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Side-by-side financial comparison of Ardmore Shipping Corp (ASC) and Lulu's Fashion Lounge Holdings, Inc. (LVLU). Click either name above to swap in a different company.

Ardmore Shipping Corp is the larger business by last-quarter revenue ($81.2M vs $66.1M, roughly 1.2× Lulu's Fashion Lounge Holdings, Inc.). Ardmore Shipping Corp runs the higher net margin — 15.7% vs -48.2%, a 63.9% gap on every dollar of revenue. On growth, Lulu's Fashion Lounge Holdings, Inc. posted the faster year-over-year revenue change (-11.8% vs -15.5%). Over the past eight quarters, Ardmore Shipping Corp's revenue compounded faster (-6.0% CAGR vs -14.7%).

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.

Lulu's Fashion Lounge Holdings, Inc. is a direct-to-consumer women's fashion retailer offering affordable, trendy apparel, footwear, and accessories. It primarily serves Gen Z and millennial consumers across North America, operating mainly via its e-commerce platform, with limited pop-up physical locations to boost customer engagement.

ASC vs LVLU — Head-to-Head

Bigger by revenue
ASC
ASC
1.2× larger
ASC
$81.2M
$66.1M
LVLU
Growing faster (revenue YoY)
LVLU
LVLU
+3.7% gap
LVLU
-11.8%
-15.5%
ASC
Higher net margin
ASC
ASC
63.9% more per $
ASC
15.7%
-48.2%
LVLU
Faster 2-yr revenue CAGR
ASC
ASC
Annualised
ASC
-6.0%
-14.7%
LVLU

Income Statement — Q3 FY2025 vs Q4 FY2024

Metric
ASC
ASC
LVLU
LVLU
Revenue
$81.2M
$66.1M
Net Profit
$12.8M
$-31.9M
Gross Margin
37.9%
Operating Margin
16.1%
-52.8%
Net Margin
15.7%
-48.2%
Revenue YoY
-15.5%
-11.8%
Net Profit YoY
-47.0%
-340.9%
EPS (diluted)
$0.30
$-13.46

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
LVLU
LVLU
Q3 25
$81.2M
Q2 25
$72.0M
Q1 25
$74.0M
Q4 24
$66.1M
Q3 24
$96.1M
$80.5M
Q2 24
$121.3M
$92.0M
Q1 24
$106.3M
$77.3M
Q4 23
$83.1M
Net Profit
ASC
ASC
LVLU
LVLU
Q3 25
$12.8M
Q2 25
$9.6M
Q1 25
$6.3M
Q4 24
$-31.9M
Q3 24
$24.1M
$-6.9M
Q2 24
$62.7M
$-10.8M
Q1 24
$39.2M
$-5.7M
Q4 23
$-3.9M
Gross Margin
ASC
ASC
LVLU
LVLU
Q3 25
Q2 25
Q1 25
Q4 24
37.9%
Q3 24
38.1%
Q2 24
45.5%
Q1 24
42.3%
Q4 23
40.3%
Operating Margin
ASC
ASC
LVLU
LVLU
Q3 25
16.1%
Q2 25
13.5%
Q1 25
8.6%
Q4 24
-52.8%
Q3 24
25.4%
-8.5%
Q2 24
51.3%
-4.9%
Q1 24
37.2%
-8.0%
Q4 23
-5.9%
Net Margin
ASC
ASC
LVLU
LVLU
Q3 25
15.7%
Q2 25
13.3%
Q1 25
8.5%
Q4 24
-48.2%
Q3 24
25.1%
-8.5%
Q2 24
51.7%
-11.7%
Q1 24
36.9%
-7.4%
Q4 23
-4.7%
EPS (diluted)
ASC
ASC
LVLU
LVLU
Q3 25
$0.30
Q2 25
$0.22
Q1 25
$0.14
Q4 24
$-13.46
Q3 24
$0.55
$-2.47
Q2 24
$1.47
$-3.92
Q1 24
$0.92
$-0.15
Q4 23
$-0.10

Balance Sheet & Financial Strength

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

Metric
ASC
ASC
LVLU
LVLU
Cash + ST InvestmentsLiquidity on hand
$4.5M
Total DebtLower is stronger
$116.1M
Stockholders' EquityBook value
$628.2M
$13.4M
Total Assets
$799.8M
$108.2M
Debt / EquityLower = less leverage
0.18×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASC
ASC
LVLU
LVLU
Q3 25
Q2 25
Q1 25
Q4 24
$4.5M
Q3 24
$6.3M
Q2 24
$1.8M
Q1 24
$5.5M
Q4 23
$12.9M
Total Debt
ASC
ASC
LVLU
LVLU
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
Q4 23
Stockholders' Equity
ASC
ASC
LVLU
LVLU
Q3 25
$628.2M
Q2 25
$618.3M
Q1 25
$610.7M
Q4 24
$13.4M
Q3 24
$627.0M
$43.8M
Q2 24
$617.7M
$48.7M
Q1 24
$567.9M
$57.7M
Q4 23
$64.7M
Total Assets
ASC
ASC
LVLU
LVLU
Q3 25
$799.8M
Q2 25
$703.8M
Q1 25
$690.4M
Q4 24
$108.2M
Q3 24
$722.8M
$153.5M
Q2 24
$742.0M
$145.3M
Q1 24
$704.1M
$160.6M
Q4 23
$167.4M
Debt / Equity
ASC
ASC
LVLU
LVLU
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×
Q4 23

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
LVLU
LVLU
Operating Cash FlowLast quarter
$17.9M
$-2.5M
Free Cash FlowOCF − Capex
$-2.6M
FCF MarginFCF / Revenue
-3.9%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
1.40×
TTM Free Cash FlowTrailing 4 quarters
$1.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASC
ASC
LVLU
LVLU
Q3 25
$17.9M
Q2 25
$11.2M
Q1 25
$26.3M
Q4 24
$-2.5M
Q3 24
$39.9M
$-5.5M
Q2 24
$48.4M
$3.7M
Q1 24
$49.2M
$6.9M
Q4 23
$12.7M
Free Cash Flow
ASC
ASC
LVLU
LVLU
Q3 25
Q2 25
Q1 25
Q4 24
$-2.6M
Q3 24
$-5.9M
Q2 24
$3.4M
Q1 24
$6.4M
Q4 23
$12.1M
FCF Margin
ASC
ASC
LVLU
LVLU
Q3 25
Q2 25
Q1 25
Q4 24
-3.9%
Q3 24
-7.3%
Q2 24
3.7%
Q1 24
8.3%
Q4 23
14.5%
Capex Intensity
ASC
ASC
LVLU
LVLU
Q3 25
Q2 25
Q1 25
Q4 24
0.0%
Q3 24
0.5%
Q2 24
0.4%
Q1 24
0.7%
Q4 23
0.8%
Cash Conversion
ASC
ASC
LVLU
LVLU
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×
Q4 23

Financial Flow Comparison

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

Revenue Breakdown by Segment

ASC
ASC

Segment breakdown not available.

LVLU
LVLU

Single Reportable Segment$63.0M95%
Other$2.4M4%
Stored Value Cards$750.0K1%

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