NYSE$JMIA

Jumia Technologies AG-ADR · Q1 2025 earnings

Q1 2025 earnings · · Before market open · Investor relations

Briefing

Jumia Q1 2025: orders +21% but revenue falls 26% on Egypt corporate sales drop

Jumia reported first quarter 2025 revenue of $36.3 million, down 26% year over year (18% lower in constant currency), primarily because of a sharp decline in higher-margin corporate sales in Egypt versus the prior-year quarter. GMV fell 11% to $161.7 million, but orders rose 21% to 5.1 million and quarterly active customers increased 15%, reflecting stronger underlying consumer momentum—March GMV was up 16% year over year. Operating loss widened to $18.7 million from $8.3 million, and adjusted EBITDA loss was $15.7 million versus $4.3 million a year ago. Loss before income tax improved to $16.5 million from $39.6 million, helped by a $33.5 million swing in net finance results. Liquidity was $110.7 million at March 31, and management raised full-year 2025 loss-before-tax guidance to $50M–$55M while targeting breakeven in Q4 2026.

  • Revenue $36.3M (-26% YoY); GMV $161.7M (-11%) but orders +21% and active customers +15%.
  • Operating loss $18.7M vs $8.3M prior year; adjusted EBITDA loss $15.7M vs $4.3M.
  • Loss before income tax $16.5M improved 58% YoY on much lower net finance costs.
  • Liquidity $110.7M; net cash used in operating activities $21.2M vs inflow of $4.5M in Q1 2024.
  • Raised FY2025 loss-before-tax guidance to $50M–$55M; on track for Q4 2026 breakeven.

Headline financials

Total Revenue

$36.3M

Previous: $48.9M-25.8%
EPS (adj)

-$0.16

Previous: $999.00-100.0%
Physical goods orders

5.1

No prior period
Adjusted EBITDA loss

-$15.7M

No prior period
Quarterly active customers (millions)

2.1

No prior period
GMV

$162M

No prior period
Free Cash Flow

-$21.2M

No prior period
Net Income

-$16.7M

Previous: -$40.7M+58.9%
Operating Income

-$18.7M

Previous: -$8.5M-119.6%
Gross Profit

$19.9M

Previous: $29.3M-32.1%
Cash & Equivalents

$61.6M

No prior period

Revenue & EPS history

Jumia · Revenue · Quarterly

$36.3M

Q1 2025-25.8%vs Q1 2024
Beat estimate in 7 of 12 quarters(58%)
ActualEstimate

Revenue by segment

Jumia · $35.9M total across 2 segments · Q1 2025

  • Marketplace revenue
    $18.1M
  • First-party sales
    $17.8M

Forward guidance

Jumia raised FY2025 guidance to 20–25% order growth, GMV of $795M–$830M (ex-FX), and loss before income tax of $50M–$55M; targets Q4 2026 breakeven and full-year 2027 profitability.

Tailwinds

  • Consumer order growth accelerating with Nigeria orders +22% and GMV +20%
  • Fulfillment expense per order down 14% on efficiency gains

Headwinds

  • Corporate sales in Egypt remain volatile and weighed on revenue and margins
  • Operating cash burn increased on inventory build ahead of anniversary campaign

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

-3.8%

Avg return

Earnings day

-5.2%

Avg return

5 days after

+2.8%

Avg return

30 days after

33%

9 / 27 earnings

Positive

+47.1%

Q4 2023

Best reaction

-27.3%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+6.1%-0.3%-2.4%
Q4 2025-15.8%-24.0%-39.8%
Q3 2025-4.1%-3.9%+15.9%
Q1 2025+19.4%+43.7%+40.4%
Q4 2024-27.3%-33.5%-36.3%
Q3 2024-20.7%-16.8%-5.2%
Q1 2024+19.4%+9.9%+45.3%
Q4 2023+47.1%+29.4%+113.6%
Q3 2023+1.9%+9.5%+31.4%
Q2 2023-18.0%-19.4%-22.8%
Q1 2023-10.1%-13.9%+5.0%
Q4 2022-13.9%-17.0%-27.8%
Q3 2022-5.7%-13.3%-28.3%
Q2 2022+22.8%+36.4%+13.0%
Q1 2022+20.4%+21.5%+9.0%
Q4 2021+5.1%+19.3%+11.7%
Q3 2021-22.6%-23.9%-36.7%
Q2 2021-4.1%-12.4%-10.8%
Q1 2021-1.5%+10.8%+25.9%
Q4 2020-5.2%-3.5%-29.1%
Q3 2020-19.0%-8.2%+136.3%
Q2 2020-16.0%-26.8%-49.7%
Q1 2020-21.0%-23.5%+5.2%
Q4 2019-26.3%-25.5%-40.6%
Q3 2019-8.6%-17.6%-18.0%
Q2 2019-9.8%-19.8%-29.6%
Q1 2019+4.5%-18.7%+1.0%
Q4 2018
Q3 2018
Q2 2018
Q1 2018

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