Welcome to our dedicated page for Ardmore Shipping SEC filings (Ticker: ASC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Ardmore Shipping Corporation files regulatory reports with the SEC as a foreign private issuer, submitting Form 6-K current reports that disclose material events, financial results, and corporate developments. As an Irish-incorporated company trading on the New York Stock Exchange, Ardmore follows reporting requirements for foreign issuers, which differ from U.S. domestic companies that file 10-K and 10-Q reports.
The company's 6-K filings provide quarterly earnings announcements, annual financial results, and updates on significant corporate events affecting shareholders. These filings reveal key performance metrics for maritime shipping operations, including revenue breakdowns between spot market voyages and time charters, fleet utilization rates, and operational expenses. Investors can track how changing freight rate environments impact the company's financial performance through quarterly result disclosures.
For shipping industry analysis, Ardmore's filings contain operational data on vessel deployments, charter contract terms, fleet composition changes, and management discussion of market conditions. The company discloses information about vessel acquisitions or sales, drydocking schedules affecting fleet availability, and strategic decisions on charter market exposure. Form 6-K reports also include earnings presentation materials with detailed breakdowns of operational metrics specific to tanker operations.
Understanding Ardmore's SEC filings helps investors evaluate the company's financial position within the cyclical maritime shipping industry. Our platform provides access to all Form 6-K current reports, annual financial statements, and supplemental materials that Ardmore submits to comply with U.S. securities regulations as a foreign listed company.
ASC: A shareholder filed a Form 144 notice to sell up to 67,169 shares of common stock. The filing lists an aggregate market value of $859,763, with sales intended on the NYSE through Stifel Nicolaus & Company, Inc. on or about 11/07/2025.
The table shows 40,455,240 shares outstanding. The shares to be sold were acquired via restricted stock units on multiple dates in 2024–2025, including 24,440 on 05/20/2024, 9,645 on 03/03/2025, and 32,595 on 03/30/2025.
Ardmore Shipping (ASC) reported Q3 2025 results showing softer market conditions. Net revenue was $81.2 million versus $96.1 million a year ago, and net income was $12.8 million versus $24.1 million. EPS was $0.30. The average TCE rate was $23,475 per day, down from $26,628, reflecting fewer spot revenue days and lower spot rates, partially offset by more time-charter days.
The company grew and refreshed its fleet, taking delivery of three modern Korean-built MR tankers for $103.9 million and fixing a 2014-built MR on a two-year charter at $21,250 per day. Liquidity stood at $296.0 million as of September 30, 2025, including $47.1 million in cash and $248.9 million of undrawn revolvers. Ardmore closed a new $350 million revolving credit facility (SOFR + 1.80%) maturing in 2031, with $110 million drawn at quarter-end.
The Board declared a $0.10 per-share cash dividend for Q3 2025, payable December 12, 2025 to holders of record on November 28, 2025. Subsequent to quarter-end, Ardmore fully redeemed all outstanding Series A Preferred Stock for $30.6 million at 102% of liquidation preference.
Teekay Tankers Ltd. filed Amendment No. 1 to Schedule 13G on Ardmore Shipping Corporation (ASC), reporting passive beneficial ownership of Ardmore’s common stock. As of 09/23/2025 (date of event), Teekay Tankers reported 1,550,305 shares with 3.81% of the class.
Teekay Tankers disclosed sole voting power and sole dispositive power over 1,550,305 shares, with no shared power. The filing includes the standard 13G certification stating the securities were not acquired and are not held to change or influence control of Ardmore.
The filer indicates ownership of 5 percent or less of the class, aligning the disclosure with a passive, sub‑5% stake.
Q2 2025 results (ASC): Net revenue fell 41% YoY to $72.0 m as average TCE dropped 40% to $22,468/day; net income attributable to common shareholders slumped 86% to $9.0 m ($0.22/sh). Six-month revenue declined 36% to $146.0 m, with net income down 85% to $14.6 m.
Drivers: Spot exposure (≈90% of days) hurt by weaker MR product-tanker rates (-$15k/day YoY). Voyage costs fell 27% on lower bunker and port charges, partly cushioning margin pressure. Fleet size remained 26 vessels.
Balance sheet/liquidity: Only $25 m of debt outstanding after term-loan conversion; cash $49.5 m plus $193.8 m undrawn revolvers gives $243 m liquidity. In July the company closed a new $350 m, seven-year SOFR+1.80% revolving facility secured on 20 ships.
Capital allocation: Board declared $0.07 quarterly dividend (≈1/3 of adjusted earnings) payable 12 Sep 2025. Preferred dividend of $0.636 m accrued.
Growth: Agreements to acquire three Korean-built MR tankers (1×2020 scrubber-fitted, 2×2017) for $103.9 m; deliveries expected Q3 2025 and financed with cash and revolvers. Scrubber count will rise to 13 of 22 owned ships by year-end.
Outlook & risks: Management notes rate volatility driven by Red Sea disruptions, Ukraine war and tariffs. Company expects sufficient liquidity for near-term needs but earnings remain highly sensitive to spot MR rates.
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