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 • Costamare • Tsakos Energy Navigation Limited • Genco Shipping & Trading Limited ...
SEC CIK
ASC stock data
Latest filings (excl ownership)
6-K
Current report (foreign)
18 Jun 24
6-K
Ardmore Shipping Corporation Announces Financial Results For The Three Months Ended March 31, 2024
8 May 24
6-K
Current report (foreign)
8 May 24
6-K
Current report (foreign)
3 May 24
6-K
Ardmore Shipping Announces First Quarter 2024 Conference Call and Webcast
25 Apr 24
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
Transcripts
ASC
Earnings call transcript
2024 Q1
8 May 24
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
Latest ownership filings
144
Notice of proposed sale of securities
20 May 24
144
Notice of proposed sale of securities
8 May 24
144
Notice of proposed sale of securities
8 May 24
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
Financial summary
Quarter (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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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 23 | Dec 22 | Dec 21 | Dec 20 | |
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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) | 46.81 mm | 46.81 mm | 46.81 mm | 46.81 mm | 46.81 mm | 46.81 mm |
Cash burn (monthly) | 1.25 mm | 409.83 k | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 7.08 mm | 2.31 mm | n/a | n/a | n/a | n/a |
Cash remaining | 39.73 mm | 44.49 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 31.7 | 108.6 | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2024
82.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 161 |
Opened positions | 144 |
Closed positions | 3 |
Increased positions | 6 |
Reduced positions | 2 |
13F shares | Current |
---|---|
Total value | 400.65 bn |
Total shares | 33.44 mm |
Total puts | 345.10 k |
Total calls | 160.60 k |
Total put/call ratio | 2.1 |
Largest owners | Shares | Value |
---|---|---|
Dimensional Fund Advisors | 2.76 mm | $45.27 bn |
BLK Blackrock | 2.50 mm | $41.01 bn |
Lolli-Ghetti Annalisa | 2.30 mm | $0.00 |
Alder Tree Investments II BV | 2.04 mm | $30.25 mm |
Aristotle Capital Boston | 1.98 mm | $32.56 bn |
EPS Ventures | 1.97 mm | $27.09 mm |
Private Management | 1.60 mm | $26.26 bn |
Wellington Management | 1.32 mm | $21.62 bn |
Arrowstreet Capital, Limited Partnership | 1.26 mm | $20.61 mm |
Renaissance Technologies | 951.78 k | $15.63 mm |