Jumia Technologies AG (NYSE:JMIA) Q1 2024 Earnings Call Transcript

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Francis Dufay: Thanks, Antoine. Based on our strong performance and operational improvements in recent quarters, we are reiterating our previously announced guidance for 2024, which aims to further reduce cash utilization compared to the full year 2023. We are also projecting an increase in both orders and GMV, excluding the impact of foreign exchange based on the positive impact of our growth strategy. As we move forward, we believe our strategy is strong and that we have the right team in place to drive towards profitability. Our results from the Q1 demonstrate that we are making progress on implementing our strategic plan and advancing on our path to profitability. We can now open the call for Q&A.

Operator: At this time, we will be conducting a question-and-answer session. [Operator Instructions] There are no questions in queue. This concludes today’s conference and you may disconnect your lines at this time. Thank you for your participation.

End of Q&A:

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