“It’s never too late to retire early”

Jumia Technologies (JMIA)

Jumia Technologies (JMIA)


Jumia Technologies AG is an e-commerce platform operating in Africa, Portugal, Germany, and the UAE. The company’s platform includes a marketplace that connects buyers to sellers and also enables the shipment and delivery of packages. 

In the first quarter of 2021, Jumia Technologies AG had an EPS of $0.00, beating estimates by $0.45, while its revenue was $33.26 million, up 5.1% year over year but missing estimates by -$10.10 million. The company’s gross profit margin is 68.86%, and the stock has gained 394.12% in the past year.

In May, Jumia Technologies AG was reportedly still rising since the company’s reported losses in Q1 began to decrease, as operating losses fell by 23%, while adjusted EBITDA losses fell by 24%. Additionally, as of this June, the stock has gained about 4% after receiving attention on Reddit’s WallStreetBets Forum. 



Like Apple Inc., Amazon.com, Inc., Alphabet Inc., and Facebook, Inc., Jumia Technologies AG is a good stock to invest in.

Top headlines you shouldn’t miss

These e-commerce stocks have potential returns. Should you consider them

Five e-commerce stocks that are set to beat Q2 earnings estimates

These cyclical stocks should be on your watchlist this week

Cramer’s list of cheap stocks to buy in a market trading at high records

These material stocks are ready to supply the infrastructure boom

Buy these stocks to bank on our most precious resource

Gordon Fox is the editor of investinglate.com and writes about Investments, Savings, and how to make the most of your money