Ardmore Shipping CorpASCEarnings & Financial Report
NYSE · Industrials · Deep Sea Foreign Transportation of Freight
Ardmore Shipping Corp is a global maritime transport company that owns and operates a fleet of mid-sized product and chemical tankers. It provides seaborne transport for petroleum products, specialty chemicals and bulk liquid commodities, serving energy, chemical and trading clients across key international trade routes.
Revenue
$96.1M
Gross Profit
N/A
Operating Profit
$24.4M
Net Profit
$24.1M
Gross Margin
N/A
Operating Margin
25.4%
Net Margin
25.1%
YoY Growth
10.6%
EPS
$0.55
Ardmore Shipping Corp Q3 FY2024 Financial Summary
Ardmore Shipping Corp reported revenue of $96.1M (up 10.6% YoY) for Q3 FY2024, with a net profit of $24.1M (up 13.9% YoY) (25.1% margin).
Key Financial Metrics
| Total Revenue | $96.1M |
|---|---|
| Net Profit | $24.1M |
| Gross Margin | N/A |
| Operating Margin | 25.4% |
| Report Period | Q3 FY2024 |
Ardmore Shipping Corp Quarterly Revenue & Net Profit History
Ardmore Shipping Corp results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 FY2025 | $81.2M | -15.5% | $12.8M | 15.7% |
| Q2 FY2025 | $72.0M | -40.6% | $9.6M | 13.3% |
| Q1 FY2025 | $74.0M | -30.4% | $6.3M | 8.5% |
| Q3 FY2024 | $96.1M | +10.6% | $24.1M | 25.1% |
| Q2 FY2024 | $121.3M | +32.0% | $62.7M | 51.7% |
| Q1 FY2024 | $106.3M | -10.1% | $39.2M | 36.9% |
| Q3 FY2023 | $86.9M | -39.0% | $21.2M | 24.4% |
| Q2 FY2023 | $91.9M | -14.2% | $24.5M | 26.7% |
Income Statement
| Q2 2023 | Q3 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $91.9M | $86.9M | $106.3M | $121.3M | $96.1M | $74.0M | $72.0M | $81.2M |
| YoY Growth | -14.2% | -39.0% | -10.1% | 32.0% | 10.6% | -30.4% | -40.6% | -15.5% |
Balance Sheet
| Q2 2023 | Q3 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $696.1M | $686.4M | $704.1M | $742.0M | $722.8M | $690.4M | $703.8M | $799.8M |
| Liabilities | $155.3M | $132.3M | $99.1M | $87.3M | $58.8M | $52.0M | $57.8M | $143.9M |
| Equity | $503.8M | $517.0M | $567.9M | $617.7M | $627.0M | $610.7M | $618.3M | $628.2M |
Cash Flow
| Q2 2023 | Q3 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $42.1M | $42.0M | $49.2M | $48.4M | $39.9M | $26.3M | $11.2M | $17.9M |