Lumida
/ASC
⌘K
Ardmore Shipping Corp

Ardmore Shipping Corp

ASC
$18.25USD-0.82%-0.15 today

MARKET CAP

745.5M

P/E (TTM)

FWD P/E

DAY RANGE

$18 – $19

52W RANGE

$10
$20

AI Summary

Stalk
Buy NowMedium

ASC is in a Stage 2 advancing phase with bullish medium-term bias reinforced by an active Lockout Rally, justifying immediate participation on shallow pullbacks near rising EMAs despite overbought conditions, while remaining alert for signs of exhaustion around recent highs.

  • Q2 revenue rose 61% YoY to $116.2M; adjusted EPS $1.18.
  • MR tanker TCE rates hit $51,900/day, well above $10,800 break-even.
  • Middle East geopolitical instability could disrupt trade flows and margins.
Full analysis →
STATEMENT·Income statement
USD · GAAP
METRICFY 2021FY 2022FY 2023FY 2024FY 2025TREND
Sales, Adj.$192.5M$445.7M$396.0M$405.8M$310.2M
YoY %-12.5%+131.6%-11.2%+2.5%-23.6%
P / Sales0.6x1.2x1.5x1.3x1.4x
EV / Sales2.4x1.6x1.7x1.3x1.7x
Gross Profit, Adj.$103.9M$217.0M$184.7M$190.2M$111.7M
YoY %-25.1%+108.8%-14.9%+3.0%-41.3%
Margin %54.0%48.7%46.7%46.9%36.0%
EV / Gross Profit4.4x3.2x3.6x2.8x4.8x
EBITDA, Adj.$16.9M$195.6M$155.9M$158.5M$81.0M
YoY %-70.3%+1054.5%-20.3%+1.7%-48.9%
Margin %8.8%43.9%39.4%39.1%26.1%
EV / EBITDA26.8x3.6x4.3x3.4x6.7x
EBIT$-19.9M$159.5M$128.1M$128.3M$47.2M
YoY %-207.1%+900.3%-19.6%+0.1%-63.2%
Margin %-10.4%35.8%32.4%31.6%15.2%
EV / EBIT-22.8x4.4x5.2x4.2x11.4x
Net Income$-38.1M$135.1M$113.4M$128.6M$36.1M
YoY %-529.9%+454.6%-16.0%+13.4%-72.0%
Net Margin-19.8%30.3%28.6%31.7%11.6%
EPS (GAAP)-$1.12$3.52$2.71$3.06$0.88
YoY %-522.2%+414.3%-23.0%+12.9%-71.2%