See more : Raaj Medisafe India Limited (RAAJMEDI.BO) Income Statement Analysis – Financial Results
Complete financial analysis of Ardmore Shipping Corporation (ASC) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Ardmore Shipping Corporation, a leading company in the Marine Shipping industry within the Industrials sector.
You may be interested
- Allakos Inc. (ALLK) Income Statement Analysis – Financial Results
- SG Fleet Group Limited (SGF.AX) Income Statement Analysis – Financial Results
- Zhejiang Runtu Co., Ltd. (002440.SZ) Income Statement Analysis – Financial Results
- The Victory Bancorp, Inc. (VTYB) Income Statement Analysis – Financial Results
- Sprout AI Inc. (BYFMF) Income Statement Analysis – Financial Results
Ardmore Shipping Corporation (ASC)
About Ardmore Shipping Corporation
Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. As of February 15, 2022, the company operated a fleet of 25 double-hulled product and chemical tankers. It serves oil majors, oil companies, oil and chemical traders, chemical companies, and pooling service providers. The company was founded in 2010 and is based in Pembroke, Bermuda.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 395.98M | 445.74M | 192.48M | 220.06M | 230.04M | 210.18M | 195.94M | 164.40M | 157.88M | 67.33M | 35.87M | 25.17M | 22.38M |
| Cost of Revenue | 242.61M | 250.21M | 188.04M | 121.01M | 128.38M | 133.28M | 107.01M | 67.21M | 54.29M | 21.86M | 10.91M | 8.68M | 7.47M |
| Gross Profit | 153.37M | 195.53M | 4.44M | 99.05M | 101.66M | 76.90M | 88.93M | 97.19M | 103.59M | 45.47M | 24.96M | 16.49M | 14.90M |
| Gross Profit Ratio | 38.73% | 43.87% | 2.31% | 45.01% | 44.19% | 36.59% | 45.39% | 59.12% | 65.61% | 67.53% | 69.58% | 65.50% | 66.59% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 20.57M | 24.11M | 19.20M | 17.90M | 18.15M | 15.86M | 14.60M | 14.08M | 10.75M | 8.18M | 5.67M | 2.98M | 2.60M |
| Selling & Marketing | 4.68M | 4.17M | 3.13M | 2.78M | 3.19M | 3.23M | 2.62M | 2.02M | 329.75K | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 25.24M | 24.11M | 19.20M | 17.90M | 18.15M | 15.86M | 14.60M | 14.08M | 10.75M | 8.18M | 5.67M | 2.98M | 2.60M |
| Other Expenses | 0.00 | 11.97M | 5.17M | 62.55M | 67.35M | -3.64M | -2.92M | -2.72M | -2.12M | -2.03M | -1.42M | -441.49K | 0.00 |
| Operating Expenses | 25.24M | 36.08M | 24.37M | 80.45M | 85.50M | 86.52M | 80.41M | 73.19M | 59.29M | 39.66M | 25.31M | 18.01M | 14.79M |
| Cost & Expenses | 240.03M | 286.29M | 212.41M | 201.46M | 213.87M | 219.80M | 187.42M | 140.40M | 113.58M | 61.52M | 36.22M | 26.70M | 22.26M |
| Interest Income | 1.82M | 471.00K | 55.09K | 281.62K | 952.19K | 606.67K | 436.20K | 164.63K | 15.57K | 16.44K | 6.06K | 4.71K | 3.61K |
| Interest Expense | 11.41M | 15.54M | 16.77M | 18.17M | 26.76M | 27.41M | 21.38M | 17.75M | 12.28M | 4.12M | 3.46M | 2.71M | 2.79M |
| Depreciation & Amortization | 27.82M | 33.44M | 36.87M | 38.39M | 37.13M | 38.78M | 37.20M | 32.81M | 24.16M | 14.85M | 8.39M | 6.20M | 5.34M |
| EBITDA | 157.85M | 187.83M | 11.83M | 50.63M | 40.55M | 21.14M | 46.14M | 54.37M | 68.46M | 20.66M | 8.04M | 4.67M | 5.46M |
| EBITDA Ratio | 39.86% | 42.45% | 6.15% | 23.21% | 21.49% | 12.43% | 22.06% | 33.00% | 43.37% | 30.72% | 22.43% | 17.55% | 23.11% |
| Operating Income | 155.95M | 159.93M | -19.87M | 18.88M | 17.12M | -9.62M | 8.51M | 24.00M | 44.30M | 5.81M | -350.93K | -1.53M | 115.02K |
| Operating Income Ratio | 39.38% | 35.88% | -10.32% | 8.58% | 7.44% | -4.58% | 4.34% | 14.60% | 28.06% | 8.63% | -0.98% | -6.06% | 0.51% |
| Total Other Income/Expenses | -37.67M | -49.87M | -16.49M | -24.73M | -43.77M | -33.16M | -20.94M | -20.19M | -12.27M | -4.10M | -3.46M | -2.96M | -3.08M |
| Income Before Tax | 118.28M | 138.86M | -36.37M | -5.85M | -22.80M | -42.78M | -12.43M | 3.81M | 32.03M | 1.71M | -3.81M | -4.49M | -2.96M |
| Income Before Tax Ratio | 29.87% | 31.15% | -18.89% | -2.66% | -9.91% | -20.35% | -6.34% | 2.32% | 20.29% | 2.54% | -10.62% | -17.83% | -13.24% |
| Income Tax Expense | 435.00K | 207.00K | 149.59K | 199.45K | 58.77K | 162.92K | 59.57K | 60.43K | 79.86K | 46.75K | 33.73K | 51.24K | 13.43K |
| Net Income | 116.81M | 138.45M | -36.52M | -6.05M | -22.86M | -42.94M | -12.49M | 3.75M | 31.95M | 1.66M | -3.84M | -4.54M | -2.98M |
| Net Income Ratio | 29.50% | 31.06% | -18.97% | -2.75% | -9.94% | -20.43% | -6.37% | 2.28% | 20.24% | 2.47% | -10.71% | -18.03% | -13.30% |
| EPS | 2.76 | 3.63 | -1.08 | -0.18 | -0.69 | -1.31 | -0.37 | 0.12 | 1.23 | 0.07 | -0.31 | -0.56 | -0.37 |
| EPS Diluted | 2.71 | 3.52 | -1.08 | -0.18 | -0.69 | -1.31 | -0.37 | 0.12 | 1.23 | 0.07 | -0.31 | -0.56 | -0.37 |
| Weighted Avg Shares Out | 41.13M | 37.24M | 33.88M | 33.24M | 33.10M | 32.78M | 33.44M | 30.14M | 26.06M | 24.55M | 12.24M | 8.05M | 8.05M |
| Weighted Avg Shares Out (Dil) | 41.82M | 38.36M | 33.88M | 33.24M | 33.10M | 32.84M | 33.44M | 30.14M | 26.06M | 24.55M | 12.24M | 8.05M | 8.05M |
Ardmore Shipping Corporation (ASC) Q3 2024 Earnings Call Transcript
Ardmore Shipping Corporation (ASC) Q3 2024 Earnings Call Transcript
Ardmore Shipping (ASC) Tops Q3 Earnings and Revenue Estimates
Ardmore Shipping (ASC) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.49 per share a year ago.
Ardmore Shipping Corporation Announces Financial Results For The Three and Nine Months Ended September 30, 2024
HAMILTON, Bermuda , Nov. 6, 2024 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore", the "Company" or "we") today announced results for the three and nine months ended September 30, 2024. Highlights and Recent Activity Reported net income and Adjusted...
New Strong Sell Stocks for November 6th
AGNC, ASC and CLH have been added to the Zacks Rank #24 (Strong Sell) List on November 6, 2024.
Ardmore Shipping (ASC) Reports Next Week: Wall Street Expects Earnings Growth
Ardmore Shipping (ASC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Ardmore Shipping (ASC) Stock Sinks As Market Gains: Here's Why
In the latest trading session, Ardmore Shipping (ASC) closed at $14.16, marking a -1.8% move from the previous day.
Ardmore Shipping Corporation (ASC) Is a Trending Stock: Facts to Know Before Betting on It
Zacks.com users have recently been watching Ardmore Shipping (ASC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Ardmore Shipping Announces Third Quarter 2024 Conference Call and Webcast
HAMILTON, Bermuda , Oct. 23, 2024 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") today announced that the Company plans to announce its third quarter earnings before the market opens Wednesday, November 6, 2024 and will host...
67 October Graham All-Star Value Dogs Show 55 Fit To Buy
The Value Score identifies large-cap stocks offering high-value relative to profits, cash flows, assets and sales, aiding in finding undervalued companies.
Ardmore Shipping (ASC) Sees a More Significant Dip Than Broader Market: Some Facts to Know
In the most recent trading session, Ardmore Shipping (ASC) closed at $16.23, indicating a -1.96% shift from the previous trading day.
Source: https://incomestatements.info
Category: Stock Reports