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Jumia Technologies AG beats on revenue

  • Jumia Technologies AG (NYSE:JMIA): Q4 Adjusted EBITDA loss of €28.3M.
  • Revenue of €41.8M (-15.2% Y/Y) beats by €0.4M.
  • GMV was €231.1M, a quarter-on-quarter acceleration of 23% supported by the Black Fridays event in November 2020. GMV was down 21% year-over-year, as the effects of the business mix rebalancing

This was corrected on 06/12/2022 at 2:09 PM. The original item stated incorrect revenue of €49.3M.

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