BRIEF-Jumia Technologies AG Posts Q2 Revenue $52.0 Million

Aug 12 (Reuters) - Jumia Technologies AG 4JMAy.F:

• JUMIA TECHNOLOGIES AG OUTLOOK FY GMV PROJECTED TO GROW BETWEEN 20%-30% YOY ADJUSTED FOR PERIMETER EFFECTS

• JUMIA TECHNOLOGIES AG OUTLOOK Q3 GMV TO GROW BETWEEN 15%-25% YOY ADJUSTED FOR PERIMETER EFFECTS

• JUMIA TECHNOLOGIES AG: $50 MILLION CAPITAL RAISE ANCHORED BY INTERNATIONAL FINANCE CORPORATION, MEMBER OF WORLD BANK GROUP

• JUMIA TECHNOLOGIES AG OUTLOOK FY ADJUSTED EBITDA LOSS TO BE BETWEEN $25 MILLION AND $30 MILLION

• JUMIA TECHNOLOGIES AG: Q2 REVENUE $52.0 MILLION

• JUMIA TECHNOLOGIES AG: Q2 ADJUSTED EBITDA LOSS OF $8.7 MILLION

• JUMIA TECHNOLOGIES AG: Q2 GMV $216.3 MILLION

• JUMIA TECHNOLOGIES AG: CONTINUE TO SEE CO FIRMLY ON TRACK TOWARD TARGET OF ACHIEVING ADJUSTED EBITDA BREAKEVEN & POSITIVE CASH FLOW IN Q4

• JUMIA TECHNOLOGIES AG: IN Q2, MEMORY CHIP & CPU PRICE INCREASES DROVE SUPPLY DISRUPTION IN SMARTPHONES AFFECTING OUR PHONES CATEGORY ACROSS MARKETS

• JUMIA TECHNOLOGIES AG: Q2 FULFILLMENT COSTS NEGATIVELY IMPACTED BY MIDDLE EAST CONFLICT, FUEL SURCHARGES

• JUMIA TECHNOLOGIES AG: DO NOT EXPECT CHANGES TO SHORT- OR MID-TERM ADJUSTED EBITDA TARGETS

Further company coverage: [4JMAy.F]