Restated metrics for historical quarters
In December 2023, the Group closed its food delivery business in all markets which qualified as a discontinued
operation. Discontinued operations are presented in a single line in “Consolidated statement of comprehensive
income” which applies to all comparative periods presented. The following table provides the updated
operational and financial metrics for continuing operations for the last two years:
(UNAUDITED)
Restated metrics for historical quarters for operational and financial metrics for continuing operations
for the last two years
In thousands of USD, unless
otherwise stated
Q1 22 Q2 22 Q3 22 Q4 22 Q1 23 Q2 23 Q3 23 Q4 23 FY 22 FY 23
Quarterly Active Customers
(million) 2.6 2.8 2.6 2.8 2.0 2.0 2.0 2.3 n.a. n.a.
Orders (million) 6.6 7.4 6.6 6.9 4.5 4.5 5.7 6.6 27.5 21.3
GMV 225,064 242,930 212,099 252,442 173,217 179,151 164,130 233,310 932,535 749,808
TPV 63,773 67,206 59,420 65,772 41,142 49,428 42,420 59,256 256,171 192,246
JumiaPay Transactions
(million) 63.8 67.2 59.4 65.8 41.1 49.4 42.4 59.3 256.2 192.2
Revenue 44,638 53,307 44,803 60,553 41,250 44,032 41,715 59,406 203,301 186,403
Marketplace revenue 23,489 27,267 27,730 36,647 23,353 22,297 19,328 32,867 115,133 97,845
Commissions 7,533 8,763 10,092 13,491 9,742 9,158 8,457 19,308 39,879 46,665
Fulfillment 6,677 6,417 6,317 6,665 4,833 4,569 4,177 4,927 26,076 18,506
Marketing & Advertising 2,327 4,337 3,121 7,154 2,600 3,691 2,356 3,745 16,939 12,392
Value Added Services 6,952 7,750 8,200 9,337 6,178 4,879 4,338 4,887 32,239 20,282
First Party revenue 19,592 24,392 15,223 22,520 17,368 21,129 21,756 26,130 81,727 86,383
Other revenue 1,557 1,648 1,850 1,386 529 606 631 409 6,441 2,175
Cost of revenue (19,718) (26,039) (16,123) (23,249) (16,342) (21,141) (19,475) (22,341) (85,129) (79,299)
Gross profit 24,920 27,268 28,680 37,304 24,908 22,891 22,240 37,065 118,172 107,104
Fulfillment expense (18,731) (21,827) (17,659) (18,565) (11,817) (10,612) (9,756) (11,699) (76,782) (43,884)
Sales and Advertising
expense (15,866) (19,528) (14,694) (16,771) (5,339) (5,472) (4,411) (6,235) (66,859) (21,457)
Technology and Content
expense (12,352) (13,494) (12,850) (13,714) (11,183) (10,695) (9,730) (9,920) (52,410) (41,528)
General and Administrative
expense ("G&A") (37,501) (32,996) (21,663) (30,052) (25,161) (18,527) (16,795) (13,942) (122,212) (74,425)
of which Share Based
Compensation ("SBC") (8,440) (7,640) 5,498 2,345 (949) (1,302) (1,341) (1,683) (8,237) (5,275)
of which Depreciation and
amortization (2,587) (2,830) (3,105) (2,944) (2,828) (2,608) (2,232) (2,138) (11,466) (9,806)
Other operating income 608 410 274 795 210 368 128 496 2,087 1,202
Other operating expense (22) (5) (36) (25) (47) (18) (22) (233) (88) (320)
Termination benefits — — — (3,706) — — — — (3,706) —
Adjusted EBITDA (47,917) (49,702) (40,341) (44,135) (24,652) (18,155) (14,773) (647) (182,095) (58,227)
Operating loss (58,944) (60,172) (37,948) (44,734) (28,429) (22,065) (18,346) (4,468) (201,798) (73,308)
Finance income, net 3,687 2,954 3,684 4,928 3,117 2,895 1,770 (1,594) 15,253 6,188
Finance costs, net (6,634) (3,920) (4,292) (4,772) (3,929) (11,689) (4,802) (11,060) (19,618) (31,480)
Loss before Income tax from
continuing operations (61,891) (61,138) (38,556) (44,578) (29,241) (30,859) (21,378) (17,122) (206,163) (98,600)
Income tax expense (136) (268) (791) (5,783) (100) 169 (1,302) 356 (6,978) (877)
Loss for the period from
continuing operations
(62,027) (61,406) (39,347) (50,361) (29,341) (30,690) (22,680) (16,766) (213,141) (99,477)
Attributable to:
Equity holders of the
Company
(62,018) (61,411) (39,356) (50,319) (29,332) (30,676) (22,678) (16,770) (213,104) (99,456)
Non-controlling interests (9) 5 9 (42) (9) (14) (2) 4 (37) (21)