Head hair 21:33, update share price prices.
On May 13 Zhou Yimei dish before, africa is the biggest electric business platform, have " Africa Alibaba " the Jumia Technologies that say was released 2019 money signs up for first quarter, quarterly battalion receives 31.8 million euro, not as good as the market anticipates.
After money newspaper is released, dish before share price by go up turn drop, open quotation drops greatly nearly 18% , force 20 dollars are rectified below share price digital. Do not cross US stock midday dish around share price " go against city " invert, close finally go up 8.57% , the newspaper receives 26.6 dollars, achieve since May 9 highest, dish hind turn drop 1.8% .
Data shows, company battalion closed to grow 12% compared to the same period first quarter, achieve 31.8 million euro, prep above last year the 28.3 million dollar of the corresponding period, but anticipate under the market of 34.7 million euro; GMV grows 58% , market income grows 102% ; Operation loss occupied the per cent of GMV to increase 3.56 percent; It is 39.5 million euro via adjusting the EBITDA after, grow 30% compared to the same period; The proportion that wool interest rate holds GMV comes from 5.6% litres when the four seasons spent last year 6.5% ; Active user is company quarter 4.3 million, grow 43% compared to the same period.
Those who deserve attention is, release money in the company last week before the newspaper, firm of research of citron of well-known short-seller orgnaization (Citron Research) director Andrew Left is released make empty report, show Jumia company puts in serious beguiling conduct continuously:
"In the report that issued 18 years in the past in citron, never had seen so apparent like Jumia deceit action (In 18 Years Of Publishing, citron Has Never Seen Such An Obvious Fraud As Jumia) . Citron Has Never Seen Such An Obvious Fraud As Jumia) ..
The report points out, jumia handed over American negotiable securities to trade in March this year committee (SEC) book of IPO raise capital by floating shares, the data in a when gave investor in October 2018 with its confidential report exists " the difference of materiality " .
The report says, the active consumer on platform was 2017 2.1 million, active businessman is 43000, but the S-1 file that gives SEC call active consumer platform however 2.7 million, active businessman is 53000, the number was exaggerated 20%-30% .
In the meantime, jumia was announced in the investor report last year October, there is 41% in all 2018 order by go back, not consign or cancel, but book of IPO raise capital by floating shares did not announce this to be occupied, point out only " the order form that takes GMV 14.4% by go back, not consign or cancel " .
Do empty report analysis to think, the order of 41% last year by go back, not consign or cancel, mean the order of nearly 30% to was cancelled 2018. And what Jumia basically sells is electronic product, if this cancels high to lead,should not have, because this suspects its,put in fraudulent action.
Suffer this message effect, jumia share price dived that day, close drop 19.30% ; On May 10 dish in, jumia is the biggest drop 32.6% , day is low touch 18.13 dollars, , relatively April 17 dish in highest 49.77 dollars steep fall even more 60% ; Closed that day drop 8.89% , the newspaper receives 24.5 dollars.
Public data shows, jumia by before Jeremy Hodara of employee of Mai Ken stannum and Sacha Poingnonnec founded 2012. Book of its raise capital by floating shares shows, jumia in Africa 6 areas develop an activity, covered 14 states, these countries occupy African whole GDP in all (2 trillion euro) 72% and consumptive expenses (1.4 trillion euro) 71% . Besides the electric business business of core, its still offer Jumia Food sending eat, hotel and airliner to book Jumia Flights, classification advertisement Jumia Deals, pay business Jumia Pay and electric business other people to shed the service such as Jumia Services.
Look from management data, jumia still is in high speed dilate at present in the center. 2018, show battalion to receive 131 million euro actually, grow 38.9% compared to the same period. GMV is 828 million euro, grew 63.3% compared to the same period.
