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Stock impact report

IZEA Reports Q4 2023 Revenue of $8.9 million [Financial Post (Toronto, Ontario, Canada)]

IZEA Worldwide, Inc. (IZEA) 
NASDAQ:AMEX Investor Relations: izea.com/investors
Company Research Source: Financial Post
ORLANDO, Fla., April 01, 2024 (GLOBE NEWSWIRE) — 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 Article content Total revenue increased 1.0% to $8.9 million, compared to $8.8 million Total costs and expenses increased 8.5% to $11.1 million, compared to $10.2 million Net loss was $1.5 million, compared to a net loss of $0.9 million Adjusted EBITDA* for the quarter was a loss of $1.1 million, compared to a loss of $0.3 million Cash, cash equivalents and investments as of December 31, 2023 totaled $64.2 million with no long-term debt Article content Q4 2023 Operational Highlights IZEA named “Best Influencer Marketing Company” in 2023 MarTech Breakthrough Awards Program Expanded sales presence into the South Korea market Launched Show less Read more
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