Jumia Narrows Pre-Tax Loss to $17.7 Million as Strong Nigeria Performance Offsets Weak Revenue

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Jumia Technologies AG has reported a pre-tax loss of $17.7 million for the nine-month period ending September 30, 2025 — a marginal improvement from the $17.8 million loss recorded during the same period in 2024.

The slight recovery, however, was overshadowed by softer-than-expected revenue figures and continued profitability pressures. Jumia posted an earnings-per-share (EPS) loss of $0.150, missing analyst expectations of $0.130, signaling that cost management alone has not been enough to counter slower top-line growth.

According to the company’s latest financial disclosure, revenue for the quarter stood at $45.6 million, falling short of the market consensus of $50 million. The underperformance highlights ongoing challenges in boosting sales momentum and increasing monetization across its African markets.

Despite these hurdles, Jumia pointed to Nigeria as a key bright spot. The company said its Nigerian operations delivered some of the strongest improvements in:

  • Order volumes
  • Customer activity
  • Gross merchandise value (GMV)

Nigeria’s continued strength provided critical support to group performance at a time when other markets posted slower growth trajectories.

As Jumia faces heightened competition, shifting consumer spending patterns, and macroeconomic headwinds across the continent, the company’s management said it remains focused on strengthening operational efficiency and deepening engagement in its most promising markets—chief among them Nigeria.

 

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