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Side-by-side financial comparison of Ardmore Shipping Corp (ASC) and Aurinia Pharmaceuticals Inc. (AUPH). Click either name above to swap in a different company.

Ardmore Shipping Corp is the larger business by last-quarter revenue ($81.2M vs $77.1M, roughly 1.1× Aurinia Pharmaceuticals Inc.). Aurinia Pharmaceuticals Inc. runs the higher net margin — 273.4% vs 15.7%, a 257.6% gap on every dollar of revenue. On growth, Aurinia Pharmaceuticals Inc. posted the faster year-over-year revenue change (28.8% vs -15.5%). Over the past eight quarters, Aurinia Pharmaceuticals Inc.'s revenue compounded faster (23.8% CAGR vs -6.0%).

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.

Aurinia Pharmaceuticals Inc. is a late-stage biopharmaceutical company focused on developing and commercializing targeted therapies for autoimmune and kidney diseases. Its lead approved product is Lupkynis for adult active lupus nephritis treatment, with core operations in North America and European markets, focusing on nephrology and rare immunology therapeutic segments.

ASC vs AUPH — Head-to-Head

Bigger by revenue
ASC
ASC
1.1× larger
ASC
$81.2M
$77.1M
AUPH
Growing faster (revenue YoY)
AUPH
AUPH
+44.3% gap
AUPH
28.8%
-15.5%
ASC
Higher net margin
AUPH
AUPH
257.6% more per $
AUPH
273.4%
15.7%
ASC
Faster 2-yr revenue CAGR
AUPH
AUPH
Annualised
AUPH
23.8%
-6.0%
ASC

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
ASC
ASC
AUPH
AUPH
Revenue
$81.2M
$77.1M
Net Profit
$12.8M
$210.8M
Gross Margin
88.6%
Operating Margin
16.1%
43.1%
Net Margin
15.7%
273.4%
Revenue YoY
-15.5%
28.8%
Net Profit YoY
-47.0%
14651.2%
EPS (diluted)
$0.30
$1.52

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ASC
ASC
AUPH
AUPH
Q4 25
$77.1M
Q3 25
$81.2M
$73.5M
Q2 25
$72.0M
$70.0M
Q1 25
$74.0M
$62.5M
Q4 24
$59.9M
Q3 24
$96.1M
$67.8M
Q2 24
$121.3M
$57.2M
Q1 24
$106.3M
$50.3M
Net Profit
ASC
ASC
AUPH
AUPH
Q4 25
$210.8M
Q3 25
$12.8M
$31.6M
Q2 25
$9.6M
$21.5M
Q1 25
$6.3M
$23.3M
Q4 24
$1.4M
Q3 24
$24.1M
$14.3M
Q2 24
$62.7M
$722.0K
Q1 24
$39.2M
$-10.7M
Gross Margin
ASC
ASC
AUPH
AUPH
Q4 25
88.6%
Q3 25
88.9%
Q2 25
89.8%
Q1 25
86.3%
Q4 24
90.7%
Q3 24
91.1%
Q2 24
84.4%
Q1 24
84.6%
Operating Margin
ASC
ASC
AUPH
AUPH
Q4 25
43.1%
Q3 25
16.1%
40.5%
Q2 25
13.5%
28.7%
Q1 25
8.6%
35.0%
Q4 24
-2.8%
Q3 24
25.4%
17.3%
Q2 24
51.3%
-2.6%
Q1 24
37.2%
-26.3%
Net Margin
ASC
ASC
AUPH
AUPH
Q4 25
273.4%
Q3 25
15.7%
42.9%
Q2 25
13.3%
30.7%
Q1 25
8.5%
37.4%
Q4 24
2.4%
Q3 24
25.1%
21.2%
Q2 24
51.7%
1.3%
Q1 24
36.9%
-21.4%
EPS (diluted)
ASC
ASC
AUPH
AUPH
Q4 25
$1.52
Q3 25
$0.30
$0.23
Q2 25
$0.22
$0.16
Q1 25
$0.14
$0.16
Q4 24
$0.00
Q3 24
$0.55
$0.10
Q2 24
$1.47
$0.01
Q1 24
$0.92
$-0.07

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ASC
ASC
AUPH
AUPH
Cash + ST InvestmentsLiquidity on hand
$80.2M
Total DebtLower is stronger
$116.1M
Stockholders' EquityBook value
$628.2M
$581.3M
Total Assets
$799.8M
$751.6M
Debt / EquityLower = less leverage
0.18×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASC
ASC
AUPH
AUPH
Q4 25
$80.2M
Q3 25
$72.9M
Q2 25
$52.9M
Q1 25
$66.1M
Q4 24
$83.4M
Q3 24
$36.6M
Q2 24
$33.3M
Q1 24
$63.9M
Total Debt
ASC
ASC
AUPH
AUPH
Q4 25
Q3 25
$116.1M
Q2 25
$25.0M
Q1 25
$20.5M
Q4 24
Q3 24
$22.5M
Q2 24
$44.2M
Q1 24
$23.1M
Stockholders' Equity
ASC
ASC
AUPH
AUPH
Q4 25
$581.3M
Q3 25
$628.2M
$365.8M
Q2 25
$618.3M
$335.3M
Q1 25
$610.7M
$350.2M
Q4 24
$377.5M
Q3 24
$627.0M
$388.0M
Q2 24
$617.7M
$364.6M
Q1 24
$567.9M
$359.5M
Total Assets
ASC
ASC
AUPH
AUPH
Q4 25
$751.6M
Q3 25
$799.8M
$527.5M
Q2 25
$703.8M
$502.6M
Q1 25
$690.4M
$504.9M
Q4 24
$550.6M
Q3 24
$722.8M
$549.4M
Q2 24
$742.0M
$523.5M
Q1 24
$704.1M
$516.6M
Debt / Equity
ASC
ASC
AUPH
AUPH
Q4 25
Q3 25
0.18×
Q2 25
0.04×
Q1 25
0.03×
Q4 24
Q3 24
0.04×
Q2 24
0.07×
Q1 24
0.04×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ASC
ASC
AUPH
AUPH
Operating Cash FlowLast quarter
$17.9M
$45.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.40×
0.22×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASC
ASC
AUPH
AUPH
Q4 25
$45.7M
Q3 25
$17.9M
$44.4M
Q2 25
$11.2M
$44.2M
Q1 25
$26.3M
$1.3M
Q4 24
$30.1M
Q3 24
$39.9M
$17.0M
Q2 24
$48.4M
$15.8M
Q1 24
$49.2M
$-18.6M
Cash Conversion
ASC
ASC
AUPH
AUPH
Q4 25
0.22×
Q3 25
1.40×
1.41×
Q2 25
1.17×
2.06×
Q1 25
4.20×
0.06×
Q4 24
21.07×
Q3 24
1.65×
1.19×
Q2 24
0.77×
21.94×
Q1 24
1.25×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ASC
ASC

Segment breakdown not available.

AUPH
AUPH

Products$74.2M96%
License Collaboration And Royalty Revenue$2.9M4%

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