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 |