)
)
Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Li-Cycle
Li-Cycle (LICY) investor relations material
Li-Cycle has been acquired by Glencore PLC
Li-Cycle Q4 2024 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2024 earnings summary31 Mar, 2025
Executive summary
Total revenue rose 53% year-over-year to $28.0 million for 2024, driven by higher recycling service revenue and new contracts.
Net loss was $137.7 million, nearly unchanged from 2023, as improved revenue and lower costs were offset by higher other expenses.
Adjusted EBITDA loss improved to $90.5 million from $156.4 million in 2023, reflecting cost reductions and revenue growth.
Cash and cash equivalents stood at $22.6 million as of December 31, 2024.
A special committee is evaluating financial and strategic alternatives, including a potential transaction with Glencore.
Financial highlights
Product revenue was $16.1 million and recycling service revenue $11.9 million, with service revenue more than doubling year-over-year.
Cost of sales decreased 6% to $76.6 million, mainly due to lower inventory adjustments and material costs.
SG&A expenses fell 19% to $75.3 million, driven by restructuring and cost-saving initiatives.
R&D costs dropped to $1.6 million from $5.7 million, reflecting project pauses.
Other expense was $12.2 million, compared to other income of $24.7 million in 2023, due to higher interest and debt extinguishment losses.
Outlook and guidance
Additional financing is required to meet obligations and continue as a going concern; failure to secure funding may result in significant operational changes or bankruptcy.
The company is focused on cash management and exploring strategic alternatives, including the Glencore proposal.
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.Research faster. Power your platform.
Li-Cycle
AI chat
Ask anything. Verify everything.
Ask across every event and document from public companies. Each answer links back to the exact line in the transcript, slide or filing it came from.Learn moreFind what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.)
Trust every finding
50m+ first-party documents. Every output traceable to its source.Find what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.Trust every finding
50m+ first-party documents. Every output traceable to its source.Automations
Zero in on what matters
Define the prompt once. It runs the moment a company publishes or on a schedule you set. Outputs map to the exact signals you choose.Learn more)
Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.)
Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Live audio & transcripts
Be first
Join any earnings call live in one click, with no manual registration. Follow the transcript as it happens and jump straight to the moments that matter.Learn more)
Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.)
Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Quartr MCP connects your AI environment to 17K+ public companies
Pull live transcripts, filings, and slides into Claude or Codex via MCP. Combine Quartr's global IR data with any other dataset. Run agentic research and monitoring.
Included with Quartr Pro at no extra cost.Learn more
Quartr's AI stands out because it only pulls clean, first-party data from public companies. In investing, that's everything.
Jamie Ross
Investment Manager, GAM Investments
GAM
GAM
Research that used to take hours now takes seconds with Quartr Pro. Tracking shifts in tone or extracting tables, it's as simple as typing a query.
Tom O'Hara
Investment Director
Ciena
Ciena
Before Quartr we spent hours manually compiling insights through the peer earnings cycle. Now, these tasks are done faster, with greater precision.
Gregg Lampf
VP of Investor Relations
Protean
Protean
Being able to ask specific questions across years of transcripts and reports and instantly get verified answers is a game-changer.
Pontus Dackmo
CEO & Investment Manager
)
)
Frequently asked questions
Li-Cycle Holdings Inc. engages in the lithium-ion battery resource recovery and lithium-ion battery recycling business in North America. The company offers Pulse technology, a technology platform that is being applied to disintegrate and separate metals from used lithium-ion batteries by shredding; grinding; and breaking them down into their component parts. It is also developing various applications of its technology platform to process various types of feedstock inputs while maintaining the ability to recover metals, such as cobalt, nickel, manganese, iron, aluminum, copper, and graphite.