Jumia Technologies AG has released its financial results for the third quarter ended September 30, 2025, reporting strong growth in revenue and gross merchandise value GMV, alongside improvements in operational efficiency. The company recorded a revenue of 45.6 million, up 25 year-over-year from 36.4 million in Q3 2024, and GMV reached 197.2 million, a 21 increase compared to the same period last year. Excluding South Africa and Tunisia, physical goods GMV grew 26 year-over-year, reflecting Jumia's continued focus on its core markets.
The company's operating loss decreased to 17.4 million from 20.1 million in Q3 2024, while adjusted EBITDA loss improved to 14.0 million from 17.0 million, representing year-over-year declines of 13 and 17 respectively. Loss before income tax remained relatively stable at 17.7 million, marginally lower than the 17.8 million recorded in Q3 2024. Jumia's liquidity position stood at 82.5 million at the end of the quarter, slightly down from previous levels, while net cash used in operating activities improved to 12.4 million compared to 26.8 million in Q3 2024.
On the operational side, physical goods orders grew 30 year-over-year to 5.6 million, and quarterly active customers increased by 23, signaling strong engagement and loyalty. In Nigeria, orders rose 30 and GMV surged 43 year-over-year, highlighting the market's momentum. Cross-border sales also showed strength, with gross items sold from international sellers increasing 52 year-over-year. Jumia emphasized that its strategy of prioritizing physical goods over digital products via the JumiaPay app contributed to robust growth in core metrics despite a decline in JumiaPay app orders.
