Jumia Reports Third Quarter 2024 Results [Yahoo! Finance]
Jumia Technologies AG American Depositary Shares, each representing two Ordinary Shares (JMIA)
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Source: Yahoo! Finance
LAGOS, NIGERIA / ACCESSWIRE / November 7, 2024 / Jumia Technologies AG (NYSE:JMIA) ("Jumia" or the "Company") announced today its financial results for the third quarter ended September 30, 2024. Results highlights for the third quarter 2024 Revenue of $36.4 million, down 13% year-over-year, or up 9% in constant currency. GMV of $162.9 million, down 1% year-over-year, or up 29% in constant currency. Operating loss of $20.1 million compared to $18.3 million in the third quarter of 2023, up 10% year-over-year, and up 6% in constant currency. Adjusted EBITDA loss of $17.0 million compared to $14.8 million in the third quarter of 2023, up 15% year-over-year, and up 10% in constant currency. Loss before income tax from continuing operations of $17.8 million in the third quarter of 2024, down 17% year-over-year or down 2% in constant currency. Liquidity position of $164.6 million, an increase of $71.8 million in the third quarter of 2024, that includes the net proceeds from t
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News
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- Jumia Egypt Partners with Premium Card to Support E-commerce Growth in EgyptAccesswire
- Jumia Technologies AG (NYSE: JMIA) was upgraded by analysts at Royal Bank of Canada to a "hold" rating.MarketBeat
- Jumia Technologies AG (NYSE: JMIA) is now covered by analysts at Royal Bank of Canada. They set a "sector perform" rating and a $5.00 price target on the stock.MarketBeat
- Jumia to Present at the 2024 RBC Capital Markets Global Technology, Internet, Media and Telecommunications ConferenceAccesswire
JMIA
Sec Filings
- 11/7/24 - Form 6-K
- 11/5/24 - Form SCHEDULE
- 10/16/24 - Form 6-K
- JMIA's page on the SEC website