ASC
Income statement / Annual
Last year (2023), Ardmore Shipping Corporation's total revenue was $395.98 M,
a decrease of 11.16% from the previous year.
In 2023, Ardmore Shipping Corporation's net income was $116.81 M.
See Ardmore Shipping Corporation’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$395.98 M
|
$445.74 M
|
$192.48 M
|
$220.06 M
|
$230.04 M
|
$210.18 M
|
$195.94 M
|
$164.40 M
|
$157.88 M
|
$67.33 M
|
| Cost of Revenue |
$242.61 M |
$250.21 M |
$188.04 M |
$121.01 M |
$128.38 M |
$133.28 M |
$107.01 M |
$67.21 M |
$54.29 M |
$21.86 M |
| Gross Profit |
$153.37 M |
$195.53 M |
$4.44 M |
$99.05 M |
$101.66 M |
$76.90 M |
$88.93 M |
$97.19 M |
$103.59 M |
$45.47 M |
| Gross Profit Ratio |
0.39 |
0.44 |
0.02 |
0.45 |
0.44 |
0.37 |
0.45 |
0.59 |
0.66 |
0.68 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$20.57 M
|
$24.11 M
|
$19.20 M
|
$17.90 M
|
$18.15 M
|
$15.86 M
|
$14.60 M
|
$14.08 M
|
$10.75 M
|
$8.18 M
|
| Selling & Marketing
Expenses |
$4.68 M
|
$4.17 M
|
$3.13 M
|
$2.78 M
|
$3.19 M
|
$3.23 M
|
$2.62 M
|
$2.02 M
|
$329,746.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$25.24 M
|
$24.11 M
|
$19.20 M
|
$17.90 M
|
$18.15 M
|
$15.86 M
|
$14.60 M
|
$14.08 M
|
$10.75 M
|
$8.18 M
|
| Other Expenses |
$0.00 |
$11.97 M |
$5.17 M |
$62.55 M |
$67.35 M |
-$3.64 M |
-$2.92 M |
-$2.72 M |
-$2.12 M |
-$2.03 M |
| Operating Expenses |
$25.24 M |
$36.08 M |
$24.37 M |
$80.45 M |
$85.50 M |
$86.52 M |
$80.41 M |
$73.19 M |
$59.29 M |
$39.66 M |
| Cost And Expenses |
$240.03 M |
$286.29 M |
$212.41 M |
$201.46 M |
$213.87 M |
$219.80 M |
$187.42 M |
$140.40 M |
$113.58 M |
$61.52 M |
| Interest Income |
$1.82 M |
$471,000.00 |
$55,088.00 |
$281,618.00 |
$952,190.00 |
$606,665.00 |
$436,195.00 |
$164,629.00 |
$15,571.00 |
$16,444.00 |
| Interest Expense |
$11.41 M |
$15.54 M |
$16.77 M |
$18.17 M |
$26.76 M |
$27.41 M |
$21.38 M |
$17.75 M |
$12.28 M |
$4.12 M |
| Depreciation &
Amortization |
$31.36 M
|
$33.44 M
|
$36.87 M
|
$38.39 M
|
$37.13 M
|
$38.78 M
|
$37.20 M
|
$32.81 M
|
$24.16 M
|
$14.85 M
|
| EBITDA |
$159.49 M
|
$187.83 M
|
$11.83 M
|
$50.63 M
|
$40.55 M
|
$21.14 M
|
$46.14 M
|
$54.37 M
|
$68.46 M
|
$20.66 M
|
| EBITDA Ratio |
0.4 |
0.42 |
0.06 |
0.23 |
0.21 |
0.12 |
0.22 |
0.33 |
0.43 |
0.31 |
| Operating Income Ratio
|
0.39
|
0.36
|
-0.1
|
0.09
|
0.07
|
-0.05
|
0.04
|
0.15
|
0.28
|
0.09
|
| Total Other
Income/Expenses Net |
-$37.67 M
|
-$49.87 M
|
-$16.49 M
|
-$24.73 M
|
-$43.77 M
|
-$33.16 M
|
-$20.94 M
|
-$20.19 M
|
-$12.27 M
|
-$4.10 M
|
| Income Before Tax |
$118.28 M |
$138.86 M |
-$36.37 M |
-$5.85 M |
-$22.80 M |
-$42.78 M |
-$12.43 M |
$3.81 M |
$32.03 M |
$1.71 M |
| Income Before Tax Ratio
|
0.3
|
0.31
|
-0.19
|
-0.03
|
-0.1
|
-0.2
|
-0.06
|
0.02
|
0.2
|
0.03
|
| Income Tax Expense |
$435,000.00 |
$207,000.00 |
$149,593.00 |
$199,446.00 |
$58,766.00 |
$162,923.00 |
$59,567.00 |
$60,434.00 |
$79,860.00 |
$46,749.00 |
| Net Income |
$116.81 M |
$138.45 M |
-$36.52 M |
-$6.05 M |
-$22.86 M |
-$42.94 M |
-$12.49 M |
$3.75 M |
$31.95 M |
$1.66 M |
| Net Income Ratio |
0.29 |
0.31 |
-0.19 |
-0.03 |
-0.1 |
-0.2 |
-0.06 |
0.02 |
0.2 |
0.02 |
| EPS |
2.76 |
3.63 |
-1.08 |
-0.18 |
-0.69 |
-1.31 |
-0.37 |
0.12 |
1.23 |
0.07 |
| EPS Diluted |
2.71 |
3.52 |
-1.08 |
-0.18 |
-0.69 |
-1.31 |
-0.37 |
0.12 |
1.23 |
0.07 |
| Weighted Average Shares
Out |
$41.13 M
|
$37.24 M
|
$33.88 M
|
$33.24 M
|
$33.10 M
|
$32.78 M
|
$33.44 M
|
$30.14 M
|
$26.06 M
|
$24.55 M
|
| Weighted Average Shares
Out Diluted |
$41.82 M
|
$38.36 M
|
$33.88 M
|
$33.24 M
|
$33.10 M
|
$32.84 M
|
$33.44 M
|
$30.14 M
|
$26.06 M
|
$24.55 M
|
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