Jumia Technologies Reports Full Year 2022 Earnings
Jumia Technologies (NYSE:JMIA) Full Year 2022 Results
Key Financial Results
- Revenue: US$221.9m (up 25% from FY 2021).
- Net loss: US$237.8m (loss widened by 4.8% from FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Jumia Technologies Earnings Insights
Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Online Retail industry in the US.
Performance of the American Online Retail industry.
The company's shares are down 3.2% from a week ago.
Risk Analysis
It is worth noting though that we have found 3 warning signs for Jumia Technologies (1 can't be ignored!) that you need to take into consideration.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NYSE:JMIA
Jumia Technologies
Operates an e-commerce platform in West Africa, North Africa, East Africa, Europe, the United Arab Emirates, and internationally.
Flawless balance sheet low.
