The earnings call highlighted significant operational and sustainability improvements, but these were overshadowed by major challenges in the diamond market, revenue declines, and workforce reductions. Despite efforts to optimize operations and maintain flexibility, the financial pressures and market uncertainties weighed heavily on the company's performance.

Company Guidance

In the call, Gem Diamonds provided guidance for its half-year results ending June 30, 2025, highlighting several key metrics. The company recovered approximately 47,000 carats, achieving a dollar per carat of just over $1,000, which contributed to a revenue of $45.5 million. However, the company reported a negative EBITDA of $2.6 million and a loss per share of $0.084. The company has net debt of $28 million, but it maintains access to undrawn facilities of close to $56 million. Operational efficiency is improving, as evidenced by a record low all injury frequency rate of 0.51 and a decarbonization target progressing toward a 30% reduction by 2030, with a 3% reduction in the first half of 2025 compared to the same period in 2024. Despite the challenging diamond market, Gem Diamonds has implemented cost-saving measures, including a workforce reduction of 240 employees, achieving monthly savings of $1.5 million starting in October. The company is adjusting its mine plans to optimize cash flow while maintaining flexibility for future market improvements.

Strong Safety Performance

Record low all injury frequency rate of 0.51 for H1 2025, with zero lost time injuries year-to-date.

Sustainability Progress

Carbon emissions on track for a 30% reduction by 2030, with a 3% decrease compared to H1 2024.

Operational Efficiency Improvements

Significant cost savings achieved through in-sourcing key activities, maintaining ore throughput at 5 million tonnes per annum.

Flexible Mine Plan

Revised mine plan allows for quick adaptation to changing market conditions, maintaining flexibility for future price improvements.

Gem Diamonds (GB:GEMD) Earnings, Revenues Date & History

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GB:GEMD Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Mar 12, 2026	2025 (Q4)	- / -	0.005	―	―	―
Sep 04, 2025	2025 (Q2)	- / -0.07	0.01	-778.57% (-0.08)	―	―
Mar 13, 2025	2024 (Q4)	- / <0.01	-0.008	162.50% (+0.01)	―	―
Aug 29, 2024	2024 (Q2)	- / 0.01	-0.005	300.00% (+0.02)	―	―
Mar 14, 2024	2023 (Q4)	- / >-0.01	0.024	-124.24% (-0.03)	―	―
Aug 31, 2023	2023 (Q2)	- / >-0.01	0.025	-120.59% (-0.03)	―	―
Mar 16, 2023	2022 (Q4)	- / 0.03	0.029	13.79% (<+0.01)	―	―
Sep 01, 2022	2022 (Q2)	- / 0.03	0.056	-55.26% (-0.03)	―	―
Mar 17, 2022	2021 (Q4)	- / 0.03	0.084	-65.48% (-0.06)	―	―
Sep 02, 2021	2021 (Q2)	0.03 / 0.06	<0.001	7500.00% (+0.06)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

GB:GEMD Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Sep 04, 2025	6.68p	3.40p	-49.10%
Mar 13, 2025	9.54p	9.40p	-1.47%
Aug 29, 2024	13.85p	14.80p	+6.86%
Mar 14, 2024	9.66p	10.08p	+4.35%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Gem Diamonds (GB:GEMD) report earnings?

Gem Diamonds (GB:GEMD) is schdueled to report earning on Mar 12, 2026, Before Open (Confirmed).

What is Gem Diamonds (GB:GEMD) earnings time?

Gem Diamonds (GB:GEMD) earnings time is at Mar 12, 2026, Before Open (Confirmed).

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What companies are reporting earnings today?

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What is the P/E ratio of Gem Diamonds stock?

The P/E ratio of Gem Diamonds is N/A.

What is GB:GEMD EPS forecast?

Currently, no data Available