I am Buy-rated on Jumia Technologies (NYSE: JMIA ). Even after the recent high volatility downtrend following the release of the second quarter of 2024. The stock lost from USD 10.87 to the current USD 4.43, I maintain a bullish viewFirst Principles Partners is an equity research analyst specializing in technology, innovation, and sustainability investment. My unique approach, "First Principles," involves breaking down complex problems to their most basic elements in terms of financial and technology, enabl ...

文章核心观点 - 非洲电商巨头Jumia计划通过二级市场交易筹集超过1亿美元资金 [1][2] - Jumia CEO表示此次融资将进一步加强公司的资产负债表,并有助于加速公司的增长轨迹,推进盈利之路 [3] - Jumia目前的现金头寸为9280万美元,较去年同期有所下降 [4] - Jumia的活跃季度客户数为200万,同比持平,CEO表示客户群体仍然较小,有很大的增长空间 [5] - 2020-2021年Jumia通过二级市场交易筹集了近6亿美元资金 [6] 公司相关 - Jumia计划通过二级市场交易筹集超过1亿美元资金 [1][2] - Jumia目前的现金头寸为9280万美元,较去年同期有所下降 [4] - Jumia的活跃季度客户数为200万,同比持平,CEO表示客户群体仍然较小,有很大的增长空间 [5] - 2020-2021年Jumia通过二级市场交易筹集了近6亿美元资金 [6] 行业相关 - Jumia CEO表示此次融资将进一步加强公司的资产负债表,并有助于加速公司的增长轨迹,推进盈利之路 [3] - Jumia的活跃季度客户数为200万,同比持平,CEO表示客户群体仍然较小,有很大的增长空间 [5]

African e-commerce company Jumia is selling 20 million American depositary shares over the next couple of weeks, TechCrunch has learned. The at-the-market transaction is to take advantage of strong results despite a volatile market. Given Jumia’s share price of around $5.70 when the stock market opened on Tuesday, the e-commerce company could potentially raise approximately $100 million through its new share offering. However, the final amount will depend on the share price, which has since dropped to $4.90 ...

Morsa Images Jumia Technologies Overview My initial bearish thesis about Jumia Technologies AG (NYSE:JMIA) did not age well as the stock rallied by almost 82% over the last 12 months even despite today's massive around 50% intraday plunge after weak earnings release. The massive rally in 2024 is explained by robust Q1 2024 earnings, but it appears that today's earnings release notably cooled investors' optimism. The Q2 performance was indeed weak with negative dynamics across most of the vital business ...

Jumia Technologies (NYSE:JMIA) stock is taking a beating on Tuesday after the African e-commerce company posted earnings results from its second quarter of 2024.That Jumia Technologies earnings report starts off badly with its revenue of $36.5 million. That’s below Wall Street’s estimate of $41.7 million for the quarter. This is down 17.2% year-over-year from $44 million.Jumia Technologies notes that this comes from its marketplace revenue dropping 10% from Q2 2023 to $20 million. It also saw First-Party sa ...

财务数据和关键指标变化 - 收入同比下降17.2%,但以当地货币计算同比增长35% [33] - 毛利润同比下降5.7%,但以当地货币计算同比增长34.5% [35] - 毛利率维持稳定在12.7% [35] - 履约费用同比下降12.2%,以当地货币计算同比增长17.7% [36] - 履约费用占GMV比重从5.9%下降至5.5% [37] - 销售和广告费用同比下降19.2%,占GMV比重从3.1%下降至2.6% [38] - 技术和内容费用同比下降18.5%,以当地货币计算同比下降14.4% [39] - 管理费用同比增长1.9%,以当地货币计算同比增长25.6% [40] - 调整后EBITDA亏损从上年同期的32.4百万美元下降至16.3百万美元 [41] - 税前亏损从上年同期的30.9百万美元下降至22.5百万美元 [41] 各条业务线数据和关键指标变化 - 市场营收同比下降10.1%,以当地货币计算同比增长27.2% [33] - 增值服务收入同比增长3.7% [34] - 履约服务收入同比增长14.1% [34] - 佣金收入同比增长62.9% [34] - 自营销售收入同比下降23.8%,以当地货币计算同比增长4% [35] 各个市场数据和关键指标变化 - 加纳GMV以当地货币计算同比增长116.4%,以美元计算同比增长72.1% [10] - 尼日利亚和埃及两大市场货币贬值影响了美元计算的GMV和收入 [8][9] - 埃及市场出现一些货币稳定迹象,官方和平行市场汇率差距有所缩小 [9] - 次级城市订单占比从上年同期48%提升至53% [29] - 科特迪瓦次级城市订单占比达65% [31] - 尼日利亚次级城市订单占比从上年同期37%提升至50% [31] - 肯尼亚次级城市订单占比从上年同期49%提升至54% [32] 公司战略和发展方向及行业竞争 - 公司战略聚焦于重新专注非洲电商市场、提高现金效率和构建针对非洲消费者的更强价值主张 [17] - 公司通过简化运营、优化物流网络、精细化营销投入等措施提高现金效率 [18][23][25] - 公司持续拓展次级城市市场,提升消费者价值主张,增强公司在当地社区的影响力 [29][30][31][32] - 公司加强与中国供应商的合作,扩大在深圳的采购团队 [27] - 公司与第三方BNPL服务商合作,为消费者提供更多支付选择 [27] 管理层对经营环境和未来前景的评论 - 公司在主要市场尼日利亚和埃及的货币贬值对收入和GMV产生一定影响,但公司在当地货币计算下仍实现增长 [8][9] - 公司相信当前的战略和执行计划是可持续的,未来有望进一步加速增长 [53][54][55][56][57] - 公司计划利用新增股权融资加快客户获取、供应商拓展、物流网络扩张和营销技术改善 [45] - 公司预计2024年订单和GMV将实现增长,现金消耗将进一步下降 [47] 其他重要信息 - 公司启动了ATM股权发行,计划用于支持战略执行 [45] - 公司第二季度现金及现金等价物为4.51亿美元,较上季度下降 [44] - 公司第二季度经营活动净现金流出8.4百万美元,营运资金变动为6.7百万美元流出 [44] 问答环节重要的提问和回答 问题1 **Fawne Jiang 提问** 询问公司GMV增长的可持续性,是否来自更多国家的增长还是现有增长国家的增长 [52] **Francis Dufay 回答** 公司将在所有市场推广相同的策略和行动,预计将产生类似的积极影响,因此GMV增长可持续 [53][54][55][56][57] 问题2 **Fawne Jiang 提问** 询问公司市场佣金率的变动趋势 [58] **Francis Dufay 和 Antoine Maillet-Mezeray 回答** 公司将保持市场佣金率相对稳定,以为供应商提供稳定的环境,同时也会关注企业客户销售带来的佣金机会 [59][60][61] 问题3 **Fawne Jiang 提问** 询问公司未来营销投入和客户增长的计划 [62] **Francis Dufay 回答** 公司将利用新增股权融资加大营销投入,以加快客户获取,预计未来客户群将有所扩大 [63][64][65]

业绩总结 - 公司在Q2 2024季度的营收为36.5亿美元，同比下降17%[13] - 公司在Q2 2024季度的调整后EBITDA为16.3亿美元，同比下降10%[18] - 公司在Q2 2024季度的净现金流为8.4亿美元[18] - 公司在Q2 2024季度的流动性位置为92.8亿美元，同比下降11%[18] - 公司在Q2 2024季度实现了减少78%的季度现金消耗[7] 用户数据 - 公司在Q2 2024季度的活跃客户数环比增长6%[8] 未来展望 - 公司在Q2 2024季度继续执行战略重点，加速使用关键绩效指标[6] - 公司在Q2 2024季度继续通过高效的营销支出吸引更多忠实和高价值的客户群体[8] - 公司在Q2 2024季度继续通过严格的成本管理推动调整后EBITDA和税前亏损的改善[9] 其他新策略和有价值的信息 - 公司在Q2 2024季度继续通过高效的营销支出吸引更多忠实和高价值的客户群体[8]

Jumia Technologies (JMIA) ended the recent trading session at $12.16, demonstrating a -0.57% swing from the preceding day's closing price. The stock fell short of the S&P 500, which registered a loss of 0.5% for the day. Elsewhere, the Dow saw an upswing of 0.5%, while the tech-heavy Nasdaq depreciated by 1.28%.The the stock of company has risen by 71.05% in the past month, leading the Retail-Wholesale sector's loss of 1.37% and the S&P 500's gain of 0.1%.The investment community will be closely monitoring ...

Jumia Technologies (JMIA) closed the latest trading day at $12.29, indicating a +0.41% change from the previous session's end. The stock exceeded the S&P 500, which registered a loss of 0.51% for the day. At the same time, the Dow added 0.2%, and the tech-heavy Nasdaq lost 0.93%.The company's stock has climbed by 68.13% in the past month, exceeding the Retail-Wholesale sector's loss of 2.37% and the S&P 500's loss of 0.26%.The upcoming earnings release of Jumia Technologies will be of great interest to inve ...

Jumia Technologies (JMIA) closed the most recent trading day at $13.20, moving +0.99% from the previous trading session. The stock outpaced the S&P 500's daily gain of 0.28%. Elsewhere, the Dow gained 0.53%, while the tech-heavy Nasdaq added 0.4%.Shares of the company witnessed a gain of 40.69% over the previous month, beating the performance of the Retail-Wholesale sector with its gain of 1.3% and the S&P 500's gain of 3.78%.Investors will be eagerly watching for the performance of Jumia Technologies in it ...