Gem Diamonds (LON:GEMD) Full Year 2022 Results
Key Financial Results
- Revenue: US$188.9m (down 6.4% from FY 2021).
- Net income: US$10.2m (down 45% from FY 2021).
- Profit margin: 5.4% (down from 9.2% in FY 2021). The decrease in margin was driven by lower revenue.
- EPS: US$0.073 (down from US$0.13 in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Gem Diamonds EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 30%.
Looking ahead, revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Metals and Mining industry in the United Kingdom.
Performance of the British Metals and Mining industry.
The company's shares are down 7.6% from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Gem Diamonds, and understanding them should be part of your investment process.
Valuation is complex, but we're here to simplify it.
Discover if Gem Diamonds might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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