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Summary

Lime reports record revenue and profitability in 2024, with adjusted EBITDA exceeding $140 million. The company's free cash flow was positive for the second consecutive year.

Key Points

Lime reported its second consecutive year of being free cash flow positive
The company's adjusted EBITDA exceeded $140 million for 2024
Lime announced record revenue and profitability in 2024

Why It Matters

The report highlights Lime's progress towards becoming a profitable micromobility company, which is crucial for its growth and sustainability.

Author

Kirsten Korosec, Rebecca Bellan

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