Ardmore shipping corp (ASC)
Income statement / Yearly
Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11
REVENUE
Revenue

195,935

164,403

157,882

67,326

35,867

25,172

22,375

OPERATING EXPENSES
Commissions and voyage related costs

72,737

37,121

30,137

7,004

2,523

789

468

Vessel operating expenses

62,890

56,399

46,416

29,447

18,215

14,598

12,186

Charter hire costs

-

-

-

-

-

1,699

1,663

Depreciation

34,271

30,091

24,157

14,854

8,388

6,195

5,343

Amortization of deferred drydock expenditure

2,924

2,715

2,120

2,031

1,420

441

0

Commercial and chartering

2,619

2,021

329

-

-

-

-

General and administrative expenses

0

0

0

8,178

5,669

2,975

2,599

General and administrative expenses
Corporate

11,979

12,055

10,418

-

-

-

-

Commercial and chartering

2,619

2,021

329

-

-

-

-

Total operating expenses

187,422

140,404

113,580

61,516

36,218

26,699

22,260

(Loss) / profit from operations

8,513

23,999

44,301

5,810

-350

-1,526

115

Interest expense and finance costs

21,380

17,754

12,282

4,119

3,464

2,966

3,080

Interest income

436

164

15

16

6

4

3

Loss on disposal of vessels

0

-2,601

0

0

-

-

-

Loss before taxes

-12,430

3,808

32,034

1,707

-3,808

-4,487

-2,961

Income tax

59

60

79

46

33

51

13

Net loss

-12,490

3,747

31,954

1,660

-3,842

-4,539

-2,975

Loss per share, basic and diluted

-0.37

0.12

1.23

0.07

-0.31

-0.56

-0.37

Weighted average number of shares outstanding, basic and diluted

33,441

30,141

26,059

24,547

12,241

8,049

8,049