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Income Statement (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Revenue | 1.2M | 22% |
| Gross Profit | 250,000 | 175.7% |
| Cost of Revenue | 920,000 | 5.8% |
| Operating expense | 1.7M | 13.8% |
| Net Income | -650,000 | 45.7% |
Balance Sheet (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Total Assets | 1.5M | 28.2% |
| Total Liabilities | 2.8M | 5.5% |
| Shares Outstanding | 17M | 3.5% |
Cash Flow (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Cash from operations | 200,000 | 152% |
| Cash from financing | -71,000 | 188.6% |
EPS
Financial Highlights for Blue Star Foods in Q2 '25
Blue Star Foods reported a revenue of 1.2M, which is a 22% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 250,000, marking a 175.7% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 920,000, a 5.8% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 1.7M, showing a -13.8% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was -650,000, showing a 45.7% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
It was a positive quarter for Blue Star Foods with growth in revenue, gross profit, and net income.
