Jumia Technologies AG (NYSE: JMIA) has announced its financial results for the second quarter ended June 30, 2025. The company reported a revenue of $45.6 million, marking a 25% increase from $36.5 million in the same quarter of the previous year. Marketplace revenue, which includes third-party sales, marketing and advertising, and value-added services, was $21.6 million, representing an 8% year-over-year increase. First-party sales revenue also saw significant growth, reaching $23.6 million, up 47% year-over-year. The gross merchandise volume $(GMV.AU)$ for the quarter was $180.2 million, up 6% from $170.1 million in the second quarter of 2024. Excluding South Africa and Tunisia, the physical goods GMV grew by 10%. The company reported an operating loss of $16.5 million, an improvement from the $20.2 million loss in the same period last year. Jumia has raised its full-year 2025 guidance, expecting physical goods orders to grow between 25% and 30% year-over-year and GMV to increase between 15% and 20% year-over-year. The company forecasts a loss before income tax in the range of negative $45 million to negative $50 million for the year, an improvement from the previous projection of negative $50 million to negative $55 million. Looking ahead to 2026, Jumia aims to reduce its loss before income tax to between negative $25 million and negative $30 million.