Q4 2023.

## SEC filing metadata
- accession: 0001493152-22-032420
- form_type: 8-K
- ticker: BSFC
- cik: 0001730773
- company_name: Blue Star Foods Corp.
- filed_at: 2022-11-15T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1730773/000149315222032420/0001493152-22-032420-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1730773/000149315222032420/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-032420
- JSON: https://secwatch.observer/filing/0001493152-22-032420.json
- Plain text: https://secwatch.observer/filing/0001493152-22-032420.txt

## Key facts
- Earnings Releases
  Blue Star Foods Corp. reported three months ended September 30, 2022 results: revenue $2.4 million, net income Net loss of $3.7 million.
  - Period: three months ended September 30, 2022
  - Revenue: $2.4 million
  - Net income: Net loss of $3.7 million
  - Result: reported results
  source text: Key Financial Highlights for the Three Months Ended September 30, 2022 ■ Revenue of $2.4 million ■ Soft-shell crab RAS revenue increased to $0.5 million ■ Net loss of $3.7 million (included $1.6 million of non-cash or one-time non-recurring expenses)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1730773/000149315222032420/0001493152-22-032420-index.htm
- Earnings Releases
  Blue Star Foods Corp. reported nine months ended September 30, 2022 results: revenue $10.7 million, net income Net loss of $6.2 million.
  - Period: nine months ended September 30, 2022
  - Revenue: $10.7 million
  - Net income: Net loss of $6.2 million
  - Result: reported results
  source text: Key Financial Highlights for the Nine Months Ended September 30, 2022 ■ Revenue increased 28% to $10.7 million ■ Soft-shell crab RAS revenue increased to $1.0 million ■ Net loss of $6.2 million (included $3.0 million of non-cash or one-time non-recurring expenses)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1730773/000149315222032420/0001493152-22-032420-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.