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IZEA Worldwide, Inc. (IZEA)
3.5000 -0.05 (-1.41%)
Pre-Market: 4:50AM EDT
Chart Events
Performance Outlook
| Previous Close | 3.7400 |
| Open | 3.6700 |
| Bid | 0.0000 x 3000 |
| Ask | 0.0000 x 2200 |
| Day's Range | 3.5350 - 3.8200 |
| 52 Week Range | 0.1750 - 7.4500 |
| Volume | 2,622,603 |
| Avg. Volume | 4,478,304 |
| Market Cap | 209.909M |
| Beta (5Y Monthly) | 2.76 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.2480 |
| Earnings Date | May 12, 2021 - May 17, 2021 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 4.50 |
Fair Value
Related Research
- GlobeNewswire
IZEA Triples Fortune 10 Customer Relationship
Company Tops 30% YoY Growth in Managed Services Bookings for Q2 to DateOrlando, Florida, April 19, 2021 (GLOBE NEWSWIRE) -- IZEA Worldwide, Inc. (NASDAQ: IZEA), the premier provider of influencer marketing technology, data, and services for the world’s leading brands, announced today that it has been awarded a new contract from a Fortune 10 customer. The total amount awarded under this individual contract, which follows a smaller agreement signed only months ago, more than doubles the total amount of Managed Services bookings attributable to this customer in 2020. In total, the customer has tripled its budget with IZEA in the first four months of 2021 as compared to the entirety of 2020. Managed Services Tops 30% YoY Growth in Q2 To DateIZEA’s Managed Services bookings to date for Q2 2021 have already exceeded the total amount of Managed Services bookings for the entirety of the same quarter last year. Last week, IZEA announced it signed a multi-million-dollar influencer marketing agreement with a Fortune 500 manufacturer, that included both software and managed services. Since then, the company has executed a variety of other influencer marketing contracts, which have combined to further increase bookings growth. Managed Services bookings for Q2 2021 thus far have already grown more than 30% as compared to all of Q2 2020, and Q2 2020 managed services bookings grew 47% as compared to Q2 2019. Company Expects Full Q2 2021 Managed Services Bookings to Eclipse Q1 2021 RecordIZEA’s Managed Services set a record for the best Q4 managed services bookings ever in 2020, with 47% year over year growth. The company followed Q4 with another record for the best Q1 managed services bookings ever – delivering 130% year over year growth – announced at the beginning of April. IZEA Managed Services bookings between January 1st and April 16, 2021 already exceed managed services bookings in Q1, Q2, and Q3 of 2020, combined. “We are off to an incredible start in Q2, with strong positive sales momentum from the past two record quarters,” said Ted Murphy, Founder, Chairman and CEO of IZEA. “We are on track to have our best Q2 ever for Managed Services bookings and expect to eclipse the records set in Q4 2020 and Q1 2021 based on our current trajectory. These bookings are expected to be recognized as revenue over the coming quarters as campaigns are executed.” Bookings are a measure of all sales orders minus any known cancellations or refunds with respect to such sales orders or refunds. Management uses bookings to inform expectations of total sales activity. Bookings are not always an indicator of revenue for the quarter and could be subject to future adjustment. Revenue from Managed Services bookings are typically recognized over a 6-month period on average, though larger contracts may be recognized over longer periods of time. To work with IZEA as either an influencer or a marketer, visit IZEA.com. About IZEA Worldwide, Inc.IZEA Worldwide, Inc. (“IZEA”) is a marketing technology company providing software and professional services that enable brands to collaborate and transact with the full spectrum of today’s top social influencers and content creators. The company serves as a champion for the growing Creator Economy, enabling individuals to monetize their content, creativity, and influence. IZEA launched the industry’s first-ever influencer marketing platform in 2006 and has since facilitated nearly 4 million transactions between online buyers and sellers. Leading brands and agencies partner with IZEA to increase digital engagement, diversify brand voice, scale content production, and drive measurable return on investment. Safe Harbor StatementAll statements in this release that are not based on historical fact are “forward-looking statements” intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as “may,” “will,” “would,” “could,” “should,” “expect,” “anticipate,” “hope,” “estimate,” “believe,” “intend,” "likely," "projects," “plans,” "pursue," "strategy" or "future," or the negative of these words or other words or expressions of similar meaning. Examples of forward-looking statements include, among others, statements we make regarding expectations concerning IZEA’s ability to increase revenue and bookings, growth or maintenance of customer relationships, and expectations concerning IZEA’s business strategy. Forward-looking statements involve inherent risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements, as a result of various factors including, among others, the following: bookings failing to produce corresponding revenue; competitive conditions in the content and social sponsorship segment in which IZEA operates; failure to popularize one or more of the marketplace platforms of IZEA; our ability to establish effective disclosure controls and procedures and internal control over financial reporting; our ability to satisfy the requirements for continued listing of our common stock on the Nasdaq Capital Market; changing economic conditions that are less favorable than expected; and other risks and uncertainties described in IZEA’s periodic reports filed with the Securities and Exchange Commission. The forward-looking statements made in this release speak only as of the date of this release, and IZEA assumes no obligation to update any such forward-looking statements to reflect actual results or changes in expectations, except as otherwise required by law. CONTACT: Martin Smith IZEA Worldwide, Inc. Phone: 407-674-6911 Email: ir@izea.com
- GlobeNewswire
IZEA Completes Sale of $35 Million Through Its ATM Offering
Company Raises $75M in Total Gross Proceeds Since June 2020Orlando, Florida, April 15, 2021 (GLOBE NEWSWIRE) -- IZEA Worldwide, Inc. (NASDAQ: IZEA), the premier provider of influencer marketing technology, data, and services for the world’s leading brands, announced today that it has completed sales of approximately $35 million of its common shares pursuant to the Company’s At-The-Market (ATM) Offering established on January 25, 2021 (the “ATM Sales”), through National Securities Corporation (“National”), acting as sales agent. In the ATM Sales, an aggregate of 7,028,132 common shares have been issued to investors at an average at-the-market price of $4.98 a common share. A $75 million shelf registration statement on Form S-3 (including a prospectus) relating to IZEA’s securities was filed with the SEC and became effective on June 2, 2020. The total gross proceeds raised under the Form S-3 since June 2020 is approximately $75 million, exhausting the total amount available under the Shelf registration. National Securities Corporation, member FINRA/SIPC, a leading full service independent brokerage, investment banking and asset management firm, acted as the exclusive selling agent in the deal. This press release does not constitute an offer to sell or solicitation of an offer to buy any securities in the ATM offering. Nor shall there be any sale of these securities in any state or jurisdiction in which such offering, solicitation, or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction. About IZEA Worldwide, Inc. 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 today’s top social influencers and content creators. The company serves as a champion for the growing Creator Economy, enabling individuals to monetize their content, creativity, and influence. IZEA launched the industry’s first-ever influencer marketing platform in 2006 and has since facilitated nearly 4 million transactions between online buyers and sellers. Leading brands and agencies partner with IZEA to increase digital engagement, diversify brand voice, scale content production, and drive measurable return on investment. Safe Harbor StatementAll statements in this release that are not based on historical fact are “forward-looking statements” intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as “may,” “will,” “would,” “could,” “should,” “expect,” “anticipate,” “hope,” “estimate,” “believe,” “intend,” "likely," "projects," “plans,” "pursue," "strategy" or "future," or the negative of these words or other words or expressions of similar meaning. Examples of forward-looking statements include, among others, statements we make regarding expectations concerning IZEA’s ability to increase revenue and bookings, growth or maintenance of customer relationships, and expectations concerning IZEA’s business strategy. Forward-looking statements involve inherent risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements, as a result of various factors including those described in IZEA’s periodic reports filed with the Securities and Exchange Commission. The forward-looking statements made in this release speak only as of the date of this release, and IZEA assumes no obligation to update any such forward-looking statements to reflect actual results or changes in expectations, except as otherwise required by federal securities law. CONTACT: Martin Smith IZEA Worldwide, Inc. Phone: 407-674-6911 Email: ir@izea.com
- Motley Fool
Why IZEA Worldwide Stock Dropped Today
Shares of IZEA Worldwide (NASDAQ: IZEA) pulled back today after the company released strong numbers for second-quarter bookings so far, but still underwhelmed investors after the company had promised on Twitter yesterday that it had "very exciting news to share." In the press release, IZEA, which is a digital marketing firm focused on influencers, said that bookings in Managed Services, the segment that makes up the vast majority of its business, had already exceeded the total from second quarter 2020 in just the first two weeks of the current second quarter. In an emotional live-streamed speech on Twitter, CEO Ted Murphy told of the dark depths the company was in a year ago when it asked employees to take a pay cut, and congratulated IZEA stakeholders for the dramatic comeback the company has staged, up to the skyrocketing growth in bookings it's now experiencing.
