earnings
confidence high
sentiment positive
materiality 0.75
IZEA reports record Q2 revenue of $12.6M, up 96% YoY; first positive Adjusted EBITDA
IZEA Worldwide, Inc.
- Total revenue hit $12.6M, up 96% from $6.4M in Q2 2021.
- Managed Services revenue surged 103% to $12.2M; SaaS & other revenue dipped 5.6%.
- Net loss narrowed to $0.2M vs. $2.1M a year ago; Adjusted EBITDA turned positive at $0.3M.
- Awarded first contract wins in China and facilitated a multi-million-dollar metaverse activation.
- Recognized by Comparably for career growth and leadership; named Top 100 Employer by Orlando Sentinel.