Gem Diamonds Ltd (LSE:GEMD)
£ 0.11925 -0.00825 (-6.98%) Market Cap: 15.37 Mil Enterprise Value: 25.75 Mil PE Ratio: 23.65 PB Ratio: 0.15 GF Score: 53/100

Full Year 2022 Gem Diamonds Ltd Earnings Call Transcript

Mar 16, 2023 / 09:30AM GMT
Release Date Price: £0.2625 (-4.89%)
Operator

Good morning, ladies and gentlemen, and welcome to the Gem Diamonds' annual results presentation. (Operator Instructions)

Please note that this call is being recorded.

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

Clifford Elphick
Gem Diamonds Limited - CEO

Right. Welcome, everybody. Sorry about the technical glitch. The annual report and accounts for Gem for the year ended December 2022. If we turn over to page 3, please, Janine.

Right. Here's the highlights package. I'm sure you've all had a look at this while I was talking. I gather you couldn't hear what I was saying. A few points that I'd like to draw your attention to: EBITDA figure, $43.7 million. Carats recovered on the top right. The all injury frequency rate is a good result. We'll talk about that in some detail.

And then important point is the dollar per carat achieved, $1,755. And on the bottom right, the dividend and share buyback, a combination of $4.8 million. And Michael will refer to that in some detail. You

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