Ardmore Shipping Corp income statement

In fiscal 2025, Ardmore Shipping Corp reported revenue of $310m, down 23.6% on the year before and net income of $41.0m, or $0.88 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Ardmore Shipping Corp: income statement, annual
Fiscal year	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	22	25	36	67	158	164	196	210	230	220	192	446	396	406	310
General and administrative	3	3	6	8	0	0	0	—	—	—	—	—	—	—	—
Operating income	0	−2	−0	6	44	24	9	−10	—	—	—	—	—	—	—
Interest expense	3	3	3	4	12	18	21	27	27	18	16	16	11	7	6
Income before tax	−3	−4	−4	2	32	4	−12	−43	−23	−6	−36	139	118	138	42
Income tax	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net income	−3	−5	−4	2	32	4	−12	−43	−23	−6	−37	138	117	133	41
Diluted EPS	−$0.18	−$0.28	−$0.15	$0.07	$1.23	$0.12	−$0.37	−$1.31	−$0.69	−$0.18	−$1.12	$3.52	$2.71	$3.06	$0.88
Diluted shares (average)	16m	16m	24m	25m	26m	30m	33m	33m	33m	33m	34m	38m	42m	42m	41m
EBITDA	5	5	8	21	68	54	43	26	—	—	—	—	—	—	—

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Ardmore Shipping Corp's SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Ardmore Shipping Corp.