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Jumia Technologies | 6-K: Report of foreign private issuer (related to financial reporting)

Jumia Technologies | 6-K: Report of foreign private issuer (related to financial reporting)

Jumia Technologies | 6-K：外国发行人报告（业绩相关）
美股SEC公告 ·  08/06 18:18

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Jumia Technologies reported Q2 2024 results showing continued acceleration in usage trends and improved cash efficiency. Orders increased 7% year-over-year to 4.8 million, while GMV declined 5% to $170.1 million due to currency devaluations. In constant currency, GMV grew 35% year-over-year.Revenue decreased 17% to $36.5 million, but grew 15% in constant currency. Operating loss improved 8% to $20.2 million. Adjusted EBITDA loss narrowed 10% to $16.3 million. The company reduced quarterly cash burn by 55% sequentially to $8.7 million through disciplined cost management.Jumia ended Q2 with $92.8 million in liquidity. The company reiterated its 2024 outlook for reduced cash utilization and growth in orders and GMV. Management believes Jumia's strategy is working as it progresses toward profitability while strengthening its value proposition for African consumers.
Jumia Technologies reported Q2 2024 results showing continued acceleration in usage trends and improved cash efficiency. Orders increased 7% year-over-year to 4.8 million, while GMV declined 5% to $170.1 million due to currency devaluations. In constant currency, GMV grew 35% year-over-year.Revenue decreased 17% to $36.5 million, but grew 15% in constant currency. Operating loss improved 8% to $20.2 million. Adjusted EBITDA loss narrowed 10% to $16.3 million. The company reduced quarterly cash burn by 55% sequentially to $8.7 million through disciplined cost management.Jumia ended Q2 with $92.8 million in liquidity. The company reiterated its 2024 outlook for reduced cash utilization and growth in orders and GMV. Management believes Jumia's strategy is working as it progresses toward profitability while strengthening its value proposition for African consumers.
Jumia Technologies公布了2024年第二季度的业绩，显示出使用趋势的持续加速和现金效率的改善。订单同比增长7%，达到480万，而由于货币贬值，GMV下降5%，至$17010万。以恒定货币计算，GMV同比增长35%。营业收入减少17%，至$3650万，但在恒定货币中增长15%。运营损失改善8%，降至$2020万。调整后的EBITDA损失缩小10%，降至$1630万。公司通过严格的成本管理将季度现金消耗减少了55%，降至$870万。Jumia在第二季度末持有$9280万的流动资金。公司重申其2024年对于减少现金使用和订单及GMV增长的展望。管理层相信，随着公司向盈利能力的推进及加强其对非洲消费者的价值主张，Jumia的策略正在发挥作用。
Jumia Technologies公布了2024年第二季度的业绩，显示出使用趋势的持续加速和现金效率的改善。订单同比增长7%，达到480万，而由于货币贬值，GMV下降5%，至$17010万。以恒定货币计算，GMV同比增长35%。营业收入减少17%，至$3650万，但在恒定货币中增长15%。运营损失改善8%，降至$2020万。调整后的EBITDA损失缩小10%，降至$1630万。公司通过严格的成本管理将季度现金消耗减少了55%，降至$870万。Jumia在第二季度末持有$9280万的流动资金。公司重申其2024年对于减少现金使用和订单及GMV增长的展望。管理层相信，随着公司向盈利能力的推进及加强其对非洲消费者的价值主张，Jumia的策略正在发挥作用。
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