Jumia Technologies sees FY26 GMV growth 27%-32% year-over-year

The company said, “Jumia remains committed to delivering profitable growth in 2026 by scaling usage, improving operational efficiency, and continuing to reduce cash burn. We are navigating an evolving international environment. While we expect some temporary disruption from memory chip and CPU price pressures and the ongoing conflict in the Middle East, our business fundamentals are strong, our Q1 2026 results demonstrate continued execution, and we have not changed our mid-term profitability targets or our belief in Jumia’s long-term opportunity for growth. Based on current business trends, we reaffirm our full-year 2026 guidance as follows: *GMV is projected to grow between 27% and 32% year-over-year, adjusted for perimeter effects. *We forecast Adjusted EBITDA loss to be between $25 million and $30 million. *We confirm our strategic goal to achieve breakeven on an Adjusted EBITDA basis and positive cash flow in the fourth quarter of 2026, and delivering full-year profitability and positive cash flow in 2027.”