Name: Ardmore Shipping Corporation (ASC) Financial Statements
Creator: FinSpry

Ardmore Shipping Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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Ardmore Shipping Corporation income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018
Revenue & Gross Profit
Revenue	405.78	395.98	445.74	192.48	220.06	230.04	210.18
Cost of Revenue	249.46	228.87	232.90	184.44	151.37	0.00	133.28
Gross Profit	156.33	167.11	212.84	192.48	68.69	230.04	76.90
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	28.04	25.24	24.11	111.58	17.90	22.95	15.86
Operating Expenses	28.04	35.44	53.38	209.29	50.09	117.82	86.52
Operating Income	128.29	131.67	159.45	-16.80	18.60	112.22	-9.62
Other Income/Expense
Interest Income	1.82	3.40	0.47	0.06	0.28	0.00	0.61
Interest Expense	6.78	11.75	-15.54	14.58	-18.17	0.00	22.74
Other Income/Expense	4.93	-3.80	2.96	0.32	-0.11	109.22	-12.27
Income
Income Before Tax	133.22	118.28	138.66	-36.37	-5.85	-22.80	-42.78
Income Tax Expense	0.22	0.44	0.21	0.15	0.20	0.06	0.16
Net Income	133.01	116.81	138.45	-36.83	-6.05	-22.86	-42.94
Net Income - Continuous Operations	133.01	116.81	138.45	-36.83	0.00	0.00	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA	178.39	157.85	188.73	12.11	50.79	36.28	15.10
EBIT	140.00	130.03	159.45	-19.60	18.60	3.96	-20.04
Depreciation & Amortization	33.88	27.82	29.28	31.70	32.19	0.00	0.00
Earnings Per Share
Basic EPS	3.00	3.00	4.00	-1.00	-	-	-1.00
Diluted EPS	3.00	3.00	4.00	-1.00	-	-1.00	-1.00
Basic Shares Outstanding	41.66	41.13	37.24	33.88	33.24	33.10	32.84
Diluted Shares Outstanding	42.04	41.79	38.36	33.88	33.24	33.13	32.84