Jumia Technologies AG announced its financial results for the first quarter ended March 31, 2025, on May 8, 2025. Revenue for the quarter was $36.3 million, a 26% decrease year-over-year, or an 18% decrease in constant currency.
Despite revenue declines, orders for physical goods were up 21% year-over-year, marking its fastest growth rate in two years, and active customers ordering physical goods rose 15%. The adjusted EBITDA loss improved to $15.7 million, and net loss was $16.71 million, a significant improvement from $40.65 million a year ago.
Jumia raised its full-year 2025 guidance, now expecting physical goods orders to grow 20%-25% (up from 15%-20%) and GMV to be up 10%-15% to $795 million-$830 million. Crucially, the company reaffirmed its strategic goal to achieve breakeven on a loss before income tax basis in Q4 2026 and deliver full-year profitability in 2027.
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