Lime (Nasdaq: LIME, legal name Neutron Holdings, Inc.) owns a fleet of electric scooters and bikes and rents them by the minute through an app in about 230 cities in 29 countries. FY2025 (year ended Dec 31, 2025) revenue was $886.7M (+29%) with operating income of $70.4M, adjusted EBITDA of $218.1M and free cash flow of $103.8M, but a $59.3M net loss, mainly from a $125.0M non-cash loss on convertible notes. Pay-As-You-Go rides were 72% of revenue and LimePass bundles and subscriptions 28%; Uber's app delivered 14.3%. Lime listed on Nasdaq on Jul 1, 2026 ($141.7M net IPO proceeds) and repaid its $115.0M term loan. H1 2026 revenue was $474.4M (+26%) with an operating loss of $16.2M; net income of $234.1M came from a $296.6M income tax benefit.
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