Arabic version: إدراج لايم يكشف عن الديون والإيرادات وتكاليف التوسع

According to The Guardian, Lime’s public financial documents have provided new detail on the economics of its shared ebike and e-scooter business. The company’s parent, Neutron Holdings, debuted on the Nasdaq on 1 July after filings showed nearly US$850m in debt repayments were due within the following year. Lime had warned investors that it might never turn a profit, but said the listing cleared most of its debt and enabled repayment of the remainder.

Lime operates in about 230 cities across 29 countries, largely in Europe. In 2025, 19 million riders used its vehicles and each vehicle generated an average of US$7.47 a day across its markets. Most users paid by the minute, while bundles and subscriptions accounted for 28% of earnings. The company’s fleet rose from an average of 229,000 vehicles in 2023 to 325,000 in 2025, with e-scooters outnumbering ebikes.

Revenue increased by 30% annually since 2023 and reached nearly US$887m in 2025. The US accounted for 32% of 2025 revenue, followed by the UK at 22% and France at 10%; separate filings showed Australia contributed 3% in 2024. Uber bookings generated US$126m, more than 14% of Lime’s 2025 revenue, after the ride-share company integrated Lime bikes and scooters into its app in 2018. Uber now owns more than 23% of Lime.

Expansion remained costly. Lime spent US$98m on new vehicles in 2025 and estimated that each bike or scooter cost about US$1,300 and took a year to pay off. It recorded US$946m in operating expenses, exceeding revenue by US$59m, including US$271m for back-end operations and US$57m reserved for estimated personal injury claims. Lime said it had been free cash flow positive for two consecutive years, with free cash flow rising from US$1m in 2023 to US$103m in 2025. It does not plan to pay dividends in the foreseeable future.