Jumia Technologies (JMIA) ended the recent trading session at $3.74, demonstrating a -1.06% swing from the preceding day's closing price. This move lagged the S&P 500's daily loss of 0.21%. Elsewhere, the Dow lost 0.16%, while the tech-heavy Nasdaq lost 0.89%.Shares of the company have depreciated by 9.57% over the course of the past month, underperforming the Retail-Wholesale sector's loss of 2.84% and the S&P 500's loss of 1.56%.The investment community will be closely monitoring the performance of Jumia ...

Company Overview - Jumia has been referred to as the "Amazon of Africa" due to its e-commerce operations in the region [1] - The company has experienced periods of strong success but also significant stock volatility [1] Stock Performance - Jumia's stock has shown high volatility over the years, indicating challenges in maintaining consistent performance [1] - The company's ability to become the next Amazon remains uncertain despite its past successes [1]

Company Presentation Q3 2024 Results Presentation November 7, 2024 Disclaimer IMPORTANT NOTICE This presentation includes forward-looking statements. All statements other than statements of historical facts contained in this presentation, including statements regarding our future results of operations and financial position, industry dynamics, business strategy and plans and our objectives for future operations, are forward-looking statements. These statements represent our opinions, expectations, beliefs, ...

Jumia Technologies (JMIA) ended the recent trading session at $5.03, demonstrating a -0.59% swing from the preceding day's closing price. This change lagged the S&P 500's daily gain of 0.47%. On the other hand, the Dow registered a gain of 0.79%, and the technology-centric Nasdaq increased by 0.28%. Shares of the company have appreciated by 8.12% over the course of the past month, outperforming the RetailWholesale sector's gain of 3.09% and the S&P 500's gain of 3.48%. The investment community will be close ...

In the latest trading session, Jumia Technologies (JMIA) closed at $5.56, marking a -0.89% move from the previous day. The stock trailed the S&P 500, which registered a daily loss of 0.17%. Meanwhile, the Dow lost 0.44%, and the Nasdaq, a tech-heavy index, lost 0.04%. Heading into today, shares of the company had gained 28.38% over the past month, outpacing the RetailWholesale sector's gain of 5.43% and the S&P 500's gain of 1.25% in that time. The upcoming earnings release of Jumia Technologies will be of ...

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 rate of 1.80%, and a volatility of 8.51%. Recent financial reports indicate that JMIA recorded a revenue of $36.47 million and a net loss of $22.00 million, translating to an EPS of -$0.22. The gross profit stood at $19.34 million, with a P/E ratio of -5.31. All participating institutions unanimously recommend ...

Jumia Technologies (JMIA) closed the most recent trading day at $5.30, moving +1.73% from the previous trading session. The stock exceeded the S&P 500, which registered a loss of 0.13% for the day. Elsewhere, the Dow saw an upswing of 0.33%, while the tech-heavy Nasdaq depreciated by 0.39%. The the stock of company has risen by 8.54% in the past month, leading the Retail-Wholesale sector's gain of 6.55% and the S&P 500's gain of 2.43%. The upcoming earnings release of Jumia Technologies will be of great int ...

I am Buy-rated on Jumia Technologies (NYSE: JMIA ). Even after the recent high volatility downtrend following the release of the second quarter of 2024. The stock lost from USD 10.87 to the current USD 4.43, I maintain a bullish view First Principles Partners is an equity research analyst specializing in technology, innovation, and sustainability investment. My unique approach, "First Principles," involves breaking down complex problems to their most basic elements in terms of financial and technology, enab ...

Core Viewpoint - Jumia Technologies experienced a significant 53.8% drop in stock price following the announcement of a large secondary offering, despite reporting positive financial results and reaffirming guidance for the year. This situation poses a challenge for the company to regain investor confidence after a previous five-month rally that saw its stock increase nearly fivefold [2][11]. Financial Performance - Jumia reported a 15% year-over-year revenue increase in constant currency terms. The loss before income tax from continuing operations rose by 1% year-over-year, while adjusted EBITDA loss decreased by 11% year-over-year [8]. - The liquidity position decreased by $8.7 million from Q1, totaling $92.8 million. Jumia Pay transactions increased by 31%, raising its share of transactions from 32.0% to 39.1%, with total payment volume soaring by 49% in constant currency [8]. Customer Acquisition - Jumia has 2 million customers in a market of 600 million people, with a focus on stabilizing its active customer base after a strategic decline in money-losing marketing. The company aims to leverage its marketing spend effectively to acquire more customers [5]. - The company reported a 46% 90-day repurchase rate from new customers in Ivory Coast, indicating promising retention rates and expectations for overall improvement as efforts expand across markets [5]. Supply Chain Acceleration - Jumia plans to invest in accelerating supply, emphasizing that improved supply is crucial for growth. The company currently employs 60 staff in Shenzen, China, to source electronics and aims to scale up supply in other regions [6]. - A successful supply chain will create a virtuous cycle, where better supply leads to increased customer demand and improved pricing from suppliers [6]. Market Expansion - Jumia is focusing on expanding its reach beyond capital cities, with plans for technology investments in vendor platforms and marketing to enhance growth prospects [7]. - The share of orders from secondary cities has increased to 53%, up from 48% a year ago, with 73% of these orders processed through pickup stations, which are essential for Jumia's asset-light logistics model [10]. Strategic Challenges - The secondary offering of 20,227,736 ADSs is seen as a necessary move for long-term growth, despite the immediate negative impact on stock price. The company aims to use the funds to cushion against economic volatility and invest in strategic growth areas [11]. - The macroeconomic environment in Africa remains volatile, which necessitates a conservative approach to guidance and investment [4].

African e-commerce company Jumia is selling 20 million American depositary shares over the next couple of weeks, TechCrunch has learned. The at-the-market transaction is to take advantage of strong results despite a volatile market. Given Jumia's share price of around $5.70 when the stock market opened on Tuesday, the e-commerce company could potentially raise approximately $100 million through its new share offering. However, the final amount will depend on the share price, which has since dropped to $4.90 ...