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Charles And Colvard Ltd's Business Segments
Charles And Colvard Ltd's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of Q1 FY2025
Reportable Segments
2
Largest Segment
Online Channels Segment
Total Revenue
$ 3
Countrys Reported
1
Revenue Share by Reportable Segment - Q1 FY2025
- Online Channels Segment66.9%
- Traditional Segment33.1%
Revenue by Reportable Segment - Q1 FY2025
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Online Channels Segment | $ 2 | 66.9% |
| Traditional Segment | $ 1 | 33.1% |
Revenue Share by Country - Q1 FY2025
- US100%
Revenue by Geographic Country - Q1 FY2025
| Country | Revenue (Millions) | % of Total |
|---|---|---|
| US | $ 3 | 100% |
Revenue by Product & Service Category - Q1 FY2025
- Finished Jewelry28.3%
- Loose Jewels4.8%
Revenue by Product & Service Category - Q1 FY2025
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Finished Jewelry | $ 1 | 28.3% |
| Loose Jewels | $ 0 | 4.8% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
Description of Charles And Colvard Ltd
Charles & Colvard Ltd. is a global supplier of created moissanite gemstones, a beautiful alternative to diamonds. The company was founded in 1995 and is headquartered in Morrisville, North Carolina, United States.
Charles & Colvard is known for its commitment to ethical practices and sustainability. They use environmentally responsible methods to create their moissanite gemstones, ensuring that no harm is caused to humans or the environment during production. The company is also a member of the Responsible Jewellery Council, which signifies their dedication to responsible practices in the jewelry industry.
The company's primary product is moissanite, a lab-created gemstone that possesses similar optical properties to natural diamonds. Moissanite is highly regarded for its brilliance, durability, and affordability. It is nearly as hard as a diamond, rating 9.25 on the Mohs scale, which measures the hardness of minerals. Moissanite also has exceptional fire and brilliance, giving it an intense sparkle.
Charles & Colvard offers a wide range of moissanite jewelry, including engagement rings, earrings, necklaces, bracelets, and loose stones for custom designs. Their jewelry collection features various cuts, such as round, princess, cushion, radiant, and more, catering to different style preferences.
The company prides itself on being a pioneer in the moissanite industry, constantly striving for innovation and cutting-edge technology. They have invested heavily in research and development to perfect the process of creating moissanite gemstones, ensuring that they meet the highest standards of quality and craftsmanship.
In addition to their commitment to producing sustainable and ethically sourced gemstones, Charles & Colvard also focuses on providing exceptional customer service. They offer a lifetime warranty on their moissanite gemstones, ensuring that customers are satisfied with their purchase for years to come. They also provide a 30-day return policy for any items that do not meet the customer's expectations.
Charles & Colvard sells their products through their website, authorized retailers, and various e-commerce platforms. They have a strong online presence, leveraging social media platforms to engage with customers and showcase their stunning moissanite jewelry collections.
Overall, Charles & Colvard Ltd. is a leading supplier of created moissanite gemstones, offering an ethical and sustainable alternative to natural diamonds. With their dedication to quality, innovation, and customer satisfaction, they have established themselves as a trusted name in the jewelry industry.
Charles & Colvard is known for its commitment to ethical practices and sustainability. They use environmentally responsible methods to create their moissanite gemstones, ensuring that no harm is caused to humans or the environment during production. The company is also a member of the Responsible Jewellery Council, which signifies their dedication to responsible practices in the jewelry industry.
The company's primary product is moissanite, a lab-created gemstone that possesses similar optical properties to natural diamonds. Moissanite is highly regarded for its brilliance, durability, and affordability. It is nearly as hard as a diamond, rating 9.25 on the Mohs scale, which measures the hardness of minerals. Moissanite also has exceptional fire and brilliance, giving it an intense sparkle.
Charles & Colvard offers a wide range of moissanite jewelry, including engagement rings, earrings, necklaces, bracelets, and loose stones for custom designs. Their jewelry collection features various cuts, such as round, princess, cushion, radiant, and more, catering to different style preferences.
The company prides itself on being a pioneer in the moissanite industry, constantly striving for innovation and cutting-edge technology. They have invested heavily in research and development to perfect the process of creating moissanite gemstones, ensuring that they meet the highest standards of quality and craftsmanship.
In addition to their commitment to producing sustainable and ethically sourced gemstones, Charles & Colvard also focuses on providing exceptional customer service. They offer a lifetime warranty on their moissanite gemstones, ensuring that customers are satisfied with their purchase for years to come. They also provide a 30-day return policy for any items that do not meet the customer's expectations.
Charles & Colvard sells their products through their website, authorized retailers, and various e-commerce platforms. They have a strong online presence, leveraging social media platforms to engage with customers and showcase their stunning moissanite jewelry collections.
Overall, Charles & Colvard Ltd. is a leading supplier of created moissanite gemstones, offering an ethical and sustainable alternative to natural diamonds. With their dedication to quality, innovation, and customer satisfaction, they have established themselves as a trusted name in the jewelry industry.
The company operates two reportable business segments: Online Channels and Traditional. The Online Channels segment includes digital properties such as charlesandcolvard.com, moissaniteoutlet.com, charlesandcolvarddirect.com, and madenetwork.com, as well as e-commerce outlets including marketplaces, drop-ship customers, and exclusively e-commerce customers. The Traditional segment comprises domestic and international distributors and retail customers, including end consumers through the Charles & Colvard Signature Showroom, which opened in October 2022. Segment reporting is based on the management approach, utilizing internal reporting for operating decisions and performance evaluation. The company operates within a complex e-commerce environment across global markets and focuses on developing a brand of gemstones and fine jewelry featuring moissanite and lab-grown diamonds. Its strategy centers on direct consumer relationships, educational content, product quality, affordability, and innovation in lab-created gemstone technologies, with an emphasis on domestic and global marketplace sales.