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Side-by-side financial comparison of Ardmore Shipping Corp (ASC) and RCI HOSPITALITY HOLDINGS, INC. (RICK). Click either name above to swap in a different company.

Ardmore Shipping Corp is the larger business by last-quarter revenue ($81.2M vs $70.9M, roughly 1.1× RCI HOSPITALITY HOLDINGS, INC.). Ardmore Shipping Corp runs the higher net margin — 15.7% vs -7.8%, a 23.5% gap on every dollar of revenue. On growth, RCI HOSPITALITY HOLDINGS, INC. posted the faster year-over-year revenue change (-3.1% vs -15.5%). Over the past eight quarters, RCI HOSPITALITY HOLDINGS, INC.'s revenue compounded faster (-2.0% 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.

RCI Hospitality Holdings, Inc., through its subsidiaries, operates strip clubs, nightclubs, sports bars/restaurants, and a media and convention company that serves the adult club industry. RCI went public with an IPO in 1995 is listed on The NASDAQ Global Market under the symbol RICK.

ASC vs RICK — Head-to-Head

Bigger by revenue
ASC
ASC
1.1× larger
ASC
$81.2M
$70.9M
RICK
Growing faster (revenue YoY)
RICK
RICK
+12.3% gap
RICK
-3.1%
-15.5%
ASC
Higher net margin
ASC
ASC
23.5% more per $
ASC
15.7%
-7.8%
RICK
Faster 2-yr revenue CAGR
RICK
RICK
Annualised
RICK
-2.0%
-6.0%
ASC

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
ASC
ASC
RICK
RICK
Revenue
$81.2M
$70.9M
Net Profit
$12.8M
$-5.5M
Gross Margin
Operating Margin
16.1%
-0.7%
Net Margin
15.7%
-7.8%
Revenue YoY
-15.5%
-3.1%
Net Profit YoY
-47.0%
-2354.9%
EPS (diluted)
$0.30
$-0.60

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
RICK
RICK
Q3 25
$81.2M
$70.9M
Q2 25
$72.0M
$71.1M
Q1 25
$74.0M
$65.9M
Q4 24
$71.5M
Q3 24
$96.1M
$73.2M
Q2 24
$121.3M
$76.2M
Q1 24
$106.3M
$72.3M
Q4 23
$73.9M
Net Profit
ASC
ASC
RICK
RICK
Q3 25
$12.8M
$-5.5M
Q2 25
$9.6M
$4.1M
Q1 25
$6.3M
$3.2M
Q4 24
$9.0M
Q3 24
$24.1M
$244.0K
Q2 24
$62.7M
$-5.2M
Q1 24
$39.2M
$774.0K
Q4 23
$7.2M
Operating Margin
ASC
ASC
RICK
RICK
Q3 25
16.1%
-0.7%
Q2 25
13.5%
12.2%
Q1 25
8.6%
12.4%
Q4 24
19.5%
Q3 24
25.4%
4.8%
Q2 24
51.3%
-3.3%
Q1 24
37.2%
6.4%
Q4 23
17.8%
Net Margin
ASC
ASC
RICK
RICK
Q3 25
15.7%
-7.8%
Q2 25
13.3%
5.7%
Q1 25
8.5%
4.9%
Q4 24
12.6%
Q3 24
25.1%
0.3%
Q2 24
51.7%
-6.9%
Q1 24
36.9%
1.1%
Q4 23
9.8%
EPS (diluted)
ASC
ASC
RICK
RICK
Q3 25
$0.30
$-0.60
Q2 25
$0.22
$0.46
Q1 25
$0.14
$0.36
Q4 24
$1.01
Q3 24
$0.55
$0.04
Q2 24
$1.47
$-0.56
Q1 24
$0.92
$0.08
Q4 23
$0.77

Balance Sheet & Financial Strength

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

Metric
ASC
ASC
RICK
RICK
Cash + ST InvestmentsLiquidity on hand
$33.7M
Total DebtLower is stronger
$116.1M
$238.2M
Stockholders' EquityBook value
$628.2M
$261.1M
Total Assets
$799.8M
$596.9M
Debt / EquityLower = less leverage
0.18×
0.91×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASC
ASC
RICK
RICK
Q3 25
$33.7M
Q2 25
$29.3M
Q1 25
$32.7M
Q4 24
$34.7M
Q3 24
$32.4M
Q2 24
$34.9M
Q1 24
$20.0M
Q4 23
$21.2M
Total Debt
ASC
ASC
RICK
RICK
Q3 25
$116.1M
$238.2M
Q2 25
$25.0M
$243.8M
Q1 25
$20.5M
$244.1M
Q4 24
Q3 24
$22.5M
$241.1M
Q2 24
$44.2M
Q1 24
$23.1M
Q4 23
Stockholders' Equity
ASC
ASC
RICK
RICK
Q3 25
$628.2M
$261.1M
Q2 25
$618.3M
$269.5M
Q1 25
$610.7M
$268.8M
Q4 24
$269.0M
Q3 24
$627.0M
$263.4M
Q2 24
$617.7M
$271.2M
Q1 24
$567.9M
$285.8M
Q4 23
$286.6M
Total Assets
ASC
ASC
RICK
RICK
Q3 25
$799.8M
$596.9M
Q2 25
$703.8M
$597.4M
Q1 25
$690.4M
$589.8M
Q4 24
$586.2M
Q3 24
$722.8M
$584.4M
Q2 24
$742.0M
$601.0M
Q1 24
$704.1M
$609.9M
Q4 23
$619.2M
Debt / Equity
ASC
ASC
RICK
RICK
Q3 25
0.18×
0.91×
Q2 25
0.04×
0.90×
Q1 25
0.03×
0.91×
Q4 24
Q3 24
0.04×
0.92×
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
RICK
RICK
Operating Cash FlowLast quarter
$17.9M
$13.7M
Free Cash FlowOCF − Capex
$11.5M
FCF MarginFCF / Revenue
16.2%
Capex IntensityCapex / Revenue
3.2%
Cash ConversionOCF / Net Profit
1.40×
TTM Free Cash FlowTrailing 4 quarters
$34.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASC
ASC
RICK
RICK
Q3 25
$17.9M
$13.7M
Q2 25
$11.2M
$13.8M
Q1 25
$26.3M
$8.5M
Q4 24
$13.3M
Q3 24
$39.9M
$15.7M
Q2 24
$48.4M
$15.8M
Q1 24
$49.2M
$10.8M
Q4 23
$13.6M
Free Cash Flow
ASC
ASC
RICK
RICK
Q3 25
$11.5M
Q2 25
$10.1M
Q1 25
$5.7M
Q4 24
$7.6M
Q3 24
$10.3M
Q2 24
$9.3M
Q1 24
$3.2M
Q4 23
$8.5M
FCF Margin
ASC
ASC
RICK
RICK
Q3 25
16.2%
Q2 25
14.2%
Q1 25
8.6%
Q4 24
10.6%
Q3 24
14.0%
Q2 24
12.3%
Q1 24
4.4%
Q4 23
11.5%
Capex Intensity
ASC
ASC
RICK
RICK
Q3 25
3.2%
Q2 25
5.2%
Q1 25
4.3%
Q4 24
8.0%
Q3 24
7.3%
Q2 24
8.4%
Q1 24
10.6%
Q4 23
6.9%
Cash Conversion
ASC
ASC
RICK
RICK
Q3 25
1.40×
Q2 25
1.17×
3.40×
Q1 25
4.20×
2.65×
Q4 24
1.48×
Q3 24
1.65×
64.14×
Q2 24
0.77×
Q1 24
1.25×
14.00×
Q4 23
1.89×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ASC
ASC

Segment breakdown not available.

RICK
RICK

Transferred At Point In Time$60.8M86%
Food And Merchandise$10.4M15%

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