Jumia publishes transcript of first-quarter 2026 earnings call
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Jumia's Q1 2026 earnings call revealed a 32% year-over-year GMV increase and a 39% revenue rise to USD 50.6 million. The adjusted EBITDA loss narrowed to USD 10.7 million. Full-year guidance for GMV growth is reaffirmed at 27%-32%, with expected adjusted EBITDA losses of USD 25 million to USD 30 million. Management anticipates temporary disruptions from smartphone price inflation and plans to reduce at least 200 employees while leveraging AI for productivity improvements.
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