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Is $JMIA the Amazon of Africa?
KPIs from last quarter
→ Revenue: up 22% YoY
→ Operating margin: -37%
→ EBITDA margin: -31%
Over the last 9 months
→ Gross profit: down 11% YoY
→ Revenue: up 5% YoY
Balance sheet
→ Cash position: $85M
→ Headcount: down 7% YTD
→ Runway: ~20 months
Guidance
→ 2026: loss of $27.5M
→ 2027: first profitability
Operations
→ Jumia operates in Algeria, Egypt, Kenya, Uganda, Morocco, Ivory Coast, Ghana, Nigeria, and Senegal.