Jumia Technologies (JMIA) reports Revenue beat, raises guidance

Jumia Technologies (NYSE: JMIA) reported Q2 revenue of $45.6 million versus the consensus estimate of $43 million.

Guidance:

Jumia remains committed to delivering profitable growth in 2025 by scaling usage, improving operational efficiency, and driving meaningful reductions in cash burn.

Based on current business trends early in the third quarter, driven by strong value proposition and increasing momentum in key marketing channels, we are raising our full-year 2025 guidance as follows:

We anticipate physical goods Orders to grow between 25% and 30% year-over-year, revised up from the previous range of 20% to 25%.

GMV is now projected to grow between 15% and 20% year-over-year, revised upward from previous range of 10% to 15%.

We forecast Loss before Income tax to be in the range of negative $45 million to negative $50 million, an improvement from the previous range of negative $50 million to negative $55 million.

Strategic targets for full-year 2026:

We are targeting a Loss before Income tax to be in the range of negative $25-$30 million.

We confirm our strategic goal to achieve breakeven on a Loss before Income tax basis in the fourth quarter of 2026, and deliver full-year profitability in 2027.

For earnings history and earnings-related data on Jumia Technologies (JMIA) click here.

You May Also Be Interested In

• Stripe, Advent In Talks To Buy Paypal - WSJ
• Critical One Energy closes second tranche of flow-through placement
• Air T reports revenue jump but widens operating loss in Q1 fiscal 2027