Sector: Technology | Industry: Internet Services |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 1317 Edgewater Dr #1880 ORLANDO FL 32804 |
Tel: | N/A |
Website: | https://izea.com |
IR: | See website |
Key People | ||
Edward H. Murphy Chairman of the Board, Chief Executive Officer, Founder | Ryan S. Schram President, Chief Operating Officer, Director | Peter J. Biere Chief Financial Officer, Treasurer |
Business Overview |
IZEA Worldwide, Inc. is a marketing technology company providing software and professional services that enable brands to collaborate and transact with the full spectrum of social influencers and content creators. The Company partners with marketers to facilitate influencer marketing campaigns. It assists brands in generating more custom generated content (CGC) through dedicated programs aimed at boosting online visibility and driving sales. It collaborates with marketers to supplement or replace their content development initiatives on their Website, social media, and other channels. Its primary software platforms include IZEA Flex and IZEA.com. Each of these platforms is designed to facilitate specific aspects of collaborations between creators and brands. IZEA Flex is its flagship platform for enterprise influencer marketing. IZEA.com provides creators with tools to present their work to marketers (Listings). Zuberance by IZEA is an advocate marketing solutions provider. |
Financial Overview |
For the fiscal year ended 31 December 2023, IZEA Worldwide Inc revenues decreased 12% to $36.2M. Net loss increased 64% to $7.3M. Revenues reflect Managed Services segment decrease of 9% to $35.7M, SaaS Services segment decrease of 71% to $474K. Higher net loss reflects General and administrative - Ba increase of 14% to $13.1M (expense), Advertising Expenses increase of 30% to $2.6M (expense). |
Employees: | 152 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | N/A |
Annual revenue (TTM): | $36.21M as of Dec 31, 2023 |
EBITDA (TTM): | -$9.17M as of Dec 31, 2023 |
Net annual income (TTM): | -$7.35M as of Dec 31, 2023 |
Free cash flow (TTM): | -$5.84M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 16,630,271 as of Mar 25, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |