Lime announces second EBITDA-profitable quarter in company history - NewsBreak

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By Austine in Business
Updated 3 years ago

Around this time last year, at the WSJ Future of Everything event, Ting also boasted of the company's movement beyond the financial hardships of the pandemic and towards Q3 profitability. Lime said it was operating both cash flow positive and free cash flow positive, with expectations to be full-year profitable in 2021. Unfortunately, Covid got in the way again.

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