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    Marine Shipping
AMSC Asa

AMSC Asa

ASCJF
AMSC AsaUS flagOther OTC
0.14
USD
- -
- -
10.06MMarket Cap
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
17.76
19.25
10.82
12.73
12.56
11.89
12.62
12.78
12.42
12.83
- -
- -
- -
- -
Basic EPS, GAAP
-1.8
6.81
2.84
1.41
1.01
1.8
1.23
1.21
2.56
1.95
2.88
21.36
11.5
15.98
Free Cash Flow per Basic Share
7.32
9.1
4.71
7.37
8.09
6.91
6.86
5.09
5.5
8.49
-27.98
-0.93
-0.22
-0.22
Dividend per Share
- -
- -
2.22
3.63
3.98
2.99
2.79
2.82
3.07
3.7
4.7
30.6
2.24
- -
Book Value per Share
-19.43
-14.36
1.08
2.67
3.64
5.26
6.81
8.11
10.4
12.69
1.76
-3.33
8.21
8.22
Tangible Book Value per Share
8.47
16.04
28.62
31.39
27.9
25.31
25.31
24
22.71
21.71
27.19
16.21
27.36
27.38
Basic Weighted Avg Shares
28
28
60
61
61
61
61
61
61
61
63
72
72
72
Sales/Revenue/Turnover
490
531
652
772
761
721
765
774
753
778
- -
- -
- -
- -
Operating Margin (%)
58.12
58.06
57.82
57.78
57.68
58.06
57.36
57.88
57.83
55.79
- -
- -
- -
- -
Depreciation Expense
188
204
252
300
297
278
295
299
292
303
358
- -
- -
- -
Net Income, GAAP
-50
188
171
85
61
109
75
73
155
118
183
1,535
827
1,148
Effective Tax Rate (%)
- -
- -
1.18
31.41
58.28
- -
13.32
- -
- -
43.08
- -
- -
1.86
1.05
Profit Margin (%)
-10.11
35.38
26.22
11.04
8.08
15.16
9.78
9.46
20.61
15.2
- -
- -
- -
- -
Working Capital
-301
-366
92
118
99
48
35
-38
7
351
-267
1,165
358
358
LT Debt
4,458
4,581
5,027
5,807
5,498
4,927
4,986
4,609
4,412
4,514
5,473
- -
- -
- -
Total Equity
234
443
1,723
1,903
1,691
1,535
1,534
1,455
1,377
1,316
1,725
1,165
1,966
1,966
Return on Invested Capital (%)
- -
6.02
5.98
4.1
2.4
- -
5.64
- -
- -
4.06
- -
- -
-2.11
-2.14
Return on Capital (%)
- -
12.07
10.95
6.28
3.26
- -
6.92
- -
- -
4.89
- -
- -
471.17
654.19
Return on Common Equity (%)
- -
- -
- -
75.1
32.13
40.52
20.46
16.19
27.67
16.9
41.5
- -
- -
- -

Capital Structure

FRC

•

in mil. unless spec.
Jun'24
Sep'24
Dec'24
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
72
72
72
Market Capitalization
220
187
162

Working Capital

FRC

•

in mil. unless spec.
Jun'24
Sep'24
Dec'24
Total Current Assets
439
346
371
Cash, Cash Equivalents & STI
436
345
369
Accounts Receivable, Net
2
1
- -
Inventories
- -
- -
- -
Total Current Liabilities
37
7
13
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.25%
11.53%
68.82%
Free Cash Flow
-52.86%
-110.99%
-76.33%
Net Income, GAAP
80.24%
167.26%
-46.15%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
65%
121.29%
-92.69%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.47
0.59
0.43
19.88
21.36
2024
5.95
3.3
2.15
4.58
11.5
2025
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
30.6
2024
- -
- -
- -
- -
2.24
2025
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Pal Lothe Magnussen
Full Time Employees
2
Sector
Industrials
Industry
Marine Shipping
Address
Building B Lysaker Norway 1366
IPO Date
Apr 29, 2013
Website
amscasa.com
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Business
AMSC ASA (ticker: ASCJF), a Norway-based maritime investment company founded in 2005 and headquartered in Lysaker, focuses on generating yield through strategic shareholdings and bareboat chartering of maritime assets; its primary investment is a substantial stake in Solstad Maritime Holding AS, which operates offshore vessels including subsea construction support ships like the Normand Maximus. Previously engaged in owning and chartering a fleet comprising nine modern handy-size product tankers, one handy-size shuttle tanker, and U.S. Jones Act-compliant tankers on long-term bareboat contracts with counterparties such as Overseas Shipholding Group (OSG) and Keystone, providing stable cash flows and profit-sharing opportunities. In October 2022, the company changed its name from American Shipping Company ASA to AMSC ASA; in 2023, it divested its U.S. Jones Act tanker business to funds managed by Maritime Partners LLC via the sale of subsidiary American Tanker Holding Company Inc., streamlining operations toward its core investment in Solstad; as of 2025, AMSC ASA is under liquidation proceedings, with an extraordinary general meeting scheduled for October 30, 2025. The company targets institutional investors and maritime operators primarily in Europe and the United States, with minimal direct employees (three) and governance by a three-member board supported by two professionals in shipping and finance.

Company News

APIChat

  • AMSC ASA: Solid Undercovered Stock, 12% Yield, Industry Tailwinds

  • businesswire.com

    Overseas Shipholding Group Announces Charter Option Extensions for Vessels Leased from American Shipping Company

  • seekingalpha.com

    American Shipping Company: Let's Look At This Shipping With 10%+ Yield

  • seekingalpha.com

    American Shipping Company: 13% Yield, A Classic Hidden Dividend Stock

  • businesswire.com

    Overseas Shipholding Group Announces Charter Option Decisions for Vessels Leased from American Shipping Company