> Amid the chaos, Lime has managed to improve its revenue over the last few years. It generated $521 million in 2023, $686.6 million in 2024, and $886.7 million last year. The company also trimmed its losses from $122.3 million in 2023, to just $33.9 million in 2024, though that figure edged back up in 2025 to $59.3 million. (The company reported adjusted gross profit in 2025 of more than $400 million, when discounting costs like depreciation.)

Wow are they actually profitable?

I'll never understand why so many VCs jumped in to spend bazillions of dollars on competing micro-mobility companies...

BlokchainB

Micromobility company Lime has raised $167 million in its IPO.

The nine-year-old scooter and bike company, which is backed by Uber, sold 6.68 million shares at $25 each, at the mid-point of its $24 to $26 price range. Shares started trading on the Nasdaq stock exchange under the ticker “LIME” on Wednesday afternoon, 

Lime has been considering an IPO for years. In 2021, following a $523 million funding round, CEO Wayne Ting told TechCrunch the company was 

. He re-heated the idea in 2023, saying that Lime was still waiting for the 

The long-awaited IPO pegs Lime’s valuation at around $1.66 billion, just shy of the price fellow micromobility company Bird got 

Stacker_Stocks

> Micromobility company Lime has raised $167 million in its IPO.
>
> The nine-year-old scooter and bike company, which is backed by Uber, sold 6.68 million shares at $25 each, at the mid-point of its $24 to $26 price range. Shares started trading on the Nasdaq stock exchange under the ticker “LIME” on Wednesday afternoon, [jumping](https://finance.yahoo.com/quote/LIME/) around 9% in the first hour.
>
> Lime has been considering an IPO for years. In 2021, following a $523 million funding round, CEO Wayne Ting told TechCrunch the company was [eyeing an IPO in 2022](https://techcrunch.com/2021/11/05/lime-raises-523-million-as-it-prepares-to-go-public/). He re-heated the idea in 2023, saying that Lime was still waiting for the [right market conditions](https://techcrunch.com/2023/09/11/why-lime-says-the-time-is-almost-right-to-go-public/).
>
> The long-awaited IPO pegs Lime’s valuation at around $1.66 billion, just shy of the price fellow micromobility company Bird got [when it merged with a special purpose acquisition company](https://techcrunch.com/2021/05/12/bird-rides-to-go-public-via-spac-at-an-implied-value-of-2-3b/) in 2021.
>
> [**...read more at techcrunch.com**](https://techcrunch.com/2026/07/01/lime-raises-167m-in-ipo-after-years-of-teasing-a-public-debut/)