Jumia Reports First Quarter 2021 Results; Continued Progress Towards Profitability
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Jumia Technologies (JMIA) Q1 Revenue Falls YoY, Adjusted EBTIDA Loss Also Decreases
May 11, 2021 7:20 AM EDTJumia Technologies (NYSE: JMIA) reported Q1 revenue of EUR27.37 million, versus EUR29.25 million reported last year. Adjusted EBITDA loss decreased by 24% year-over-year.
"Our first quarter results reflect solid progress towards profitability. The drivers remain consistent: selective and disciplined usage growth, gradual monetization and... More
