Jumia Reports Positive Q2 Results and Secures $50 Million Capital Raise
Jumia Q2 results: GMV +23% adjusted, Adj. EBITDA loss down 36% to $8.7M. $50M capital raise anchored by IFC. Path to Q4 2026 breakeven reaffirmed.
Jumia Q2 results: GMV +23% adjusted, Adj. EBITDA loss down 36% to $8.7M. $50M capital raise anchored by IFC. Path to Q4 2026 breakeven reaffirmed.
Jumia Technologies (JMIA) reports Q4 2025 earnings with 34% revenue growth to $61.4M but posts larger losses than expected at $0.08 per share vs. analyst estimates. Jumia decided to cease operations in Algeria.
Cantor Fitzgerald starts coverage of Jumia with optimism, calling Africa the “final frontier” for e-commerce and seeing Jumia as the “Amazon of Africa.”
Craig-Hallum starts coverage of Jumia with a Buy rating, highlighting growth potential in African e-commerce and long-term upside of $125-$250 per share.