Jumia Technologies: Growing Momentum Toward Profitability |
Jumia's Q1 earnings showed a mixed picture, but improved full-year guidance for FY2025 and FY2026, and profitability by Q4 2026, sparked a significant stock rally. Despite revenue and GMV declines, loss before income tax improved 58% YoY, highlighting the company's focus on profitability amidst challenges in Egypt. CEO Francis Dufay emphasized cost savings, operational efficiencies, and strategic marketing as key drivers for future growth, with a strong focus on Nigeria's potential. |
seekingalpha.com |
2025-05-14 14:53:14 |
Czytaj oryginał (ang.) |
Jumia Expands Delivery Service to Nigeria |
Following success in Côte d'Ivoire, Jumia Delivery launches in Nigeria with plans to enter more key markets LAGOS, NG / ACCESS Newswire / May 13, 2025 / Jumia, the leading pan-African e-commerce platform, today announced the expansion of its logistics service, Jumia Delivery, to Nigeria. Building on its successful operations in Côte d'Ivoire, Jumia Delivery offers individuals and businesses a fast, secure, and cost-effective parcel delivery service across the country. |
accessnewswire.com |
2025-05-13 12:30:00 |
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Why Jumia Technologies Stock Soared Today |
Shares of Jumia Technologies (JMIA 18.75%) were surging today after the African e-commerce company reported solid growth in orders, despite a decline in revenue, and guided to full-year profitability in 2027. |
fool.com |
2025-05-08 18:41:35 |
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Jumia Technologies AG (JMIA) Q1 2025 Earnings Call Transcript |
Jumia Technologies AG (NYSE:JMIA ) Q1 2025 Earnings Conference Call May 8, 2025 8:30 AM ET Company Participants Ignatius Njoku - Head of IR Francis Dufay - CEO Antoine Mezeray - EVP, Finance & Operations Conference Call Participants Brad Erickson - RBC Capital Markets Tracy Kivunyu - SPG Securities Operator Good morning, ladies and gentlemen. Thank you for standing by. |
seekingalpha.com |
2025-05-08 16:35:56 |
Czytaj oryginał (ang.) |
Jumia Reports First Quarter 2025 Results |
Jumia Raises Full-Year 2025 Guidance on Strong Execution Accelerating Order and Customer Growth Drives Momentum; Expect To Achieve Breakeven in 4Q 2026 LAGOS, NIGERIA / ACCESS Newswire / May 8, 2025 / Jumia Technologies AG (NYSE:JMIA) ("Jumia" or the "Company") announced today its financial results for the first quarter ended March 31, 2025. Financial highlights for the first quarter 2025 Revenue of $36.3 million, down 26% year-over-year, or down 18% in constant currency. |
accessnewswire.com |
2025-05-08 10:45:00 |
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Jumia to Announce First Quarter 2025 Results on May 8, 2025 |
LAGOS, NIGERIA / ACCESS Newswire / April 21, 2025 / Jumia Technologies AG (NYSE:JMIA) ("Jumia") today announced that it will release results for the first quarter 2025 before the U.S. market opens on Thursday, May 8, 2025. Management will host a conference call to discuss the quarter's results at 8:30am ET on the same day. |
accessnewswire.com |
2025-04-21 11:30:00 |
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Prediction: 2 Stocks That Will Be Worth More Than BigBear.ai 2 Years From Now |
BigBear.ai (BBAI 20.20%), a developer of artificial intelligence (AI) modules for edge networks, has seen its stock decline nearly 70% since it went public by merging with a special purpose acquisition company (SPAC) on Dec. 8, 2021. Like many other SPAC-backed start-ups, BigBear.ai set some ambitious growth targets but missed them by a mile. |
fool.com |
2025-03-25 07:10:00 |
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Jumia Files Annual Report 2024 on Form 20-F With the U.S. Securities and Exchange Commission |
BERLIN, GERMANY / ACCESS Newswire / March 7, 2025 / 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 ended December 31, 2024 (the "Annual Report") with the U.S. Securities and Exchange Commission (SEC). You can access a PDF version of the Annual Report at Jumia's Investor Relations website https://investor.jumia.com/financials-filings/default.aspx. |
accessnewswire.com |
2025-03-07 18:15:00 |
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Jumia's Business Prospects: Personal Reflections And A Candid Conversation With The CEO |
Jumia's Business Prospects: Personal Reflections And A Candid Conversation With The CEO |
seekingalpha.com |
2025-02-26 13:51:19 |
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Why Jumia Stock Is Plummeting Today |
Jumia (JMIA -30.25%) stock is getting crushed in Thursday's trading. The e-commerce company's share price was down 29.5% as of 10:15 a.m. |
fool.com |
2025-02-20 15:23:23 |
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Jumia Technologies AG (JMIA) Q4 2024 Earnings Call Transcript |
Jumia Technologies AG (NYSE:JMIA ) Q4 2024 Results Conference Call February 20, 2025 8:30 AM ET Company Participants Ignatius Njoku - Head of IR Francis Dufay - CEO Antoine Maillet-Mezeray - EVP, Finance & Operations Conference Call Participants Brad Erickson - RBC Capital Markets Operator Good morning, ladies and gentlemen. Thank you for standing by. |
seekingalpha.com |
2025-02-20 13:04:01 |
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Jumia Reports Fourth Quarter 2024 Results |
Strategic Initiatives Fuel Accelerated Growth in Orders and Active Customers Cost Discipline and Targeted Marketing Drive Further Operational Efficiency Gains LAGOS, NG / ACCESS Newswire / February 20, 2025 / Jumia Technologies AG (NYSE:JMIA) ("Jumia" or the "Company") announced today its financial results for the fourth quarter ended December 31, 2024. Results highlights for the fourth quarter 2024 Revenue of $45.7 million, down 23% year-over-year, or down 2% in constant currency. |
accessnewswire.com |
2025-02-20 08:45:00 |
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Jumia Technologies (JMIA) Declines More Than Market: Some Information for Investors |
Jumia Technologies (JMIA) closed at $4.15 in the latest trading session, marking a -0.24% move from the prior day. |
zacks.com |
2025-02-14 21:01:07 |
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Nigeria Loyalty Programs Market Databook 2025: Jumia, Shoprite, Kuda and Opay Lead with Innovative Loyalty Programs, while Start-ups like ThankUCash Gain Traction with White-labeled Solutions for SMEs |
Nigeria's loyalty market grew at a 20.5% CAGR from 2020-2024 and is projected to expand at a 16% CAGR from 2025-2029, increasing from $203.9M in 2024 to $437.3M by 2029. Nigeria's loyalty market grew at a 20.5% CAGR from 2020-2024 and is projected to expand at a 16% CAGR from 2025-2029, increasing from $203.9M in 2024 to $437.3M by 2029. |
globenewswire.com |
2025-02-14 11:10:00 |
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Jumia to Announce Fourth Quarter and Full Year 2024 Results on February 20, 2025 |
LAGOS, NIGERIA / ACCESS Newswire / February 10, 2025 / Jumia Technologies AG (NYSE:JMIA) ("Jumia") today announced that it will release results for the fourth quarter and full year 2024 before the U.S. market opens on Thursday, February 20, 2025. Management will host a conference call to discuss the quarter's results at 8:30am ET on the same day. |
accessnewswire.com |
2025-02-10 15:00:00 |
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Jumia Technologies (JMIA) Stock Falls Amid Market Uptick: What Investors Need to Know |
Jumia Technologies (JMIA) closed at $4.01 in the latest trading session, marking a -1.72% move from the prior day. |
zacks.com |
2025-02-05 21:06:36 |
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Here's Why Jumia Technologies (JMIA) Gained But Lagged the Market Today |
The latest trading day saw Jumia Technologies (JMIA) settling at $3.84, representing a +0.52% change from its previous close. |
zacks.com |
2025-01-22 21:21:27 |
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Jumia Technologies (JMIA) Falls More Steeply Than Broader Market: What Investors Need to Know |
Jumia Technologies (JMIA) concluded the recent trading session at $3.74, signifying a -1.06% move from its prior day's close. |
zacks.com |
2025-01-16 21:20:15 |
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Jumia Technologies (JMIA) Exceeds Market Returns: Some Facts to Consider |
The latest trading day saw Jumia Technologies (JMIA) settling at $3.95, representing a +1.28% change from its previous close. |
zacks.com |
2025-01-03 21:36:33 |
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Jumia: Cleaning Up The Business For 2025 |
Jumia's Q3 results exceeded expectations, showing growth despite significant currency headwinds, with GMV up 29% in constant-currency and revenue growing 9% in constant-currency. The company is refocusing on profitable markets, exiting South Africa and Tunisia, which only accounted for 2% of orders and 3% of GMV. Operational improvements, including a stronger balance sheet and increased focus on higher-margin products, are starting to stabilize Jumia's business trends. |
seekingalpha.com |
2024-12-23 16:20:19 |
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Why Jumia Stock Skyrocketed Today |
Jumia Technologies (JMIA 19.52%) stock surged in Thursday's trading. The African e-commerce company's share price ended the day's trading up 19.7% and had been up as high as 26.1% earlier in the session. |
fool.com |
2024-12-05 21:10:35 |
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Jumia Releases Preliminary KPIs For The Two Months Ended November 30, 2024; Announces Successful Black Friday Event |
Orders totaled 4.3 Million for the Two Months Ended November 30, 2024; Up 18% Year-Over-Year Physical Goods Orders Grew 17% during the Two Months Ended November 30, 2024 to 3.9 Million With 2.5 Million Physical Goods Orders Placed During Jumia's Successful Black Friday Event LAGOS, NIGERIA / ACCESSWIRE / December 5, 2024 / Today, Jumia Technologies AG (NYSE:JMIA) ("Jumia", the "Company") announced preliminary unaudited results of selected KPIs for the two months ended November 30, 2024, including the performance of select KPIs relating to the Company's annual Black Friday event, which ran from November 1 through November 30, 2024. All reported preliminary KPIs exclude results from South Africa and Tunisia, reflecting the Company's recently announced exit from these markets by year end 2024. |
accesswire.com |
2024-12-05 10:00:00 |
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Jumia Egypt Partners with Premium Card to Support E-commerce Growth in Egypt |
Collaboration Offers Customers Diverse Payment Solutions and Flexible Installment Plans Through JumiaPay CAIRO, EGYPT / ACCESSWIRE / November 18, 2024 / Jumia Technologies AG (NYSE:JMIA), a leading e-commerce platform in Egypt, today announced a strategic partnership with Premium International for Financial Services, "Premium Card", a company specializing in diverse payment solutions to enhance the online shopping experience and provide exceptional benefits to customers. "We are excited to announce this strategic partnership with Premium Card, which represents a significant opportunity to expand our service offerings. |
accesswire.com |
2024-11-18 10:30:00 |
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A Fresh Reset For Jumia Technologies |
Jumia's Q3 results showed mixed performance with positive growth in active customers and GMV but increased cash usage and EBITDA loss due to strategic investments. Warehouse consolidation and increased marketing spend temporarily raised costs but are expected to drive efficiency and growth in 2025. Expansion beyond major cities in Nigeria is promising, with upcountry orders growing 22%, highlighting Jumia's resilience in tough economic conditions. |
seekingalpha.com |
2024-11-12 15:04:33 |
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Jumia to Present at the 2024 RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference |
LAGOS, NIGERIA / ACCESSWIRE / November 12, 2024 / Jumia Technologies AG (NYSE:JMIA) ("Jumia" or the "Company") announced today that Francis Dufay, Chief Executive Officer, will participate in a fireside chat and along with Antoine Malliet-Mezeray, Executive Vice President of Finance and Operations, will participate in one-on-one meetings at the 2024 RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference on November 20, 2024 in New York, NY. The fireside chat will take place at 11:20am ET on November 20, 2024. |
accesswire.com |
2024-11-12 10:00:00 |
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Jumia Ghana Expands Operations with New State-of-the-Art Warehouse |
Expansion to Drive Faster Delivery, Broader Product Selection, and E-commerce Growth in Ghana New Warehouse Aligns with Jumia's Strategic Focus on the Optimization and Efficiency of its Operations ACCRA, GHANA / ACCESSWIRE / November 11, 2024 / Jumia Technologies AG (NYSE:JMIA), a leading e-commerce platform in Africa, today announced the launch of a new integrated warehouse and logistics network facility in Tema, Ghana. The facility marks a significant investment in Ghana's e-commerce ecosystem and underscores Jumia's commitment to delivering exceptional customer experiences. |
accesswire.com |
2024-11-11 10:00:00 |
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Jumia Technologies AG (JMIA) Q3 2024 Earnings Call Transcript |
Jumia Technologies AG (NYSE:JMIA ) Q3 2024 Earnings Call Transcript November 7, 2024 8:30 AM ET Company Participants Francis Dufay - CEO Antoine Maillet-Mezeray - EVP, Finance and Operations Conference Call Participants Brad Erickson - RBC Operator Good morning, ladies and gentlemen. Thank you for standing by. |
seekingalpha.com |
2024-11-07 12:51:31 |
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Jumia Reports Third Quarter 2024 Results |
Continued Execution on Fundamentals, Resilient Top-Line Growth in Challenging Macro Conditions and Significantly Improved Liquidity Position LAGOS, NIGERIA / ACCESSWIRE / November 7, 2024 / Jumia Technologies AG (NYSE:JMIA) ("Jumia" or the "Company") announced today its financial results for the third quarter ended September 30, 2024. Results highlights for the third quarter 2024 Revenue of $36.4 million, down 13% year-over-year, or up 9% in constant currency. |
accesswire.com |
2024-11-07 08:45:00 |
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Jumia Technologies (JMIA) Stock Falls Amid Market Uptick: What Investors Need to Know |
Jumia Technologies (JMIA) reachead $4.57 at the closing of the latest trading day, reflecting a -0.65% change compared to its last close. |
zacks.com |
2024-11-01 21:02:08 |
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Hepsiburada and Jumia Join Forces to Unlock Broader Product Selection for North African Consumers |
Partnership with Leading Turkish E-commerce Technology Platform to Expand Product Access for North African Consumers CAIRO, EGYPT / ACCESSWIRE / October 30, 2024 / Jumia (NYSE:JMIA) and D-MARKET Electronic Services & Trading (d/b/a "Hepsiburada") (NASDAQ:HEPS), today announced that the companies have entered into a commercial partnership whereby Hepsiburada will list its private label products and a portion of its retail assortment, together with a selection of other curated Turkish brands, on Jumia. Headquartered in Istanbul, Hepsiburada is a leading e-commerce technology platform in Türkiye. |
accesswire.com |
2024-10-30 10:00:00 |
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Jumia to Announce Third Quarter 2024 Results on November 7, 2024 |
LAGOS, NIGERIA / ACCESSWIRE / October 24, 2024 / Jumia Technologies AG (NYSE:JMIA) ("Jumia") today announced that it will release results for the third quarter of 2024 before the U.S. market opens on Thursday, November 7, 2024. Management will host a conference call to discuss the quarter's results at 8:30am ET on the same day. |
accesswire.com |
2024-10-24 20:05:00 |
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Jumia Technologies (JMIA) Stock Falls Amid Market Uptick: What Investors Need to Know |
Jumia Technologies (JMIA) closed at $5.03 in the latest trading session, marking a -0.59% move from the prior day. |
zacks.com |
2024-10-16 23:21:29 |
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Jumia To Cease Operations in Non-Strategic Markets |
Ceasing Operations in South Africa and Tunisia to Optimize Resources and Focus on Markets with Stronger Growth Potential LAGOS, NIGERIA / ACCESSWIRE / October 16, 2024 / Jumia Technologies AG (NYSE:JMIA) ("Jumia" or "the Company"), a leading e-commerce platform in Africa, today announced the planned closure of its operations in South Africa, operated under the brand name Zando, and Tunisia. The closure of these markets will allow Jumia to focus resources on its most promising markets that have a stronger growth potential. |
accesswire.com |
2024-10-16 09:00:00 |
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Jumia Technologies (JMIA) Increases Despite Market Slip: Here's What You Need to Know |
In the most recent trading session, Jumia Technologies (JMIA) closed at $5.14, indicating a +0.19% shift from the previous trading day. |
zacks.com |
2024-10-10 23:20:33 |
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Jumia Announces New Integrated Warehouses in Egypt and Ivory Coast |
Strategy to Centralize and Integrate Warehouses Improves Jumia's Storage Capacity and Efficiency While Driving E-commerce Growth CAIRO, EGYPT and ABIDJAN, IVORY COAST / ACCESSWIRE / October 10, 2024 / Jumia Technologies AG, (NYSE:JMIA) ("Jumia" or "the Company") a leading e-commerce platform in Africa today announced the planned opening of new warehouses in Cairo, Egypt, and Abidjan, Ivory Coast. The new warehouses are strategically positioned to enable upcountry expansion and in turn drive e-commerce growth while increasing cost efficiencies, improving employee experience, and providing the increased capacity Jumia will need as the Company continues to grow. |
accesswire.com |
2024-10-10 20:05:00 |
Czytaj oryginał (ang.) |
Jumia Technologies (JMIA) Registers a Bigger Fall Than the Market: Important Facts to Note |
The latest trading day saw Jumia Technologies (JMIA) settling at $5.56, representing a -0.89% change from its previous close. |
zacks.com |
2024-10-03 23:20:20 |
Czytaj oryginał (ang.) |
JMIA Stock Surges 5.03% on Impressive Trading Volume and Positive Outlook |
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%. |
gurufocus.com |
2024-10-02 20:13:42 |
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Jumia Technologies (JMIA) Increases Despite Market Slip: Here's What You Need to Know |
Jumia Technologies (JMIA) reachead $5.30 at the closing of the latest trading day, reflecting a +1.73% change compared to its last close. |
zacks.com |
2024-09-27 23:21:14 |
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