Lime touts a 2020 turnaround and 2021 profitability
Published
Nov 19 2020 at 6:42 PM GMT
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- 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 ".
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- Published Nov 19, 2020 6:42 PM GMT