[FORM 6-K Filing Details](index=1&type=section&id=FORM%206-K%20Filing%20Details) This section details the purpose, exhibits, and authorization for Jumia Technologies AG's Form 6-K filing, which includes its 2023 Annual Report on Form 20-F [Purpose of Filing](index=1&type=section&id=Purpose%20of%20Filing) Jumia Technologies AG filed its Annual Report 2023 on Form 20-F on March 28, 2024, as required for foreign private issuers, with a related press release furnished as an exhibit - Jumia Technologies AG filed its Annual Report 2023 on Form 20-F[4](index=4&type=chunk) - The filing date for the Annual Report 2023 on Form 20-F was **March 28, 2024**[4](index=4&type=chunk) - A copy of the related press release is furnished as Exhibit 99.1[4](index=4&type=chunk) [Exhibit Information](index=3&type=section&id=Exhibit%20Information) The report includes one exhibit, Exhibit 99.1, which is the press release announcing the filing of the Annual Report 2023 on Form 20-F Exhibit Details | Exhibit No. | Description of Exhibit | | :---------- | :------------------------------------- | | 99.1 | Jumia Files Annual Report 2023 on Form 20-F dated March 28, 2024. | [Signatures and Authorization](index=4&type=section&id=Signatures%20and%20Authorization) The report was duly signed on March 28, 2024, by Jumia Technologies AG's Chief Executive Officer, Francis Dufay, and Executive Vice President, Finance & Operations, Antoine Maillet-Mezeray, authorizing its submission - The report was signed by Francis Dufay, Chief Executive Officer and Member of the Management Board of Jumia Technologies AG[9](index=9&type=chunk) - The report was also signed by Antoine Maillet-Mezeray, Executive Vice President, Finance & Operations and Member of the Management Board of Jumia Technologies AG[9](index=9&type=chunk) - The report was dated and signed on **March 28, 2024**[10](index=10&type=chunk)

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 ...

Financial Data and Key Metrics Changes - The adjusted EBITDA loss for the full year of 2023 decreased to $58.2 million from $182.1 million in 2022, showing steady improvement quarter-over-quarter [6] - The loss before tax from continuing operations for the full year of 2023 decreased to $98.6 million from $206.2 million in 2022 [6] - Liquidity position improved, decreasing from $227.4 million in 2022 to $106.9 million in 2023, with a liquidity position of $120.6 million at the end of 2023 [11][62] - Revenue reached $59 million in Q4 2023, down 2% year-over-year but up 28% in constant currency [45][74] Business Line Data and Key Metrics Changes - Marketplace revenue reached $32.9 million in Q4 2023, down 10% year-on-year but up 22% on a constant currency basis [21] - Sales and advertising expenses decreased from $16.8 million in Q4 2022 to $6.2 million in Q4 2023, reflecting a 63% year-on-year reduction [19][40] - Fulfillment expenses amounted to $11.7 million, down 37% year-on-year [39] Market Data and Key Metrics Changes - GMV for the full year of 2023 declined by 20% and orders by 22% year-over-year, but GMV reached $233 million in Q4 2023, down 8% year-over-year but growing significantly by 21% on a constant currency basis [11][30][67] - The share of physical goods transactions paid through JumiaPay increased from 18.8% in Q4 2022 to 27.7% in Q4 2023 [20] Company Strategy and Development Direction - The company is focused on building better supply in priority categories such as phones, electronics, home and living, fashion, and beauty [12][16] - A strategic shift away from unprofitable categories and expensive consumer incentives has been implemented to drive profitable growth [14][29] - The company aims to further reduce cash utilization in 2024 while pursuing top-line growth in both orders and GMV [13][43] Management's Comments on Operating Environment and Future Outlook - Management noted that high inflation rates and currency depreciations have adversely impacted consumer purchasing power across African markets [5] - The macroeconomic situation in several African markets is starting to recover, with improving GDP growth trends expected in 2024 and 2025 [31][69] - The company is confident in its ability to capture the unique opportunity of e-commerce in Africa, having never been in a better position [31][79] Other Important Information - The company discontinued its food delivery operations due to poor growth prospects and complexity [29] - Significant savings were achieved across the organization, with general and administrative expenses down 62% year-on-year [77] Q&A Session Summary - No questions were raised during the Q&A session, and the conference concluded with closing remarks from management [26][64]

Financial Data and Key Metrics Changes - In Q2 2023, the company reported a revenue of $48.5 million, down 15% year-over-year, but up 6% on a constant currency basis [41] - Adjusted EBITDA and operating losses were cut by two-thirds, reaching the lowest levels in over four years [9] - Cash utilization for the quarter was $38 million, down 42% year-over-year [52] - The liquidity position at the end of June 2023 was $166 million, with nearly 70% in USD, reducing exposure to local currency risk [53] Business Line Data and Key Metrics Changes - First Party revenue was $21.9 million, down 12% year-over-year, but up 19% on a constant currency basis [41] - Marketplace revenue reached $26.1 million, down 15% year-over-year, stable on a constant currency basis [42] - JumiaPay transactions reached 2.1 million in Q2 2023, down 38% year-over-year, largely due to the decline in JumiaPay app services [38] Market Data and Key Metrics Changes - Quarterly active consumers, orders, and GMV declined by 28%, 37%, and 25% year-over-year, respectively [12] - The average inflation level across the company's footprint reached 14.1% in June 2023, with Nigeria experiencing an 18-year high at 22.8% [13] - Foreign exchange contributed 13 to 14 points to the 25% GMV decrease in Q2 2023, with nine out of ten local currencies depreciating against the dollar [15] Company Strategy and Development Direction - The company is focused on improving supply quality and depth, particularly in core categories like electronics and fashion [17] - There is a strategic shift towards penetrating underserved markets outside major cities [18] - JumiaPay is being enhanced as a key enabler for e-commerce growth, with initiatives like Buy Now Pay Later solutions [27][28] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenging macroeconomic environment, describing it as possibly the worst in a decade for emerging markets [66] - There are early signs of growth in some priority categories, with expectations for a gradual return to growth in active customers [85] - The company remains confident in its long-term growth potential despite current challenges [59] Other Important Information - The company has suspended its first-party grocery offering in most countries to focus on more profitable categories [14] - Fulfillment expenses decreased by 50% year-over-year, reflecting improved logistics efficiency [46] - The company is committed to maintaining a disciplined approach to marketing spend, focusing on enhancing business fundamentals [48] Q&A Session Summary Question: Trends in order declines and exit rates - Management noted that the decline in orders was largely due to deliberate actions to reduce unprofitable categories, with some encouraging signs of stabilization in certain markets [66] Question: Impact of high commission rates on consumer prices - Some merchants have passed on commission increases to consumers, but the impact varies by category, with less effect seen in categories where selection is prioritized [68] Question: Return to growth in active customers - Management could not provide a specific timeline but emphasized that improving supply is crucial for returning to growth [85] Question: Details on cash balance and trapped cash - There are no material amounts of trapped cash, and the company has started repatriating cash from various countries [87]

Financial Performance - Adjusted EBITDA and Operating losses decreased by approximately 66% year-over-year, reaching the lowest loss levels in over 4 years[4] - Adjusted EBITDA loss guidance for 2023 updated to $90-100 million from $100-120 million previously[1] - Revenue for Q2 2023 was $48.5 million, down 15% year-over-year, but up 6% on a constant currency basis[20] - First Party revenue decreased to $21.9 million, a 12% year-over-year decline, but increased by 19% on a constant currency basis[20] - Gross profit reached $26.0 million, down 13% year-over-year, with a gross profit margin of 12.9%, up from 11.0% in Q2 2022[22] - Operating loss for Q2 2023 was $23.3 million, a 66% reduction year-over-year[32] - Adjusted EBITDA loss was $19.3 million, down 66% year-over-year[32] - The company’s total comprehensive loss for Q2 2023 was $38,137 thousand, down from $70,985 thousand in Q2 2022, a reduction of approximately 46.3%[41] Consumer Metrics - Quarterly Active Consumers decreased by 28.1% year-over-year to 2.4 million, while Orders fell by 36.5% to 6.5 million[2] - JumiaPay Transactions fell by 37.9% year-over-year to 2.1 million, primarily due to a decline in promotional digital services[11] - TPV penetration as a percentage of GMV increased from 27.4% in Q2 2022 to 28.1% in Q2 2023[17] - The Electronics category in Senegal grew by 58% year-over-year, indicating early signs of success in rebuilding general merchandise categories[10] Cost Management - Fulfillment expenses reduced by 50.4% year-over-year, while Sales and Advertising expenses decreased by 74%[5] - Fulfillment expense was $13.7 million, down 50% year-over-year, with fulfillment expense per order decreasing by 30% to $2.23[23] - Sales and Advertising expense was $5.8 million, down 74% year-over-year, with expense per order decreasing by 59% to $0.88[24] - General and Administrative (G&A) expenses, excluding share-based compensation, were $17.7 million in Q2 2023, down 32.7% from $26.3 million in Q2 2022[65] - General & Administrative expense guidance for 2023 is revised to $85 million to $95 million, down from the previous range of $90 million to $105 million[38] Cash and Assets - Cash position as of June 30, 2023, was $166.3 million, with cash and cash equivalents at $61.0 million[33] - Cash and cash equivalents at the end of Q2 2023 were $61,040 thousand, compared to $53,767 thousand at the end of Q2 2022, reflecting an increase of approximately 13.3%[44] - Total assets decreased from $330,221 thousand as of December 31, 2022, to $248,949 thousand as of June 30, 2023, a decline of about 24.5%[43] - Total equity attributable to equity holders of the Company decreased from $174,718 thousand as of December 31, 2022, to $106,346 thousand as of June 30, 2023, a decline of about 39.1%[43] Operational Efficiency - The company continues to focus on improving operational efficiency and reducing costs in response to the challenging market conditions[45] - The company reported a net cash flow used in operating activities of $20,725 thousand for Q2 2023, a significant improvement from $58,335 thousand in Q2 2022, indicating a reduction of approximately 64.6%[44] - The company experienced a foreign exchange gain of $8,644 thousand in Q2 2023, compared to a gain of $600 thousand in Q2 2022, reflecting a substantial increase[44] Market Dynamics - Gross Merchandise Value (GMV) declined by 25.4% year-over-year to $202.3 million, with a constant currency GMV decrease of 11.4%[2] - Total Payment Value (TPV) decreased by 23.3% year-over-year to $56.9 million, with a constant currency decline of 5.7%[11] - Gross Merchandise Value (GMV) for Q2 2023 was $202.3 million, a decrease of 25.4% year-over-year, while on a constant currency basis, it decreased by 11.4% to $240.1 million[65] - Total Payment Volume (TPV) for Q2 2023 was $56.9 million, down 23.3% year-over-year, with a TPV as a percentage of GMV of 28.1%[65] Strategic Insights - Management noted that Adjusted EBITDA is a critical measure for evaluating operational performance and strategic initiatives, despite its limitations[59][60] - The company emphasized the importance of using constant currency metrics to understand underlying business dynamics, excluding currency effects[61][62]

Company Participants Conference Call Participants Operator Safae Damir We would like to remind you that our discussions today will include forward-looking statements. Actual results may differ materially from those indicated in the forward-looking statements. Moreover, these forward-looking statements may speak only to our expectations as of today. We undertake no obligation to publicly update or revise these statements. For a discussion of some of the risk factors that could cause actual results to differ ...

[Jumia Technologies AG Form 6-K Filing](index=1&type=section&id=Jumia%20Technologies%20AG%20Form%206-K%20Filing) [Filing Information](index=1&type=section&id=Filing%20Information) Jumia Technologies AG, a foreign private issuer, filed this Form 6-K on May 16, 2023, confirming annual reports under Form 20-F - This Report of Foreign Private Issuer on Form 6-K was filed by Jumia Technologies AG on **May 16, 2023**[1](index=1&type=chunk) - The company files annual reports under **Form 20-F**[2](index=2&type=chunk) Company Identification | Detail | Information | | :--- | :--- | | **Registrant Name** | Jumia Technologies AG | | **Commission File Number** | 001-38863 | | **Principal Executive Office** | Skalitzer Straße 104, 10997 Berlin, Germany | [Report Content and Exhibits](index=2&type=section&id=Report%20Content%20and%20Exhibits) This filing announces Jumia Technologies AG's Annual Report 2022 on Form 20-F, filed May 16, 2023, with a related press release as Exhibit 99.1 - Jumia Technologies AG filed its **Annual Report 2022 on Form 20-F** on **May 16, 2023**[4](index=4&type=chunk) - A press release concerning the annual report filing is furnished as **Exhibit 99.1**[4](index=4&type=chunk)[6](index=6&type=chunk) [Signatures](index=4&type=section&id=Signatures) The report was duly authorized and signed on May 16, 2023, by the Chief Executive Officer and Executive Vice President, Finance & Operations - The report has been duly authorized and signed on behalf of the registrant[8](index=8&type=chunk) Authorized Signatories | Name | Title | | :--- | :--- | | **Francis Dufay** | Chief Executive Officer and Member of the Management Board | | **Antoine Maillet-Mezeray** | Executive Vice President, Finance & Operations and Member of the Management Board |

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, 2022 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR o SHELL COMPAN ...

Jumia Technologies AG (NYSE:JMIA) Q4 2022 Earnings Conference Call February 16, 2023 8:30 AM ET Company Participants Safae Damir - Head of Investor Relations Francis Dufay - Acting CEO Antoine Maillet-Mezeray - EVP Finance & Operations Conference Call Participants Luke Holbrook - Morgan Stanley Aaron Kessler - Raymond James Lamont Williams - Stifel Operator Good day, ladies and gentlemen. Thank you for standing by. Welcome to Jumia's Results Conference Call for the Fourth Quarter of 2022. At this time, all ...