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JUMIA TECH. SP.ADR/2 O.N. WKN: A2PGZM ISIN: US48138M1053 Kürzel: JMIA Forum: Aktien Thema: Hauptdiskussion
6,54 EUR
±0,00 %±0,00
1. Jun, 13:00:58 Uhr,
Lang & Schwarz
Kommentare 2.930
Faktor10000,
7. Mai 15:15 Uhr
0
Results highlights for the first quarter 2024
Revenue of $49 million, up 19% year-over-year, and up 57% in constant currency.
GMV of $181 million, up 5% year-over-year, and up 39% in constant currency.
Operating loss of $8 million compared to $28 million in the first quarter of 2023, down 71% year-over-year, and down 79% in constant currency.
Adjusted EBITDA loss of $4 million as compared to a loss of $25 million in the first quarter of 2023, down 83% year-over-year, and down 94% in constant currency.
Loss before Income tax from continuing operations in the first quarter of 2024, was up 36% year-over-year and up 12% in constant currency largely driven by a $11 million increase in net foreign exchange losses, mostly without a cash impact, as a result of currency devaluations in Nigeria and Egypt and an increase in finance costs related to Jumia's treasury and investment portfolio management activities.
Liquidity position of $101 million, a decrease of $19 million in the first quarter of 2024 as compared to a decrease of $22 million in the first quarter of 2023.
Net cash flows from operating activities of $4 million as compared to net cash flows used in operating activities of $19 million in the first quarter of 2023.
Faktor10000,
7. Mai 15:21 Uhr
0
Jumia lowers operating losses 70% in Q1 2024 even as profit remains elusive
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