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- Li-Cycle Holdings press launch (NYSE:LICY): FY GAAP EPS of -$0.78 misses by $0.12.
- Income of $18.3M (+10.9% Y/Y) misses by $34.35M.
- Adjusted EBITDA loss was roughly $156.4 million, in comparison with an Adjusted EBITDA lack of $118.5 million in 2022.
- Produced 6,825 tonnes of black mass and equivalents in 2023, 1.5x 2022 manufacturing stage and exceeding the highest finish of annual steering of 5,500 to six,500 tonnes supplied in November.
- As of December 31, 2023, Li-Cycle had money and money equivalents readily available of $70.6 million.
- The corporate’s main want for liquidity is to fund the working capital necessities of its enterprise throughout its complete evaluation of the Rochester Hub mission and go-forward technique along with funding the mission’s current and remaining capital commitments.
Extra on Li-Cycle Holdings
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