Gem Diamonds Ltd.

GEMD · Main Market · Basic Resources · mcap £16m · 9.5p

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Financials · LTM to 30 Jun 26

Source: results 03 Sep 26 ↗

Going-concern uncertainty

Revenue: £84.1m
Operating profit: −£48.7m
Net income: −£69.4m
Free cash flow: £25.4m
Net debt: £356k
Market cap: £13.4m
EV / EBIT: –
FCF yield: +190.3%
Price / book: 0.1×

Latest half-year · H1 26 vs H1 25 results 03 Sep 26 ↗

Revenue: £44.4m
Operating profit: £3.8m
Net income: £469k
Cash from operations: £17.6m

Extracted automatically from the company's results announcements; check the source before relying on a figure. Not investment advice.

Income statement Cash flow Balance sheet

Annual Half-yearly

Latest report: H1 26 (six months to 30 Jun 26), published 03 Sep 26 · read the results ↗

£m unless stated · newest first · italic = calculated (LTM, H2 = FY − H1) · hover a value for its source

	LTM Jun 26	FY 25	FY 24
Revenue	84.1	74.7	120.7
Gross profit	8.0	2.8	33.5
Adjusted EBITDA	11.4	3.0	23.2
Adjusted operating profit	–	(4.8)	14.7
Exceptional / adjusting items	–	(61.5)	0.0
Operating profit	(48.7)	(66.3)	14.7
Share-based payments	(0.2)	(0.2)	(0.4)
Finance costs	(4.2)	(4.4)	(5.7)
Profit before tax	(52.1)	(69.9)	9.7
Tax	12.2	14.8	(2.6)
Net income (owners)	(69.4)	(78.9)	2.3
Discontinued operations	(39.9)	(38.7)	(0.7)
EPS basic	(48.8p)	(55.2p)	1.7p
EPS diluted	(48.8p)	(55.2p)	1.6p

	H1 26	vs H1 25	H2 25	H1 25
Revenue	44.4	+27%	39.7	35.0
Gross profit	4.9	n/m	3.1	(0.3)
Adjusted EBITDA	6.4	n/m	5.0	(2.0)
Operating profit	3.8	n/m	(52.5)	(13.8)
Share-based payments	(0.1)	−27%	(0.1)	(0.1)
Finance costs	(1.9)	−11%	(2.3)	(2.1)
Profit before tax	2.3	n/m	(54.4)	(15.5)
Tax	(0.7)	n/m	12.9	1.9
Net income (owners)	0.5	n/m	(69.9)	(9.0)
Discontinued operations	0.0	n/m	(39.9)	1.2
EPS basic	0.3p	–	(49.1p)	(6.1p)
EPS diluted	0.3p	–	(49.1p)	(6.1p)

	LTM Jun 26	FY 25	FY 24
Cash from operations	28.6	4.8	40.1
Interest paid	(3.4)	(3.7)	(4.3)
Tax paid	(2.4)	(9.4)	(0.3)
Capex (PP&E)	(1.9)	(3.4)	(4.5)
Lease principal paid	(1.3)	(1.4)	(2.1)

	H1 26	vs H1 25	H2 25	H1 25
Cash from operations	17.6	n/m	11.0	(6.2)
Interest paid	(1.5)	−15%	(2.0)	(1.7)
Tax paid	(0.0)	−100%	(2.4)	(7.1)
Capex (PP&E)	(0.2)	−89%	(1.7)	(1.7)
Lease principal paid	(0.7)	−9%	(0.7)	(0.7)

	Latest Jun 26	FY 25	FY 24
Other intangibles	–	0.0	8.1
Property, plant & equipment	147.9	156.9	215.0
Inventories	31.6	32.2	27.1
Trade receivables	3.4	8.9	5.3
Cash	15.2	2.8	10.3
Current assets	50.3	45.2	–
Total assets	211.0	207.8	278.2
Trade payables	4.8	4.2	9.3
Borrowings, current	12.6	13.8	3.5
Lease liabilities, current	0.7	1.2	2.0
Current liabilities	21.1	19.3	–
Borrowings, non-current	3.0	4.6	13.3
Lease liabilities, non-current	0.9	0.9	1.8
Total liabilities	73.8	75.2	100.6
Non-controlling interests	53.2	51.0	64.0
Total equity	137.2	132.6	177.6
Net cash / (debt) ex leases	(0.4)	(14.9)	(5.8)
Net cash / (debt) incl. leases	(0.4)	(14.9)	(5.8)
Treasury shares	-1.2m	-1.2m	-1.2m
Undrawn facilities	52.7	50.7	–

	H1 26	H2 25	H2 24
Other intangibles	–	0.0	8.1
Property, plant & equipment	147.9	156.9	215.0
Inventories	31.6	32.2	27.1
Trade receivables	3.4	8.9	5.3
Cash	15.2	2.8	10.3
Current assets	50.3	45.2	–
Total assets	211.0	207.8	278.2
Trade payables	4.8	4.2	9.3
Borrowings, current	12.6	13.8	3.5
Lease liabilities, current	0.7	1.2	2.0
Current liabilities	21.1	19.3	–
Borrowings, non-current	3.0	4.6	13.3
Lease liabilities, non-current	0.9	0.9	1.8
Total liabilities	73.8	75.2	100.6
Non-controlling interests	53.2	51.0	64.0
Total equity	137.2	132.6	177.6
Net cash / (debt) ex leases	(0.4)	(14.9)	(5.8)
Net cash / (debt) incl. leases	(0.4)	(14.9)	(5.8)
Treasury shares	-1.2m	-1.2m	-1.2m
Undrawn facilities	52.7	50.7	–

Line items extracted automatically from each results announcement; when a later report restates a period, the later figure is shown. LTM and H2 are calculated from reported periods. Check the source before relying on a figure.

Company filings. Not investment advice.