10:24 AM EST, 02/20/2025 (MT Newswires) -- Jumia Technologies ( JMIA ) shares fell by more than 24% in recent trading Thursday as the company reported a wider loss and lower revenue in Q4.

The company reported a Q4 loss of $17.3 million, compared with a loss of $4.5 million a year earlier.

Revenue for the quarter ended Dec. 31 was $45.7 million, down from $59.4 million a year earlier.

Analysts' estimates were not readily available for comparison.

Price: 2.93, Change: -0.95, Percent Change: -24.48