ardmore shipping corporation is engaged in the ownership and operation of product and chemical tankers in worldwide trade. commencing operations in 2010, ardmore found an opportune time to create a new shipping company with ambitious long-term growth plans, developing into a first-class organisation dedicated to the very best operating practices, customer service and operational efficiency. at ardmore we understand the challenges of international shipping operations and what it takes to excel; no matter the size of the company, ardmore believes that its seafarers are as crucial to its success as the team ashore that supports them. through its technical and commercial management partners and its own in-house expertise, ardmore has the global network in place to support its seafarers and deliver shipping services safely, decisively and effectively to its customers.
Company profile
Ticker
ASC
Exchange
Website
CEO
Anthony Gurnee
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Teekay • Atlas • Seaspan • Danaos • Seacor • SFL • Navios Maritime • Genco Shipping & Trading Limited • Tsakos Energy Navigation Limited • Costamare ...
SEC CIK
ASC stock data
Latest filings (excl ownership)
6-K
Ardmore Shipping Files 2023 Annual Report on Form 20-F
15 Mar 24
20-F
2023 FY
Annual report (foreign)
15 Mar 24
6-K
Ardmore Shipping Corporation Announces Financial Results For The Three and Twelve Months Ended December 31, 2023
15 Feb 24
6-K
Ardmore Shipping Announces 2024 Investor Day in New York
1 Feb 24
6-K
Highlights and Recent Activity
7 Nov 23
6-K
Current report (foreign)
7 Nov 23
6-K
Ardmore Shipping Announces Third Quarter 2023 Conference Call and Webcast
24 Oct 23
6-K
Current report (foreign)
5 Sep 23
6-K
Current report (foreign)
1 Sep 23
424B5
Prospectus supplement for primary offering
1 Sep 23
Transcripts
ASC
Earnings call transcript
2023 Q3
7 Nov 23
ASC
Earnings call transcript
2023 Q2
1 Aug 23
ASC
Earnings call transcript
2022 Q4
14 Feb 23
ASC
Earnings call transcript
2022 Q3
2 Nov 22
ASC
Earnings call transcript
2022 Q2
27 Jul 22
ASC
Earnings call transcript
2021 Q4
15 Feb 22
ASC
Earnings call transcript
2021 Q2
27 Jul 21
ASC
Earnings call transcript
2021 Q1
9 May 21
ASC
Earnings call transcript
2020 Q4
10 Feb 21
ASC
Earnings call transcript
2020 Q3
4 Nov 20
Latest ownership filings
144
Notice of proposed sale of securities
2 Apr 24
144
Notice of proposed sale of securities
1 Apr 24
144
Notice of proposed sale of securities
1 Apr 24
144
Notice of proposed sale of securities
1 Apr 24
144
Notice of proposed sale of securities
1 Apr 24
144
Notice of proposed sale of securities
12 Mar 24
144
Notice of proposed sale of securities
12 Mar 24
144
Notice of proposed sale of securities
5 Mar 24
144
Notice of proposed sale of securities
5 Mar 24
144
Notice of proposed sale of securities
5 Mar 24
Financial summary
Quarter (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 50.57 mm | 50.57 mm | 50.57 mm | 50.57 mm | 50.57 mm | 50.57 mm |
Cash burn (monthly) | 1.63 mm | 527.84 k | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 25.35 mm | 8.22 mm | n/a | n/a | n/a | n/a |
Cash remaining | 25.22 mm | 42.34 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 15.5 | 80.2 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
77.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 142 |
Opened positions | 18 |
Closed positions | 25 |
Increased positions | 53 |
Reduced positions | 44 |
13F shares | Current |
---|---|
Total value | 325.87 bn |
Total shares | 31.49 mm |
Total puts | 473.70 k |
Total calls | 303.80 k |
Total put/call ratio | 1.6 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 3.43 mm | $44.60 bn |
Dimensional Fund Advisors | 2.70 mm | $35.15 bn |
Lolli-Ghetti Annalisa | 2.30 mm | $0.00 |
Alder Tree Investments II BV | 2.04 mm | $30.25 mm |
Aristotle Capital Boston | 2.03 mm | $26.39 bn |
EPS Ventures | 1.97 mm | $27.09 mm |
Private Management | 1.71 mm | $22.19 bn |
RBF Capital | 941.88 k | $12.25 bn |
Arrowstreet Capital, Limited Partnership | 809.50 k | $10.52 bn |
Royce & Associates | 758.31 k | $9.87 bn |
News
Wall Street's Most Accurate Analysts Say Buy These 3 Energy Stocks With Over 5% Dividend Yields
25 Mar 24
Jefferies Reiterates Buy on Ardmore Shipping, Maintains $20 Price Target
15 Feb 24
Ardmore Shipping Q4 2023 Adj EPS $0.63 Beats $0.62 Estimate, Sales $98.88M Beat $74.25M Estimate
15 Feb 24
Earnings Scheduled For February 15, 2024
15 Feb 24
A Preview Of Ardmore Shipping's Earnings
14 Feb 24