Spot Charters was Ardmore Shipping’s largest revenue line in fiscal 2025, bringing in $284.67M of $310.20M (92%).
| Information by nature of vessel employment. | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|
| Spot Charters | $437.19M | $395.58M | $392.11M | $284.67M | ||||
| Voyage Charters | — | — | — | — | ||||
| Time Charter In Vessels | — | — | $13.64M | $25.53M | ||||
| Time Charters | $7.92M | — | — | — | ||||
| Pooling Arrangements | $3.00K | — | — | — | ||||
| Chemical Tankers | — | — | — | — | ||||
| Other Revenue | $632.00K | $401.00K | $42.00K | — | ||||
| Total | $445.74M | $395.98M | $405.78M | $310.20M |
Ardmore Shipping brought in $310.20M from its two revenue lines in fiscal 2025, the year ended December 31, 2025. Ardmore Shipping regrouped these revenue lines after fiscal 2024, so the total does not compare directly with that year's $405.78M. Spot Charters was the largest at $284.67M (91.8%), ahead of Time Charter In Vessels at $25.53M (8.2%).
Compared with fiscal 2024, Time Charter In Vessels grew 87.2% to $25.53M, while Spot Charters fell 27.4% to $284.67M.
Ardmore Shipping began breaking out Time Charter In Vessels in fiscal 2024, when it brought in $13.64M. Ardmore Shipping stopped reporting Time Charters ($7.92M in fiscal 2022), Other Revenue ($42.00K in fiscal 2024) and Pooling Arrangements ($3.00K in fiscal 2022) as separate revenue lines.
Spot was Ardmore Shipping’s largest revenue line in fiscal 2016, bringing in $93.16M of $164.40M (57%).
| Customer | FY 2011 | FY 2016 |
|---|---|---|
| Spot | $93.16M | |
| Pool | $42.95M | |
| Time Charter | $28.29M | |
| Name Of Significant Customer Accounting For More Than 10% Of The Entity'S Revenues | — | |
| Total | $164.40M |
Ardmore Shipping brought in $164.40M from its three revenue lines in fiscal 2016, the year ended December 31, 2016. Spot was the largest at $93.16M (56.7%), ahead of Pool at $42.95M (26.1%) and Time Charter at $28.29M (17.2%).
Ardmore Shipping (ASC) reports its revenue by information by nature of vessel employment. and by customer. In fiscal 2025, Spot Charters was its largest revenue line, bringing in $284.67M (91.8% of the total), followed by Time Charter In Vessels at $25.53M (8.2%).
Spot Charters was Ardmore Shipping's largest revenue line in fiscal 2025, bringing in $284.67M, or 91.8% of the $310.20M total across its two revenue lines.
Every figure comes from Ardmore Shipping's annual financial filings, as reported. Each line keeps the name Ardmore Shipping gives it, and years follow its fiscal calendar.
Ardmore Shipping's revenue by information by nature of vessel employment. goes back to fiscal 2018, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.