Jumia Technologies (JMIA) Reports Q4 Revenues of EUR41.8M
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Jumia Reports Fourth Quarter and Full Year 2020 Results
February 24, 2021 6:45 AM ESTSignificant progress towards profitability
Gross profit increased by 12% year-over-year
Gross Profit after Fulfillment expense reached a record 8.4mm
Adjusted EBITDA loss decreased by 47% year-over-year
LAGOS, Nigeria--(BUSINESS WIRE)-- Jumia Technologies AG (NYSE: JMIA) (Jumia or the Company) announced today its financial results for the fourth quarter and full-year ended December 31, 2020.
Results highlights for the fourth quarter 2020
GMV was 231.1 million, a quarter-on-quarter acceleration of 23% supported by the Black... More