Reuters: IPOX® Research Associate Lukas Muehlbauer Comments on Lime’s Nasdaq IPO Filing

Reuters reported that Lime, the Uber-backed electric bike and scooter operator, filed for a U.S. IPO in New York under the name Neutron Holdings. The San Francisco-based company plans to list on Nasdaq under the ticker “LIME,” with Goldman Sachs, J.P. Morgan and Jefferies among the underwriters.

The article highlights Lime’s improved financial profile, including 29.1% revenue growth to $886.7 million in 2025 and positive free cash flow for the third consecutive full year. Reuters also notes that Lime’s filing comes as the U.S. IPO market shows renewed momentum, with companies across AI infrastructure, defense, biotechnology and other sectors moving toward public listings.

IPOX® Associate Lukas Muehlbauer provided market commentary on Lime’s filing and the broader IPO environment. He noted that stronger recent listing performance has helped reopen the IPO window for companies with credible growth stories, while also emphasizing that investors will closely assess Lime’s ability to translate revenue growth into more consistent profitability.

“Lime’s filing reflects both a better IPO market and a stronger company profile than in the previous years. The strong performance of recent listings has helped reopen the window for companies that can show convincing growth stories,” said IPOX Research Associate Lukas Muehlbauer.

“While the underlying picture has improved meaningfully, the main caveat is that the company remains loss-making and investors will look closely at whether they can turn strong revenue numbers into more consistent profitability,” Muehlbauer said.

Read the full article by Pritam Biswas on Reuters: Uber-backed Lime reveals revenue surge in US IPO filing