Lime touts a 2020 turnaround and 2021 profitability

Published Nov 19 2020 at 6:42 PM GMT
  • Micromobility company Lime says it has moved beyond the financial hardship caused by the COVID-19 pandemic, reaching a milestone that seemed unthinkable earlier this year.
  • In short, the company is now largely profitable.
  • Lime said it was both operating cash flow positive and free cash flow positive in the third quarter " a first ".



  • Published Nov 19, 2020 6:42 PM GMT