American Shipping Company ASA
OTC:ASCJF
Income Statement
Earnings Waterfall
American Shipping Company ASA
Income Statement
American Shipping Company ASA
| Dec-2005 | Mar-2006 | Jun-2006 | Sep-2006 | Dec-2006 | Mar-2007 | Jun-2007 | Sep-2007 | Dec-2007 | Mar-2008 | Jun-2008 | Sep-2008 | Dec-2008 | Mar-2009 | Jun-2009 | Sep-2009 | Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Jun-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
7
|
0
|
0
|
0
|
1
|
39
|
59
|
84
|
69
|
76
|
93
|
108
|
150
|
177
|
204
|
228
|
223
|
229
|
240
|
256
|
280
|
327
|
342
|
358
|
344
|
380
|
387
|
387
|
353
|
338
|
329
|
320
|
323
|
323
|
318
|
316
|
321
|
337
|
360
|
387
|
371
|
348
|
323
|
292
|
314
|
356
|
368
|
374
|
372
|
330
|
326
|
330
|
335
|
343
|
348
|
352
|
351
|
303
|
323
|
305
|
334
|
302
|
256
|
251
|
252
|
256
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Revenue |
54
N/A
|
133
+148%
|
87
-34%
|
24
-72%
|
37
+51%
|
(18)
N/A
|
(30)
-70%
|
8
N/A
|
13
+69%
|
18
+39%
|
24
+33%
|
28
+20%
|
33
+19%
|
38
+15%
|
43
+13%
|
50
+15%
|
54
+9%
|
58
+6%
|
61
+5%
|
64
+5%
|
68
+7%
|
73
+6%
|
78
+7%
|
82
+5%
|
84
+3%
|
87
+3%
|
87
+1%
|
88
+0%
|
88
+0%
|
88
0%
|
88
+0%
|
87
0%
|
87
0%
|
87
+0%
|
87
N/A
|
88
+0%
|
88
+0%
|
88
+0%
|
88
+0%
|
88
N/A
|
88
0%
|
88
+0%
|
88
N/A
|
88
N/A
|
88
+0%
|
88
0%
|
88
N/A
|
88
N/A
|
88
+0%
|
88
0%
|
88
+0%
|
88
N/A
|
88
N/A
|
88
N/A
|
88
0%
|
88
N/A
|
88
+0%
|
88
+0%
|
88
N/A
|
88
+0%
|
88
0%
|
88
0%
|
88
N/A
|
88
+0%
|
966
+996%
|
88
-91%
|
88
+0%
|
88
N/A
|
0
N/A
|
102
N/A
|
65
-36%
|
50
-23%
|
0
N/A
|
(8)
N/A
|
8
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(47)
|
0
|
0
|
0
|
(26)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Gross Profit |
6
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
10
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
13
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(5)
|
(120)
|
(82)
|
(22)
|
(6)
|
16
|
29
|
(5)
|
(9)
|
(12)
|
(16)
|
(19)
|
(23)
|
(26)
|
(29)
|
(32)
|
(37)
|
(38)
|
(39)
|
(39)
|
(37)
|
(38)
|
(41)
|
(43)
|
(44)
|
(43)
|
(41)
|
(39)
|
(37)
|
(37)
|
(36)
|
(37)
|
(37)
|
(37)
|
(37)
|
(38)
|
(37)
|
(37)
|
(37)
|
(36)
|
(37)
|
(37)
|
(37)
|
(37)
|
(37)
|
(37)
|
(37)
|
(37)
|
(37)
|
(37)
|
(37)
|
(37)
|
(37)
|
(38)
|
(37)
|
(37)
|
(37)
|
(37)
|
(37)
|
(37)
|
(37)
|
(48)
|
(49)
|
(38)
|
(427)
|
(39)
|
(39)
|
(39)
|
(32)
|
(44)
|
(28)
|
(22)
|
(58)
|
(65)
|
(83)
|
(86)
|
(34)
|
(38)
|
|
| Selling, General & Administrative |
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(19)
|
0
|
0
|
0
|
(22)
|
0
|
0
|
0
|
(22)
|
0
|
0
|
0
|
(15)
|
0
|
|
| Depreciation & Amortization |
(3)
|
(7)
|
(6)
|
(2)
|
(1)
|
1
|
0
|
(4)
|
(7)
|
(10)
|
(13)
|
(15)
|
(17)
|
(20)
|
(23)
|
(26)
|
(28)
|
(30)
|
(31)
|
(32)
|
(34)
|
(36)
|
(39)
|
(40)
|
(41)
|
(40)
|
(38)
|
(36)
|
(34)
|
(33)
|
(34)
|
(33)
|
(34)
|
(34)
|
(34)
|
(34)
|
(34)
|
(34)
|
(34)
|
(34)
|
(34)
|
(34)
|
(35)
|
(35)
|
(34)
|
(34)
|
(34)
|
(34)
|
(34)
|
(34)
|
(34)
|
(34)
|
(34)
|
(34)
|
(34)
|
(34)
|
(34)
|
(34)
|
(34)
|
(34)
|
(34)
|
(34)
|
(34)
|
(34)
|
(377)
|
(35)
|
(35)
|
(35)
|
0
|
(39)
|
(24)
|
(17)
|
0
|
5
|
0
|
0
|
0
|
0
|
|
| Other Operating Expenses |
(0)
|
(113)
|
(77)
|
(21)
|
(4)
|
15
|
29
|
(1)
|
(1)
|
(2)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(8)
|
(8)
|
(8)
|
(7)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(4)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(2)
|
(3)
|
(2)
|
(4)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(14)
|
(15)
|
(3)
|
(31)
|
(2)
|
(3)
|
(3)
|
(10)
|
(6)
|
(4)
|
(5)
|
(35)
|
(69)
|
(83)
|
(86)
|
(19)
|
(38)
|
|
| Operating Income |
2
N/A
|
13
+654%
|
5
-63%
|
2
-54%
|
4
+110%
|
(1)
N/A
|
(1)
+62%
|
2
N/A
|
4
+97%
|
6
+44%
|
8
+29%
|
9
+19%
|
10
+17%
|
12
+16%
|
15
+21%
|
18
+23%
|
17
-4%
|
20
+16%
|
22
+11%
|
25
+11%
|
32
+30%
|
34
+8%
|
37
+8%
|
39
+5%
|
40
+3%
|
44
+9%
|
46
+5%
|
49
+6%
|
51
+5%
|
51
+0%
|
51
+0%
|
51
-1%
|
51
0%
|
51
0%
|
51
0%
|
50
-1%
|
51
+1%
|
51
+1%
|
51
N/A
|
51
+1%
|
51
-1%
|
51
N/A
|
51
+0%
|
51
0%
|
51
+0%
|
51
0%
|
51
+0%
|
51
+0%
|
51
0%
|
51
+0%
|
51
-1%
|
50
0%
|
50
0%
|
50
0%
|
51
+1%
|
51
+0%
|
51
0%
|
51
+0%
|
51
+0%
|
51
0%
|
51
0%
|
40
-23%
|
39
-2%
|
50
+28%
|
539
+984%
|
50
-91%
|
49
-1%
|
49
+0%
|
(32)
N/A
|
58
N/A
|
37
-36%
|
28
-24%
|
(58)
N/A
|
(72)
-26%
|
(76)
-4%
|
(86)
-14%
|
(34)
+61%
|
(38)
-13%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
1
|
0
|
0
|
0
|
0
|
(7)
|
(8)
|
(11)
|
(8)
|
(70)
|
(48)
|
(59)
|
(16)
|
(54)
|
(63)
|
(68)
|
(22)
|
(31)
|
(60)
|
(80)
|
(60)
|
(67)
|
(79)
|
(41)
|
(43)
|
(54)
|
(27)
|
(51)
|
(56)
|
(36)
|
(34)
|
(20)
|
(16)
|
(15)
|
(26)
|
(23)
|
(24)
|
(33)
|
(32)
|
(31)
|
(31)
|
(36)
|
(39)
|
(39)
|
(32)
|
(31)
|
(30)
|
(29)
|
(37)
|
(34)
|
(32)
|
(35)
|
(38)
|
(41)
|
(44)
|
(43)
|
(41)
|
(40)
|
(38)
|
(37)
|
(34)
|
(31)
|
(28)
|
(28)
|
(254)
|
(17)
|
(17)
|
(15)
|
5
|
(33)
|
(19)
|
(15)
|
(1)
|
65
|
304
|
467
|
487
|
598
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
(2)
|
2
|
12
|
6
|
7
|
7
|
6
|
2
|
(40)
|
(3)
|
(3)
|
(1)
|
(69)
|
(3)
|
(6)
|
(12)
|
3
|
4
|
7
|
11
|
8
|
12
|
12
|
12
|
(4)
|
0
|
0
|
0
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(2)
|
0
|
0
|
0
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(5)
|
(5)
|
(16)
|
(4)
|
(2)
|
(2)
|
(27)
|
(2)
|
(2)
|
(2)
|
(0)
|
(3)
|
(2)
|
(2)
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
|
| Pre-Tax Income |
(0)
N/A
|
15
N/A
|
16
+12%
|
8
-52%
|
12
+49%
|
(1)
N/A
|
(2)
-97%
|
(7)
-226%
|
(43)
-556%
|
(67)
-54%
|
(43)
+36%
|
(51)
-18%
|
(74)
-46%
|
(45)
+39%
|
(54)
-19%
|
(62)
-15%
|
(2)
+98%
|
(8)
-387%
|
(31)
-315%
|
(44)
-41%
|
(21)
+54%
|
(21)
-1%
|
(29)
-41%
|
10
N/A
|
(7)
N/A
|
(10)
-35%
|
19
N/A
|
(2)
N/A
|
(9)
-367%
|
12
N/A
|
13
+11%
|
27
+112%
|
31
+14%
|
32
+3%
|
22
-33%
|
24
+10%
|
23
-1%
|
14
-40%
|
16
+12%
|
17
+6%
|
14
-15%
|
10
-30%
|
6
-35%
|
6
N/A
|
17
+165%
|
18
+8%
|
19
+4%
|
20
+4%
|
11
-45%
|
14
+30%
|
15
+5%
|
13
-17%
|
10
-21%
|
6
-35%
|
5
-30%
|
5
+13%
|
7
+33%
|
8
+12%
|
8
+9%
|
(1)
N/A
|
2
N/A
|
5
+186%
|
9
+80%
|
20
+130%
|
258
+1 212%
|
30
-88%
|
30
-3%
|
32
+8%
|
(27)
N/A
|
22
N/A
|
16
-25%
|
11
-32%
|
(59)
N/A
|
(7)
+88%
|
229
N/A
|
381
+66%
|
453
+19%
|
559
+23%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
1
|
(2)
|
(1)
|
(2)
|
(1)
|
1
|
1
|
1
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
(4)
|
(6)
|
(8)
|
(10)
|
(10)
|
(11)
|
(9)
|
(9)
|
(4)
|
4
|
4
|
6
|
(1)
|
(1)
|
(0)
|
0
|
1
|
1
|
1
|
3
|
17
|
17
|
16
|
13
|
(111)
|
(12)
|
(12)
|
(13)
|
(50)
|
(9)
|
(9)
|
(8)
|
(60)
|
(69)
|
(65)
|
(64)
|
(8)
|
1
|
|
| Income from Continuing Operations |
1
|
13
|
16
|
6
|
10
|
0
|
(1)
|
(5)
|
(44)
|
(68)
|
(44)
|
(52)
|
(75)
|
(46)
|
(54)
|
(62)
|
(1)
|
(7)
|
(31)
|
(44)
|
(21)
|
(21)
|
(29)
|
10
|
(7)
|
(10)
|
19
|
(2)
|
(9)
|
12
|
13
|
27
|
31
|
32
|
22
|
24
|
23
|
14
|
15
|
16
|
10
|
4
|
(1)
|
(3)
|
7
|
8
|
10
|
11
|
8
|
19
|
19
|
18
|
9
|
6
|
4
|
5
|
7
|
9
|
9
|
2
|
18
|
22
|
25
|
33
|
147
|
18
|
18
|
20
|
(76)
|
13
|
7
|
3
|
(119)
|
(76)
|
163
|
317
|
445
|
561
|
|
| Net Income (Common) |
1
N/A
|
13
+1 500%
|
16
+21%
|
7
-55%
|
10
+51%
|
5
-49%
|
3
-45%
|
(6)
N/A
|
(36)
-504%
|
(62)
-72%
|
(37)
+41%
|
(41)
-11%
|
(75)
-84%
|
(47)
+38%
|
(55)
-19%
|
(63)
-15%
|
(2)
+96%
|
(7)
-222%
|
(31)
-328%
|
(44)
-42%
|
(21)
+53%
|
(21)
-1%
|
(29)
-41%
|
10
N/A
|
(7)
N/A
|
(10)
-35%
|
19
N/A
|
(2)
N/A
|
(9)
-367%
|
12
N/A
|
13
+11%
|
27
+112%
|
31
+14%
|
32
+3%
|
22
-33%
|
24
+10%
|
23
-3%
|
14
-40%
|
15
+12%
|
16
+6%
|
10
-41%
|
4
-62%
|
(1)
N/A
|
(3)
-153%
|
7
N/A
|
8
+7%
|
10
+26%
|
11
+14%
|
13
+22%
|
19
+40%
|
19
+4%
|
18
-6%
|
9
-53%
|
6
-34%
|
4
-25%
|
5
+12%
|
8
+73%
|
9
+8%
|
9
+4%
|
2
-79%
|
18
+808%
|
20
+13%
|
23
+12%
|
31
+35%
|
147
+374%
|
18
-88%
|
18
-2%
|
20
+9%
|
188
+857%
|
13
-93%
|
14
+5%
|
12
-15%
|
1 535
+13 074%
|
1 977
+29%
|
2 210
+12%
|
2 361
+7%
|
827
-65%
|
561
-32%
|
|
| EPS (Diluted) |
0.03
N/A
|
0.44
+1 367%
|
0.54
+23%
|
0.26
-52%
|
0.37
+42%
|
0.18
-51%
|
0.1
-44%
|
-0.21
N/A
|
-1.28
-510%
|
-2.2
-72%
|
-1.29
+41%
|
-1.45
-12%
|
-2.67
-84%
|
-1.65
+38%
|
-1.96
-19%
|
-2.25
-15%
|
-0.08
+96%
|
-0.25
-212%
|
-1.1
-340%
|
-1.56
-42%
|
-0.73
+53%
|
-0.74
-1%
|
-1.04
-41%
|
0.35
N/A
|
-0.27
N/A
|
-0.36
-33%
|
0.67
N/A
|
-0.07
N/A
|
-0.32
-357%
|
0.4
N/A
|
0.45
+12%
|
0.96
+113%
|
1.1
+15%
|
0.53
-52%
|
0.35
-34%
|
0.38
+9%
|
0.38
N/A
|
0.22
-42%
|
0.25
+14%
|
0.27
+8%
|
0.16
-41%
|
0.06
-63%
|
-0.02
N/A
|
-0.05
-150%
|
0.12
N/A
|
0.13
+8%
|
0.16
+23%
|
0.18
+12%
|
0.21
+17%
|
0.3
+43%
|
0.31
+3%
|
0.29
-6%
|
0.14
-52%
|
0.08
-43%
|
0.06
-25%
|
0.07
+17%
|
0.12
+71%
|
0.15
+25%
|
0.16
+7%
|
0.04
-75%
|
0.3
+650%
|
0.34
+13%
|
0.38
+12%
|
0.51
+34%
|
2.42
+375%
|
0.31
-87%
|
0.3
-3%
|
0.32
+7%
|
2.95
+822%
|
0.2
-93%
|
0.18
-10%
|
0.16
-11%
|
21.4
+13 275%
|
27.5
+29%
|
30.74
+12%
|
32.85
+7%
|
11.5
-65%
|
7.8
-32%
|
|