Jumia Technologies AG (JMIA) Q3 2023 Earnings Call Transcript -LSB

Jumia Technologies AG (NYSE:JMIA) Q3 2023 Earnings Conference Call November 15, 2023 8:30 AM ET

Company Participants

Francis Dufay – CEO

Antoine Maillet-Mezeray – EVP, Finance & Operations

Conference Call Participants


Good morning, ladies and gentlemen, and thank you for standing by. Welcome to Jumia’s Results Conference Call for the Third Quarter of 2023. At this time, all participants are in a listen-only mode. After management’s prepared remarks, there will be a question-and-answer session. With us today are Francis Dufay, CEO of Jumia; and Antoine Maillet-Mezeray, Executive Vice President, Finance and Operations.

We will start by covering the Safe Harbor. We would like to remind you that our discussions today will indicate forward-looking statements. Actual results may differ materially from those indicated in the forward-looking statements. Moreover, these forward-looking statements may speak only to our expectations as of today. We undertake no obligation to publicly update or revise these statements.

For a discussion of some of the risk factors that could cause actual results to differ from the forward-looking statements expressed today, please see the risk factors section of our annual report on Form 20-F as published on May 16, 2023, as well as our other submissions with the SEC.

In addition, on this call, we will refer to certain financial measures not reported in accordance with IFRS. You can find reconciliations of these non-IFRS financial measures to the corresponding IFRS financial measures in our earnings press release, which is available on our Investor Relations website.

With that, I’ll hand over to Francis.

Francis Dufay

Thank you. Welcome everyone, and thanks for joining us today. The third quarter was very important for Jumia, as we were able to achieve much of what we had planned when we changed both the strategy and the leadership of the company. We made clear then that the overriding

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