Lucapa Diamond reported a 20% revenue increase to US$28 million ($43 million) for the 2023 full year, compared to US$23.4 million ($35.9 million) recorded the previous year.

Despite a 12% decline in profit after tax to a loss of US$9.1 million ($14 million), operational results showed positive aspects.

The total carats recovered were 63,469, with an increased average price per carat sold at US$1,682 ($2,583).

Lucapa eliminated all debt and received dividends and loan repayments.