Jumia Technologies (JMIA) Reports Q1 Revenues of EUR29.3M

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Go back to Jumia Technologies (JMIA) Reports Q1 Revenues of EUR29.3M

Jumia Reports First Quarter 2020 Results

May 13, 2020 6:30 AM EDT

Gross profit after Fulfillment expense reaches 2.5 million

Adjusted EBITDA loss decreases by 10% year-over-year, reaching its lowest level in the past 6 quarters

Operating loss decreases by 4% year-over-year

LAGOS, Nigeria--(BUSINESS WIRE)-- Jumia Technologies AG (NYSE: JMIA) (Jumia or the Company) announced today its financial results for the quarter ended March 31, 2020.

Results highlights

Usage growth Annual Active Consumers reached 6.4 million, a... More