Full Year 2021 Gem Diamonds Ltd Earnings Call Transcript

Mar 17, 2022 / 09:30AM GMT
Operator

Good day, ladies and gentlemen, and welcome to the Gem Diamonds 2021 Annual Results Presentation. (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, and good morning, everybody, and thanks for your attendance. If we flick over, Janine, please, to Slide #3, which is the 2021 in review page.

Here are the high-level numbers. We'll be talking in detail to constituents of this page. But just in summary, a decent revenue number, good EBITDA. Carats recovered was pleasing, good EPS. We had some difficulties during the year with our safety record, but we managed pleasingly to catch it. We shut down for a day to just focus everybody, and I'm pleased to say that we ended up in a reasonable position. Mike will later on talk about the financial position but good to have cash on the balance sheet.

Bottom left-hand corner, the

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