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 2022 Gem Diamonds Ltd Earnings presentation Transcript

Sep 01, 2022 / 08:30AM GMT
Release Date Price: £0.345 (-1.71%)
Operator

Good day, ladies and gentlemen, and welcome to the Gem Diamonds Half Year Results Presentation. All participants are in a listen-only mode and there will be an opportunity to ask questions later during the conference. (Operator Instructions) Please also note that this event is being recorded. I would now like to turn the conference over to the CEO, Mr. Clifford Elphick. Please go ahead, sir.

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

Thank you, Chris. Good morning, everybody, and welcome to the Gem 2022 Half Year Results. We'll be stepping through the presentations, which you have on your screens.

If you turn to Page 3. This is a summary of half 1 figures there. As you'll see, we achieved revenue of $100 million and an EBITDA of $21 million. 55,000 carats recovered. If you look at the other data presented, our all injury frequency rate of 0.82 slightly higher than last 6 months, but nevertheless, in a good position.

Net cash, $12 million, a little bit less than we planned, but we'll speak about

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