Wayne Ting, Lime's CEO, survived a serious stroke and brought his company public the next year. At Tech Insider: Growth Mode, he talked about the need for humanity in Silicon Valley.
Neutral Holdings stands out as a unique, scaled micromobility provider with strong growth potential and positive unit economics. LIME targets a $70B TAM, with current market penetration at just 15%, supporting a robust long-term growth thesis. Monthly active users and fleet size are both growing at over 20% y/y, while revenue per vehicle and subscription adoption are rising.
Lime is rated a buy, but I recommend scaling in gradually, not all at once, given earnings-quality noise and limited trading history. LIME trades at a significant EV/EBITDA and EV/Sales discount to sector medians, reflecting market skepticism despite strong revenue growth and a net cash balance sheet. Management expects positive full-year free cash flow and guided Q3 revenue to $340–$360 million with adjusted EBITDA of $120–$130 million.
| Energy Equipment & Services Industry | Energy Sector | Hsing-Yuan Ting CEO | NASDAQ (NGS) Exchange | 64125S104 CUSIP |
| US Country | 1,148 Employees | - Last Dividend | 13 Feb 2017 Last Split | - IPO Date |
Neutron Holdings, Inc., which operates under the brand name Lime, specializes in providing shared electric vehicle services, primarily through e-bikes and e-scooters designed for short-term rentals. As a prominent player in the global micromobility industry, Lime collaborates with various cities to enhance urban transportation options. The company has successfully facilitated over 1 billion rides across five continents, highlighting its expansive reach and commitment to sustainable transportation solutions.
Lime offers electric bicycles as a convenient and eco-friendly mode of transportation. These e-bikes are designed for ease of use, featuring robust design and pedal-assist capabilities, making them suitable for navigating urban environments while promoting a healthier lifestyle.
The electric scooters provided by Lime are lightweight and ideal for short-distance travel. Available for rental in various city locations, these scooters enable users to quickly and efficiently maneuver through traffic and crowded areas, thereby reducing congestion and lowering carbon footprints.