Ah, my people! Make we gist about Jumia wey dey shine small small this year. E no be joke o, Jumia wey everybody sabi as Africa biggest e-commerce platform don report say dem don reduce dem losses by 38 percent from last year. How far! E good to see the figures dey turn around.
According to dem financial report wey dem drop, Jumia collect revenue wey reach $188.9 million for 2025, no be small money! Even dem operating loss don narrow down to $63.2 million from $66 million wey dem get for 2024. Na serious improvement be this one o!
Jumia CEO, Francis Dufay, no dey carry mouth short as he talk say, “We close 2025 with clear momentum across the platform. We dey deliver strong gross merchandise volume and revenue growth, improving customer engagement, and continuous progress on our path to profitability.” E mean say dem get plan wey dey hot!
For the fourth quarter, Jumia carry revenue go up by 34 percent, make e land at $61.4 million. You fit imagine say the total value of goods wey dem sell on top dem platform jump reach 36 percent, positioning it to $279.5 million. Hmmm, e good to see growth like this!
Even dem operating loss for that same quarter don reduce to $10.6 million, plus dem adjusted earnings before interest and all the wahala still come down to $7.3 million. Normal na to dey see improvement both for their losses and earnings, wetin make dem dey feel excited!
As Jumia close 2025, dem get liquidity position wey dey sit at $77.8 million, small dem don fall from $82.5 million wey dem hold in 2024. No worry, their net cash flow wey dem use for operating activities don sharp drop to $1.7 million for Q4, compared to $26.5 million wey dem get the previous year. E show say dem dey find way to manage their resources better.
Wet we go chop from this story be say Jumia gross merchandise volume for this year don reach $818.6 million, and e don increase from $720.6 million last year. E mean say things dey happen for their markets as dem dey grow, revenue don grow 13 percent year-on-year, or 11 percent wey go constant currency. Na good news, I must yarn!
Francis Dufay don talk say for 2026, dem go focus on scaling usage, deepening customer engagement, and achieving breakeven for adjusted earnings before interest, taxes, depreciation, and amortization by Q4. Na serious plan be that, and dem dey expect say full-year profitability go land for 2027. We dey watch dem, no be lie!
Do you have a news tip for NNN? Please email us at editor @ nnn.ng
