Wayne Ting, chief executive of electric scooter-rental startup Lime, was bullish on his company’s rebound, coming after its business was hammered by the coronavirus pandemic in the spring.
Speaking at the WSJ Future of Everything event, held virtually on Thursday, Mr. Ting said Lime notched its first Ebitda-positive quarter in the just-ended period, and he projected a full year of positive Ebitda for 2021. The acronym stands for earnings before interest, tax, depreciation and amortization, and strips out various capital costs….
