NEW YORK, Feb 10, 2026, 07:35 ET — Premarket
- Jumia shares dropped roughly 4% out of the gate following its fourth-quarter earnings report.
- Revenue jumped 34% for the quarter, while operating cash outflows dropped significantly.
- Jumia expects GMV to climb 27% to 32% by 2026 and plans to pull out of Algeria in the first quarter.
Jumia Technologies AG dropped 3.75% ahead of the bell Tuesday, trading at $11.81. The Africa-focused e-commerce company had just posted its quarterly figures before U.S. markets opened. 1
This shift lands at a critical moment for Jumia, with its shares hovering in a spot where growth hopes jostle against funding fears. Traders are eyeing volumes, hunting for signs that rising sales can drag down losses—and burn less cash—quickly enough.
Jumia rolled out its debut set of 2026 targets, aiming for GMV to jump 27% to 32%, while guiding to an adjusted EBITDA loss in the $25 million to $30 million range. The company plans to leave Algeria sometime in the first quarter. Management flagged heavier early-year cash outflows, blaming seasonality and contract renewals. Executives are scheduled for an 8:30 a.m. ET conference call. 2
Revenue jumped 34% year-over-year to $61.4 million in the fourth quarter, with GMV up 36%, hitting $279.5 million, according to the company’s filing. Operating loss shrank to $10.6 million; adjusted EBITDA loss also improved, landing at $7.3 million. As of year-end, liquidity was $77.8 million. Net cash used in operating activities totaled $1.7 million for the quarter. “We closed 2025 with clear momentum,” said chief executive Francis Dufay, pointing to “meaningfully reduced cash burn.” 3
Jumia Technologies AG reported revenue of $61.4 million for the fourth quarter, missing the $63.8 million FactSet consensus, MT Newswires said. 4
GMV tallies up the value of goods changing hands over Jumia’s platform—think of it as the basic gauge for how much stuff is selling. “Constant currency” keeps currency swings out of the numbers. Adjusted EBITDA looks at profit before interest, taxes, depreciation and amortization, plus a few tweaks companies make to get at day-to-day operating performance.
The 2026 outlook from the company comes “adjusted for perimeter effects”—that is, tweaks connected to shifting its geographic reach as it exits certain markets. Jumia’s main operating numbers for physical goods now leave out South Africa and Tunisia, after the company pulled out of those countries in late 2024.
Still, the path forward isn’t wide open. Jumia’s outlook signals another year in the red. The company also pointed to steeper cash outflows in the first quarter, plus some one-off charges tied to its Algeria exit — things that could rattle sentiment if investors see them as a true reset instead of just seasonal noise.
Eyes are on the 8:30 a.m. ET call for fresh details: just how much further can cash burn drop, what price will the Algeria exit bring, and is that fourth-quarter 2026 breakeven still within reach as the regular session kicks off at 9:30 a.m. ET?
