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Lucapa Diamond Co.
(Sydney:LOM)
Lucapa Diamond Co. (LOM) vs. iShares MSCI Australia ETF (EWA)
Lucapa Diamond Co. Business Overview & Revenue Model
Lucapa Diamond Co. Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 0.00 | 28.00M | 23.35M | 26.79M | 4.61M | Gross Profit |
| 0.00 | 37.00K | -14.23M | 4.51M | -2.20M | EBIT |
| -5.13M | -10.52M | -23.14M | -3.93M | -6.74M | EBITDA |
| -2.55M | -10.73M | -7.48M | 11.12M | -3.35M | Net Income Common Stockholders |
| -20.49M | -9.05M | -10.30M | 4.50M | -9.74M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 194.00K | 1.32M | 10.18M | ― | ― | Total Assets |
| 67.66M | 81.73M | 158.45M | 127.10M | 109.32M | Total Debt |
| 623.00K | 235.00K | 8.71M | 19.80M | 24.28M | Net Debt |
| 429.00K | -1.08M | -1.48M | 12.46M | 20.17M | Total Liabilities |
| 2.88M | 10.45M | 32.66M | 37.21M | 39.46M | Stockholders Equity |
| 64.78M | 88.72M | 140.53M | 95.64M | 74.32M |
| Cash Flow | Free Cash Flow | |||
| -4.90M | -7.97M | -11.58M | -11.58M | ― | Operating Cash Flow |
| -2.71M | -2.90M | -5.16M | ― | ― | Investing Cash Flow |
| 311.00K | 2.81M | 11.07M | -12.76M | ― | Financing Cash Flow |
| 1.12M | -5.46M | -6.34M | 13.65M | 10.97M |
Lucapa Diamond Co. Technical Analysis
Lucapa Diamond Co. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
51 Neutral | $2.03B | -1.27 | -21.09% | 3.98% | 2.91% | -30.50% | |
42 Neutral | AU$8.80M | ― | -31.27% | ― | ― | 22.73% | |
36 Underperform | €6.45M | ― | -31.67% | ― | -100.00% | -73.77% | |
| €3.98M | ― | -76.62% | ― | ― | ― | ||
| AU$32.69M | ― | -88.57% | ― | ― | ― | ||
42 Neutral | AU$83.72M | ― | ― | ― | ― | ||
33 Underperform | AU$10.48M | ― | -134.74% | ― | ― | -46.67% |
Lucapa Diamond Co. Corporate Events
Lucapa Diamond Company reported a strong start to 2025, with a 74% increase in diamond grade recovered and a 36% rise in revenue compared to the same period in 2024, despite challenges such as a local community blockade and the Angolan wet season. The company finalized the Lulo JV Mineral Investment Contract, increasing its stake to 51%, and identified promising exploration targets at its Merlin project, which could enhance its market positioning and stakeholder value.
Lucapa Diamond Company Limited has announced its Annual General Meeting, scheduled for May 29, 2025, in Perth, Australia. The company has opted not to send physical copies of the meeting notice, instead directing shareholders to access it online. Shareholders are encouraged to participate and submit proxy votes by May 27, 2025, to ensure their votes are counted.
Lucapa Diamond Company Limited has announced its Annual General Meeting (AGM) scheduled for May 29, 2025, in Perth, WA. Key agenda items include the consideration of the company’s financial statements, the adoption of the Remuneration Report, the election of Mr. Miles Kennedy as a director, and the approval of a 10% placement capacity. These resolutions are crucial for the company’s governance and strategic direction, impacting shareholder interests and the company’s operational capabilities.
Lucapa Diamond Company Limited has released its corporate governance statement for the financial year ending December 31, 2024, which has been approved by the Board and is available on their website. The statement outlines the company’s adherence to the ASX Corporate Governance Council’s principles and recommendations, highlighting their commitment to transparency and accountability in management and oversight. This disclosure is crucial for stakeholders as it provides assurance of the company’s governance practices and compliance with regulatory standards.
Lucapa Diamond Company Limited announced an updated JORC Classified Inferred Alluvial Diamond Resource for its Lulo diamond concession in Angola, marking a 9% increase in carats to 249,000. This update, which represents the seventh consecutive year of resource growth, also includes a 15% increase in the diluted volume of gravel available for mining, ensuring at least eight years of production capacity. The average modelled diamond value stands at US$1,581 per carat, highlighting the continued high value of Lulo’s diamond output.
Lucapa Diamond Company Limited announced the cessation of 1,092,034 performance rights due to the lapse of conditional rights that were not satisfied. This cessation may impact the company’s issued capital and could influence stakeholder perceptions regarding the company’s operational performance and strategic direction.
Lucapa Diamond Company Limited has issued 368,459 fully paid ordinary shares following the exercise of vested performance rights as part of its Incentive Plan. This move is aimed at retaining key employees by rewarding them upon achieving short-term performance goals, reflecting the company’s commitment to aligning staff incentives with business success and maintaining compliance with corporate regulations.
Lucapa Diamond Company Limited has announced the anticipated date for its Annual General Meeting (AGM) to be held on or around May 29, 2025. The meeting will include the election of directors, with nominations closing on April 7, 2025. This announcement is part of the company’s ongoing governance practices and provides stakeholders with an opportunity to participate in the company’s strategic direction.
Lucapa Diamond Company Limited announced the sale of two Type IIa diamonds from the Lulo Alluvial Mine for a total of US$3.5 million at a tender in Angola. The sale, which averaged US$20,400 per carat, indicates a recovering diamond market, offering a promising outlook for the company in 2025. This positive development is expected to bolster Lucapa’s operations and market positioning, benefiting stakeholders by potentially increasing revenue and enhancing the company’s reputation in the global diamond industry.
Lucapa Diamond Company Limited released its financial report for the year ended 31 December 2024, detailing its operational and financial performance. The report provides insights into the company’s financial position, including statements of profit or loss, comprehensive income, and cash flows, which are crucial for stakeholders to assess the company’s financial health and future prospects.
Lucapa Diamond Company Limited reported its financial results for the year ending December 31, 2024, highlighting a rough diamond revenue of US$54.2 million and an average realized price per carat of US$1,980. The company divested its 70% stake in the Mothae Diamond Mine in Lesotho, which impacted its financials, as seen in the transition from a loss to a profit in discontinued operations. This strategic divestment, along with other financial maneuvers like a placement and share purchase plan, positions Lucapa to focus on its core operations and potentially improve its market standing.
Lucapa Diamond Company Limited announced the resumption of mining activities at the Lulo Alluvial Diamond Mine in Angola after resolving a blockade by local community leaders. Despite the disruption, diamond processing continued from stockpiled materials, and the company plans to adjust its mining strategy to mitigate the impact on operations. The company also reaffirmed its commitment to ongoing social programs within the local community.
Lucapa Diamond Company Limited announced a change in the director’s interest notice for Alex Kidman. The update reveals that Kidman has acquired 624,300 listed options, which are free attaching options to shares issued as part of his remuneration, approved at a recent general meeting. This change in director’s interest highlights the company’s ongoing adjustments to executive compensation and may impact stakeholder perception regarding corporate governance and incentive structures.
Lucapa Diamond Company Limited has released its updated top holders report, indicating the primary stakeholders of its listed options expiring on February 6, 2028, priced at $0.06. HSBC Custody Nominees (Australia) Limited holds the largest share at 19.71%, followed by L39 Pty Ltd with 14.59%. This detailed disclosure provides insight into the company’s shareholder structure, potentially impacting investor confidence and market perceptions of Lucapa’s financial health and strategic direction.
Lucapa Diamond Company Limited has announced the application for the quotation of 95,124,993 securities, which are set to expire on February 6, 2028. This move is part of previously disclosed transactions and could impact the company’s market position by potentially increasing liquidity and providing additional capital for its operations.