IZEA(IZEA)

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IZEA Report Finds 55% of Social Media Users Have Made Influencer-Driven Purchases on Amazon
Newsfilter· 2024-04-18 14:00
ORLANDO, Fla., April 18, 2024 (GLOBE NEWSWIRE) -- IZEA Worldwide, Inc. (NASDAQ:IZEA), the premier provider of technology, data, and services for the Creator Economy, released the United States edition of its research report, "Influencers & Amazon 2024" today. The report is based on U.S. consumer sentiment and examines the effectiveness of influencer marketing on purchasing behavior and its impact on products sold on Amazon. The survey found that 59% of social media users surveyed have purchased a product af ...
IZEA Wins Top Place to Work Award at Ragan's Workplace Wellness Awards
Newsfilter· 2024-04-15 15:00
ORLANDO, Fla., April 15, 2024 (GLOBE NEWSWIRE) -- IZEA Worldwide, Inc. (NASDAQ:IZEA), the premier provider of technology, data, and services for the Creator Economy, announced today that it has been named one of Ragan's Top Places to Work for Employee Wellbeing: Small and Mid-Size Organization. CEO Ted Murphy was also named a winner in the Best CEOs/Presidents category at Ragan's Workplace Wellness Awards. IZEA also received an honorable mention in the Employee Experience Initiatives/Programs category. This ...
IZEA WORLDWIDE (IZEA) Enhances Influencer Marketing Portfolio
Zacks Investment Research· 2024-04-10 15:41
IZEA WORLDWIDE (IZEA) shares are up 11.4% year to date compared with the Zacks Computer & Technology sector's rise of 15.9%. The uptick can be attributed to IZEA’s expanding footprint in the influencer marketing industry.In the fourth quarter of 2023, IZEA reported revenues of $8.9 million, up 1% year over year. The upside was driven by the introduction of FormAI, a suite of generative AI tools for creators and marketers which drove usage of izea.com and attracted new paid subscriptions.Building on its succ ...
IZEA Unveils Quadra Generative Image Model in FormAI
Newsfilter· 2024-04-08 15:00
ORLANDO, Fla., April 08, 2024 (GLOBE NEWSWIRE) -- IZEA Worldwide, Inc. (NASDAQ:IZEA), the premier provider of technology, data, and services for the Creator Economy, today announced the launch of Quadra, the newest generative image model available in FormAI, its suite of artificial intelligence tools built specifically for influencer marketing. FormAI makes use of a variety of different AI technologies including Stable Diffusion and OpenAI generative models. The company provides users with free access to a ...
IZEA(IZEA) - 2023 Q4 - Earnings Call Transcript
2024-04-02 01:21
IZEA Worldwide, Inc. (NASDAQ:IZEA) Q4 2023 Earnings Conference Call April 1, 2024 5:00 PM ET Company Participants Ryan Schram - President and COO Peter Biere - CFO Ted Murphy - Founder, Chairman and CEO Conference Call Participants Jon Hickman - Ladenburg Thalmann Operator Greetings, and welcome, everyone, to the IZEA Worldwide, Inc. Fourth Quarter 2023 Earnings Call. [Operator Instructions]. As a reminder, this conference is being recorded. I would now like to turn the conference over to your host, Ryan Sc ...
IZEA(IZEA) - 2023 Q4 - Annual Report
2024-04-01 21:27
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________________ to _________________ Commission File No.: 001-37703 IZEA WORLDWIDE, INC. (Exact name of registrant as specified in its charter) | N ...
IZEA(IZEA) - 2023 Q4 - Annual Results
2024-04-01 20:12
IZEA Reports Q4 2023 Revenue of $8.9 million ORLANDO, Fla (April 1, 2024) - IZEA Worldwide, Inc. (NASDAQ: IZEA), a premier provider of influencer marketing technology, data, and services for the world's leading brands, reported its financial and operational results for the fourth quarter ended December 31, 2023. Q4 2023 Financial Summary Compared to Q4 2022 Q4 2023 Operational Highlights FY 2023 Financial Summary Compared to FY 2022 * Adjusted EBITDA is a non-GAAP financial measure. For the definition and r ...
IZEA(IZEA) - 2023 Q3 - Earnings Call Transcript
2023-11-14 23:53
Financial Data and Key Metrics - Total revenue for Q3 2023 was $7.9 million, a 27.1% decline from the prior year quarter [6] - Net cash loss (EBITDA) was negative $1.5 million, compared to negative $0.6 million in the prior year quarter [6] - Net loss for Q3 2023 was $2 million, or $0.13 per share, compared to a loss of $0.9 million, or $0.06 per share in the prior year quarter [6] - Managed Services bookings for Q3 2023 totaled $7.1 million, a 14.1% decline from the prior year quarter [7] - SaaS service revenues for Q3 2023 were $0.1 million, down 83.7% from the prior year quarter [13] Business Line Data and Key Metrics - Managed Services revenue from ongoing customers totaled $6.9 million in Q3 2023, a 3.9% decline from the prior year quarter [11] - Managed Services backlog as of September 30, 2023, was $12 million [12] - The delivery time between bookings and revenues improved to 7.5 months from approximately nine months in Q2 2023 [11] Market Data and Key Metrics - The company has expanded its sales footprint, establishing a presence in Korea and building upon market entries into China and the UK [37] - The company is observing a growing trend in M&A activity within the industry sector [38] Company Strategy and Industry Competition - The company is focusing on customer diversification to avoid overreliance on any single customer or sector [42] - The company is pursuing both organic growth and strategic acquisitions to enhance product offerings and enter new markets [40] - The company has introduced IZEA Flex, a next-generation lower-cost enterprise influencer software platform, to replace IZEAx [34] Management Commentary on Operating Environment and Future Outlook - The company expects to see gross margins increase over the coming quarters [30] - The company is confident that proactive measures will offset the current revenue shortfall and propel accelerated bookings growth in 2024 [35] - The company is committed to maintaining a strong balance sheet and structuring accretive M&A transactions [39] Other Important Information - The company has $62.7 million in cash and investments as of September 30, 2023 [23] - The company has no debt on its balance sheet [23] - The company has appointed a new Head of Growth and a dedicated M&A team member [37] Q&A Session Summary Question: Can you elaborate on the new opportunity pipeline and how it translates into bookings? - The new opportunity pipeline represents active proposals with associated dollars, which should theoretically translate into bookings [46][47] - The past two months were records for the gross amount of the pipeline, but it takes time to determine the close rate [48] Question: What is the percentage of bookings that get done in the quarter now that the unnamed big customer is out of the picture? - The time for a booking to turn into revenue is about 7.5 months [50] Question: Has the company brought on a business development person focused solely on M&A? - Yes, the company has a team member now solely focused on M&A activity [51]
IZEA(IZEA) - 2023 Q3 - Quarterly Report
2023-11-14 21:19
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period September 30, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________________ to _________________ Commission File No.: 001-37703 IZEA WORLDWIDE, INC. (Exact name of registrant as specified in its charter) ...
IZEA(IZEA) - 2023 Q2 - Earnings Call Transcript
2023-08-14 23:23
IZEA Worldwide, Inc. (NASDAQ:IZEA) Q2 2023 Earnings Conference Call August 14, 2023 5:00 PM ET Company Participants Ryan Schram - President and Chief Operating Officer Peter Biere - Chief Financial Officer Ted Murphy - Founder, Chairman and Chief Executive Officer Conference Call Participants Operator Greetings, and welcome to the IZEA Worldwide Second Quarter 2023 Earnings Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation ...