Company: ASC
Filing Date: 2025-07-30
Form Type: 6-K
Source: 0001558370-25-009775
Chunk: 10

Company: Ardmore Shipping Corp
Filing Date: 2025-07-30
Form: 6-K
Chunk 10
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ortization of deferred finance fees for the three months ended June 30, 2025 was $0.3 million, consistent with $0.3 million for the three months ended June 30, 2024.

Gain on Extinguishment of Finance Leases.We recorded no gain or loss on extinguishment of finance leases during the three months ended June 30, 2025. Gain on extinguishment of finance leases for the three months ended June 30, 2024 was $1.4 million and related to the early prepayment of the finance lease related to the exercises by us of the vessel purchase options for the Ardmore Seawolf and Ardmore Seahawk in June 2024.

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Statements of Operations for the Six Months Ended June 30, 2025 and 2024 The following table presents our operating results for the six months ended June 30, 2025 and 2024

| ​                                              
 ​                                              | ​                            
 ​                            
 In thousands of U.S. Dollars | ​                
 Six Months Ended |             ​ 
 June 30, 2025 | ​ | ​ |             ​ 
 June 30, 2024 | ​ 
 ​ | ​ |        ​ 
        ​ 
 Variance | ​ 
 ​ | ​     
 ​     |
|:-----------------------------------------------|:-----------------------------|:-----------------|--------------:|:--|:--|--------------:|:--|:--|---------:|:--|:------|
| Revenue, net                                   | ​                            | $                |       146,042 | ​ | ​ |       227,626 | ​ | ​ |  -81,584 | ​ | -36%  |
| ​                                              | ​                            | ​                |             ​ | ​ | ​ |             ​ | ​ | ​ |        ​ | ​ | ​     |
| Voyage expenses                                | ​                            |                  |       -56,209 | ​ | ​ |       -65,267 | ​ | ​ |    9,058 | ​ | 14%   |
| Vessel operating expenses                      | ​                            |                  |       -30,620 | ​ | ​ |       -31,143 | ​ | ​ |      523 | ​ | 2%    |
| Time charter-in                                | ​                            | ​                |             ​ | ​ | ​ |             ​ | ​ | ​ |        ​ | ​ | ​     |
| Operating expense