$JMIA

Jumia Technologies AG

CIK:0001756708|SEC Filings

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Statement of comprehensive income [abstract]
Revenue	$ 188,930	$ 167,486	$ 186,402
Cost of revenue	(87,150)	(67,958)	(79,298)
Gross profit	101,780	99,528	107,104
Fulfillment expense	(45,464)	(41,920)	(43,884)
Sales and advertising expense	(19,386)	(17,288)	(21,458)
Technology and content expense	(37,026)	(37,515)	(41,528)
General and administrative expense	(66,118)	(69,926)	(74,425)
Other operating income	3,310	2,413	1,203
Other operating expense	(304)	(1,297)	(320)
Operating loss	(63,208)	(66,005)	(73,308)
Finance income	9,231	7,319	6,189
Finance costs	(6,149)	(38,873)	(31,481)
Loss before Income tax from continuing operations	(60,126)	(97,559)	(98,600)
Income tax expense	(1,414)	(1,546)	(661)
Loss for the period from continuing operations	(61,540)	(99,105)	(99,261)
Loss after Income tax for the period from discontinued operations	0	0	(4,917)
Loss for the period	(61,540)	(99,105)	(104,178)
Attributable to:
Equity holders of the Company	(61,551)	(99,086)	(104,155)
from continuing operations	(61,551)	(99,086)	(99,238)
from discontinued operations	0	0	(4,917)
Non-controlling interests	11	(19)	(23)
from continuing operations	11	(19)	(23)
Loss for the period	(61,540)	(99,105)	(104,178)
Other comprehensive loss that may be classified to profit or loss in subsequent periods
Exchange differences gain / (loss) on translation of foreign operations	(97,554)	219,671	218,516
Other comprehensive loss on net investment in foreign operations	92,486	(207,468)	(228,976)
Other comprehensive income / (loss) on financial assets at fair value through OCI	2,083	3,737	3,793
Other comprehensive loss	(2,985)	15,940	(6,667)
Total comprehensive loss for the period	(64,525)	(83,165)	(110,845)
Attributable to:
Equity holders of the Company	(64,492)	(83,170)	(110,803)
Non-controlling interests	(33)	5	(42)
Total comprehensive loss for the period	$ (64,525)	$ (83,165)	$ (110,845)
Earnings per share (EPS) attributable to Equity holders of the Company in USD:
Basic Loss for the period from continuing operations (in dollars per share)	$ (0.25)	$ (0.45)	$ (0.49)
Diluted Loss for the period from continuing operations (in dollars per share)	(0.25)	(0.45)	(0.49)
Basic Loss for the period from discontinued operations (in dollars per share)	0	0	(0.02)
Diluted Loss for the period from discontinued operations (in dollars per share)	0	0	(0.02)
Basic Loss for the period (in dollars per share)	(0.25)	(0.45)	(0.52)
Diluted Loss for the period (in dollars per share)	$ (0.25)	$ (0.45)	$ (0.52)

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Cash flows from operating activities
Loss before Income tax from continuing operations	$ (60,126)	$ (97,559)	$ (98,600)
Loss before Income tax from discontinued operations	0	0	(4,917)
Loss before Income tax	(60,126)	(97,559)	(103,517)
Depreciation and amortization of tangible and intangible assets	7,860	8,265	9,841
Impairment losses on loans, receivables and other assets	386	698	1,054
Impairment losses on obsolete inventories	575	197	215
Share-based compensation expense	4,743	6,541	5,276
Net loss from disposal of tangible and intangible assets	75	854	173
Change in provision for liabilities and other charges	(4,680)	(3,125)	(17,089)
Lease modification (income)/expense	(1)	(94)	95
Interest income	820	(569)	(2,353)
Discounting effect (income) / expense	(124)	(289)	(73)
Net foreign exchange (gain)/loss	(3,074)	13,359	10,942
Net loss on financial instruments at fair value through profit or loss	0	16,163	13,364
Net loss recognized on disposal of debt instruments held at fair value through OCI	2,577	3,427	3,908
Share-based compensation expense - settlement	(139)	(178)	(291)
(Increase)/Decrease in trade and other receivables, prepaid expenses and other tax receivables	9,778	3,242	8,159
Increase in inventories	(3,558)	834	(236)
Increase/(Decrease) in trade and other payables, deferred income and other tax payables	762	(5,594)	699
Income taxes paid	(3,794)	(3,375)	(3,143)
Net cash flows used in operating activities	(47,920)	(57,203)	(72,976)
Cash flows from investing activities
Purchase of property and equipment	(4,665)	(3,678)	(2,253)
Proceeds from sale of property and equipment	58	332	112
Interest received	2,160	1,934	4,826
Movement in other non-current assets	278	(269)	471
Movement in term deposits and other financial assets	77,805	(8,721)	59,377
Net cash flows (used in) / from investing activities	75,636	(10,402)	62,533
Cash flows from financing activities
Interest settled - financing	0	0	(1,083)
Payment of lease interest	(2,566)	(1,025)	(1,105)
Repayment of lease liabilities	(3,758)	(4,098)	(5,185)
Equity transaction costs	(113)	(5,055)	(40)
Capital Contributions	0	99,642	0
Net cash flows (used in) / from financing activities	(6,437)	89,464	(7,413)
Net decrease in cash and cash equivalents	21,279	21,859	(17,856)
Effect of exchange rate changes on cash and cash equivalents	31	(1,982)	(18,241)
Cash and cash equivalents at the beginning of the period	55,360	35,483	71,579
Cash and cash equivalents at the end of the period	$ 76,670	$ 55,360	$ 35,483

CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Non-current assets
Property and equipment	$ 19,163	$ 17,196
Deferred tax assets	326	323
Other taxes receivable	0	3,814
Other non-current assets	1,278	1,408
Total Non-current assets	20,767	22,741
Current assets
Inventories	10,098	6,432
Trade and other receivables	13,888	15,783
Income tax receivables	3,153	3,041
Other taxes receivable	3,746	4,227
Prepaid expenses	4,067	5,903
Term deposits and other financial assets	1,162	78,585
Cash and cash equivalents	76,670	55,360
Total Current assets	112,784	169,331
Total Assets	133,551	192,072
Equity
Share capital	286,156	283,093
Share premium	1,792,181	1,792,181
Other reserves	178,520	180,442
Accumulated losses	(2,230,584)	(2,168,924)
Equity attributable to the equity holders of the Company	26,273	86,792
Non-controlling interests	(539)	(506)
Total Equity	25,734	86,286
Non-current liabilities
Non-current borrowings	7,929	7,260
Trade and other payables	6	6
Deferred tax liabilities	126	540
Other taxes payable	0	1,626
Provisions for liabilities and other charges	721	638
Total Non-current liabilities	8,782	10,070
Current liabilities
Current borrowings	3,793	3,938
Trade and other payables	57,954	44,301
Income tax payables	12,456	13,510
Other taxes payable	11,478	13,994
Provisions for liabilities and other charges	8,522	12,893
Deferred income	4,832	7,080
Total Current liabilities	99,035	95,716
Total Liabilities	107,817	105,786
Total Equity and Liabilities	$ 133,551	$ 192,072