IZEA Worldwide Inc. Reports 15% Revenue Increase to $8M and Improves Net Income by $3.1M, Achieving $(0.01) EPS in Q1 2025

Reuters
05-14
IZEA Worldwide Inc. Reports 15% Revenue Increase to $8M and Improves Net Income by $3.1M, Achieving $(0.01) EPS in Q1 2025

IZEA Worldwide Inc., a leading influencer marketing company, reported its financial results for the first quarter ending March 31, 2025. The company achieved a total revenue of $8.0 million, marking a 15% increase from $7.0 million in the same quarter of the previous year. Revenue from core operations, excluding Hoozu, rose by 23%. Managed Services revenue saw an 18% increase to $7.9 million, compared to $6.7 million in Q1 2024, despite a decline in Managed Services bookings to $7.5 million from $9.3 million. The company reported a net loss of $0.1 million, a significant improvement from the net loss of $3.3 million in Q1 2024. Total costs and expenses decreased by 22% to $8.6 million, down from $11.0 million. Adjusted EBITDA for the quarter was $(0.1) million, compared to $(3.4) million a year earlier. IZEA also shared updates on its business operations, including the recruitment of Frank Carvalho as EVP Sales and Marketing to drive new customer growth and marketing innovation. The company launched a new homepage for IZEA.com, highlighting its service offerings and key industry verticals. New business was secured from companies such as Nestle, Acer, and Jeep, and new work was produced for clients including Clorox and Coursera. As of March 31, 2025, the company held cash, cash equivalents, and investments totaling $52.2 million, reflecting a year-to-date growth of $1.1 million. Additionally, under its stock repurchase program, IZEA bought back 180,486 shares during the first quarter, investing $0.4 million, with a total of 401,480 shares repurchased by May 8, 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. IZEA Worldwide Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001495231-25-000101), on May 13, 2025, and is solely responsible for the information contained therein.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10