Jumia Technologies AG

JMIA

Specialty Retail · Consumer Cyclical

Price

$6.50

-0.01 (-0.15%)

Market Cap

$402.5M

Exchange

New York Stock Exchange

Winston Score

Winston is worried

Weak fundamentals across most pillars.

Share count falling — buybacks

−36.8% over 4y

The company has reduced its share count over this period, returning value to shareholders through buybacks.

Diluted shares outstanding: 96.9M (2021) → 61.2M (2025)

Jumia Technologies is an online shopping platform built for Africa. It lets people buy products like electronics, clothing, and household goods through a website and mobile app — similar to how Amazon works in the United States. The company also runs JumiaPay, a digital payments service, and offers food delivery in select markets.

Jumia makes money by charging sellers fees to list and sell products on its platform, and by taking a cut of each transaction. It operates across roughly a dozen African countries, including Nigeria, Egypt, Kenya, and Ivory Coast, making it one of the largest e-commerce platforms on the continent. The company has struggled to reach profitability, and its deeply negative operating and return-on-capital figures show it still burns more cash than it earns. The key question for Jumia is whether growing smartphone adoption and digital payments across Africa can eventually drive enough transaction volume to cover its costs and turn the business profitable.

Winston Score History

Growth Profile

For growth stock investors

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+39.4% YoY

YoY Growth Rate

Revenue accelerating

EPS Growth

+0.0% YoY

YoY Growth Rate

Slow EPS growth

R&D Spend

$37M/ year

→ Flat (-1% vs prior year)

19.6% of revenue

4.9x the sector average (4%)

Steady R&D investment year-over-year

Insider Activity

0.4%ownership

Relatively low insider ownership

Cash Runway

~14 months

$63M cash & investments

Quarterly Free Cash Flow

↑ Burn rate improving

Adequate runway but may need to raise capital within 2 years

Revenue accelerating

Jumia Technologies AG grew revenue 39% year-over-year and the growth rate is speeding up. That's the kind of momentum growth investors look for — the question is whether margins can follow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Gross Margin

58.1%

Premium pricing power — 58.1% gross margin

Operating Margin

-27.4%

Losing money on operations — -27.4%

ROCE

-61.0%

Weak — -61.0% return on capital

Negative ROIC means the business is losing money on every dollar invested in it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales YoY

+31.2%

Fast-growing sales (31.2% YoY)

EPS YoY

N/A

—

Data not available

EPS Consistency

0/8 quarters

Earnings rarely grow — volatile business

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Cash Conversion

N/A

—

Data not available

FCF Margin

-21.5%

Burning cash (-21.5%)

Free cash flow is negative. They are burning cash, not generating it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

Debt / Equity

0.74

Moderate — manageable debt (0.74)

Interest Cover

N/A

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

P/E Ratio (TTM)

N/M

—

Negative earnings — P/E not meaningful

P/E vs Forward

N/A

not available

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.

🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.

Start free trial