Detail akcie CHRLES AND CLVRD online

Business Summary: Charles & Colvard, Ltd. is a fine jewelry company that specializes in moissanite and lab grown diamonds. The Company operates through two segments: Online Channels and Traditional. The Online Channels segment consists of e-commerce outlets, including charlesandcolvard.com, moissaniteoutlet.com, third-party online marketplaces, drop-ship retail, and other pure-play, exclusively e-commerce outlets. The Traditional segment consists of wholesale and retail customers, including its own Charles & Colvard Signature Showroom and charlesandcolvarddirect.com. The Company manufactures, markets, and distributes Charles & Colvard Created Moissanite and finished jewelry featuring moissanite, including Forever One, the Company’s premium moissanite gemstone brand, for sale in the worldwide fine jewelry market. The Company also markets and distributes Caydia lab grown diamonds and finished jewelry featuring lab grown diamonds for sale in the worldwide fine jewelry market.
Financial Summary: BRIEF: For the six months ended 31 December 2023, Charles & Colvard, Ltd. revenues decreased 28% to $12.9M. Net loss increased from $1.9M to $5.4M. Revenues reflect Traditional segment decrease of 55% to $2.3M, Online Channels segment decrease of 17% to $10.6M, United States segment decrease of 27% to $12.5M, International segment decrease of 47% to $347K. Higher net loss reflects General and administrative increase of 29% to $3.4M (expense).