Core Insights - General Motors (GM) has shown strong performance in the investment community, with a trailing-12-month revenue of $187 billion and 1.6 million units sold in the latest quarter [1] Financial Performance - Over the past five years, GM shares have produced a total return of 101%, matching the performance of the S&P 500 [3] - In the past 12 months and three years, GM has achieved total returns of 56% and 117%, respectively, with the stock currently trading at an all-time high [4] - GM reported adjusted EPS of $2.80 and revenue of $48.6 billion for the third quarter of 2025, exceeding Wall Street estimates for 13 consecutive quarters [6] Market Position and Strategy - The belief that electric vehicles would rapidly dominate the market has not materialized, reducing a key risk factor for GM, which primarily generates revenue from gas-powered cars [5] - GM's leadership has implemented a capital allocation policy that allows for stock buybacks, reducing the outstanding share count by 15% in the past 12 months [7] Valuation Metrics - Despite strong performance, GM's stock is trading at a forward price-to-earnings ratio of 6.9, indicating an attractive valuation [8] Market Challenges - GM faces cyclical demand trends, significant capital expenditures, low margins, and intense competition, which may temper investor enthusiasm [9]

Contents I. Highlights Ardmore Shipping First Quarter 2025 Disclaimer This presentation contains certain statements that may be deemed to be "forward-looking statements" within the meaning of applicable U.S. federal securities laws. All statements, other than statements of historical facts, that address activities, events or developments that Ardmore Shipping Corporation ("Ardmore" or the "Company") expects, projects, believes or anticipates will, or may occur in the future, are among these forward-looking ...