Jumia Technologies expects physical goods orders to grow 15%-20% y/y

The company said, “Jumia remains committed to driving healthy growth, enhancing operational efficiency, and positioning the company for profitability. We are currently observing favorable trends in the first quarter, giving us confidence in establishing our full-year 2025 guidance as follows: We anticipate physical goods Orders to grow between 15% and 20% year-over-year. GMV is projected to be between $795 million and $830 million in 2025, a year-over-year increase of 10% and 15%, respectively, excluding foreign exchange impacts. We forecast Loss before Income Tax to be in the range of negative $65 million to negative $70 million, a year-over-year decrease of 33% and 28%, respectively.”