Ardmore Shipping Corporation
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $310.2M | $405.8M | $396.0M | $445.7M | $192.5M | $220.1M | $230.0M | $210.2M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $47.7M | $144.5M | $129.7M | $154.4M | $-20.2M | $12.3M | $4.0M | $-9.6M |
| Operating Margin | 15.4% | 35.6% | 32.8% | 34.6% | -10.5% | 5.6% | 1.7% | -4.6% |
| Interest Expense | $6.1M | $6.8M | $11.4M | $15.5M | $16.2M | $18.2M | $26.8M | $27.4M |
| Pretax Income | $41.6M | $137.7M | $118.3M | $138.9M | $-36.4M | $-5.8M | $-22.8M | $-42.8M |
| Income Tax Expense | $241.0K | $215.0K | $435.0K | $207.0K | $150.0K | $199.0K | $58.8K | $162.9K |
| Net Income | $41.0M | $133.0M | $116.8M | $138.5M | $-36.8M | $-6.0M | $-22.9M | $-42.9M |
| Net Margin | 13.2% | 32.8% | 29.5% | 31.1% | -19.1% | -2.7% | -9.9% | -20.4% |
| EPS (Basic) | $0.89 | $3.09 | $2.76 | $3.63 | $-1.12 | $-0.18 | $-0.69 | $-1.31 |
| EPS (Diluted) | $0.88 | $3.06 | $2.71 | $3.52 | $-1.12 | $-0.18 | $-0.69 | $-1.31 |
| Shares Outstanding (Basic) | 40.6M | 41.7M | 41.1M | 37.2M | 33.9M | 33.2M | 33.1M | 33.1M |
| Shares Outstanding (Diluted) | 40.8M | 42.0M | 41.8M | 38.4M | 33.9M | 33.2M | 33.1M | 33.1M |
| Dividends Per Share | — | — | — | — | — | — | — | — |