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RecycLiCo Battery Materials Inc. (V:AMY)

Business Focus: Specialty Mining & Metals (NEC)

Sector:  Basic Materials Industry:  Specialty Mining & Metals
 
Company Contact
Address: #2, 17942 55th Avenue
SURREY BC V3S 6C8
Tel: N/A
Website: https://recyclico.com
IR: See website
Key People
Richard L. Sadowsky
Chief Executive Officer, Director
Shaheem Ali
Chief Financial Officer, Director
Teresa Piorun
Corporate Secretary
Business Overview
RecycLiCo Battery Materials Inc. is a battery materials company specializing in sustainable lithium-ion battery recycling and materials production. It is engaged in research and development of recycling battery cathode waste in lithium-ion batteries and the acquisition, exploration and development of interests in mineral resource projects in British Columbia, Canada and Arizona. It has developed advanced technologies that recover battery-grade materials from lithium-ion batteries, addressing the global demand for environmentally friendly solutions in energy storage. It recovers up to 99% of cathode metals from battery scrap and upcycles them into high purity, battery ready materials. Integrating its closed loop, multi-ton per day, recycling and upcycling process, alongside battery giga- scale factories provide the missing link in a battery supply chain by enabling ZERO LOSS Battery Production. Its properties include Rocher Deboule Property, Lonnie Property and Artillery Peak Property.
Financial Overview
For the six months ended 31 January 2024, RecycLiCo Battery Materials Inc revenues was not reported. Net loss applicable to common stockholders increased 21% to C$1.7M. Higher net loss reflects Share-based payments increase of 72% to C$570K (expense), Professional fees increase from C$18K to C$93K (expense), Government grants received decrease from C$61K (income) to C$0K.
Reporting Currency: Canadian Dollars
Enterprise value: $18.59M as of Jan 31, 2024
Annual revenue (TTM): $0.00M as of Jan 31, 2024
EBITDA (TTM): -$10.16M as of Jan 31, 2024
Net annual income (TTM): -$9.98M as of Jan 31, 2024
Free cash flow (TTM): -$4.95M as of Jan 31, 2024
Net Debt Last Fiscal Year: N/A
Shares outstanding: 262,994,127 as of Jan 31, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization