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Unaudited condensed consolidated interim statements of operations and comprehensive loss - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenue        
Revenues $ 8.4 $ 4.7 $ 21.0 $ 11.9
Cost of sales        
Cost of sales (20.0) (20.1) (57.3) (59.4)
Selling, general and administrative expense (12.9) (25.9) (58.8) (73.5)
Research and development (0.7) (2.7) (1.2) (4.9)
Loss from operations (25.2) (44.0) (96.3) (125.9)
Other income (expense)        
Interest income 0.5 2.5 2.0 11.7
Interest expense (17.3) (0.2) (44.4) (1.4)
Foreign exchange gain (loss) (0.7) 0.1 (0.9) (0.9)
Fair value gain on financial instruments 99.2 10.9 110.1 17.5
Debt extinguishment loss (Note 11) 0.0 0.0 (58.9) 0.0
Interest expense and other costs 81.7 13.3 7.9 26.9
Net profit (loss) before taxes 56.5 (30.7) (88.4) (99.0)
Income tax 0.0 0.0 0.0 (0.1)
Net profit (loss) 56.5 (30.7) (88.4) (99.1)
Comprehensive loss 56.5 (30.7) (88.4) (99.1)
Net profit (loss) and comprehensive profit (loss) attributable to        
Shareholders of Li-Cycle Holdings Corp., net profit (loss) 56.5 (30.7) (88.4) (99.0)
Shareholders of Li-Cycle Holdings Corp., comprehensive profit (loss) 56.5 (30.7) (88.4) (99.0)
Non-controlling interest, net profit (loss) 0.0 0.0 0.0 (0.1)
Non-controlling interest, comprehensive profit (loss) $ 0.0 $ 0.0 $ 0.0 $ (0.1)
Profit (loss) per common share - basic (in dollars per share) $ 2.15 $ (1.38) $ (3.81) $ (4.47)
Profit (loss) per common share - diluted (in dollars per share) $ 2.43 $ (1.38) $ (3.81) $ (4.47)
Product revenue        
Revenue        
Revenues $ 4.4 $ 3.5 $ 11.5 $ 9.7
Cost of sales        
Cost of sales (19.4) (20.1) (54.3) (59.4)
Recycling service revenue        
Revenue        
Revenues 4.0 1.2 9.5 2.2
Cost of sales        
Cost of sales $ (0.6) $ 0.0 $ (3.0) $ 0.0