Shares of Jumia Technologies AG (JMIA) surged 5.78% in pre-market trading on Wednesday, following the release of the company's impressive third-quarter 2025 financial results. The e-commerce platform, often referred to as the "Amazon of Africa," reported substantial growth in key metrics and an improved financial outlook.
Jumia's Q3 2025 results showcased a robust 25% year-over-year increase in revenue, reaching $45.6 million. The company's Gross Merchandise Volume (GMV) also saw a significant boost, rising 21% to $197.2 million compared to the same period last year. Notably, excluding South Africa and Tunisia, Jumia's physical goods GMV grew by an even more impressive 26% year-over-year.
Investors were particularly encouraged by Jumia's progress towards profitability. The company reported a 13% reduction in operating loss, narrowing to $17.4 million from $20.1 million in Q3 2024. Furthermore, Jumia projects achieving breakeven in the fourth quarter of 2026 and full-year profitability in 2027, signaling a clear path to financial sustainability. The company's focus on efficient marketing channels and operational efficiency appears to be paying off, with a 362 basis point improvement in customer repurchase rates year-over-year.