Jumia Technologies AG reported its financial results for the third quarter ended September 30, 2025. Revenue reached $45.6 million, representing a 25% increase compared to $36.4 million in the third quarter of 2024, and a 22% increase in constant currency. Gross merchandise volume (GMV) was $197.2 million, up 21% year-over-year from $162.9 million, and up 13% in constant currency. Excluding South Africa and Tunisia, physical goods GMV grew 26% year-over-year. The company reported an operating loss of $17.4 million, a reduction of 13% from the $20.1 million loss in the same period last year. Jumia highlighted a 362 basis point year-over-year improvement in repurchase rates, with 43% of new customers from the second quarter of 2025 making a second purchase within 90 days, compared to 40% in the prior year period. The company continues to focus on efficient marketing channels and operational efficiency. Jumia projects GMV growth between 15% and 17% year-over-year for the full year and forecasts a loss before income tax between negative $55 million and negative $50 million. For 2026, the company targets a loss before income tax in the range of negative $25-$30 million, with the goal of achieving breakeven in the fourth quarter of 2026 and full-year profitability in 2027.