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JMIA — Jumia Technologies AG News Story

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African online retailer Jumia's Q3 revenue up 25%

Overview

Jumia Q3 revenue grows 25% yr/yr, driven by strong consumer demand

Company's GMV rises 21% yr/yr, reflecting robust consumer demand

Adjusted EBITDA loss improves to $14 mln, reflecting operational efficiency gains

Outlook

Jumia expects physical goods orders to grow 25%-27% in 2025

Company projects 2025 GMV growth of 15%-17%

Jumia forecasts 2025 loss before income tax of $50-$55 mln

Result Drivers

ORDER GROWTH - Orders increased 34% yr/yr, driven by enhanced product assortment and strong consumer demand

NIGERIA PERFORMANCE - Nigeria's orders grew 30% and GMV rose 43% yr/yr, highlighting strong market momentum

CROSS-BORDER ENGAGEMENT - Gross items sold from international sellers grew 52% yr/yr, indicating strong cross-border merchant engagement

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 Revenue$45.60 mln
Q3 Adjusted EBITDA-$14 mln
Q3 GMV$197.20 mln
Q3 Operating Income-$17.40 mln
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and 1 "sell" or "strong sell" The average consensus recommendation for the online services peer group is "buy" Wall Street's median 12-month price target for Jumia Technologies AG is $6.22, about 69.9% below its November 11 closing price of $10.56 Press Release: ID:nACS4FRcfa For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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