Gem Diamonds Ltd (LSE:GEMD)
£ 0.106 0 (0%) Market Cap: 14.81 Mil Enterprise Value: 90.52 Mil PE Ratio: 20.45 PB Ratio: 0.13 GF Score: 44/100
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Full Year 2018 Gem Diamonds Ltd Earnings Call Transcript

Mar 13, 2019 / 10:00AM GMT
Release Date Price: £0.894 (-6.88%)
Operator

Good day, ladies and gentlemen, and welcome to Gem Diamonds Limited Annual Results Presentation. (Operator Instructions) Please note that this conference is being recorded.

I'd now like hand over to Mr. Clifford Elphick. Please go ahead, sir.

Clifford Thomas Elphick
Gem Diamonds Limited - Founder, CEO & Director

All right. Good morning, everybody, and welcome to the 2018 Full Year Results Presentation. You all have the document and I will be referring to the page numbers which are on the bottom center of the page. So on page number 2, the disclaimer, if you could please read that at your leisure.

We go to page number 3, headed 2018 delivery. This is a summary of what happened last year. You'll see our revenues were up $267 million, that's up 25% on the back of more diamonds and better quality diamonds. So that was a really pleasing figure that flows through to the EBITDA, up 83% at $82 million. The EPS, obviously, very positively impacted.

On pricing, we had good diamonds and the market was strong. And that has flowed through

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