World News – AU – Scooter Startup Lime Projects Ebitda positive year as riders return


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Wayne Ting, CEO of start-up Lime Electric Scooter Rental, has been optimistic about his company’s recovery, after its business was hit by the coronavirus pandemic in the spring.

Speaking at the WSJ Future of Everything event, held roughly Thursday, Mr.. Ting said Lime achieved its first quarter of Ebitda in the period just ending, and is predicting a full year of positive Ebitda for 2021. The acronym stands for Earnings Before Interest, Taxes, Depreciation and Amortization, and it eliminates various costs of capital. . . .

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Lime, Startup company, Scooter, Electric kick scooter, 2021

World News – AU – Lime projects to start up scooter positive Ebitda year as passengers return


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