Jumia Technologies (JMIA) Q1 Revenue Falls YoY, Adjusted EBTIDA Loss Also Decreases

Go back to Jumia Technologies (JMIA) Q1 Revenue Falls YoY, Adjusted EBTIDA Loss Also Decreases

Jumia Reports First Quarter 2021 Results; Continued Progress Towards Profitability

May 11, 2021 6:51 AM EDT

Gross profit increased by 11% year-over-year

Gross Profit after Fulfillment expense was up 149% year-over-year

Adjusted EBITDA loss decreased by 24% year-over-year

LAGOS, NIGERIA / ACCESSWIRE / May 11, 2021 / Jumia Technologies AG (NYSE: JMIA) ("Jumia" or the "Company") announced today its financial results for the first quarter ended March 31, 2021.

Results highlights for the first quarter 2021

For the three months ended March... More