Crowdonomics
All companies

Blue Star Foods Corp.

Public

Food & Beverage · West Palm Beach, FL

Estimated pre-money ⓘ
$150K
As of Feb 2026 · from Reg A Offering (2026) · our estimate: offering price × shares outstanding, not a stated valuation
Total raised
$22,000
Crowd $0 · Private $22K · 2 rounds since 2019
Latest share price
$0.001
Reg A Offering (2026) offering price

Financials

FY2017–FY2025 · from SEC filings · hover any figure for its source
$32.2M
−$2.3M
2018
$23.8M
−$5.0M
2019
$14.1M
−$4.4M
2020
$10.0M
−$2.6M
2021
$12.8M
−$13.2M
2022
$6.1M
−$4.5M
2023
$3.6M
−$12.5M
2024
$2.9M
−$3.6M
2025
RevenueNet income — beside revenue when positive, below the line when a loss

Chart shows the most recent 8 fiscal years; 1 earlier year is in the table below.

Metric
FY2017 audited
FY2018 audited
FY2019 audited
FY2020 audited
FY2021 audited
FY2022 audited
FY2023 audited
FY2024 audited
FY2025 audited
Income statement
Revenue
$36,951,923
$32,165,933
$23,829,463
$14,111,368
$9,973,264
$12,767,145
$6,124,529
$3,593,881
$2,891,428
Cost of goods sold
$31,254,430
$27,227,664
$20,610,000
$12,623,576
$7,979,830
$13,419,133
$5,966,452
$4,882,871
$1,720,730
Gross margin
15%
15%
14%
11%
20%
-5%
3%
-36%
40%
Net income
$393,872
-$2,260,364
-$4,986,286
-$4,445,011
-$2,605,374
-$13,194,969
-$4,471,612
-$12,478,487
-$3,582,512
Taxes paid
—
$3,004
$4,413
$1,122
$2,100
—
—
—
—
Balance sheet
Cash
$29,377
$13,143
$153,904
$55,644
$1,155,513
$9,262
$24,163
$326,854
$14,436
Accounts receivable
$4,675,588
$4,333,727
$2,071,363
$1,082,468
$1,231,181
$813,416
$534,195
$420,065
$55,091
Total assets
$18,244,859
$18,297,466
$15,746,064
$7,821,905
$15,945,409
$8,678,477
$6,362,498
$6,184,882
$1,386,234
Short-term debt
$35,011
$31,230
$2,910,136
$1,299,712
—
$3,439,557
—
—
—
Long-term debt
$33,878
$31,200
—
—
$31,263
—
$481,329
$52,865
$34,631
Total liabilities
$19,497,407
$14,300,832
$16,265,776
$7,841,628
$7,038,441
$9,924,200
$3,767,576
$3,794,898
$3,742,736
Other
Headcount
—
—
—
—
—
—
—
14
6

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Pre-money — the valuation set before each round’s money came in
$150K
est. pre-money
Reg A+ · Equity · Feb 2026

Dotted grey bars are our estimate for rounds that didn't state one: the round's share price × the shares outstanding in its filings. Same measure as blue, but rougher.

Cap table

Share counts as of Aug 12, 2026
preferred stock · 0.89%Series A Super-Voting Preferred Stock · 0.89%Common stock · 98.2%
ClassOutstandingVotes / shareShare of totalVotesLast price
preferred stockpreferred(as of Jun 30, 2026)1,550,000—0.89%0.47%—
Series A Super-Voting Preferred Stockpreferred1,550,0001000.89%47.2%—
Common stock171,980,101198.2%52.4%—
Total175,080,101100%100%

Shares outstanding over timein today's share terms

167M83M0
Jan 2018Aug 2026
Common stockpreferred stockSeries A Super-Voting Preferred StockRound openedSplit / conversion

Changes in named holdersshares in today's terms · % of all shares at the time

Principal holders% as the filing states it, Aug 12, 2026

  • John Keeler2,048,495 Common Stock1.2%of
  • Jeffrey Guzy1,448,182 Common Stock—of votes
  • John Keeler1,550,000 Series A Super-Voting Preferred Stock—of votes
  • Nubar Herian484,514 Common Stock—of votes
  • Timothy McLellan965,690 Common Stock—of votes
  • Trond Ringstad965,695 Common Stock—of votes

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Raised $0 / $500KEst. pre-money $150.4K
Raised $22KInvestors 6

Team

5 people
John Keeler
Executive Chairman and Chief Executive Officer
Jeffrey J. Guzy
Director
Nubar Herian
Director
Timothy McLellan
Director
Trond Ringstad
Director

Names and titles as disclosed on SEC Form 1-A. Bios and photos come from the platform campaign page and may be out of date.

  • Form 1-A-WAug 20, 20260001493152-26-039461
    EDGAR
  • Form 1-A/AAug 12, 20260001493152-26-037452
    EDGAR
  • Form 10-QJul 31, 20260001493152-26-035660
    EDGAR
  • Form 10-QJul 16, 20260001493152-26-033571
    EDGAR
  • Form 10-KMay 22, 20260001493152-26-025031
    EDGAR
  • Form 1-A/AApr 7, 20260001493152-26-015346
    EDGAR
  • Form 1-AFeb 12, 20260001493152-26-006451
    EDGAR
  • Form 10-QNov 12, 20250001493152-25-021887
    EDGAR
Source: SEC EDGARCIK 0001730773DEShare price $0.001Last synced Aug 15, 2026

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.