Headquartered in Berlin, Germany, Jumia Technologies AG (JMIA) operates an e-commerce platform in West Africa, North Africa, East and South Africa, Europe, the United Arab Emirates, and internationally. Further, Jumia reported a liquidity position of $101 million, compared to a decline of $22 million in the first quarter of 2023. Furthermore, its total assets amounted to $159.03 million, compared to $189.94 million as of March 31, 2024. Elevated ValuationIn terms of forward EV/Sales, JMIA is currently trading at 5.70x, 367.3% higher than the industry average of 1.22x. Get all JMIA ratings here.

Source: The North Africa Journal July 19, 2024 15:31 UTC