Ardmore Shipping Corporation (ASC)

Ardmore Shipping Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	41.01	133.01	116.81	138.45	-36.83
Depreciation & Amortization	39.41	33.88	31.36	33.44	36.87
Stock-Based Compensation	2.81	4.65	3.22	3.06	2.61
Other Adjustments	-13.86	-15.19	-9.69	5.28	-3.72
Change in Receivables	13.33	-4.64	23.61	-59.56	-2.5
Changes in Inventories	2.4	1.25	3.16	-4.62	-0.82
Changes in Accounts Payable	-1	4.05	-4.41	-1.61	1.15
Changes in Accrued Expenses	-2.39	-0.57	0.93	10.25	-0.86
Changes in Unearned Revenue	1.12	0.14	-0.87	-0.85	2.07
Changes in Other Operating Activities	-1.17	3.87	-4.5	0.38	-0.86
Operating Cash Flow	81.65	160.45	159.61	124.21	-2.89
Operating Cash Flow Growth	-49.11%	0.52%	28.50%	-	-
Capital Expenditures	-120.72	-61.02	-25.38	-3.81	-2.63
Sale of Property, Plant & Equipment	-	26.83	-	39.91	9.9
Purchases of Investments	-	1.65	-1.24	-0.59	-5.54
Other Investing Activities	-0.28	-0.43	-0.21	-0.11	-0.09
Investing Cash Flow	-121	-32.97	-26.84	35.41	1.63
Short-Term Debt Issued	179.49	104.86	-	-	-
Short-Term Debt Repaid	-94.94	-111.19	-1.98	-13.68	-
Net Short-Term Debt Issued (Repaid)	84.55	-6.33	-1.98	-13.68	-
Long-Term Debt Issued	-	-	-	131.88	49
Long-Term Debt Repaid	-	-43.94	-84.01	-318.33	-86.87
Net Long-Term Debt Issued (Repaid)	-	-43.94	-84.01	-186.45	-37.87
Issuance of Common Stock	-	-	-	38.91	37.99
Repurchase of Common Stock	-	-17.94	-	-	-
Net Common Stock Issued (Repurchased)	-	-17.94	-	38.91	37.99
Repurchase of Preferred Stock	-30	-10	-	-	-
Net Preferred Stock Issued (Repurchased)	-30	-10	-	-	-
Common Dividends Paid	-12.19	-45.08	-47.15	-	-
Preferred Share Dividends Paid	-3.16	-3.81	-3.4	-3.29	-0.79
Other Financing Activities	-	-0.2	-	-	-0.98
Financing Cash Flow	39.21	-127.29	-136.54	-164.5	-1.66
Net Cash Flow	-0.14	0.18	-3.76	-4.88	-2.92
Free Cash Flow	-39.07	99.43	134.23	120.4	-5.52
Free Cash Flow Growth	-	-25.93%	11.48%	-	-
FCF Margin	-12.60%	24.50%	33.90%	27.01%	-2.87%
Free Cash Flow Per Share	-0.96	2.36	3.21	3.14	-0.16
Levered Free Cash Flow	38.26	59.94	27.71	-31.9	-41.04
Unlevered Free Cash Flow	-34.91	122.44	128.89	185.93	15.08

Updated Feb 12, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q