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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Half Year 2020 Gem Diamonds Ltd Earnings Call Transcript

Sep 03, 2020 / 08:30AM GMT
Release Date Price: £0.33 (-2.94%)
Operator

Good morning, ladies and gentlemen, and welcome to the Gem Diamonds Half Year Results Presentation. (Operator Instructions)

I would now like to turn the conference over to Clifford Elphick. Please go ahead, sir.

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

Thank you very much, Dinara, and welcome, everybody to the half year results. As you will have seen from the presentation, we've titled this presentation Operating Responsibly in Uncertain Times. And of course, that's really going to be the focus of our presentation today, how we've handled the COVID lockdown and all of the implications thereof.

Page #2 is the disclaimer. There's a lot of verbiage there, if you wouldn't mind reading that at your pleasure.

If we turn over then to page #3, this is the overview slide, captures all of the numbers, which I'm sure you'll be interested in. Revenue is down compared to normal, but still a very pleasing $70 million for us. EBITDA, important figure, obviously, the average dollar per carat too is

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