Jumia Technologies AG (JMIA)
| Market Cap | 455.12M |
| Revenue (ttm) | 207.11M |
| Net Income (ttm) | -115.73M |
| Shares Out | 101.14M |
| EPS (ttm) | -1.05 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,786,176 |
| Open | 4.730 |
| Previous Close | 4.630 |
| Day's Range | 4.455 - 4.770 |
| 52-Week Range | 2.225 - 8.100 |
| Beta | 2.94 |
| Analysts | Hold |
| Price Target | 3.60 (-20.0%) |
| Earnings Date | May 7, 2024 |
About JMIA
Jumia Technologies AG operates an e-commerce platform in West Africa, North Africa, East and South 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 categ... [Read more]
Financial Performance
In 2023, JMIA'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 numbers in EUR Financial StatementsAnalyst Forecast
According to one analyst, the rating for JMIA stock is "Hold" and the 12-month stock price forecast is $3.6.
News
Jumia to Announce First Quarter 2024 Results on May 7, 2024
LAGOS, NIGERIA / ACCESSWIRE / April 22, 2024 / Jumia Technologies AG (NYSE:JMIA), ("Jumia"), today announced that it will release results for the first quarter of 2024 before the U.S. market opens on ...
Jumia Files Annual Report 2023 on Form 20-F with the U.S. Securities and Exchange Commission
BERLIN, GERMANY / ACCESSWIRE / March 28, 2024 / Jumia Technologies AG (NYSE:JMIA), the leading pan-African e-commerce platform, announced that it has filed its Annual Report on Form 20-F for the year ...
Jumia reduces losses by over 90% amid focus on restoring order and GMV growth
In 2023, Jumia revised its adjusted EBITDA loss guidance thrice: $100-120 million in Q1, $90-100 million in Q2, and $80-90 million in Q3, aiming for a 57-61% year-over-year reduction if met. The compa...
Jumia Reports Fourth Quarter and Full Year 2023 Results
Improvement in growth trends and significant reduction in operating loss, validating strategic choices Forecasting to return to growth in 2024 and to further reduce cash utilization LAGOS, NIGERIA / A...
Jumia to Announce Fourth Quarter and Full Year 2023 Results on February 15, 2024
LAGOS, NIGERIA / ACCESSWIRE / February 6, 2024 / Jumia Technologies AG (NYSE:JMIA), ("Jumia"), today announced that it will release its results for the fourth quarter and full year 2023 before the U.S...
Jumia quit food delivery because of deep-pocketed ‘aggressive' rivals, CEO says
Last week, pan-African e-commerce platform Jumia said it was discontinuing its food delivery service, Jumia Food. According to the company, its food delivery business didn't align with the current ope...
Jumia to Focus on Physical Goods Business and Close its Food Delivery Operations
LAGOS, NIGERIA / ACCESSWIRE / December 13, 2023 / Jumia Technologies AG (NYSE:JMIA) ("Jumia" or the "Company"), the leading pan-African e-commerce platform, has announced plans to close its food deliv...
Jumia Reports Third Quarter 2023 Results
Meaningful progress in our strategy towards cash efficiency and profitable growth LAGOS, NIGERIA / ACCESSWIRE / November 15, 2023 / Jumia Technologies AG (NYSE:JMIA) ("Jumia" or the "Company") announc...
Jumia to Announce Third Quarter 2023 Results on November 15, 2023
LAGOS, NIGERIA / ACCESSWIRE / November 6, 2023 / Jumia Technologies AG (NYSE:JMIA), ("Jumia"), today announced that it will release its results for the quarter ended September 30, 2023 before the U.S....
Jumia stock price melts down as forex headwinds continue
Jumia (NASDAQ: JMIA) stock price continued its freefall as the company continued facing numerous headwinds. The shares retreated to a low of $2.52 on Thursday, ~50% below the highest point this year a...
Jumia expects losses not to exceed $100M this year, per Q3 financials
In the first quarter of 2023, we reported that Jumia recorded its lowest losses in four years. Its adjusted EBITDA and operating losses dropped to $27 million and $30.9 million.
Jumia revenue slumped in Q2 amid a currency crisis in Africa
Jumia (NASDAQ: JMIA) the biggest e-commerce company in Africa, published mixed results even as the company's headwinds continued. The company's quarterly active customers dropped by 28.1% in Q2 to 2.4...
Jumia Reports Second Quarter 2023 Results
Significant reduction in losses and progress towards profitability Updating guidance Both Operating and Adjusted EBITDA losses decreased by approximately 66% year-over-year Adjusted EBITDA loss guidan...
Jumia to Announce Second Quarter 2023 Results on August 15, 2023
LAGOS, NIGERIA / ACCESSWIRE / August 4, 2023 / Jumia Technologies AG (NYSE:JMIA), ("Jumia"), today announced that it will release its results for the quarter ended June 30, 2023 before the U.S. market...
Jumia reaches lowest losses in four years under new management
Q1 2023 marks the first quarter Jumia's new management implemented its strategy after riding out the blueprint of previous management in Q4 2022. The result?
Jumia stock price: Africa's Amazon faces a major forex risk
Jumia (NYSE: JMIA) stock price darted higher ahead of the latest financial results. The shares rose to a high of $3.15, much higher than the year-to-date low of $2.54.
Jumia Reports First Quarter 2023 Results
Significant reduction in losses and progress towards profitability Operating loss decreased by 54% and 49% in constant currency, year-over-year Gross Profit increased by 5% and 24% in constant currenc...
Jumia to Announce First Quarter 2023 Results on May 23, 2023
LAGOS, NIGERIA / ACCESSWIRE / May 17, 2023 / Jumia Technologies AG (NYSE:JMIA), ("Jumia"), today announced that it will release its results for the quarter ended March 31, 2023 before the U.S. market ...
Jumia Files Annual Report 2022 on Form 20-F with the U.S. Securities and Exchange Commission
BERLIN, GERMANY / ACCESSWIRE / May 17, 2023 / Jumia Technologies AG (NYSE:JMIA), the leading pan-African e-commerce platform, announced that it has filed its Annual Report on Form 20-F for the year en...
Jumia Expands to West Africa With Retailer Leroy Merlin
Pan-African eCommerce firm Jumia has agreed to sell retailer Leroy Merlin's products in West Africa.
African watchdog forces Jumia to review its terms in push to protect consumers
Africa's largest e-commerce site Jumia has amended its terms and conditions after the regional watchdog, the COMESA (Common Markets for Eastern and Southern Africa) Competition Commission, compelled t...
Jumia Looks to Improved Cost Control in Pursuit of Profitability
Pan-African eCommerce giant Jumia is aggressively pursuing profitability by narrowing losses and growing monetization. In a report detailing its fourth quarter and full year 2022 results released Thur...
Jumia laid off 20% of staff in Q4 2022 amid work to reduce losses by half this year
Jumia, as part of its streamlining efforts, reduced headcount by 60% in Dubai and “undertook overall headcount reductions that resulted in over 900 position terminations across its 11 markets, corresp...
African online retailer Jumia's Q4 losses narrow on cost savings
African e-commerce firm Jumia Technologies said on Thursday that cost savings had helped it reduce fourth quarter losses by 30% from a year earlier, with a further sharp drop expected this year.
Jumia Reports Fourth Quarter and Full Year 2022 Results
Growing monetization and reducing losses Gross Profit increased by 22% year-over-year Operating loss decreased by 41% year-over-year FY2023 Adjusted EBITDA loss expected to decrease by up to 50% vs FY...