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Side-by-side financial comparison of Ardmore Shipping Corp (ASC) and PUMA BIOTECHNOLOGY, INC. (PBYI). Click either name above to swap in a different company.

Ardmore Shipping Corp is the larger business by last-quarter revenue ($81.2M vs $75.5M, roughly 1.1× PUMA BIOTECHNOLOGY, INC.). On growth, PUMA BIOTECHNOLOGY, INC. posted the faster year-over-year revenue change (27.7% vs -15.5%). Over the past eight quarters, PUMA BIOTECHNOLOGY, INC.'s revenue compounded faster (31.3% 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.

Puma Biotechnology is a publicly traded biopharmaceutical company headquartered in Los Angeles, CA.

ASC vs PBYI — Head-to-Head

Bigger by revenue
ASC
ASC
1.1× larger
ASC
$81.2M
$75.5M
PBYI
Growing faster (revenue YoY)
PBYI
PBYI
+43.2% gap
PBYI
27.7%
-15.5%
ASC
Faster 2-yr revenue CAGR
PBYI
PBYI
Annualised
PBYI
31.3%
-6.0%
ASC

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
ASC
ASC
PBYI
PBYI
Revenue
$81.2M
$75.5M
Net Profit
$12.8M
Gross Margin
69.3%
Operating Margin
16.1%
22.7%
Net Margin
15.7%
Revenue YoY
-15.5%
27.7%
Net Profit YoY
-47.0%
EPS (diluted)
$0.30
$0.26

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
PBYI
PBYI
Q4 25
$75.5M
Q3 25
$81.2M
$54.5M
Q2 25
$72.0M
$52.4M
Q1 25
$74.0M
$46.0M
Q4 24
$59.1M
Q3 24
$96.1M
$80.5M
Q2 24
$121.3M
$47.1M
Q1 24
$106.3M
$43.8M
Net Profit
ASC
ASC
PBYI
PBYI
Q4 25
Q3 25
$12.8M
$8.8M
Q2 25
$9.6M
$5.9M
Q1 25
$6.3M
$3.0M
Q4 24
Q3 24
$24.1M
$20.3M
Q2 24
$62.7M
$-4.5M
Q1 24
$39.2M
$-4.8M
Gross Margin
ASC
ASC
PBYI
PBYI
Q4 25
69.3%
Q3 25
77.7%
Q2 25
76.5%
Q1 25
77.1%
Q4 24
76.4%
Q3 24
63.9%
Q2 24
77.4%
Q1 24
75.5%
Operating Margin
ASC
ASC
PBYI
PBYI
Q4 25
22.7%
Q3 25
16.1%
17.6%
Q2 25
13.5%
12.7%
Q1 25
8.6%
8.7%
Q4 24
22.6%
Q3 24
25.4%
27.4%
Q2 24
51.3%
-4.6%
Q1 24
37.2%
-5.3%
Net Margin
ASC
ASC
PBYI
PBYI
Q4 25
Q3 25
15.7%
16.2%
Q2 25
13.3%
11.2%
Q1 25
8.5%
6.5%
Q4 24
Q3 24
25.1%
25.2%
Q2 24
51.7%
-9.6%
Q1 24
36.9%
-11.0%
EPS (diluted)
ASC
ASC
PBYI
PBYI
Q4 25
$0.26
Q3 25
$0.30
$0.17
Q2 25
$0.22
$0.12
Q1 25
$0.14
$0.06
Q4 24
$0.40
Q3 24
$0.55
$0.41
Q2 24
$1.47
$-0.09
Q1 24
$0.92
$-0.10

Balance Sheet & Financial Strength

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

Metric
ASC
ASC
PBYI
PBYI
Cash + ST InvestmentsLiquidity on hand
$97.5M
Total DebtLower is stronger
$116.1M
$22.7M
Stockholders' EquityBook value
$628.2M
$130.3M
Total Assets
$799.8M
$216.3M
Debt / EquityLower = less leverage
0.18×
0.17×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASC
ASC
PBYI
PBYI
Q4 25
$97.5M
Q3 25
$94.4M
Q2 25
$96.0M
Q1 25
$93.2M
Q4 24
$101.0M
Q3 24
$96.7M
Q2 24
$96.8M
Q1 24
$107.2M
Total Debt
ASC
ASC
PBYI
PBYI
Q4 25
$22.7M
Q3 25
$116.1M
$34.0M
Q2 25
$25.0M
$45.3M
Q1 25
$20.5M
$56.7M
Q4 24
$68.0M
Q3 24
$22.5M
$79.3M
Q2 24
$44.2M
$90.7M
Q1 24
$23.1M
$102.0M
Stockholders' Equity
ASC
ASC
PBYI
PBYI
Q4 25
$130.3M
Q3 25
$628.2M
$115.3M
Q2 25
$618.3M
$104.7M
Q1 25
$610.7M
$97.1M
Q4 24
$92.1M
Q3 24
$627.0M
$71.1M
Q2 24
$617.7M
$48.5M
Q1 24
$567.9M
$51.0M
Total Assets
ASC
ASC
PBYI
PBYI
Q4 25
$216.3M
Q3 25
$799.8M
$202.9M
Q2 25
$703.8M
$194.9M
Q1 25
$690.4M
$196.2M
Q4 24
$213.3M
Q3 24
$722.8M
$220.7M
Q2 24
$742.0M
$205.0M
Q1 24
$704.1M
$214.1M
Debt / Equity
ASC
ASC
PBYI
PBYI
Q4 25
0.17×
Q3 25
0.18×
0.30×
Q2 25
0.04×
0.43×
Q1 25
0.03×
0.58×
Q4 24
0.74×
Q3 24
0.04×
1.12×
Q2 24
0.07×
1.87×
Q1 24
0.04×
2.00×

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
PBYI
PBYI
Operating Cash FlowLast quarter
$17.9M
$14.4M
Free Cash FlowOCF − Capex
$14.4M
FCF MarginFCF / Revenue
19.1%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
1.40×
TTM Free Cash FlowTrailing 4 quarters
$41.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASC
ASC
PBYI
PBYI
Q4 25
$14.4M
Q3 25
$17.9M
$9.7M
Q2 25
$11.2M
$14.1M
Q1 25
$26.3M
$3.6M
Q4 24
$15.6M
Q3 24
$39.9M
$11.0M
Q2 24
$48.4M
$1.0M
Q1 24
$49.2M
$11.2M
Free Cash Flow
ASC
ASC
PBYI
PBYI
Q4 25
$14.4M
Q3 25
$9.7M
Q2 25
$14.1M
Q1 25
$3.6M
Q4 24
$15.6M
Q3 24
$11.0M
Q2 24
$1.0M
Q1 24
FCF Margin
ASC
ASC
PBYI
PBYI
Q4 25
19.1%
Q3 25
17.7%
Q2 25
26.8%
Q1 25
7.7%
Q4 24
26.4%
Q3 24
13.7%
Q2 24
2.1%
Q1 24
Capex Intensity
ASC
ASC
PBYI
PBYI
Q4 25
0.0%
Q3 25
0.0%
Q2 25
0.0%
Q1 25
0.1%
Q4 24
0.0%
Q3 24
0.0%
Q2 24
0.0%
Q1 24
0.0%
Cash Conversion
ASC
ASC
PBYI
PBYI
Q4 25
Q3 25
1.40×
1.10×
Q2 25
1.17×
2.41×
Q1 25
4.20×
1.21×
Q4 24
Q3 24
1.65×
0.54×
Q2 24
0.77×
Q1 24
1.25×

Financial Flow Comparison

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

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