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IZEA Announces Q3 2025 Earnings Results Conference Call
Globenewswire· 2025-11-03 19:00
Core Insights - IZEA Worldwide, Inc. will hold a conference call to discuss its Q3 2025 financial results on November 12, 2025, at 5:00 p.m. EST [1] - The call will be hosted by CEO Patrick Venetucci and CFO Peter Biere, followed by a Q&A session [1] Company Overview - IZEA is an influencer marketing company focused on creating solutions for the Creator Economy [3] - Since its inception in 2006, IZEA has facilitated nearly 4 million collaborations between brands and creators [3]
IZEA Reports Q2 2025 Revenue of $9.1 Million
GlobeNewswire News Room· 2025-08-12 20:01
Core Insights - IZEA Worldwide, Inc. reported a net income of $1.2 million, achieving $0.07 per share, marking its first profitable quarter in history [1][7] - The company experienced an 11% growth in ongoing operations, with total revenue reaching $9.1 million, a 0.4% increase year-over-year [4][6] - Management emphasized a strategic shift towards larger, more profitable accounts, resulting in a strong pipeline for future growth [3] Financial Performance - Total revenue for Q2 2025 was $9.1 million, a 0.4% increase compared to Q2 2024; excluding the divested Hoozu revenue, revenue grew by 11% [4][6] - Cost of revenue decreased to $4.4 million, representing 48% of revenue, down from 57% in the prior year [4] - Total costs and expenses decreased by 30% to $8.4 million compared to $12.0 million in Q2 2024 [6] Operational Highlights - Adjusted EBITDA for Q2 2025 was $1.3 million, compared to a loss of $2.2 million in the same period last year [7][25] - Cash and equivalents as of June 30, 2025, totaled $50.6 million, with no outstanding long-term debt [8] - The company won new business from notable clients including T. Marzetti, Kellogg's, and Nestlé, and produced new work for major projects [6] Cost Management - Costs and expenses, excluding the cost of revenue, totaled $4.0 million, a 41% decrease from the prior year [5] - Sales and marketing costs were significantly reduced by 70% to $1.0 million, attributed to workforce reductions and a pause in advertising spending [5] - General and administrative costs decreased by 14% to $2.9 million, mainly due to reduced employee-related expenses [5] Share Repurchase Program - The company announced a commitment to repurchase up to $10 million of its stock, having purchased 121,788 shares at an average price of $2.29 during Q2 2025 [9]
IZEA Announces Q2 2025 Earnings Results Conference Call
Globenewswire· 2025-08-05 14:00
Company Overview - IZEA Worldwide, Inc. is a leading influencer marketing company focused on creating solutions for the Creator Economy [3] - The company has facilitated nearly 4 million collaborations between brands and creators since launching its first influencer marketing platform in 2006 [3] Upcoming Conference Call - The conference call to discuss IZEA's second quarter 2025 financial results is scheduled for August 12, 2025, at 5:00 p.m. Eastern Daylight Time [1][2] - The call will be hosted by CEO Patrick Venetucci and CFO Peter Biere, followed by a question and answer session [1] Access Information - Participants can join the call via a toll-free number (1-877-407-4018) or an international dial-in number (1-201-689-8471) [2] - A replay of the call will be available approximately 3 hours after the conference ends until August 19, 2025, at 11:59 p.m. EDT [2] Contact Information - Press inquiries can be directed to Matt Gray at IZEA Worldwide, Inc. via phone (407-674-6911) or email (ir@izea.com) [4]
IZEA Announces Final Results of its Modified Dutch Auction Tender Offer
Globenewswire· 2025-06-18 13:00
Core Points - IZEA Worldwide, Inc. announced the preliminary results of its modified "Dutch auction" tender offer to repurchase up to 8,700,000 shares at a price of $2.80 per share, which expired on June 16, 2025 [1] - A total of 38,682 shares were properly tendered and accepted for purchase, representing approximately 0.23% of the company's outstanding shares, at an aggregated cost of about $108,310 [2] - Following the tender offer, approximately $8.6 million will remain outstanding under the company's stock repurchase obligations [3] Company Overview - IZEA is an influencer marketing company focused on creating solutions for the Creator Economy, having facilitated nearly 4 million collaborations between brands and creators since its inception in 2006 [5]
IZEA Announces Preliminary Results of its Modified Dutch Auction Tender Offer
Globenewswire· 2025-06-17 13:00
Core Points - IZEA Worldwide, Inc. announced a modified "Dutch auction" tender offer to repurchase up to $8,700,000 of its common stock at a price of $2.80 per share, which expired on June 16, 2025 [1] - A total of 36,682 shares were properly tendered in the tender offer, representing approximately 0.23% of the company's outstanding shares as of the expiration date [2] - The total cost for the shares expected to be acquired in the tender offer is approximately $108,310, excluding fees and expenses [2] - The final number of shares to be purchased is subject to confirmation by the Depositary and will be announced after the expiration of the guaranteed delivery period [3] Company Overview - IZEA is an influencer marketing company focused on creating solutions for the Creator Economy, having facilitated nearly 4 million collaborations between brands and creators since its inception in 2006 [5]
IZEA Announces Intention to Commence a Modified Dutch Auction Tender Offer to Repurchase up to $8.7M of its Common Stock
GlobeNewswire News Room· 2025-05-13 20:02
Core Viewpoint - IZEA Worldwide, Inc. plans to initiate a modified "Dutch auction" tender offer to repurchase up to $8,700,000 of its common stock [1][2]. Group 1: Tender Offer Details - The tender offer will purchase shares at a price between $2.30 and $2.80 per share, with the maximum price being approximately 120% of the 90-day volume-weighted average purchase price of $2.29 per share as of May 12, 2025 [2]. - The offer will commence on May 16, 2025, and will expire at 5:00 p.m. Eastern Time on June 16, 2025, unless extended or terminated [2]. - Stockholders can tender some or all of their shares at a price within the specified range, and all accepted shares will be purchased at the same price, determined by the lowest single per-share price that allows the company to purchase up to the maximum dollar amount [3]. Group 2: Company Overview - IZEA Worldwide, Inc. is an influencer marketing company focused on creating solutions for the Creator Economy, having facilitated nearly 4 million collaborations between brands and creators since its inception in 2006 [6].
IZEA Reports Q1 2025 Revenue from Core Operations of $8.0 million, up 23%
GlobeNewswire News Room· 2025-05-13 20:01
Core Insights - IZEA Worldwide, Inc. reported a strong performance in Q1 2025, with a 15% increase in total revenue to $8.0 million compared to $7.0 million in Q1 2024, indicating effective implementation of its new strategies [5][8] - The company nearly broke even with a net loss of $0.1 million, a significant improvement from a net loss of $3.3 million in the same quarter last year [9][22] - Adjusted EBITDA improved to $(0.1) million from $(3.4) million year-over-year, showcasing progress towards profitability [9][26] Financial Performance - Total revenue increased by 15% to $8.0 million in Q1 2025, driven by a 28% rise in revenue from Managed Services customers, which reached $7.9 million [5][8] - Revenue from SaaS Services saw a significant decline of 76% to $60,953 due to paused marketing efforts during the business transformation [5][8] - Total costs and expenses decreased by 22% to $8.6 million, down from $11.0 million in the prior-year quarter, reflecting cost-cutting measures [8][22] Operational Highlights - The company generated cash in Q1 2025, with cash, cash equivalents, and investments totaling $52.2 million, an increase of $1.1 million year-to-date [10][22] - Managed Services bookings totaled $7.5 million, compared to $9.3 million in the previous year, indicating a focus on core operations [8] - The company successfully recruited Frank Carvalho as EVP Sales and Marketing to enhance customer growth and marketing innovation [8] Strategic Initiatives - IZEA launched a new homepage for IZEA.com, emphasizing its service offerings and key industry verticals [8] - The company secured new business from notable clients such as Nestle, Acer, and Jeep, further solidifying its market position [8] - A stock repurchase program was initiated, with 180,486 shares purchased at an average price of $2.44, totaling an investment of $0.4 million in Q1 2025 [11]