NYSE$JMIA

Jumia Technologies AG-ADR · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

Jumia Reports Fourth Quarter 2024 Results

Jumia Technologies AG reported its fourth quarter 2024 financial results, with revenue decreasing 23% year-over-year to $45.7 million, though only down 2% in constant currency. GMV also declined by 12% year-over-year to $206.1 million, but saw a 13% increase in constant currency. The company's operating loss significantly widened to $17.3 million, and Adjusted EBITDA loss increased to $13.7 million, reflecting increased operational costs.

  • Revenue for Q4 2024 was $45.7 million, a 23% year-over-year decrease, or 2% decrease in constant currency.
  • GMV for Q4 2024 was $206.1 million, a 12% year-over-year decrease, or 13% increase in constant currency.
  • Operating loss for Q4 2024 was $17.3 million, a significant increase from $4.5 million in Q4 2023.
  • Physical goods Orders, excluding South Africa and Tunisia, increased 18% year-over-year, contributing to overall Orders growth of 11% to 7.4 million.

Headline financials

Total Revenue

$45.7M

Previous: $59.4M-23.1%
EPS (adj)

$999.00

Previous: $999.00+0.0%
TPV

$59M

No prior period
GMV

$206M

No prior period
Capital Expenditures

-$2.04M

Previous: -$776K-162.5%
Net Income

-$19.5M

Previous: -$17.6M-10.7%
Operating Income

-$17.3M

Previous: -$4.73M-265.7%
Gross Profit

$23.9M

Previous: $34.9M-31.5%

Revenue & EPS history

Jumia · Revenue · Quarterly

$45.7M

Q4 2024-23.1%vs Q4 2023
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 anticipates continued growth and improved operational efficiency in 2025, with physical goods Orders projected to increase by 15% to 20% year-over-year, and GMV expected to grow between 10% and 15% year-over-year, excluding foreign exchange impacts. The company forecasts a reduced Loss before Income Tax for the full year 2025.

Tailwinds

  • Anticipates physical goods Orders to grow between 15% and 20% year-over-year in 2025.
  • GMV is projected to be between $795 million and $830 million in 2025, a year-over-year increase of 10% and 15%, respectively, excluding foreign exchange impacts.
  • Forecasts Loss before Income Tax to be in the range of negative $65 million to negative $70 million, a year-over-year decrease of 33% and 28%, respectively.
  • Committed to driving healthy growth and enhancing operational efficiency.
  • Observing favorable trends in the first quarter of 2025.

Headwinds

  • Forward-looking statements are subject to change and involve inherent risks partially or fully beyond control.
  • Risks include political and economic conditions across countries of operation.
  • Broader economic impact of ongoing regional conflicts.
  • Global supply chain issues.
  • Actual results could differ materially and adversely from anticipated or implied forward-looking statements.

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 Q4 2024

Historical avgQ4 2024

-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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