Company: ASC
Filing Date: 2025-11-05
Form Type: 6-K
Source: 0001104659-25-106687
Chunk: 10

Company: Ardmore Shipping Corp
Filing Date: 2025-11-05
Form: 6-K
Chunk 10
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 to finance the purchase of three MR tankers during the three months ended September 30, 2025.

Amortization of deferred finance fees for the three months ended September 30, 2025 was $0.2 million, generally consistent with $0.3 million for the three months ended September 30, 2024.

Loss on Extinguishment of Debt.We recorded a loss on extinguishment of debt of $0.5 million during the three months ended September 30, 2025. Loss on extinguishment of debt relates to the partial write-off of deferred finance fees associated with our previous revolving credit facility. We recorded no gain or loss on extinguishment of debt during the three months ended September 30, 2024.

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Statements of Operations for the Nine Months Ended September 30, 2025 and 2024 The following table presents our operating results for the nine months ended September 30, 2025 and 2024

| ​                                              
 ​                                              | ​                            
 ​                            
 In thousands of U.S. Dollars | ​                 
 Nine Months Ended |                  ​ 
 September 30, 2025 | ​ | ​ |                  ​ 
 September 30, 2024 | ​ 
 ​ | ​ |        ​ 
        ​ 
 Variance | ​ 
 ​ | ​     
 ​     |
|:-----------------------------------------------|:-----------------------------|:------------------|-------------------:|:--|:--|-------------------:|:--|:--|---------:|:--|:------|
| Revenue, net                                   | ​                            | $                 |            227,287 | ​ | ​ |            323,745 | ​ | ​ |  -96,458 | ​ | -30%  |
| ​                                              | ​                            | ​                 |                  ​ | ​ | ​ |                  ​ | ​ | ​ |        ​ | ​ | ​     |
| Voyage expenses                                | ​                            |                   |            -84,674 | ​ | ​ |            -99,842 | ​ | ​ |   15,168 | ​ | 15%   |
| Vessel operating expenses                      | ​                            |                   |            -47,046 | ​ | ​ |            -45,114 | ​ | ​ |   -1,932 | ​ | -4%   |
| Time charter-in                                | ​                            | ​                 |                  ​ | ​ | ​ |                  ​ | ​ | ​