Jumia Reports Fourth Quarter and Full Year 2023 Results [Yahoo! Finance]
Jumia Technologies AG American Depositary Shares, each representing two Ordinary Shares (JMIA)
Company Research
Source: Yahoo! Finance
LAGOS, NIGERIA / ACCESSWIRE / February 15, 2024 /- Jumia Technologies AG (NYSE:JMIA) ("Jumia" or the "Company") announced today its financial results for the fourth quarter ended December 31, 2023. Results highlights for the fourth quarter 2023 Revenue of $59 million, down 2% year-over-year, and up 28% in constant currency. GMV of $233 million, down 8% year-over-year, and up 21% in constant currency. Operating loss of $4 million compared to $45 million in the fourth quarter of 2022, down90% year-over-year, and down 101% in constant currency. Adjusted EBITDA loss of $1 million compared to a loss of $44 million in the fourth quarter of 2022, down 99% year-over-year, and down 111% in constant currency. Loss before Income tax from continuing operations of $17 million compared to $45 million in the fourth quarter of 2022, down 62% year-over-year, and down 66% in constant currency. Liquidity position of $121 million marking a decrease of $27 million in the fourth quarter of 2
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JMIA
Sec Filings
- 3/28/24 - Form 20-F
- 3/28/24 - Form 6-K
- 2/15/24 - Form 6-K
- JMIA's page on the SEC website