Lucara Diamond Corp. (T:LUC)
Business Focus: Diamond Mining
| Sector: Basic Materials | Industry: Non-Gold Precious Metals & Minerals |
| Company Contact | |
| Address: | 1250 Homer Street VANCOUVER BC V6B 2Y5 |
| Tel: | N/A |
| Website: | https://www.lucaradiamond.com |
| IR: | See website |
| Key People | ||
| William Lamb President, Chief Executive Officer, Director | ||
| Business Overview |
| Lucara Diamond Corp. is a Canada-based diamond mining company with a producing mine and exploration license in Botswana. Its 100% owned Karowe mine, located in Botswana. Karowe produces Type IIA diamonds in excess of 10.8 carats, including the historic 1,758 Sewelo, the 1,109 carat Lesedi La Rona and the 813 carat Constellation. It also owns Clara Diamond Solutions, a secure, digital sales platform positioned to modernize the existing diamond supply chain. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Lucara Diamond Corp revenues decreased 17% to $177.4M. Net loss totaled $20.2M vs. income of $40.4M. Revenues reflect karowe Mine segment decrease of 15% to $172.4M, Corporate & Other segment decrease of 46% to $5M. Net loss reflects Loss (gain) on derivative financial inst increase from $10.7M (income) to $1.7M (expense), Professional Fees increase of 59% to $4.9M (expense). |
| Employees: | 601 as of Dec 31, 2022 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $315.37M as of Dec 31, 2023 |
| Annual revenue (TTM): | $243.94M as of Dec 31, 2023 |
| EBITDA (TTM): | $76.96M as of Dec 31, 2023 |
| Net annual income (TTM): | -$27.77M as of Dec 31, 2023 |
| Free cash flow (TTM): | -$72.12M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | $175.78M as of Dec 31, 2023 |
| Shares outstanding: | 458,077,393 as of Jan 16, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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