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Condensed Consolidated Interim Statements of Comprehensive Income and (loss) - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Apr. 30, 2022
Apr. 30, 2021
Apr. 30, 2022
Apr. 30, 2021
Oct. 31, 2021
Oct. 31, 2020
Oct. 31, 2019
Revenue              
Product sales $ 8,291,122 $ 176,102 $ 11,913,569 $ 1,088,968 $ 6,930,475 $ 554,914 $ 0
Recycling services 362,101 81,282 577,624 185,656 444,401 237,340 48,160
Total Revenue 8,653,223 257,384 12,491,193 1,274,624 7,374,876 792,254 48,160
Expenses              
Employee salaries and benefits, net 11,328,894 2,547,281 19,107,554 4,245,480 12,709,823 2,819,195 607,820
Professional fees 3,559,716 567,918 6,433,755 3,002,052 7,688,520 2,962,261 546,647
Share-based compensation 4,477,355 263,214 9,676,164 1,009,385 3,982,943 332,634 97,258
Raw materials and supplies 1,816,599 480,255 3,230,441 894,357 3,410,014 591,881 0
Office, administrative and travel 3,148,739 317,644 5,993,279 621,885 3,148,871 476,733 493,304
Depreciation, net 1,986,776 605,621 3,820,851 1,132,999 2,899,345 1,095,250 183,862
Research and development, net 528,080 824,836 869,866 1,352,031 2,662,572 776,668 2,111,658
Freight and shipping 587,484 141,447 797,845 432,497 1,033,149 137,010 5,785
Plant facilities 983,968 234,202 1,421,038 448,336 1,030,947 390,687 0
Marketing 747,630 163,135 1,196,575 304,790 973,695 365,820 65,840
Change in Finished Goods Inventory 812,421 (567,261) 987 (644,893) (307,817) (14,022) 0
Total Expenses 29,977,662 5,578,292 52,548,355 12,798,919 39,232,062 9,934,117 4,112,174
Loss from operations (21,324,439) (5,320,908) (40,057,162) (11,524,295) (31,857,186) (9,141,863) (4,064,014)
Other (income) expense              
Listing Fee         152,719,009 0 0
Fair value (gain) loss on financial instruments (2,861,556) 1,924,346 (53,733,121) 1,924,346 38,254,469 84,454 0
Interest expense 2,451,285 244,645 6,192,527 495,334 3,052,882 529,700 60,329
Foreign exchange (gain) loss 140,296 358,748 128,843 750,712 758,223 (445,652) 0
Interest income (409,089) (505) (546,676) (1,222) (82,481) (34,403) (23,561)
Total other (income) expense (679,064) 2,527,234 (47,958,427) 3,169,170 194,702,102 134,099 36,768
Net profit (loss) before taxes (20,645,375) (7,848,142) 7,901,265 (14,693,465)      
Income tax 5,000 0 5,000 0 0 0 0
Net loss (20,650,375) (7,848,142) 7,896,265 (14,693,465) (226,559,288) (9,275,962) (4,100,782)
Shareholders of Li-Cycle Holdings Corp. (20,626,701) (7,848,142) 7,919,939 (14,693,465)      
Non-controlling interest (23,674) 0 (23,674) 0      
Other comprehensive income (loss)              
Foreign currency translation         0 (218,726) (37,182)
Comprehensive loss     7,896,265 (14,693,465) $ (226,559,288) $ (9,494,688) $ (4,137,964)
Net profit (loss) and comprehensive income (loss) $ (20,650,375) $ (7,848,142) $ 7,896,265 $ (14,693,465)      
Earnings (loss) per common share - basic $ (0.12) $ (0.08) $ 0.05 $ (0.16)      
Earnings (loss) per common share - diluted $ (0.12) $ (0.08) $ 0.05 $ (0.16)      
Loss per common share - basic and diluted         $ (2.06) $ (0.11) $ (0.06)