Ardmore Shipping Corporation Q2 2025 Financial Results
SEC Filing 6-K (0001558370-25-009774)
Ardmore Shipping Corporation announced its financial results for the three and six months ended June 30, 2025. The company reported adjusted earnings of $9.0 million for Q2 2025, compared to $47.6 million in Q2 2024. Net income attributable to common stockholders was $9.0 million, or $0.22 per share, down from $61.8 million, or $1.14 per share, in the same period last year. The company declared a cash dividend of $0.07 per common share for Q2 2025, payable on September 12, 2025. Ardmore also highlighted recent activities, including the acquisition of three MR tankers for $103.9 million and the closing of a $350 million revolving credit facility. The company's CEO, Gernot Ruppelt, emphasized the strengthening of earnings and the execution of strategic initiatives to enhance performance.