Jumia Technologies AG (JMIA) Tax Rate (2018 - 2024)
Jumia Technologies AG (JMIA) posted quarterly Tax Rate of 2.12% for Q2 2024, up 159.0% year-over-year from 0.82% in Q3 2023, and down 17.91% quarter-over-quarter from 2.58% in Q1 2024.
Jumia Technologies AG (JMIA) Tax Rate (2018 - 2024) Analysis & Trends
Jumia Technologies AG's Tax Rate history runs 7 years deep, the most recent figure standing at 2.12% for Q2 2024.
- In Q2 2024, Tax Rate rose 159.0% year-over-year to 2.12%; the TTM figure through Jun 2024 stood at 2.19% (down 217.0% YoY), while the FY2025 annual figure was 2.19%, down 61.0% from the prior year.
- Tax Rate for Q2 2024 stood at 2.12%, down from 2.58% in the prior quarter.
- The five-year high for Tax Rate was 11.68% in Q4 2022, with the low at 3.14% in Q4 2023.
- The 5-year median for Tax Rate is 0.35% (2023), against an average of 0.87%.
- The sharpest annual moves came in 2022 and 2023: Tax Rate soared 1125 bps in 2022, then tumbled 1482 bps in 2023.
- Jumia Technologies AG's Tax Rate stood at 2.71% in 2020, then jumped by 116 bps to 0.44% in 2021, then soared by 2570 bps to 11.68% in 2022, then slumped by 127 bps to 3.14% in 2023, then soared by 167 bps to 2.12% in 2024.
- Business Quant data shows JMIA's Tax Rate at 2.12% in Q2 2024, 2.58% in Q1 2024, and 3.14% in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,935.52 Bn | 2,812.53 Bn | 198.88 Bn | 23.03% |
| 2 | PDD Holdings | 507.27 Bn | 447.72 Bn | 9.83 Bn | -26.74% |
| 3 | Mercadolibre | 97.87 Bn | 82.68 Bn | 4.16 Bn | 23.10% |
| 4 | DoorDash | 93.00 Bn | 87.65 Bn | 2.35 Bn | 3.86% |
| 5 | JD.com | 87.41 Bn | 58.22 Bn | 7.66 Bn | -17.80% |
| 6 | Sea | 77.97 Bn | 69.45 Bn | 3.15 Bn | -32.68% |
| 7 | Ebay | 47.68 Bn | 44.38 Bn | 2.30 Bn | 16.99% |
| 8 | Coupang | 29.85 Bn | 23.74 Bn | 2.49 Bn | -6.94% |
| 9 | Zkh | 16.25 Bn | 16.25 Bn | 51.11 Mn | 5.40% |
| 10 | Jumia Technologies AG | 1.42 Bn | 1.36 Bn | 29.40 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 2.12% |
| Jun 30, 2024 | 2.12% |
| Jun 30, 2024 | 2.12% |
| Mar 31, 2024 | 2.58% |
| Mar 31, 2024 | 2.58% |
| Mar 31, 2024 | 2.58% |
| Dec 31, 2023 | -3.14% |
| Dec 31, 2023 | -3.14% |
| Dec 31, 2023 | -3.14% |
| Sep 30, 2023 | 6.04% |
| Sep 30, 2023 | 6.04% |
| Sep 30, 2023 | 6.04% |
| Jun 30, 2023 | 0.53% |
| Jun 30, 2023 | 0.53% |
| Jun 30, 2023 | 0.53% |
| Mar 31, 2023 | 0.32% |
| Mar 31, 2023 | 0.32% |
| Mar 31, 2023 | 0.32% |
| Dec 31, 2022 | 11.68% |
| Dec 31, 2022 | 11.68% |