Jumia Technologies AG (JMIA)

NYSE: JMIA · IEX Real-Time Price · USD
3.58
-0.03 (-0.97%)
Dec 5, 2023, 10:31 AM EST - Market open
-0.97%
Market Cap 363.22M
Revenue (ttm) 219.32M
Net Income (ttm) -150.79M
Shares Out 100.62M
EPS (ttm) -1.41
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 393,914
Open 3.65
Previous Close 3.61
Day's Range 3.47 - 3.65
52-Week Range 2.23 - 5.09
Beta 2.74
Analysts n/a
Price Target n/a
Earnings Date Nov 15, 2023

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 consumers; logistics service that 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. Its marketplace offers various products in a range of categories, such as fashion and... [Read more]

Industry Internet Retail
IPO Date Apr 12, 2019
Employees 4,318
Stock Exchange NYSE
Ticker Symbol JMIA
Full Company Profile

Financial Performance

In 2022, JMIA's revenue was 221.88 million, an increase of 24.70% compared to the previous year's 177.93 million. Losses were -238.23 million, 5.01% more than in 2021.

Financial numbers in EUR Financial Statements

News

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...

20 days ago - Accesswire

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....

4 weeks ago - Accesswire

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...

2 months ago - Invezz

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.

3 months ago - TechCrunch

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...

4 months ago - Invezz

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...

4 months ago - Accesswire

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...

4 months ago - Accesswire

Jumia's Turnaround Takes a Page Out of Dollar General's Strategy

Jumia Technologies AG NASDAQ: JMIA stock has been selling off since peaking at $69.89 in February 2021. The company is like JD.com Inc. NASDAQ: JD or Amazon.com Inc. NASDAQ: AMZN of Africa.

Other symbols: DG
5 months ago - MarketBeat

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?

6 months ago - TechCrunch

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.

7 months ago - Invezz

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...

7 months ago - Accesswire

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 ...

7 months ago - Accesswire

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...

7 months ago - Accesswire

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.

9 months ago - PYMNTS

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...

10 months ago - TechCrunch

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...

10 months ago - PYMNTS

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...

10 months ago - TechCrunch

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.

10 months ago - Reuters

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...

10 months ago - Accesswire

Jumia to Announce Fourth Quarter and Full Year 2022 Results on February 16, 2023

LAGOS, NIGERIA / ACCESSWIRE / February 1, 2023 / Jumia Technologies AG (NYSE:JMIA), ("Jumia"), today announced that it will release its results for the fourth quarter and full year 2022 before the U.S...

10 months ago - Accesswire

Jumia's investors rethink their stakes — for better and worse

Baillie Gifford, the Edinburgh-based asset management firm long known to have a penchant for pre-IPO tech companies, has reduced its shares in African e-commerce giant Jumia, per the latest 13G/A fili...

11 months ago - TechCrunch

African eCommerce Hub Jumia Closing Dubai Offices to Cut Costs

eCommerce platform Jumia is closing its Dubai office to cut costs and focus on Africa. The move comes a little less than a month after the departure of founders Sacha Poignonnec and Jeremy Hodara, and...

1 year ago - PYMNTS

Jumia to cut products and overheads as new management chase profits

Last Monday, Jumia co-founders Sacha Poignonnec and Jeremy Hodara resigned from their roles as co-CEOs, just ten days before the company's third-quarter 2022 financial report.

1 year ago - TechCrunch

Jumia Reports Third Quarter 2022 Results

Leadership changes, accelerating monetization and reducing operating loss Gross Profit increased by 29% year-over-year Operating loss decreased by 33% year-over-year Adjusted EBITDA loss decreased by ...

1 year ago - Accesswire

Jeremy Hodara and Sacha Poignonnec step down as Jumia co-CEOs

African e-commerce giant Jumia has made a new change in management as co-founders Jeremy Hodara and Sacha Poignonnec step down effective today as co-CEOs, according to a statement seen by TechCrunch.

1 year ago - TechCrunch