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Side-by-side financial comparison of Ardmore Shipping Corp (ASC) and FULL HOUSE RESORTS INC (FLL). Click either name above to swap in a different company.

Ardmore Shipping Corp is the larger business by last-quarter revenue ($81.2M vs $75.4M, roughly 1.1× FULL HOUSE RESORTS INC). Ardmore Shipping Corp runs the higher net margin — 15.7% vs -16.4%, a 32.1% gap on every dollar of revenue. On growth, FULL HOUSE RESORTS INC posted the faster year-over-year revenue change (3.4% vs -15.5%). Over the past eight quarters, FULL HOUSE RESORTS INC's revenue compounded faster (3.9% 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.

Full House Resorts, Inc. is an American casino developer and operator based in Summerlin South, Nevada. The company currently operates five casinos. It is known for the involvement of Gulfstream Aerospace founder Allen Paulson, who was CEO from 1994 to 2000, and former Chrysler chairman Lee Iacocca, who was a major investor in the company from 1995 to 2013. Dan Lee has been CEO since late 2014.

ASC vs FLL — Head-to-Head

Bigger by revenue
ASC
ASC
1.1× larger
ASC
$81.2M
$75.4M
FLL
Growing faster (revenue YoY)
FLL
FLL
+18.8% gap
FLL
3.4%
-15.5%
ASC
Higher net margin
ASC
ASC
32.1% more per $
ASC
15.7%
-16.4%
FLL
Faster 2-yr revenue CAGR
FLL
FLL
Annualised
FLL
3.9%
-6.0%
ASC

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
ASC
ASC
FLL
FLL
Revenue
$81.2M
$75.4M
Net Profit
$12.8M
$-12.4M
Gross Margin
93.1%
Operating Margin
16.1%
-1.3%
Net Margin
15.7%
-16.4%
Revenue YoY
-15.5%
3.4%
Net Profit YoY
-47.0%
-0.6%
EPS (diluted)
$0.30
$-0.35

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
FLL
FLL
Q4 25
$75.4M
Q3 25
$81.2M
$78.0M
Q2 25
$72.0M
$73.9M
Q1 25
$74.0M
$75.1M
Q4 24
$73.0M
Q3 24
$96.1M
$75.7M
Q2 24
$121.3M
$73.5M
Q1 24
$106.3M
$69.9M
Net Profit
ASC
ASC
FLL
FLL
Q4 25
$-12.4M
Q3 25
$12.8M
$-7.7M
Q2 25
$9.6M
$-10.4M
Q1 25
$6.3M
$-9.8M
Q4 24
$-12.3M
Q3 24
$24.1M
$-8.5M
Q2 24
$62.7M
$-8.6M
Q1 24
$39.2M
$-11.3M
Gross Margin
ASC
ASC
FLL
FLL
Q4 25
93.1%
Q3 25
93.2%
Q2 25
93.5%
Q1 25
93.4%
Q4 24
92.1%
Q3 24
92.2%
Q2 24
92.4%
Q1 24
92.3%
Operating Margin
ASC
ASC
FLL
FLL
Q4 25
-1.3%
Q3 25
16.1%
4.4%
Q2 25
13.5%
-0.1%
Q1 25
8.6%
1.0%
Q4 24
-1.9%
Q3 24
25.4%
3.2%
Q2 24
51.3%
3.2%
Q1 24
37.2%
-0.9%
Net Margin
ASC
ASC
FLL
FLL
Q4 25
-16.4%
Q3 25
15.7%
-9.8%
Q2 25
13.3%
-14.0%
Q1 25
8.5%
-13.0%
Q4 24
-16.9%
Q3 24
25.1%
-11.2%
Q2 24
51.7%
-11.7%
Q1 24
36.9%
-16.1%
EPS (diluted)
ASC
ASC
FLL
FLL
Q4 25
$-0.35
Q3 25
$0.30
$-0.21
Q2 25
$0.22
$-0.29
Q1 25
$0.14
$-0.27
Q4 24
$-0.34
Q3 24
$0.55
$-0.24
Q2 24
$1.47
$-0.25
Q1 24
$0.92
$-0.33

Balance Sheet & Financial Strength

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

Metric
ASC
ASC
FLL
FLL
Cash + ST InvestmentsLiquidity on hand
$40.7M
Total DebtLower is stronger
$116.1M
$473.6M
Stockholders' EquityBook value
$628.2M
$2.5M
Total Assets
$799.8M
$649.8M
Debt / EquityLower = less leverage
0.18×
186.62×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASC
ASC
FLL
FLL
Q4 25
$40.7M
Q3 25
$30.9M
Q2 25
$32.1M
Q1 25
$30.7M
Q4 24
$40.2M
Q3 24
$25.9M
Q2 24
$31.1M
Q1 24
$25.7M
Total Debt
ASC
ASC
FLL
FLL
Q4 25
$473.6M
Q3 25
$116.1M
$473.1M
Q2 25
$25.0M
$467.5M
Q1 25
$20.5M
$471.7M
Q4 24
$468.1M
Q3 24
$22.5M
$467.4M
Q2 24
$44.2M
$466.6M
Q1 24
$23.1M
$465.9M
Stockholders' Equity
ASC
ASC
FLL
FLL
Q4 25
$2.5M
Q3 25
$628.2M
$14.2M
Q2 25
$618.3M
$21.2M
Q1 25
$610.7M
$31.0M
Q4 24
$40.5M
Q3 24
$627.0M
$51.8M
Q2 24
$617.7M
$59.5M
Q1 24
$567.9M
$67.3M
Total Assets
ASC
ASC
FLL
FLL
Q4 25
$649.8M
Q3 25
$799.8M
$644.4M
Q2 25
$703.8M
$651.5M
Q1 25
$690.4M
$657.2M
Q4 24
$673.3M
Q3 24
$722.8M
$668.7M
Q2 24
$742.0M
$673.9M
Q1 24
$704.1M
$670.4M
Debt / Equity
ASC
ASC
FLL
FLL
Q4 25
186.62×
Q3 25
0.18×
33.30×
Q2 25
0.04×
22.04×
Q1 25
0.03×
15.22×
Q4 24
11.56×
Q3 24
0.04×
9.02×
Q2 24
0.07×
7.85×
Q1 24
0.04×
6.92×

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
FLL
FLL
Operating Cash FlowLast quarter
$17.9M
$12.0M
Free Cash FlowOCF − Capex
$10.7M
FCF MarginFCF / Revenue
14.1%
Capex IntensityCapex / Revenue
1.8%
Cash ConversionOCF / Net Profit
1.40×
TTM Free Cash FlowTrailing 4 quarters
$-2.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASC
ASC
FLL
FLL
Q4 25
$12.0M
Q3 25
$17.9M
$-472.0K
Q2 25
$11.2M
$7.9M
Q1 25
$26.3M
$-9.5M
Q4 24
$14.8M
Q3 24
$39.9M
$-6.7M
Q2 24
$48.4M
$10.1M
Q1 24
$49.2M
$-4.4M
Free Cash Flow
ASC
ASC
FLL
FLL
Q4 25
$10.7M
Q3 25
$-5.5M
Q2 25
$4.5M
Q1 25
$-12.3M
Q4 24
$6.9M
Q3 24
$-17.4M
Q2 24
$-1.2M
Q1 24
$-27.0M
FCF Margin
ASC
ASC
FLL
FLL
Q4 25
14.1%
Q3 25
-7.1%
Q2 25
6.1%
Q1 25
-16.4%
Q4 24
9.4%
Q3 24
-23.0%
Q2 24
-1.6%
Q1 24
-38.7%
Capex Intensity
ASC
ASC
FLL
FLL
Q4 25
1.8%
Q3 25
6.5%
Q2 25
4.5%
Q1 25
3.8%
Q4 24
10.9%
Q3 24
14.1%
Q2 24
15.4%
Q1 24
32.4%
Cash Conversion
ASC
ASC
FLL
FLL
Q4 25
Q3 25
1.40×
Q2 25
1.17×
Q1 25
4.20×
Q4 24
Q3 24
1.65×
Q2 24
0.77×
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.

FLL
FLL

Midwest And South$58.2M77%
Food And Beverage$9.7M13%
Other Operations$3.6M5%
Other$2.3M3%
Contracted Sports Wagering$1.7M2%

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