Jumia Technologies ADR

Jumia reports Q2 revenue rising to $52.0m, an improvement in adjusted EBITDA losses of 36% to $8.7m, and a rising gross margin of 14.2% of GMV. The company announced a $50m private placement, with the IFC significantly participating with $25m, and emphasized the capital raise is for strategic positioning rather than liquidity need. Due to global component shortages, Jumia widened its full‑year GMV growth guidance to 20–30%, but kept its target to reach adjusted EBITDA breakeven and positive cash flow by Q4 2026. Management cites cost discipline, higher take‑rates, network optimization and use of AI as levers for profitability; analysts remain predominantly positive. » More on de.investing.com

Jumia Technologies shares rose about 3.2% in premarket trading to $7.08, supported by positive Q1 results and strong market sentiment. Aletheia Capital upgraded its rating from Sell to Buy and confirmed a $7.50 price target, while Cantor Fitzgerald and a consensus of five analysts continue to give predominantly buy recommendations. The company reported revenue growth of 39% to $50.6 million and a significant reduction in the adjusted EBITDA loss; management reaffirmed its goal to reach EBITDA breakeven by Q4 2026. » More on de.investing.com

Jumia's share rose about 2.5% after five supervisory board members were elected at the annual general meeting, including Hassanein Hiridjee, Dr. Akinwumi Ayodeji Adesina and Benjamin T. Faw; Jonathan D. Klein remains chairman, Anne Ooga Eriksson deputy chair. The company reports operational progress: GMV 2025 at $818.6 million, Q1 2026 GMV +31% to $212.2 million and revenue +39% to $50.6 million. Jumia targets adjusted-EBITDA breakeven and positive cash flow for Q4 2026 and continuous profitability and positive cash flow for 2027. » More on de.investing.com