Pecohub Jumia Technologies AG has reported a pre-tax loss of $17.7 million for the nine-month period ended September 30, 2025, showing a slight improvement from the $17.8 million recorded in the third quarter of 2024.
However, the bottom-line improvement was tempered by weaker-than-expected revenue performance. Jumia reported an earnings-per-share (EPS) loss of $0.150, missing analyst expectations of $0.130, reflecting continuing pressure on profitability.
A financial statement by the pan-African e-commerce group shows revenue for the quarter came in at $45.6 million, below the market consensus of $50 million, underscoring ongoing challenges in driving stronger sales momentum across its markets.
The mixed performance comes as Africa’s largest e-commerce platform highlighted Nigeria as a major growth engine, with the country driving some of the fastest improvements in order volumes, customer activity and gross merchandise value (GMV) across the group.
Despite missing revenue expectations, Jumia delivered operational improvements across several segments. Adjusted EBITDA loss narrowed to $14 million, from $17 million a year earlier, reflecting tighter cost control. Gross profit rose modestly, though gross margin slipped to 12% from 14% due to a heavier tilt toward first-party sales.
First-party (1P) revenue surged 54% year-on-year to $23.8 million, reflecting Jumia’s strategic shift toward owning more inventory to boost delivery reliability and customer experience. Marketplace revenue grew by only 4% to $21.5 million, consistent with the company’s focus on stabilising its core platform rather than pursuing aggressive expansion.
CEO Francis Dufay described the quarter as part of a steady transition toward long-term commercial viability. “Jumia has reached an inflection point,” he said, emphasising efforts to “build a business model that works in the realities of African markets.”
