Li-Metal

Developer of lithium metal anodes and lithium metal production technologies for next-generation batteries.

Launch date

2019

Employees

Market cap

Enterprise valuation

CAD7m (Public information from Sep 2024)

Markham Ontario (HQ)

http://li-metal.com

https://www.linkedin.com/company/li-metal/

Revenues, earnings & profits over time

CAD	2020	2022	2023	2024
Revenues	-	-	-	<1m
EBITDA	(2.9m)	(14.8m)	(12.3m)	(12.1m)
% EBITDA margin	-	-	-	(3883 %)
Profit	(3.0m)	(18.7m)	(12.6m)	(13.5m)
% profit margin	-	-	-	(4326 %)
R&D budget	<1m	2.2m	5.1m	6.2m
R&D % of revenue	-	-	-	1974 %

Date	Investors	Amount	Round
Nov 2021	N/A	N/A	IPO
Apr 2022*	Next Generation Manufacturing Canada	CAD1.9m	Grant
Jun 2023*	Ontario Government Ontario Centre of Innovation	CAD1.4m	Grant
Apr 2024*	Blue Horizon Advisors	CAD1.0m	Post IPO Equity
Total Funding		CAD3.3m