Ardmore Shipping Corporation (ASC) — Financial statements
Income statement, balance sheet, and cash flow for Ardmore Shipping Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 310↓23.6% | 406↑2.5% | 396↓11.2% | 446↑131.6% | 192 | |
| Cost of Revenue | 204↓18.2% | 249↑9.0% | 229↓8.5% | 250↑35.7% | 184 | |
| Gross Profit | 106↓32.1% | 156↓6.5% | 167↓14.5% | 196↑2329.3% | 8 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 20↓13.1% | 23↓7.1% | 25↑4.7% | 24↑25.6% | 19 | |
| Selling & Marketing Expenses | 5↑2.4% | 5 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 25↓10.6% | 28↑11.1% | 25↑4.7% | 24↑25.6% | 19 | |
| Other Expenses | 0.00 | 0.00↓100.0% | 10↑30.5% | 8↑116.4% | 4 | |
| Operating Expenses | 25↓10.6% | 28↓20.9% | 35↑11.0% | 32↑40.0% | 23 | |
| Total Costs & Expenses | 229↓17.4% | 277↑5.0% | 264↓6.3% | 282↑36.1% | 207 | |
| Operating Results | ||||||
| Operating Income | 81↓36.8% | 128↓2.6% | 132↓19.5% | 164↑1208.8% | -15 | |
| Depreciation & Amortization | 34↓0.1% | 34↑21.8% | 28↓5.0% | 29↓7.7% | 32 | |
| EBITDA | 81↓54.6% | 178↑13.0% | 158↓15.0% | 186↑1771.9% | 10 | |
| EBIT | 47↓67.4% | 145↑11.1% | 130↓16.8% | 156↑817.6% | -22 | |
| Interest & Other Income | ||||||
| Net Interest Income | -5↓4.0% | -5↑48.3% | -10↑36.3% | -15↑7.6% | -16 | |
| Interest Income | 0.96↓47.4% | 2↓0.1% | 2↑286.0% | 0.47↑755.0% | 0.06 | |
| Interest Expense | 6↓9.8% | 7↓40.6% | 11↓26.6% | 16↓5.1% | 16 | |
| Non-Operating Income | 34↑308.6% | -16↓1087.6% | 2↓77.4% | 7↑3.5% | 7 | |
| Other Income / Expenses | -40↓906.2% | 5↑134.2% | -14↑42.2% | -25↓13.8% | -22 | |
| Income Before Tax | 41↓69.0% | 133↑13.6% | 117↓15.4% | 139↑478.0% | -37 | |
| Income Tax Expense | 0.24↑12.1% | 0.22↓50.6% | 0.44↑110.1% | 0.21↑38.0% | 0.15 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 41↓69.2% | 133↑13.9% | 117↓15.6% | 138↑475.9% | -37 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 41↓69.2% | 133↑13.9% | 117↓15.6% | 138↑475.9% | -37 | |
| Bottom-Line Net Income | 36↓72.0% | 129↑13.4% | 113↓16.0% | 135↑454.6% | -38 | |
| EPS (Basic) | 0.89↓71.2% | 3.09↑12.0% | 2.76↓24.0% | 3.63↑436.1% | -1.08 | |
| EPS (Diluted) | 0.88↓71.2% | 3.06↑12.9% | 2.71↓23.0% | 3.52↑425.9% | -1.08 | |
| Weighted Average Shares | 47↑11.9% | 42↑1.3% | 41↑10.5% | 37↑9.9% | 34 | |
| Weighted Average Diluted Shares | 41↓2.9% | 42↑0.5% | 42↑9.0% | 38↑13.2% | 34 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.