Adamas One Corp., a diamond company, produces single crystal diamonds and diamond materials for diamond jewelry industry and industrial markets in the United States and internationally. The company was incorporated in 2018 and is headquartered in Scottsdale, Arizona.

Adamas One Corp.

Adamas (NASDAQ: JEWL) is a Lab-Grown Diamond manufacturer that produces near flawless single-crystal diamonds for gemstone and industrial applications, in Greenville, South Carolina. The company produces chemical vapor deposition (CVD) gem-sized Lab-Grown Diamond crystals using processes pioneered by Apollo Diamond and has acquired Apollo Diamond’s technology and assets including several U.S. patents on the processes.

Adamas’ lab-grown diamonds are real diamonds, and thus they have the same physical and optical properties as diamonds formed by geological processes. The company’s controlled manufacturing processes enables it to produce very high-quality, high-purity, high volume, single-crystal colorless, near colorless and fancy colored diamonds to suit a variety of industrial and gemstone applications.

Not Mined. Not Fake. Just sped up perfection. ™

Digital Power Lending

Adamas One Corp

The Lab-Grown Diamond industry is experiencing explosive growth, with experts predicting it could reach a market value of $32.7 billion by 2028. https://bit.ly/3IiCGcW #labgrowndiamonds #jewelryindustry

Consumer demand for Lab-Grown Diamonds continues to disrupt the jewelry industry. Read the latest in Forbes:

India’s Prime Minister Narendra Modi presented the First Lady with a 7.5 carat Lab-Grown Diamond, bringing international attention to the ethical and environmentally friendly alternative to earth-mined gems.

Lab-Grown Diamonds are a game-changer for the jewelry industry, offering consumers a high-quality, conflict-free option that doesn't compromise on beauty or value. www.adamasone.com 

#conflictfree #beauty

We're looking forward to working closely with Neon Flux, who have produced high impact, results driven programs for a wide array of well-known clients including W Hotels, Nordstrom, Macy's, IKEA, and Bacardi. Learn more: https://bit.ly/43Wjf2g

We are using #AI-driven solutions to optimize our manufacturing and business operations. Find out how we are using cutting-edge technology to revolutionize the Lab-Grown Diamond market. https://bit.ly/3C1EXWm #LabGrownDiamonds #Luxury

We have signed an LOI with Neon Flux to oversee branding, marketing, e-commerce and fulfillment for our Elle Jolie luxury jewelry line. Check out the impact the agency had when they partnered with Serious Skin Care on their e-commerce platform. Details here: https://bit.ly/43Wjf2g

Lab-Grown Diamonds are chemically and physically identical to natural diamonds, but are produced in a fraction of the time and without the environmental impact of mining. www.adamasone.com 

#science #technology #diamonds

Adamas One CEO Jay Grdina comments on appointing renowned digital agency Neon Flux to manage branding and marketing, e-commerce and fulfillment for the Company's luxury Lab-Grown Diamond business. https://bit.ly/43Wjf2g

We are excited to announce that we have entered into a Letter of Intent (LOI) with the renowned Miami-based digital agency, Neon Flux, to oversee the branding, marketing, e-commerce and fulfillment of Elle Jolie, our luxury jewelry retail business. Find out more about the partnership here: https://bit.ly/43Wjf2g

	Sep '20	Sep '21	Sep '22	Sep '23
net income	-8.41M -	-12.11M 43.98%	-11.07M 8.63%	-22.54M 103.69%
depreciation and amortization	1.24M -	1.16M 5.74%	390.20K 66.48%	429.85K 10.16%
deferred income tax	-6.84M -	-10.68M 56.09%
stock based compensation	4.36M -	8.31M 90.64%	6.77M 18.54%	5.99M 11.47%
change in working capital	1.94M -	426.16K 78.05%	436.69K 2.47%	-2.60M 695.11%
accounts receivables			-1.56M -	-280.18K 82.05%
inventory	-11.76K -	-39.23K 233.70%	26.31K 167.06%	-1.50M 5,788.07%
accounts payables
other working capital	1.95M -	465.39K 76.18%	1.97M 323.51%	-822.05K 141.71%
other non cash items	6.84M -	10.68M 56.09%	320.09K 97.00%	20.58M 6,330.22%
net cash provided by operating activities	-876.44K -	-2.21M 152.26%	-3.15M 42.48%	-6.77M 114.81%
investments in property plant and equipment	-129.05K -	-229.24K 77.64%		-1.46M -
acquisitions net
purchases of investments
sales maturities of investments
other investing activites				-1.46M -
net cash used for investing activites	-129.05K -	-229.24K 77.64%		-1.46M -
debt repayment	-798.99K -	-2.28M 184.95%	-2.88M 26.35%	-236.73K 91.77%
common stock issued	200K -	425K 112.50%	100K 76.47%	9.13M 9,032.75%
common stock repurchased				-1.20M -
dividends paid
other financing activites	1.60M -	4.55M 184.95%	5.75M 26.35%	-558.66K 109.71%
net cash used provided by financing activities	998.99K -	2.70M 170.45%	2.98M 10.17%	8.17M 174.46%
effect of forex changes on cash
net change in cash	-6.49K -	261.60K 4,128.26%	-173.58K 166.36%	-62.15K 64.20%
cash at beginning of period	6.72K -	224 96.67%	261.82K 116,783.48%	88.23K 66.30%
cash at end of period	224 -	261.82K 116,783.48%	88.23K 66.30%	26.09K 70.43%
operating cash flow	-876.44K -	-2.21M 152.26%	-3.15M 42.48%	-6.77M 114.81%
capital expenditure	-129.05K -	-229.24K 77.64%		-1.46M -
free cash flow	-1.01M -	-2.44M 142.68%	-3.15M 29.10%	-8.23M 161.31%

COM:ADAMASONE

Adamas One Corp.

Last Close

0.04

22/11 20:59

Market Cap

13.33M

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Volume Today

21.12K

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