Jumia Technologies AG (JMIA)

NYSE: JMIA · Real-Time Price · USD
3.800
+0.160 (4.40%)
Nov 22, 2024, 4:00 PM EST - Market closed
4.40%
Market Cap 465.36M
Revenue (ttm) 181.20M
Net Income (ttm) -97.20M
Shares Out 122.46M
EPS (ttm) n/a
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 3,402,204
Open 3.600
Previous Close 3.640
Day's Range 3.520 - 3.840
52-Week Range 2.880 - 15.040
Beta 2.96
Analysts Buy
Price Target 6.53 (+71.84%)
Earnings Date Nov 7, 2024

About JMIA

Jumia Technologies AG operates an e-commerce platform in West Africa, North Africa, East Africa, Europe, the United Arab Emirates, and internationally. The company’s platform consists of marketplace that connects sellers with customers; logistics service, which enables the shipment and delivery of packages from sellers to consumers; and payment service, which facilitates transactions to participants active on the company’s platform in selected markets under the JumiaPay name. Its marketplace offers various products in a range of categories, inc... [Read more]

Industry Internet Retail
IPO Date Apr 12, 2019
Employees 2,915
Stock Exchange NYSE
Ticker Symbol JMIA
Full Company Profile

Financial Performance

In 2023, Jumia Technologies AG's revenue was $186.40 million, a decrease of -8.31% compared to the previous year's $203.30 million. Losses were -$104.16 million, -56.28% less than in 2022.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for JMIA stock is "Buy." The 12-month stock price forecast is $6.53, which is an increase of 71.84% from the latest price.

Price Target
$6.53
(71.84% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Jumia Egypt Partners with Premium Card to Support E-commerce Growth in Egypt

Collaboration Offers Customers Diverse Payment Solutions and Flexible Installment Plans Through JumiaPay CAIRO, EGYPT / ACCESSWIRE / November 18, 2024 / Jumia Technologies AG (NYSE:JMIA), a leading e-...

4 days ago - Accesswire

A Fresh Reset For Jumia Technologies

Jumia's Q3 results showed mixed performance with positive growth in active customers and GMV but increased cash usage and EBITDA loss due to strategic investments. Warehouse consolidation and increase...

10 days ago - Seeking Alpha

Jumia to Present at the 2024 RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference

LAGOS, NIGERIA / ACCESSWIRE / November 12, 2024 / Jumia Technologies AG (NYSE:JMIA) ("Jumia" or the "Company") announced today that Francis Dufay, Chief Executive Officer, will participate in a firesi...

10 days ago - Accesswire

Jumia Ghana Expands Operations with New State-of-the-Art Warehouse

Expansion to Drive Faster Delivery, Broader Product Selection, and E-commerce Growth in Ghana New Warehouse Aligns with Jumia's Strategic Focus on the Optimization and Efficiency of its Operations ACC...

11 days ago - Accesswire

Jumia Technologies AG (JMIA) Q3 2024 Earnings Call Transcript

Jumia Technologies AG (NYSE:JMIA) Q3 2024 Earnings Call Transcript November 7, 2024 8:30 AM ET Company Participants Francis Dufay - CEO Antoine Maillet-Mezeray - EVP, Finance and Operations Conferenc...

15 days ago - Seeking Alpha

Jumia Reports Third Quarter 2024 Results

Continued Execution on Fundamentals, Resilient Top-Line Growth in Challenging Macro Conditions and Significantly Improved Liquidity Position LAGOS, NIGERIA / ACCESSWIRE / November 7, 2024 / Jumia Tech...

15 days ago - Accesswire

Hepsiburada and Jumia Join Forces to Unlock Broader Product Selection for North African Consumers

Partnership with Leading Turkish E-commerce Technology Platform to Expand Product Access for North African Consumers CAIRO, EGYPT / ACCESSWIRE / October 30, 2024 / Jumia (NYSE:JMIA) and D-MARKET Elect...

Other symbols: HEPS
23 days ago - Accesswire

Jumia to Announce Third Quarter 2024 Results on November 7, 2024

LAGOS, NIGERIA / ACCESSWIRE / October 24, 2024 / Jumia Technologies AG (NYSE:JMIA) ("Jumia") today announced that it will release results for the third quarter of 2024 before the U.S. market opens on ...

4 weeks ago - Accesswire

African online retailer Jumia to exit South Africa and Tunisia

Africa-focused e-commerce retailer Jumia Technologies will close its South African online fashion retailer Zando and its Tunisian operations by the end of the year to sharpen its focus on its other ma...

5 weeks ago - Reuters

Jumia To Cease Operations in Non-Strategic Markets

Ceasing Operations in South Africa and Tunisia to Optimize Resources and Focus on Markets with Stronger Growth Potential LAGOS, NIGERIA / ACCESSWIRE / October 16, 2024 / Jumia Technologies AG (NYSE:JM...

5 weeks ago - Accesswire

Jumia Announces New Integrated Warehouses in Egypt and Ivory Coast

Strategy to Centralize and Integrate Warehouses Improves Jumia's Storage Capacity and Efficiency While Driving E-commerce Growth CAIRO, EGYPT and ABIDJAN, IVORY COAST / ACCESSWIRE / October 10, 2024 /...

6 weeks ago - Accesswire

JMIA Stock Surges 5.03% on Impressive Trading Volume and Positive Outlook

Jumia Technologies AG (JMIA, Financial) witnessed a notable stock price increase of 5.03%. The stock is currently trading at $5.43 per share with a trading volume of 2.20168 million shares, a turnover...

7 weeks ago - GuruFocus

Jumia Technologies: The Resilience Amidst Market Challenges Shows Its Strength

I maintain a bullish stance on Jumia stock despite recent volatility, driven by strong micro-strategic initiatives and macroeconomic reforms in Nigeria and Egypt. Jumia's robust market share, increase...

2 months ago - Seeking Alpha

African e-commerce company Jumia completes sale of secondary shares at $99.6M

Almost two weeks ago, TechCrunch reported that African e-commerce giant Jumia was planning to sell 20 million American depositary shares (ADSs) and raise over $100 million, given its share price of ar...

3 months ago - TechCrunch

Jumia Announces Completion of At-the-Market Offering

Balance Sheet Strengthened with $99.6 Million in Gross Proceeds LAGOS, NIGERIA / ACCESSWIRE / August 16, 2024 / Jumia Technologies AG, (NYSE:JMIA) ("Jumia" or "the Company") a leading e-commerce platf...

3 months ago - Accesswire

A Primal Panic In Jumia Technologies Did Not Change The Investment Thesis

Jumia Technologies suffered a 53.8% post-earnings loss despite positive financial results and guidance reaffirmation. A large secondary share offering was the likely cause of the collapse. CEO Francis...

3 months ago - Seeking Alpha

Jumia plans to raise more than $100 million in secondary shares to drive stalled user growth

African e-commerce company Jumia is selling 10 million American depositary shares over the next couple of weeks, TechCrunch has learned. The at-the-market transaction is to take advantage of strong re...

3 months ago - TechCrunch

Jumia Technologies Q2 Earnings: Still Overvalued Despite The Plunge

Jumia Technologies stock rallied 82% in the last 12 months but plunged 50% intraday after a weak Q2 earnings release. Q2 revenue missed estimates, negative EBITDA, and operating cash flow, with deteri...

3 months ago - Seeking Alpha

Jumia Reports Second Quarter 2024 Results

Execution Against Strategic Priorities Drives Continued Acceleration in Usage Trends Cash Management Initiatives Deliver Further Improvements in Cash Utilization LAGOS, NIGERIA / ACCESSWIRE / August 6...

3 months ago - Accesswire

Jumia to Announce Second Quarter 2024 Results on August 6, 2024

LAGOS, NIGERIA / ACCESSWIRE / July 22, 2024 / Jumia Technologies AG (NYSE:JMIA) ("Jumia") today announced that it will release results for the second quarter of 2024 before the U.S. market opens on Tu...

4 months ago - Accesswire

Validation For Jumia Technologies And Its Growth Trajectory

Jumia Technologies investors have seen a 323% gain since November 2023, validating the company's pivot and future growth potential. Benchmark validated Jumia with a $14 price target and a 20% CAGR in ...

4 months ago - Seeking Alpha

Jumia stock is far from done rallying yet: analyst says

Jumia Technologies AG (NYSE: JMIA) is rallying on Tuesday after a Benchmark analyst issued a super bullish note in its favour. Shares of the marketplace, logistics and payments service are up 30% for ...

4 months ago - Invezz

Jumia to Attend Northland Virtual Growth Conference

LAGOS, NIGERIA / ACCESSWIRE / June 18, 2024 / Jumia Technologies, (NYSE:JMIA) ("Jumia"), a leading e-commerce platform in Africa, today announced that Francis Dufay, Chief Executive Officer, and Antoi...

5 months ago - Accesswire

Jumia Opens New Integrated Warehouses in Lagos, Nigeria and Casablanca, Morocco

New warehouses consolidate operations, expand storage capacity to enhance supply chain management and support e-commerce growth LAGOS, NIGERIA / ACCESSWIRE / June 10, 2024 / Jumia (NYSE:JMIA), a leadi...

5 months ago - Accesswire

Kenya Ecommerce Market Databook 2024-2028, Featuring Avechi, Jiji, Jumia, Kilimall, MyDawa, Bolt Food, Jumia Food, LetaFood, Yum Deliveries, Hava Net, Little Cab, Maramoja and Transport Wasili

Dublin, June 07, 2024 (GLOBE NEWSWIRE) -- The "Kenya Ecommerce Market Opportunities Databook - 100+ KPIs on Ecommerce Verticals (Shopping, Travel, Food Service, Media & Entertainment, Technology), Mar...

6 months ago - GlobeNewsWire