IZEA Q4 revenue $11.0M (+24% YoY) but net loss widens to $4.6M on $2.7M charges

IZEA Worldwide, Inc.

Total revenue increased 23.7% to $11.0M vs $8.9M; Managed Services bookings up 52.8% to $11.7M.
Net loss was $4.6M including $2.7M one-time charges vs $1.5M loss; Adjusted EBITDA $(1.5)M vs $(1.1)M.
Full year revenue $35.9M vs $36.2M; net loss $18.9M including $8M one-time charges vs $7.4M loss.
Targeted workforce reductions expected to save $5.1M annually; divested Hoozu investment.
New business from Academy Sports, NHTSA, Navy Federal Credit Union; added Chief Talent Officer.

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