RecycLiCo Battery Materials Inc.
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | Q4 2025Oct 31, 2025 | Q3 2025Jul 31, 2025 | Q2 2025Apr 30, 2025 | Q1 2025Jan 31, 2025 | Q4 2024Oct 31, 2024 |
|---|---|---|---|---|---|
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost Of Revenue | -- | -- | -- | 0.00 | -- |
| Gross Profit | -- | -- | -- | 0.00 | -- |
| Selling General And Administration | 753,858 | -179,307 | 802,423 | 669,016 | 687,570 |
| General And Administrative Expense | 753,858 | -179,307 | 802,423 | 669,016 | 687,570 |
| Research And Development | 11,162 | 0.00 | 39,154 | 77,189 | 39,988 |
| Depreciation And Amortization In Income Statement | -- | -- | 0.00 | -- | -- |
| Operating Expense | 774,148 | -160,136 | 841,577 | 746,205 | 735,864 |
| Operating Income | -774,148 | 160,136 | -841,577 | -746,205 | -735,864 |
| EBIT | -785,040 | 1.3M | -755,431 | -621,965 | -316,301 |
| Interest Expense | 37,446 | 722.00 | 671.00 | 564.00 | 1,380 |
| Interest Expense Non Operating | 37,446 | 722.00 | 671.00 | 564.00 | 1,380 |
| Interest Income | 92,251 | 98,248 | 97,329 | 100,275 | 388,124 |
| Interest Income Non Operating | 92,251 | 98,248 | 97,329 | 100,275 | 388,124 |
| Net Interest Income | 54,805 | 97,526 | 96,658 | 99,711 | 386,744 |
| Other Income Expense | -103,143 | 1.1M | -11,183 | 23,965 | 31,439 |
| Special Income Charges | -- | 1.1M | 0.00 | 0.00 | 0.00 |
| Write Off | -- | -- | 0.00 | 0.00 | -- |
| Gain On Sale Of Security | -103,143 | 7,733 | -16,424 | -1,480 | 445.00 |
| Earnings From Equity Interest | 0.00 | 0.00 | 5,241 | 25,445 | 30,994 |
| Pretax Income | -822,486 | 1.3M | -756,102 | -622,529 | -317,681 |
| Tax Effect Of Unusual Items | 0.00 | 162,357 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -834,770 | 1.4M | -756,102 | -622,529 | -328,241 |
| Net Income From Continuing Operation Net Minority Interest | -834,770 | 1.4M | -756,102 | -622,529 | -328,241 |
| Net Income Including Noncontrolling Interests | -822,486 | 1.3M | -756,102 | -622,529 | -317,681 |
| Net Income Common Stockholders | -834,770 | 1.4M | -756,102 | -622,529 | -328,241 |
| Net Income | -834,770 | 1.4M | -756,102 | -622,529 | -328,241 |
| EBITDA | -785,040 | 1.3M | -755,431 | -621,965 | -316,301 |
| Normalized EBITDA | -681,897 | 258,384 | -739,007 | -620,485 | -316,746 |
| Reconciled Depreciation | -- | -- | 0.00 | -- | -- |
| Basic EPS | -0.00 | -- | -0.00 | -0.00 | -0.00 |
| Diluted EPS | -0.00 | -- | -0.00 | -0.00 | -0.00 |
| Basic Average Shares | 259.0M | -- | 262.4M | 262.4M | 263.0M |
| Diluted Average Shares | 259.0M | -- | 262.4M | 262.4M | 263.0M |
| Total Unusual Items | -103,143 | 1.1M | -16,424 | -1,480 | 445.00 |
| Total Unusual Items Excluding Goodwill | -103,143 | 1.1M | -16,424 | -1,480 | 445.00 |
| Tax Rate For Calcs | 0.00 | 0.15 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -731,627 | 430,911 | -739,678 | -621,049 | -328,686 |
| Amortization | -- | -- | 0.00 | -- | -- |
| Amortization Of Intangibles Income Statement | -- | -- | 0.00 | -- | -- |
| Depreciation Amortization Depletion Income Statement | -- | -- | 0.00 | -- | -- |
| Diluted NI Availto Com Stockholders | -834,770 | 1.4M | -756,102 | -622,529 | -328,241 |
| Impairment Of Capital Assets | -- | -- | -- | -- | 0.00 |
| Insurance And Claims | 6,689 | 6,432 | 6,309 | 6,612 | 6,516 |
| Net Income Continuous Operations | -822,486 | 1.3M | -756,102 | -622,529 | -317,681 |
| Net Non Operating Interest Income Expense | 54,805 | 97,526 | 96,658 | 99,711 | 386,744 |
| Other Gand A | 494,068 | 275,421 | 360,290 | 309,506 | 304,088 |
| Reconciled Cost Of Revenue | -- | -- | -- | 0.00 | -- |
| Rent And Landing Fees | -- | 10,560 | 10,560 | 10,560 | 10,560 |
| Rent Expense Supplemental | -- | 10,560 | 10,560 | 10,560 | 10,560 |
| Salaries And Wages | 253,101 | -471,720 | 425,264 | 342,338 | 376,966 |
| Total Expenses | 774,148 | -160,136 | 841,577 | 746,205 | 735,864 |
| Total Operating Income As Reported | -823,878 | 170,306 | -842,248 | -746,769 | -747,803 |
| Line Item | Q4 2025Oct 31, 2025 | Q3 2025Jul 31, 2025 | Q2 2025Apr 30, 2025 | Q1 2025Jan 31, 2025 | Q4 2024Oct 31, 2024 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 13.8M | 16.3M | 15.9M | 16.4M | 17.0M |
| Cash Cash Equivalents And Short Term Investments | 13.8M | 16.3M | 15.9M | 16.4M | 17.0M |
| Cash Financial | 13.8M | 16.3M | 15.9M | 16.4M | 17.0M |
| Accounts Receivable | -- | -- | 0.00 | 0.00 | 0.00 |
| Receivables | 42,797 | 30,645 | 26,019 | 22,843 | 12,328 |
| Prepaid Assets | 97,295 | 53,818 | 47,946 | 59,233 | 79,859 |
| Other Current Assets | -1.00 | -- | -- | 1.00 | 1.00 |
| Current Assets | 14.0M | 16.4M | 15.9M | 16.5M | 17.1M |
| Net PPE | 6.0M | 3.00 | 3.00 | 3.00 | 3.00 |
| Investments And Advances | 0.00 | 0.00 | 1.1M | 1.1M | 1.1M |
| Long Term Equity Investment | 0.00 | 0.00 | 1.1M | 1.1M | 1.1M |
| Other Non Current Assets | 15,200 | 15,200 | 15,200 | 15,200 | 15,200 |
| Total Non Current Assets | 6.1M | 15,203 | 1.1M | 1.1M | 1.1M |
| Total Assets | 20.0M | 16.4M | 17.0M | 17.6M | 18.2M |
| Accounts Payable | 63,582 | 72,306 | 10,836 | 0.00 | 25,000 |
| Payables | 63,582 | 72,306 | 10,836 | -- | 25,000 |
| Payables And Accrued Expenses | 63,582 | 72,306 | 25,300 | 14,464 | 25,000 |
| Current Accrued Expenses | -- | 0.00 | 14,464 | 14,464 | 0.00 |
| Current Liabilities | 63,582 | 72,306 | 25,300 | 14,464 | 25,000 |
| Long Term Debt | 4.4M | -- | -- | -- | -- |
| Long Term Debt And Capital Lease Obligation | 4.4M | -- | -- | -- | -- |
| Other Non Current Liabilities | -2.00 | -- | -- | -- | -- |
| Total Non Current Liabilities Net Minority Interest | 4.4M | 0.00 | 0.00 | 1.00 | -1.00 |
| Total Liabilities Net Minority Interest | 4.5M | 72,306 | 25,300 | 14,465 | 24,999 |
| Common Stock | 58.2M | 58.2M | 58.4M | 58.4M | 58.4M |
| Capital Stock | 58.2M | 58.2M | 58.4M | 58.4M | 58.4M |
| Retained Earnings | -81.7M | -80.8M | -82.2M | -81.4M | -80.7M |
| Common Stock Equity | 15.6M | 16.4M | 17.0M | 17.6M | 18.1M |
| Stockholders Equity | 15.6M | 16.4M | 17.0M | 17.6M | 18.1M |
| Total Equity Gross Minority Interest | 15.6M | 16.4M | 17.0M | 17.6M | 18.1M |
| Total Capitalization | 20.0M | 16.4M | 17.0M | 17.6M | 18.1M |
| Net Tangible Assets | 15.6M | 16.4M | 17.0M | 17.6M | 18.1M |
| Tangible Book Value | 15.6M | 16.4M | 17.0M | 17.6M | 18.1M |
| Working Capital | 13.9M | 16.3M | 15.9M | 16.5M | 17.1M |
| Invested Capital | 20.0M | 16.4M | 17.0M | 17.6M | 18.1M |
| Total Debt | 4.4M | -- | -- | -- | -- |
| Share Issued | 259.0M | 259.0M | 263.0M | 263.0M | 263.0M |
| Ordinary Shares Number | 259.0M | 259.0M | 263.0M | 263.0M | 263.0M |
| Investmentsin Associatesat Cost | -- | -- | -- | -- | 1.1M |
| Investmentsin Joint Venturesat Cost | 0.00 | 0.00 | 1.1M | 1.1M | 1.1M |
| Other Equity Interest | 39.1M | 39.0M | 40.8M | 40.6M | 40.4M |
| Taxes Receivable | 42,797 | 30,645 | 26,019 | 22,843 | 12,328 |
| Line Item | Q4 2025Oct 31, 2025 | Q3 2025Jul 31, 2025 | Q2 2025Apr 30, 2025 | Q1 2025Jan 31, 2025 | Q4 2024Oct 31, 2024 |
|---|---|---|---|---|---|
| Operating Cash Flow | -835,624 | -335,538 | -533,164 | -593,681 | -132,963 |
| Cash Flow From Continuing Operating Activities | -835,624 | -335,538 | -533,164 | -593,681 | -132,963 |
| Stock Based Compensation | 63,500 | -648,333 | 200,116 | 200,117 | 266,450 |
| Change In Working Capital | -64,354 | 36,508 | 18,948 | -424.00 | -40,178 |
| Change In Receivables | -12,152 | -4,626 | -3,175 | -10,515 | 22,686 |
| Change In Payables And Accrued Expense | -8,725 | 47,006 | 10,835 | -10,535 | -54,217 |
| Change In Other Working Capital | -18,561 | -- | -- | -- | -- |
| Net PPE Purchase And Sale | 0.00 | -- | -- | -- | 0.00 |
| Purchase Of Business | -- | -- | 0.00 | -- | -- |
| Investing Cash Flow | -6.0M | 795,970 | 0.00 | 0.00 | 0.00 |
| Cash Flow From Continuing Investing Activities | 0.00 | 795,970 | 0.00 | 0.00 | 0.00 |
| Issuance Of Debt | 4.4M | -- | -- | -- | -- |
| Net Issuance Payments Of Debt | 4.4M | -- | -- | -- | -- |
| Issuance Of Capital Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Common Stock Issuance | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financing Cash Flow | 4.4M | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash Flow From Continuing Financing Activities | 4.4M | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes In Cash | -2.5M | 460,432 | -533,164 | -593,681 | -132,963 |
| Beginning Cash Position | 16.3M | 15.9M | 16.4M | 17.0M | 17.1M |
| End Cash Position | 13.8M | 16.3M | 15.9M | 16.4M | 17.0M |
| Free Cash Flow | -835,624 | -335,538 | -533,164 | -593,681 | -132,963 |
| Change In Prepaid Assets | -24,916 | -5,872 | 11,288 | 20,626 | -8,647 |
| Common Stock Issuance | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Earnings Losses From Equity Investments | 0.00 | 0.00 | -5,241 | -25,445 | -30,994 |
| Long Term Debt Issuance | 4.4M | -- | -- | -- | -- |
| Net Business Purchase And Sale | -- | 795,970 | 0.00 | -- | -- |
| Net Income From Continuing Operations | -834,770 | 1.4M | -746,987 | -767,929 | -328,241 |
| Net Long Term Debt Issuance | 4.4M | -- | -- | -- | -- |
| Net Other Investing Changes | -6.0M | -- | -- | -- | -- |
| Operating Gains Losses | -- | -1.1M | -5,241 | -25,445 | -30,994 |
| Sale Of PPE | 0.00 | -- | -- | -- | 0.00 |