Annual Report : FY20 vs FY13•Average Pearl Size (Momme) – down 35%•Marketable Grade % - down 43%Source : Numantu post (24/6/21) in thread "funding and company update June 21".
Sorry, not very good with chart, but wanted to update it with FY 21 figures :
- average pearl size : 0.45 in FY 21,
- marketable grade : 37 % in FY 21.
These figures above illustrate what the company says ("promising results to overall harvest quality").
This is another reason, apart from online auction, which explained the large increase of their gross margin in FY 21 : GM of 53.6 % in FY 21 vs a range of 36.6 % to 39.1 % between FY18 and FY 20.
Pearls size and grade
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