Jumia Group has trimmed its operating loss to $16.5 million in the second quarter of 2025, marking an 18% year-over-year improvement as the e-commerce company continues its long road toward profitability.
According to the Q2 2025 financial results released on Thursday, the company’s revenue for the quarter stood at $45.6 million compared to $36.5 million in the second quarter of 2024.
This represents a 25% growth year-over-year, and up 22% in constant currency.
The Group’s active customer number also grew by 7% from 2 million in Q2 2024 to 2.2 million in the second quarter of 2025.
With the Q2 performance, Humia Group CEO, Francis Dufay, said the company is on track to breakeven in Q4 2026 and return to profitability in 2027.
“Our second quarter results demonstrate continued momentum in our core consumer business, with robust usage growth and strong engagement across markets.
“We believe year-over-year trends are reflecting the underlying strength of our platform. We also delivered a meaningful improvement in cash burn quarter-over-quarter, driven by growth and a positive impact from working capital.
“This reinforces our confidence in reaching our strategic goal to breakeven on a Loss before Income tax basis in the fourth quarter of 2026 and achieving full-year profitability in 2027,” he said.
Based on current trends, Dufay said the company is raising its full-year 2025 guidance and long-term profitability targets.
As part of moves to streamline its operations, Jumia in October last year announced plans to shut down its operations in South Africa and Tunisia by the end of 2024.
The strategic move was aimed at optimizing resources and focusing on markets with stronger growth potential across the continent, which include Nigeria and others.