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

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Today we revisit Li-Cycle Holdings Corp., which hopes to be a key player in the electric battery ecosystem. The company is in the middle of an aggressive build-out of its Hub and Spoke recycling network. An updated analysis of Li-Cycle Holdings follows in the paragraphs below.

Looking Back In On Li-Cycle Holdings

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, is pleased to announce that its CEO and co-founder, Ajay Kochhar, provided expert insights yesterday before the United States Senate Committee on Environment and Public Works for a hearing called, “Improving Capacity for Critical Mineral Recovery through Electronic Waste Recycling.

Li-Cycle's CEO and Co-founder Ajay Kochhar Provides Expert Insights on Electronic Waste & Battery Recycling Solutions Before the U.S. Senate Committee on Environment and Public Works

TORONTO--(BUSINESS WIRE)--Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), a leading global lithium-ion battery resource recovery company, and EVE Energy Co., Ltd. (“EVE” or “EVE Energy”), a leading lithium-ion battery technology company, are pleased to announce that they have signed a memorandum or understanding (“MOU”) to collaborate and explore lithium-ion battery recycling solutions for EVE battery materials. The MOU includes a framework to explore global sustainable recy.

Li-Cycle and EVE Energy Launch Battery Recycling Collaboration

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, was honoured to host Katie Hobbs, the Governor of Arizona, at the Company's lithium-ion battery recycling facility located in Gilbert, Arizona. During the visit, the Governor was joined by Tim Johnston, Li-Cycle's co-founder and Executive Chair, for a tour of Li-Cycle's Spoke facil.

Governor Katie Hobbs Visits Li-Cycle's Lithium-Ion Battery Recycling Facility in Arizona

Bitfarms Ltd

Cronos Group

Diana Shipping

EVgo

Kinross Gold

Lumen Technologies

Undervalued penny stocks to buy stand out as potential goldmines, ready to offer robust returns for audacious investors. Despite macroeconomic headwinds, the S&P 500 has shown resilience, trending higher by 13.8% year-to-date.

7 Very Undervalued Penny Stocks to Buy in June 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, announced today that it will host investor meetings at the 2023 Cantor Fitzgerald Technology Conference on Thursday, June 15, 2023. An investor presentation related to these meetings will be made available on the Investor Relations section of the Company's website at https://invest.

Li-Cycle to Host Investor Meetings on June 15, 2023

Nordic American Tankers

Polestar Automotive Holding UK PLC

While the markets continue to face macroeconomic headwinds, I still believe that now is a great time to buy some of the most undervalued penny stocks and growth stocks. As an observation, the, the S&P 500 index has trended higher by 11% for year-to-date 2023.

The 7 Most Undervalued Penny Stocks to Buy in June 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, announced today that it will host investor meetings at the TD Cowen Sustainability Week on Tuesday, June 6, 2023. An investor presentation related to these meetings will be made available on the Investor Relations section of the Company's website at https://investors.li-cycle.com.

Li-Cycle to Host Investor Meetings on June 6, 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, is pleased to announce it has joined the United Nations Global Compact (“UNGC”) initiative, a voluntary leadership platform for the development, implementation and disclosure of responsible business practices. Li-Cycle is proud to join thousands of other companies worldwide committ.

Li-Cycle Joins the United Nations Global Compact Initiative

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, announced today that it will host investor meetings in Boston, at the KeyBanc Capital Markets 2023 Industrials & Basic Materials Conference on Thursday, June 1, 2023, and during a non-deal roadshow with Piper Sandler & Co. on Friday, June 2, 2023. An investor presentation r.

Li-Cycle to Host Investor Meetings on June 1-2, 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, and Shift2, a non-profit organization providing access to technology for equity-deserving individuals, are pleased to announce the donation of laptops to 60 senior students at Edison Career and Technology High School (“Edison Tech”) in Rochester, New York. At an event at Edison Tec.

Li-Cycle and Shift2 Partner to Donate Laptops to High School Students in Rochester, New York

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, was honoured to host U.S. Secretary of Energy, Jennifer Granholm, and U.S. Senator, Mark Kelly, at the Company's lithium-ion battery recycling facility located in Gilbert, Arizona. During the visit, Secretary Granholm and Senator Kelly were joined by Li-Cycle's co-founder and CEO,.

U.S. Secretary of Energy Jennifer Granholm and U.S. Senator Mark Kelly Visit Li-Cycle's Lithium-Ion Battery Recycling Facility in Arizona

PureCycle Technologies

Rocket Lab USA

Li-Cycle is turning lithium-ion battery trash into treasure. PureCycle is developing facilities worldwide to recycle plastics.

A Bull Market Is Coming: 3 Stunning Growth Stocks to Buy On the Dip

Li-Cycle Holdings Corp's first quarter results managed to impress investors and analysts alike.  Shares of the company climbed nearly 8% Wednesday afternoon to $4.84, and Wedbush analysts tagged the company with a repeat Buy rating plus an $8 price target.

Li-Cycle's story is in 'early innings' as battery metals processing plants come online, analysts say

We touch upon the attractive facets of Li-Cycle Holdings Corp., which could emerge as a pivotal player in the high-growth lithium-ion battery recycling industry. Given the exponential revenue growth potential on offer, Li-Cycle Holdings' valuations look reasonable.

Use The Recent Dip To Buy Li-Cycle Holdings

Li-Cycle Holdings (NYSE:LICY ) Q1 2023 Earnings Conference Call May 15, 2023 8:30 AM ET Company Participants Nahla Azmy - Head of Investor Relations Ajay Kochhar - President, Chief Executive Officer Tim Johnston - Executive Chairman Debbie Simpson - Chief Financial Officer Conference Call Participants Brian Dobson - Chardan Capital Markets Matthew O'Keefe - Cantor Fitzgerald Jeffrey Osborne - TD Cowen Operator Good day. My name is Todd, and I will be your conference operator today.

Li-Cycle Holdings (LICY) Q1 2023 Earnings Call Transcript

TORONTO--(BUSINESS WIRE)--Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), an industry leader in lithium-ion battery (LIB) resource recovery and the leading LIB recycler in North America, today announced financial and operating results for its first quarter ended March 31, 2023. Revenues from product sales and recycling services before fair market value adjustments were $7.7 million, which increased from $3.6 million in the same period of 2022. Total revenues were $3.6 millio.

Li-Cycle Reports First Quarter 2023 Operational and Financial Results; Announces Plans for a Significant European Recycling Hub with Glencore

Glencore PLC

(Kitco News) - Li-Cycle (NYSE: LICY) and Glencore (LON: GLEN) announced today that the two signed a letter of intent to jointly study the feasibility of a battery metal recycling facility in Portovesme, Italy.

Li-Cycle and Glencore partner on critical metal recycling faclity in Italy

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 Glencore International AG, a wholly-owned subsidiary of Glencore plc (LON: GLEN) (“Glencore”), a leading producer, recycler, and marketer of nickel and cobalt for the production of lithium-ion batteries, have signed a Letter of Intent to jointly study the feasibility of, and la.

Li-Cycle and Glencore Announce Plans for a Significant European Recycling Hub

TORONTO--(BUSINESS WIRE)--Li-Cycle Holdings Corp. (“Li-Cycle”or the “Company”) (NYSE: LICY), an industry leader in lithium-ion battery (LIB) resource recovery and the leading LIB recycler in North America, today announced that it plans to release its first quarter ended March 31, 2023 financial results prior to market open on Monday, May 15, 2023. Management will review the results and provide a business update during a conference call and audio-only webcast at 8:30 a.m. (Eastern Time) on the s.

Li-Cycle to Host First Quarter 2023 Earnings Conference Call/Webcast on Monday, May 15, 2023 at 8:30 a.m. (Eastern Time)

Albemarle

BYD Company Limited

BYD Co Ltd

Electric vehicle stocks have emerged as the world transitions towards cleaner and more sustainable energy. While industry giants like Tesla and Nio dominate the space, many smaller companies are worth considering for your portfolio.

3 EV Stocks That Are Flying Under the Radar

American Lithium Corp

Amplify Lithium & Battery Technology ETF

Lithium Americas Corp

Livent Corp

Sociedad Quimica Y Minera De Chile

The lithium market saw a bumpy start to the year, with prices plummeting and stocks taking a hit. However, amidst the chaos, savvy investors are looking for the best lithium stocks to buy at a substantial bargain.

The 7 Best Lithium Stocks to Play the Battery Boom

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, is pleased to announce that its Chief Technology Officer (CTO), Chris Biederman, has received The Globe and Mail Report on Business Best Executive award (“Best Executive Award”) for his leadership in technology.

Li-Cycle Chief Technology Officer, Chris Biederman, Named to The Globe and Mail's Best Executive Award List

TORONTO--(BUSINESS WIRE)--Li-Cycle Holdings Corp.

Li-Cycle to Appoint Diane Pearse to Board of Directors

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, announced today that it has restated its unaudited condensed consolidated financial statements for the two months ended December 31, 2022 and 2021 and filed an amendment to its Transition Report on SEC Form 20-F previously filed on March 30, 2023 (the “Original Form 20-F”).

News for Li-Cycle Holdings Corp Stock (LICY)