Ardmore shipping corp (ASC)
Income statement / Quarterly
Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Sep'14Jun'14
REVENUE
Revenue

48,923

52,363

50,471

47,766

48,652

49,850

49,665

43,179

37,969

39,719

43,536

41,771

47,182

39,312

29,615

18,861

13,828

OPERATING EXPENSES
Commissions and voyage related costs

24,360

24,165

19,522

17,537

18,299

18,121

18,779

13,358

10,011

6,343

7,407

7,510

7,959

8,546

6,120

3,070

299

Vessel operating expenses

16,255

16,144

17,267

16,104

16,330

14,997

15,458

16,109

13,739

12,853

13,697

14,006

11,932

11,257

9,220

7,924

6,606

Depreciation

8,910

8,771

8,661

8,645

8,638

8,539

8,446

8,513

7,340

7,185

7,051

6,905

6,629

5,713

4,908

4,081

3,401

Amortization of deferred drydock expenditure

943

818

832

952

771

586

613

665

771

684

593

503

447

607

562

511

514

Commercial and chartering

1,012

772

809

607

703

647

661

785

470

415

350

-

-

-

-

-

-

General and administrative expenses

-

-

0

-

-

-

0

-

-

-

-

-7,635

2,792

2,727

2,115

2,091

1,907

General and administrative expenses
Corporate

3,432

3,729

2,936

2,494

3,244

3,201

3,038

2,025

3,554

3,214

3,262

-

-

-

-

-

-

Commercial and chartering

1,012

772

809

607

703

647

661

-

-

-

-

-

-

-

-

-

-

Total operating expenses

54,915

54,401

50,030

46,342

47,987

46,094

46,997

41,456

35,886

30,697

32,364

32,037

29,761

28,853

22,928

17,679

12,728

(Loss) / profit from operations

-5,992

-2,037

440

1,423

665

3,755

2,667

1,722

2,082

9,022

11,171

9,733

17,420

10,459

6,687

1,182

1,100

Interest expense and finance costs

6,317

6,640

5,701

5,350

5,425

5,693

4,910

5,459

3,901

3,960

4,433

4,337

3,806

2,529

1,609

1,056

1,000

Interest income

144

152

114

109

136

100

90

57

66

20

21

4

4

4

1

3

8

Loss on disposal of vessels

-

-

-

-

-

-

-

-

0

451

-

-

0

0

-

-

-

Loss on asset held for sale

-

-

-

-

-

-

-

-

-3,028

-

-

-

-

-

-

-

-

Loss on asset held for sale

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

Loss before taxes

-12,165

-8,525

-5,146

-3,817

-4,623

-1,837

-2,152

-3,704

-4,780

5,534

6,759

5,401

13,619

7,934

5,079

128

108

Income tax

60

51

26

11

16

16

14

-16

19

38

20

36

17

14

12

11

13

Net loss

-12,225

-8,577

-5,172

-3,829

-4,639

-1,854

-2,167

-3,687

-4,799

5,496

6,739

5,365

13,601

7,920

5,067

117

94

Loss per share, basic and diluted

-0.37

-0.26

-0.16

-0.11

-0.14

-0.06

-0.06

-0.20

-0.14

0.20

0.26

0.21

0.52

0.30

0.20

0.00

0.00

Weighted average number of shares outstanding, basic and diluted

33,097

32,703

32,445

33,040

33,575

33,575

33,575

33,650

33,518

27,339

26,059

26,161

26,079

26,014

25,980

26,100

26,100