Li-Cycle Holdings Corp

Li-Cycle Holdings Corp. engages in lithium-ion battery resource recovery and lithium-ion battery recycling in North America. The company was founded by Ajay Kochhar and Timothy Johnston in 2016 and is headquartered in Toronto, Canada.

Earnings data Q3 2021

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Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Li-Cycle reports robust Q4 performance, eyes lithium market opportunities

Li-Cycle's Q4 2022 earnings call showcased strong performance, financial resilience, and strategic advancements, positioning the company for continued success in the battery recycling industry.
Despite challenges in managing operations and market dynamics, the company's focus on innovation, partnerships, and value extraction from black mass sets a solid foundation for future growth.
By leveraging its strengths, addressing challenges, and seizing opportunities in the market, Li-Cycle remains optimistic about its growth prospects and long-term sustainability in the industry.

Li-Cycle reports robust Q1 performance, poised for market leadership

Li-Cycle Holdings Corp (LICY) delivered a strong performance in Q1 2023, showcasing strategic achievements, financial strength, and a clear growth trajectory in the battery materials sector.
Despite facing challenges in operational efficiency and network optimization, the company's solid partnerships, financial resilience, and strategic focus position it well for future growth and market leadership.
With a focus on seizing growth opportunities, enhancing operational efficiency, and leveraging industry partnerships, Li-Cycle is poised to capitalize on market trends, drive innovation, and deliver sustainable value to stakeholders.

Li-Cycle reports robust Q2 results, secures DOE loan, eyes global expansion

Li-Cycle's Q2 performance reflects strong operational progress, revenue growth, and strategic advancements in hub construction and partnerships.
Despite challenges such as tax credit uncertainty and operational complexities, the company's strengths in financing, partnerships, and sustainable technology position it for future success.
Opportunities for expansion, market leadership, and innovation in sustainable battery recycling underscore Li-Cycle's growth potential and strategic positioning in the industry.
Overall, Li-Cycle's focus on sustainable technology, strategic partnerships, and operational efficiency aligns with its goal to become a top global producer of battery-grade materials.

Li-Cycle pauses Rochester Hub construction due to cost challenges

Li-Cycle Holdings Corp faced challenges in Q3 2023 with escalating costs at the Rochester Hub project, leading to a budget increase and a pause in construction. The company is actively managing liquidity, exploring funding options, and engaging with strategic partners for financing commitments. Despite these challenges, Li-Cycle remains committed to its long-term vision of creating a sustainable battery supply chain for clean energy.

Li-Cycle reports robust Q4 earnings, secures DOE loan for growth

Li-Cycle Holdings Corp (LICY) showcased strong financial performance, strategic partnerships, and prudent financial management in Q4 2023.
While facing challenges such as construction pauses and market uncertainties, the company is well-positioned to capitalize on growth opportunities.
Engagement with the DOE for potential funding and focus on industry demand trends highlight Li-Cycle's commitment to sustainable growth and innovation.
Management's proactive approach to addressing challenges and seizing opportunities underscores the company's resilience and strategic vision.

Li-Cycle reports strong Q1 earnings, secures investments for growth

Li-Cycle's Q1 2024 earnings call showcased strong financial performance, sustainability achievements, and strategic advancements. While facing challenges in cost management and operational processes, the company is well-positioned to capitalize on opportunities in the EV battery recycling market.

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TORONTO--( BUSINESS WIRE )--Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America, today announced that it has filed its audited financial statements, MD&A, CEO and CFO certifications and Annual Report on Form 20-F for the twelve months ended October 31, 2022 with applicable securities regulatory authorities. Li-Cycle's Annual Report on Form 20-F is also available on the Company's website, at www.li-cycle.com.

Li-Cycle Files Audited Financial Statements for FY2022

Li-Cycle Holdings Corp. (NYSE:LICY ) Q4 2022 Earnings Conference Call January 30, 2023 8:30 AM ET Company Participants Tim Johnston - Executive Chairman Ajay Kochar - President, Chief Executive Officer Debbie Simpson - Chief Financial Officer Nahla Azmy - Head of Investor Relations Conference Call Participants PJ Juvekar - Citi Jeff Rossetti - Cowen Evan Silverberg - Morgan Stanley Brian Dobson - Chardan Capital Markets Operator Good day everyone. My name is Todd and I will be your conference Operator today.

Li-Cycle Holdings (LICY) Q4 2022 Earnings Call Transcript

Li-Cycle Holdings Corp. (LICY) delivered earnings and revenue surprises of -5.56% and 63.11%, respectively, for the quarter ended October 2022. Do the numbers hold clues to what lies ahead for the stock?

Li-Cycle Holdings Corp. (LICY) Reports Q4 Loss, Lags Revenue Estimates

TORONTO--( BUSINESS WIRE )-- Li-Cycle Holdings Corp. (NYSE: LICY) ("Li-Cycle" or the “Company"), an industry leader in lithium-ion battery resource recovery and the leading LIB recycler in North America, today announced financial and operating results for its fourth quarter and year ended October 31, 2022. For the fourth quarter and year 2022, revenues were $3.0 million and $13.4 million, respectively, compared to $4.4 million and $7.3 million in the corresponding periods of 2021.

Li-Cycle Reports Fourth Quarter and Year 2022 Financial and Operational Results; Continued Execution of the Spoke & Hub Network Strategy

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Earnings Previews: Alliance Resource Partners, GE Healthcare, Li-Cycle, SoFi Technologies

TORONTO--( BUSINESS WIRE )--Li-Cycle Holdings Corp. (“Li-Cycle”or the “Company”) (NYSE: LICY), today announced that it plans to release its fourth quarter and full year 2022 financial results (for the year ended October 31, 2022) prior to market open on Monday, January 30, 2023. Management will review the results during a conference call and audio-only webcast at 8:30 a.m. (Eastern Time) on the same day.

Li-Cycle to Host Fourth Quarter and Full Year 2022 Earnings Conference Call/Webcast on Monday January 30, 2023 at 8:30 a.m. (Eastern Time)

The North American spokes are going according to plan, with the optimization efforts bringing throughput close to target levels. The European spokes are to follow the similar strategy as the North American spokes and to learn from optimization efforts to facilitate a smooth ramp-up.

Li-Cycle: The Time Has Come For This EV Battery Recycler In 2023

TORONTO--( BUSINESS WIRE )--Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America, today announced that its Board of Directors has approved a change in the Company's financial year end from October 31 to December 31.

Li-Cycle Announces Change in Financial Reporting Periods to Align with Calendar Year Beginning in 2023

Li-Cycle could handle about 10% of the amount of used batteries and scrap generated in 2025. Although Li-Cycle's business model is relatively simple to understand, many unknowns remain. For example, the future use of cobalt and nickel in EV batteries.

Li-Cycle Update: Despite Several Uncertainties, It Is A Great Opportunity

Lithium recycling will be crucial, especially when millions of EV batteries are phased out by the end of the decade. In 2023, the first main hub is scheduled to open, and significant cash flow is expected to start. The company aims to be cash flow positive as early as 2024.

Li-Cycle Has Enormous Potential In A Multi-Billion Dollar Market

LICY has a unique “Spoke & Hub” model. LICY's proprietary technology sets it apart from competitors.

Li-Cycle: Success In Recycling Lithium-Ion Batteries

TORONTO--(BUSINESS WIRE)--Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America, and Vines Energy Solutions (“VinES”), a Vingroup company that specializes in the research, development and manufacturing of advanced batteries for mobility and energy storage applications, are pleased to announce the launch of a global recycling partnership.

VinES and Li-Cycle Launch Global Battery Recycling Partnership

TORONTO--(BUSINESS WIRE)--Li-Cycle Holdings Corp. (NYSE: LICY) ("Li-Cycle" or the “Company"), an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America, today announced that it will participate in Chardan Capital Market LLC's Disruptive Technology Leadership Series, and host investor meetings on Thursday, October 20, 2022.

Li-Cycle to Host Investor Meetings on October 20, 2022

Li-Cycle, a Canadian lithium-ion battery recycler, has opened a battery recycling facility in Tuscaloosa, Alabama. The Toronto-based company, which also operates plants in Gilbert, Arizona and Rochester, New York, can now process up to 10,000 tons of manufacturing scrap and end-of-life batteries per year, the equivalent of approximately 20,000 EVs annually.

Li-Cycle opens battery recycling plant in Alabama

TORONTO--(BUSINESS WIRE)--Li-Cycle Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America, is pleased to announce that its Alabama Spoke located in Tuscaloosa, Alabama has started commercial operations.

Li-Cycle Opens Lithium-ion Battery Recycling Facility in Alabama

Proven C-suite executive in the lithium-ion battery space brings significant industry expertise and track record in scaling growth companies TORONTO, ON / ACCESSWIRE / October 11, 2022 / Li-Metal Corp. (CSE:LIM)(OTCQB:LIMFF)(FSE:5ZO)("Li-Metal" or "the Company"), a leading developer of lithium metal anode and lithium metal technologies critical for next-generation batteries, today announced the appointment of Kunal Phalpher to the newly created role of President, effective October 17, 2022. Mr. Phalpher is a seasoned C-suite executive with proven public company experience, bringing nearly two decades of global experience in the clean technology, battery materials and electric vehicle (EV) sectors to the role.

Li-Metal Appoints Kunal Phalpher as President

Li-Cycle continues to gain traction commercially with 2 new projects announced. Delay in Arizona and Alabama Spoke as a result of the need to optimize operations to achieve targeted throughput is a necessary step for the successful future spoke rollout.

Li-Cycle: Set To Achieve EV Battery Recycling Leadership Despite Near-Term Hiccups

TORONTO--(BUSINESS WIRE)--Li-Cycle Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America, was pleased to host Senate Majority Leader Charles E. Schumer at the Company's Rochester Hub within the Eastman Business Park near Rochester, New York. Senator Schumer's leadership was instrumental in passing the Inflation Reduction Act (IRA), which allocates more than $300 billion in fundi

U.S. Senate Majority Leader Charles E. Schumer Visits Li-Cycle Rochester Hub

Li-Cycle Holdings Corp. (NYSE:LICY ) Q3 2022 Results Conference Call September 14, 2022 8:30 AM ET Company Participants Nahla Azmy - Head of Investor Relations Ajay Kochhar - Co-Founder, President and Chief Executive Officer Tim Johnston - Co-Founder, Executive Chairman Debbie Simpson - Chief Financial Officer Conference Call Participants Robin Fiedler - BMO Capital Markets Ben Kallo - Baird Brian Dobson - Chardan Capital Markets PJ Juvekar - Citi Jeff Osborne - Cowen &Company Operator Good day. My name is Katie, and I will be your conference operator today.

Li-Cycle Holdings Corp. (LICY) Q3 2022 Earnings Call Transcript

LiCycle Holdings Corp. (LICY) delivered earnings and revenue surprises of -23.08% and 117.66%, respectively, for the quarter ended July 2022. Do the numbers hold clues to what lies ahead for the stock?

LiCycle Holdings Corp. (LICY) Reports Q3 Loss, Lags Revenue Estimates

TORONTO--(BUSINESS WIRE)--Li-Cycle Holdings Corp. (NYSE: LICY) ("Li-Cycle" or the “Company"), an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America, today announced financial results for its third quarter ended July 31, 2022. Revenue from product sales and recycling services were $5.4 million, an increase from $1.3 million in the third quarter of 2021. Total revenues were $(2.0) million, which included an unfavorable non-cash f

Li-Cycle Reports Third Quarter 2022 Financial Results; Continuing Advancement of Spoke & Hub Network Strategy

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Earnings Previews: Li-Cycle, Tsakos Energy Navigation

Li-Cycle is fast ramping its network of Spoke facilities. The company's rapid revenue growth reflects these coming online and moving towards capacity.

Li-Cycle: Recycled Lithium-Ion Battery Metals For A Fast Decarbonizing World

TORONTO--(BUSINESS WIRE)--Li-Cycle Holdings Corp. (“Li-Cycle”or the “Company”) (NYSE: LICY), today announced that it plans to release its third quarter 2022 financial results (for the period ended July 31, 2022) prior to market open on Wednesday, September 14, 2022. Management will review the results during a conference call and audio-only webcast at 8:30 a.m. (Eastern Time) on the same day. Investors may listen to the conference call live via audio-only webcast or through the following dial-in

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