Jumia Technologies (NYSE: JMIA) stock price has bounced back in the past few months as investors cheered the company’s turnaround. It has soared by over 178% from its lowest level in 2023 and is up by over 75% this year alone.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Turnaround is going on but risks remainCopy link to sectionJumia Technologies, commonly compared to Africa’s Amazon, is going through a turnaround after going through major challeng ...

Jumia’s revenue and gross merchandise volume showed growth despite a decrease in quarterly active customers, according to its Q1 2024 report. Revenue increased by 19% year-over-year (57% in constant currency) to $48.9 million, while GMV surged by 5% year-over-year (39% in constant currency) to $181 million.The quarterly active customers of the African e-tailer, on the other hand, declined by almost 5% from 2 million to 1.9 million due to cost-cutting measures such as reduced customer incentives and free shi ...

Jumia Technologies AG (NYSE:JMIA) Q1 2024 Earnings Conference Call May 7, 2024 8:30 AM ET Operator With that, I'll hand the call over to Francis. Jumia is off to a strong start of the year. After a transformational 2023, we have continued to work diligently to reduce costs and improve cash efficiency, while establishing a leaner and more agile organization primed for growth. Fulfillment expenses as a percentage of GMV improved from 6.8% in Q1 2023 to 5.2% this quarter, illustrating the importance of our log ...

The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Jumia Technologies (JMIA) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.Jumia Technologies is a member of our Retail-Wholesale group, which includes 215 different companies and currently sits at #10 ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _____________________________________________________________________ FORM 20-F o REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR o SHELL COMPAN ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________________________________ FORM 6-K ________________________________________________ REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 March 28, 2024 ________________________________________________ Commission File Number: 001-38863 ________________________________________________ Jumia Technologies AG (Translation of registrant's name into English) _______ ...

Clay10/iStock via Getty Images In Q3, Jumia Technologies AG (NYSE:JMIA) delivered a milestone quarter which confirmed the company’s turnaround and newfound momentum. In Q4, JMIA delivered proof positive that its strategy is working and sustainable. For this latest interview, I talked to CEO Francis Dufay about strategic achievements highlighting key milestones for investors, plans for targeted improvements and growth targets, managing liquidity, the impact of a tax provision, the introduction of Buy Now ...

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 company exceeded these expectations and significantly outperformed in that regard. It ended the year with $58.2 million in adjusted EBITDA loss, marking a 68% decrease from 2022, and Q4 concluded with less than $1 million in adjusted losses, a 99% decrease. Jumia’s operating loss decreased by 90% to $4 million that q ...

Jumia Technologies AG (NYSE:JMIA) Q4 2023 Earnings Conference Call February 15, 2024 8:30 AM ET Company Participants Francis Dufay - Chief Executive Officer Antoine Maillet-Mezeray - EVP, Finance and Operations Conference Call Participants Operator Good morning, ladies and gentlemen. Thank you for standing by. Welcome to Jumia's Results Conference Call for the Fourth Quarter and Full Year 2023. At this time, all participants are in a listen-only mode. After management's prepared remarks, there will be a que ...

I @ O 0 O Disclaimer 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, intentions, estimates or strategies regarding the future, which may not be ...