Overview

• Nigeria e-commerce firm's Q4 revenue grew 34% yr/yr

• Q4 adjusted EBITDA loss narrows significantly, reflecting improved operational performance

• Company to cease operations in Algeria, impacting 2% of GMV

Outlook

• Jumia projects 2026 GMV growth between 27% and 32% year-over-year

• Company aims for Adjusted EBITDA breakeven and positive cash flow in Q4 2026

• Jumia forecasts Adjusted EBITDA loss between $25 mln and $30 mln for 2026

Result Drivers

• GMV GROWTH - Jumia's Q4 GMV increased 36% yr/yr, driven by strong supply and effective execution, despite lower corporate sales in Egypt

• NIGERIA PERFORMANCE - Nigeria delivered standout performance with orders up 33% and GMV up 50% yr/yr

• INTERNATIONAL SELLERS - Gross items sold from international sellers grew 82% yr/yr, supported by expanded direct sourcing capabilities

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and 1 "sell" or "strong sell"

• The average consensus recommendation for the online services peer group is "buy"

• Wall Street's median 12-month price target for Jumia Technologies AG is $15.00, about 22.2% above its February 9 closing price of $12.27

Press Release: ID:nACSRt8nda

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)