Ardmore Shipping
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Ardmore Shipping's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 11% to $395,978,000. Profit margin reached 29%. Total operating expenses were $25,241,000.
Profit Margin
| 2014 | 67.32M | 1.66M | 2.47% |
|---|---|---|---|
| 2015 | 157.88M | 31.95M | 20.24% |
| 2016 | 164.40M | 3.74M | 2.28% |
| 2017 | 195.93M | -12.49M | -6.37% |
| 2018 | 210.17M | -42.93M | -20.43% |
| 2019 | 230.04M | -22.86M | -9.94% |
| 2020 | 220.05M | -6.04M | -2.75% |
| 2021 | 192.48M | -36.51M | -18.97% |
| 2022 | 445.74M | 138.45M | 31.06% |
| 2023 | 395.97M | 116.80M | 29.5% |
ASC Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 395.97M | 445.74M | 192.48M | 220.05M | 230.04M | 210.17M | 195.93M | 164.40M | 157.88M | 67.32M |
Cost of revenue | 242.60M | 250.21M | 188.04M | 121.00M | 128.37M | 133.28M | 107.00M | 67.21M | 54.29M | 21.85M |
Gross profit | 153.37M | 195.53M | 4.43M | 99.05M | 101.66M | 76.89M | 88.92M | 97.19M | 103.58M | 45.46M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 4.67M | 4.17M | 3.12M | 2.78M | 3.19M | 0 | 2.61M | 0 | 329.74K | 0 |
Total operating expenses | 25.24M | 36.07M | 24.36M | 80.45M | 85.49M | 86.51M | 80.41M | 73.19M | 59.28M | 39.65M |
Operating income | 155.94M | 159.92M | -19.87M | 18.88M | 17.11M | -9.61M | 8.51M | 23.99M | 44.30M | 5.81M |
Other income (expenses), net | -37.66M | -21.06M | -16.49M | -24.72M | -39.92M | -6.36M | -20.94M | -2.60M | -12.26M | -4.10M |
Income before tax | 118.27M | 138.85M | -36.36M | -5.84M | -22.80M | -42.77M | -12.43M | 3.80M | 32.03M | 1.70M |
Income tax expense | 435K | 207K | 149.59K | 199.44K | 58.76K | 162.92K | 59.56K | 60.43K | 79.86K | 46.74K |
Net income | 116.80M | 138.45M | -36.51M | -6.04M | -22.86M | -42.93M | -12.49M | 3.74M | 31.95M | 1.66M |
Earnings per share | ||||||||||
Basic EPS | 2.76 | 3.63 | -1.08 | -0.18 | -0.69 | -1.31 | -0.37 | 0.12 | 1.23 | 0.07 |
Diluted EPS | 2.71 | 3.52 | -1.08 | -0.18 | -0.69 | -1.31 | -0.37 | 0.12 | 1.23 | 0.07 |
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