Lime, the Uber-backed micromobility company, files for IPO - BERITAJA

After years of hints and preparation, the Uber-backed electrical motorcycle and scooter rental startup Lime has revenge for an first nationalist offering.

The company, which is incorporated arsenic Neutron Holdings Inc., has eyed the nationalist markets for astatine slightest 5 years. CEO Wayne Ting past said told TechCrunch successful 2023 about the imaginable of an IPO, noting astatine the clip that Lime had the the economics, the growth, and the profitability to return the startup public. All that was required was due marketplace conditions.

That time has apparently arrived.

The institution intends to database connected ​Nasdaq nether the ticker awesome “LIME.” Lime did not stock position of the offering, which was filed Friday pinch the U.S. Securities and Exchange Commission.

Lime’s IPO filing shows a institution pinch increasing revenue, but not yet profitability. The institution generated $521 cardinal successful gross successful 2023, $686.6 cardinal successful 2024, and $886.7 cardinal past year.

Its nett losses were $122.3 cardinal successful 2023, but that statement point has narrowed the past 2 years. Lime reported nett losses of $33.9 cardinal successful 2024 and $59.3 cardinal successful 2025. Lime besides reported it had free rate travel the past 3 years; its free rate travel was $104 cardinal successful 2025, about double from the erstwhile twelvemonth owed to an summation successful rate provided by operating activities

Lime, which was founded successful 2017, has heavy ties to Uber. The ride-hailing and transportation elephantine led Lime’s $170 cardinal backing information successful 2020. As portion of that deal, Lime acquired Jump, the electrical motorcycle and scooter section that Uber bought backmost successful 2018 for about $200 million. After the acquisition Jump’s sanction vanished and its assets were absorbed by Lime. In the years since, Lime has integrated much intimately pinch Uber.After the acquisition Jump’s sanction vanished and its assets were absorbed by Lime. In the years since, Lime has integrated much intimately pinch Uber.

The acquisition besides propelled Lime’s description . The company, which lets users rent scooters and ebikes done its app, is now successful 230 cities and 29 countries.

Lime’s narration pinch Uber has besides been a dependable tailwind for the business. Under its exclusive relationship, Lime vehicles are featured arsenic a thrust action wrong the Uber app successful about each of its shared markets. A chunk of Lime’s gross — about 14.3% past twelvemonth — came done its business pinch Uber, the SEC archive shows.