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Side-by-side financial comparison of Ardmore Shipping Corp (ASC) and Black Rock Coffee Bar, Inc. (BRCB). Click either name above to swap in a different company.

Ardmore Shipping Corp is the larger business by last-quarter revenue ($81.2M vs $51.5M, roughly 1.6× Black Rock Coffee Bar, Inc.). Ardmore Shipping Corp runs the higher net margin — 15.7% vs -1.4%, a 17.1% gap on every dollar of revenue.

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.

Black Rock Coffee Bar, Inc. is a U.S.-based specialty coffee retail chain that offers handcrafted premium coffee beverages, energy drinks, baked goods, and light snacks. It operates in-store and drive-thru locations primarily across western U.S. states, prioritizing high-quality customizable products and community-focused consumer experiences.

ASC vs BRCB — Head-to-Head

Bigger by revenue
ASC
ASC
1.6× larger
ASC
$81.2M
$51.5M
BRCB
Higher net margin
ASC
ASC
17.1% more per $
ASC
15.7%
-1.4%
BRCB

Income Statement — Q3 FY2025 vs Q3 FY2025

Metric
ASC
ASC
BRCB
BRCB
Revenue
$81.2M
$51.5M
Net Profit
$12.8M
$-712.0K
Gross Margin
Operating Margin
16.1%
-12.4%
Net Margin
15.7%
-1.4%
Revenue YoY
-15.5%
Net Profit YoY
-47.0%
EPS (diluted)
$0.30
$-0.05

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
BRCB
BRCB
Q3 25
$81.2M
$51.5M
Q2 25
$72.0M
Q1 25
$74.0M
Q3 24
$96.1M
Q2 24
$121.3M
Q1 24
$106.3M
Q3 23
$86.9M
Q2 23
$91.9M
Net Profit
ASC
ASC
BRCB
BRCB
Q3 25
$12.8M
$-712.0K
Q2 25
$9.6M
Q1 25
$6.3M
Q3 24
$24.1M
Q2 24
$62.7M
Q1 24
$39.2M
Q3 23
$21.2M
Q2 23
$24.5M
Operating Margin
ASC
ASC
BRCB
BRCB
Q3 25
16.1%
-12.4%
Q2 25
13.5%
Q1 25
8.6%
Q3 24
25.4%
Q2 24
51.3%
Q1 24
37.2%
Q3 23
24.6%
Q2 23
27.3%
Net Margin
ASC
ASC
BRCB
BRCB
Q3 25
15.7%
-1.4%
Q2 25
13.3%
Q1 25
8.5%
Q3 24
25.1%
Q2 24
51.7%
Q1 24
36.9%
Q3 23
24.4%
Q2 23
26.7%
EPS (diluted)
ASC
ASC
BRCB
BRCB
Q3 25
$0.30
$-0.05
Q2 25
$0.22
Q1 25
$0.14
Q3 24
$0.55
Q2 24
$1.47
Q1 24
$0.92
Q3 23
$0.49
Q2 23
$0.57

Balance Sheet & Financial Strength

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

Metric
ASC
ASC
BRCB
BRCB
Cash + ST InvestmentsLiquidity on hand
$32.6M
Total DebtLower is stronger
$116.1M
$20.0M
Stockholders' EquityBook value
$628.2M
$43.0M
Total Assets
$799.8M
$323.2M
Debt / EquityLower = less leverage
0.18×
0.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASC
ASC
BRCB
BRCB
Q3 25
$32.6M
Q2 25
Q1 25
Q3 24
Q2 24
Q1 24
Q3 23
Q2 23
Total Debt
ASC
ASC
BRCB
BRCB
Q3 25
$116.1M
$20.0M
Q2 25
$25.0M
Q1 25
$20.5M
Q3 24
$22.5M
Q2 24
$44.2M
Q1 24
$23.1M
Q3 23
$52.5M
Q2 23
$78.9M
Stockholders' Equity
ASC
ASC
BRCB
BRCB
Q3 25
$628.2M
$43.0M
Q2 25
$618.3M
Q1 25
$610.7M
Q3 24
$627.0M
Q2 24
$617.7M
Q1 24
$567.9M
Q3 23
$517.0M
Q2 23
$503.8M
Total Assets
ASC
ASC
BRCB
BRCB
Q3 25
$799.8M
$323.2M
Q2 25
$703.8M
Q1 25
$690.4M
Q3 24
$722.8M
Q2 24
$742.0M
Q1 24
$704.1M
Q3 23
$686.4M
Q2 23
$696.1M
Debt / Equity
ASC
ASC
BRCB
BRCB
Q3 25
0.18×
0.46×
Q2 25
0.04×
Q1 25
0.03×
Q3 24
0.04×
Q2 24
0.07×
Q1 24
0.04×
Q3 23
0.10×
Q2 23
0.16×

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
BRCB
BRCB
Operating Cash FlowLast quarter
$17.9M
$-2.9M
Free Cash FlowOCF − Capex
$-25.8M
FCF MarginFCF / Revenue
-50.2%
Capex IntensityCapex / Revenue
44.5%
Cash ConversionOCF / Net Profit
1.40×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASC
ASC
BRCB
BRCB
Q3 25
$17.9M
$-2.9M
Q2 25
$11.2M
Q1 25
$26.3M
Q3 24
$39.9M
Q2 24
$48.4M
Q1 24
$49.2M
Q3 23
$42.0M
Q2 23
$42.1M
Free Cash Flow
ASC
ASC
BRCB
BRCB
Q3 25
$-25.8M
Q2 25
Q1 25
Q3 24
Q2 24
Q1 24
Q3 23
Q2 23
FCF Margin
ASC
ASC
BRCB
BRCB
Q3 25
-50.2%
Q2 25
Q1 25
Q3 24
Q2 24
Q1 24
Q3 23
Q2 23
Capex Intensity
ASC
ASC
BRCB
BRCB
Q3 25
44.5%
Q2 25
Q1 25
Q3 24
Q2 24
Q1 24
Q3 23
Q2 23
Cash Conversion
ASC
ASC
BRCB
BRCB
Q3 25
1.40×
Q2 25
1.17×
Q1 25
4.20×
Q3 24
1.65×
Q2 24
0.77×
Q1 24
1.25×
Q3 23
1.98×
Q2 23
1.72×

Financial Flow Comparison

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

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