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Stock impact report

Li-Cycle Reports Full Year 2023 Results

Li-Cycle Holdings Corp. (LICY) 
Company Research Source: Business Wire
HighlightsReported full-year 2023 results in accordance with U.S. GAAP, transitioning from IFRS;Produced 6,825 tonnes of black mass and equivalents in 2023, 1.5x 2022 production level and exceeding the top end of annual guidance of 5,500 to 6,500 tonnes provided in November;Posted total revenue of $18.3 million in 2023, a 11% increase over 2022; excluding non-cash fair value pricing adjustments, posted $23.6 million of product and recycling revenue in 2023, a 34% increase over 2022;Announced $75.0 million strategic investment from Glencore; expected closing on or about March 25, 2024;Continuing to work closely with the U.S. Department of Energy on the conditional commitment for a loan of up to $375.0 million; andHosting a conference call and webcast on Tuesday, March 19, 2024 at 8:15 a.m. Eastern Time to provide a business update including a review of financial results.  TORONTO--(BUSINESS WIRE)--Li-Cycle Holdings Corp. (NYSE: LICY) ("Li-Cycle" or the “Company"), a leading global l Show less Read more
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