Sarine Technologies

Company Overview

Snapshot

Founded in November 1988, Sarine Technologies operates with 201–500 employees, focusing on developing precision technology for the diamond and gem industries. The company went public on the TASE in July 2021, following its initial public offering on the Singapore Exchange in March 2005.

Business overview

Sarine Technologies specializes in creating precision technology products for the global diamond and gem industries. The company's core offerings include advanced tools for the planning, processing, evaluation, and measurement of diamonds and gems, such as the DiaExpert Edge for 3D modeling and Sarine Connect for showcasing. They also provide technologies for analyzing rough diamonds, with products like Galaxy Tension and Solaris 100, alongside software solutions such as Advisor for rough diamond planning and Instructor for polished diamond grading. Sarine Technologies serves the industrial manufacturing and commerce & retail sectors, particularly within the jewelry and mining industries, aiming to enhance accuracy and efficiency in diamond and gem operations.

Strategic signal

Sarine Technologies' dual listing on the TASE in July 2021, following its initial public offering on the Singapore Exchange in March 2005, signals a strategic move to broaden its investor base and enhance market visibility. This expansion into additional public markets suggests a mature company seeking increased liquidity and access to capital, reinforcing its position as a key technology provider in the global diamond and gem industry.

Company Intelligence Q&A

When did Sarine Technologies go public on the TASE?

Sarine Technologies went public on the TASE in July 2021.

When did Sarine Technologies go public on the Singapore Exchange?

Sarine Technologies went public on the Singapore Exchange in March 2005.

What was a significant acquisition made by Sarine Technologies?

Sarine Technologies acquired Diamining in June 2016. The financial terms of the acquisition were undisclosed.

What was another acquisition made by Sarine Technologies?

Sarine Technologies acquired Galeatea in April 2008. The financial terms of the acquisition were undisclosed.

What was Sarine Technologies' financial performance in the first half of 2024?

Sarine Technologies reported an EPS of US$0.003 in the first half of 2024, consistent with its performance in the first half of 2023.