Izea Worldwide Inc Financials

IZEA

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

This page shows Izea Worldwide Inc (IZEA) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 45/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

Izea Worldwide Inc has an operating margin of -54.3%, meaning the company retains $-54 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from -27.3% the prior year.

Growth

Izea Worldwide Inc's revenue declined 0.9% year-over-year, from $36.2M to $35.9M. This contraction results in a growth score of 26/100.

Leverage

100

Izea Worldwide Inc carries a low D/E ratio of 0.00, meaning only $0.00 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

100

With a current ratio of 4.47, Izea Worldwide Inc holds $4.47 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 100/100.

Cash Flow

While Izea Worldwide Inc generated -$11.5M in operating cash flow, capex of $75K consumed most of it, leaving -$11.5M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.

Piotroski F-Score Neutral

5/9

Izea Worldwide Inc passes 5 of 9 financial strength tests. 1 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Low Quality

0.61x

For every $1 of reported earnings, Izea Worldwide Inc generates $0.61 in operating cash flow (-$11.5M OCF vs -$18.9M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk

-2396.5x

Izea Worldwide Inc earns $-2396.5 in operating income for every $1 of interest expense (-$19.5M vs $8K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

Export CSV

Revenue

$35.9M

YoY-0.9%

5Y CAGR+13.6%

10Y CAGR+15.7%

Izea Worldwide Inc generated $35.9M in revenue in fiscal year 2024. This represents a decrease of 0.9% from the prior year.

EBITDA

-$18.3M

YoY-99.8%

Izea Worldwide Inc's EBITDA was -$18.3M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 99.8% from the prior year.

Free Cash Flow

-$11.5M

YoY-132.3%

Izea Worldwide Inc generated -$11.5M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 132.3% from the prior year.

Net Income

-$18.9M

YoY-156.5%

Izea Worldwide Inc reported -$18.9M in net income in fiscal year 2024. This represents a decrease of 156.5% from the prior year.

EPS (Diluted)

$-1.10

YoY-144.4%

Izea Worldwide Inc earned $-1.10 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 144.4% from the prior year.

Cash & Debt

$44.6M

YoY+19.2%

5Y CAGR+50.0%

10Y CAGR+21.2%

Izea Worldwide Inc held $44.6M in cash against $63K in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

17M

YoY+4.3%

Izea Worldwide Inc had 17M shares outstanding in fiscal year 2024. This represents an increase of 4.3% from the prior year.

Gross Margin

40.9%

YoY+0.6pp

5Y CAGR-14.2pp

10Y CAGR-24.9pp

Izea Worldwide Inc's gross margin was 40.9% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 0.6 percentage points from the prior year.

Operating Margin

-54.3%

YoY-27.0pp

5Y CAGR-16.5pp

10Y CAGR+1.5pp

Izea Worldwide Inc's operating margin was -54.3% in fiscal year 2024, reflecting core business profitability. This is down 27.0 percentage points from the prior year.

Net Margin

-52.5%

YoY-32.3pp

5Y CAGR-14.1pp

10Y CAGR-90.8pp

Izea Worldwide Inc's net profit margin was -52.5% in fiscal year 2024, showing the share of revenue converted to profit. This is down 32.3 percentage points from the prior year.

Return on Equity

N/A

R&D Spending

N/A

Share Buybacks

$602K

YoY-41.0%

Izea Worldwide Inc spent $602K on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 41.0% from the prior year.

Capital Expenditures

$75K

YoY-43.1%

5Y CAGR-3.3%

10Y CAGR-17.6%

Izea Worldwide Inc invested $75K in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 43.1% from the prior year.

IZEA Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$35.9M-0.9%	$36.2M-11.9%	$41.1M+36.9%	$30.0M+67.1%	$18.0M-5.2%	$19.0M
Cost of Revenue	$21.2M-1.9%	$21.6M-12.6%	$24.7M+71.1%	$14.5M+83.2%	$7.9M-7.3%	$8.5M
Gross Profit	$14.7M+0.6%	$14.6M-10.8%	$16.4M+5.1%	$15.6M+54.5%	$10.1M-3.5%	$10.4M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$16.7M+26.7%	$13.2M+13.6%	$11.6M+5.5%	$11.0M+28.1%	$8.6M-6.3%	$9.2M
Operating Income	-$19.5M-97.1%	-$9.9M-75.5%	-$5.6M-5.1%	-$5.4M+48.9%	-$10.5M-46.4%	-$7.2M
Interest Expense	$8K-1.2%	$8K+929.5%	$799-96.8%	$25K-59.8%	$63K-73.0%	$234K
Income Tax	-$395K-6365.4%	-$6K	N/A	N/A	N/A	N/A
Net Income	-$18.9M-156.5%	-$7.3M-64.4%	-$4.5M-42.3%	-$3.1M+70.1%	-$10.5M-44.1%	-$7.3M
EPS (Diluted)	$-1.10-144.4%	$-0.45-55.2%	$-0.29	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Revenue	$8.1M-11.6%	$9.1M+14.6%	$8.0M-27.6%	$11.0M+21.0%	$9.1M+30.8%	$7.0M-21.8%	$8.9M+12.6%	$7.9M
Cost of Revenue	$4.2M-5.3%	$4.4M-0.3%	$4.4M-35.7%	$6.8M+32.3%	$5.2M+30.5%	$4.0M-16.0%	$4.7M+0.8%	$4.7M
Gross Profit	$3.9M-17.4%	$4.7M+33.1%	$3.6M-14.1%	$4.2M+6.1%	$3.9M+31.2%	$3.0M-28.4%	$4.2M+30.0%	$3.2M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$3.0M+3.7%	$2.9M-1.5%	$2.9M-21.5%	$3.7M+11.1%	$3.4M-10.8%	$3.8M+4.8%	$3.6M+19.1%	$3.0M
Operating Income	-$330K-144.8%	$738K+212.5%	-$656K+79.4%	-$3.2M-10.0%	-$2.9M+28.8%	-$4.1M-85.5%	-$2.2M+17.1%	-$2.6M
Interest Expense	$2K-7.3%	$2K+7.9%	$2K-33.2%	$2K+23.8%	$2K-0.1%	$2K+8.0%	$2K+12.0%	$2K
Income Tax	$0	$0	$0+100.0%	-$254K-187.6%	-$88K-370.1%	-$19K-207.7%	-$6K	$0
Net Income	$148K-87.7%	$1.2M+943.9%	-$143K+96.9%	-$4.6M-110.6%	-$2.2M+32.8%	-$3.3M-113.9%	-$1.5M+23.0%	-$2.0M
EPS (Diluted)	$0.01-85.7%	$0.07+800.0%	$-0.01+96.0%	$-0.25-92.3%	$-0.13+35.0%	$-0.20-185.7%	$-0.07+46.2%	$-0.13

IZEA Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$62.2M-21.7%	$79.4M-7.3%	$85.7M-5.6%	$90.8M+102.8%	$44.8M+87.0%	$23.9M
Current Assets	$60.0M-0.5%	$60.4M+19.8%	$50.4M-41.0%	$85.4M+121.5%	$38.6M+220.4%	$12.0M
Cash & Equivalents	$44.6M+19.2%	$37.4M+52.2%	$24.6M-67.4%	$75.4M+128.3%	$33.0M+461.6%	$5.9M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$7.8M+56.0%	$5.0M-11.7%	$5.7M-25.5%	$7.6M+45.9%	$5.2M-7.0%	$5.6M
Goodwill	$0-100.0%	$5.3M+31.5%	$4.0M0.0%	$4.0M0.0%	$4.0M-51.7%	$8.3M
Total Liabilities	$13.4M-4.8%	$14.1M-8.4%	$15.4M-3.5%	$16.0M+24.3%	$12.9M+25.7%	$10.2M
Current Liabilities	$13.4M-1.2%	$13.6M-11.4%	$15.3M-3.6%	$15.9M+29.0%	$12.3M+21.3%	$10.2M
Long-Term Debt	$63K-48.4%	$123K+16.9%	$105K+39.2%	$75K-96.2%	$2.0M	N/A
Total Equity	$48.8M-25.3%	$65.3M-7.0%	$70.3M-6.1%	$74.8M+134.4%	$31.9M+126.1%	$14.1M
Retained Earnings	-$104.3M-22.1%	-$85.4M-9.4%	-$78.1M-6.1%	-$73.6M-4.5%	-$70.5M-17.5%	-$60.0M

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Total Assets	$57.9M-2.9%	$59.6M+0.5%	$59.3M-4.6%	$62.2M-14.5%	$72.7M-4.3%	$76.0M-4.3%	$79.4M+3.4%	$76.8M
Current Assets	$55.5M-3.2%	$57.4M+0.4%	$57.2M-4.8%	$60.0M-3.6%	$62.3M+0.7%	$61.9M+2.5%	$60.4M+4.3%	$57.9M
Cash & Equivalents	$51.4M+1.5%	$50.6M+0.1%	$50.6M+13.4%	$44.6M+0.8%	$44.3M+13.5%	$39.0M+4.2%	$37.4M+6.4%	$35.2M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	$7.8M+38.9%	$5.6M+17.1%	$4.8M-4.0%	$5.0M	N/A
Goodwill	$0	$0	N/A	$0-100.0%	$5.3M-0.1%	$5.3M+0.1%	$5.3M+31.5%	$4.0M
Total Liabilities	$8.0M-22.0%	$10.3M-7.4%	$11.1M-17.6%	$13.4M+12.3%	$12.0M-11.5%	$13.5M-4.2%	$14.1M+14.6%	$12.3M
Current Liabilities	$8.0M-22.0%	$10.3M-7.4%	$11.1M-17.6%	$13.4M+15.4%	$11.6M-10.7%	$13.0M-4.1%	$13.6M+11.1%	$12.2M
Long-Term Debt	$19K-44.0%	$34K-30.6%	$49K-23.4%	$63K-31.9%	$93K-13.8%	$108K-12.1%	$123K-10.8%	$138K
Total Equity	$49.9M+1.0%	$49.4M+2.3%	$48.3M-1.0%	$48.8M-19.7%	$60.8M-2.8%	$62.5M-4.3%	$65.3M+1.3%	$64.5M
Retained Earnings	-$103.1M+0.1%	-$103.2M+1.2%	-$104.4M-0.1%	-$104.3M-14.7%	-$90.9M-2.5%	-$88.7M-3.8%	-$85.4M-1.8%	-$83.9M

IZEA Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	-$11.5M-137.1%	-$4.8M-58.1%	-$3.1M-19.1%	-$2.6M-22.5%	-$2.1M+28.1%	-$2.9M
Capital Expenditures	$75K-43.1%	$132K+66.7%	$79K+25.3%	$63K+218.5%	$20K-77.7%	$89K
Free Cash Flow	-$11.5M-132.3%	-$5.0M-58.3%	-$3.1M-19.2%	-$2.6M-24.3%	-$2.1M+29.6%	-$3.0M
Investing Cash Flow	$19.8M+5.1%	$18.8M+139.4%	-$47.7M-182172.6%	-$26K+92.6%	-$354K+47.8%	-$679K
Financing Cash Flow	-$1.1M+3.5%	-$1.1M-1391.6%	-$76K-100.2%	$45.0M+51.9%	$29.6M+294.3%	$7.5M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$602K-41.0%	$1.0M	$0	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Operating Cash Flow	$1.2M+256.1%	-$762K-138.0%	$2.0M+171.7%	-$2.8M+28.5%	-$3.9M-17.1%	-$3.3M+68.2%	-$10.5M-210.7%	$9.5M
Capital Expenditures	N/A	$26K+536.1%	$4K-78.1%	$18K+24.1%	$15K0.0%	$15K-53.6%	$32K-5.6%	$34K
Free Cash Flow	N/A	-$788K-139.3%	$2.0M+171.1%	-$2.8M+28.3%	-$3.9M-17.1%	-$3.4M+68.2%	-$10.5M-211.5%	$9.5M
Investing Cash Flow	-$186K-114.3%	$1.3M-72.5%	$4.7M+125.8%	$2.1M-77.5%	$9.3M+86.6%	$5.0M+247.4%	$1.4M-76.9%	$6.2M
Financing Cash Flow	-$233K+54.2%	-$509K+17.7%	-$619K-10.5%	-$560K-606.7%	-$79K-112.9%	-$37K-33.6%	-$28K+92.0%	-$350K
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$0-100.0%	$279K-37.2%	$444K-18.5%	$544K	$0	$0	$0-100.0%	$315K

IZEA Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	40.9%+0.6pp	40.3%+0.5pp	39.8%-12.0pp	51.8%-4.2pp	56.0%+1.0pp	55.0%
Operating Margin	-54.3%-27.0pp	-27.3%-13.6pp	-13.7%+4.1pp	-17.8%+40.5pp	-58.4%-20.6pp	-37.8%
Net Margin	-52.5%-32.3pp	-20.3%-9.4pp	-10.9%-0.4pp	-10.5%+48.0pp	-58.5%-20.0pp	-38.5%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-30.3%-21.1pp	-9.3%-4.0pp	-5.2%-1.8pp	-3.5%+20.0pp	-23.5%+7.0pp	-30.4%
Current Ratio	4.47+0.0	4.44+1.2	3.28-2.1	5.36+2.2	3.12+1.9	1.18
Debt-to-Equity	0.000.0	0.000.0	0.000.0	0.00-0.1	0.06-0.7	0.72
FCF Margin	-32.1%-18.4pp	-13.7%-6.1pp	-7.6%+1.1pp	-8.8%+3.0pp	-11.8%+4.1pp	-15.8%

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Gross Margin	48.6%-3.4pp	52.0%+7.2pp	44.8%+7.0pp	37.8%-5.3pp	43.1%+0.1pp	42.9%-4.0pp	46.9%+6.3pp	40.6%
Operating Margin	-4.1%-12.2pp	8.1%+16.3pp	-8.2%+20.7pp	-28.9%+2.9pp	-31.8%+26.6pp	-58.4%-33.8pp	-24.6%+8.8pp	-33.5%
Net Margin	1.8%-11.4pp	13.2%+15.0pp	-1.8%+40.2pp	-42.0%-17.9pp	-24.1%+22.8pp	-47.0%-29.8pp	-17.2%+7.9pp	-25.1%
Return on Equity	0.3%-2.1pp	2.4%	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	0.3%-1.8pp	2.0%+2.3pp	-0.2%+7.2pp	-7.4%-4.4pp	-3.0%+1.3pp	-4.3%-2.4pp	-1.9%+0.7pp	-2.6%
Current Ratio	6.94+1.3	5.60+0.4	5.16+0.7	4.47-0.9	5.35+0.6	4.75+0.3	4.44-0.3	4.73
Debt-to-Equity	0.000.0	0.000.0	0.000.0	0.000.0	0.000.0	0.000.0	0.000.0	0.00
FCF Margin	N/A	-8.6%-33.8pp	25.1%+50.8pp	-25.6%+17.6pp	-43.2%+5.1pp	-48.3%+70.3pp	-118.6%-238.4pp	119.8%

Similar Companies

BUZZFEED INC BZFD

$30.4M

JINXIN TECHNOLOGY HLDG CO NAMI

$40.3M

Sound Group Inc. SOGP

$59.3M

MoneyHero Limited MNY

$56.7M

CHECHE GROUP INC CCG

$66.9M

Frequently Asked Questions

What is Izea Worldwide Inc's annual revenue?

Izea Worldwide Inc (IZEA) reported $35.9M in total revenue for fiscal year 2024. This represents a -0.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Izea Worldwide Inc's revenue growing?

Izea Worldwide Inc (IZEA) revenue declined by 0.9% year-over-year, from $36.2M to $35.9M in fiscal year 2024.

Is Izea Worldwide Inc profitable?

No, Izea Worldwide Inc (IZEA) reported a net income of -$18.9M in fiscal year 2024, with a net profit margin of -52.5%.

What is Izea Worldwide Inc's earnings per share (EPS)?

Izea Worldwide Inc (IZEA) reported diluted earnings per share of $-1.10 for fiscal year 2024. This represents a -144.4% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is Izea Worldwide Inc's EBITDA?

Izea Worldwide Inc (IZEA) had EBITDA of -$18.3M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Izea Worldwide Inc have?

As of fiscal year 2024, Izea Worldwide Inc (IZEA) had $44.6M in cash and equivalents against $63K in long-term debt.

What is Izea Worldwide Inc's gross margin?

Izea Worldwide Inc (IZEA) had a gross margin of 40.9% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

What is Izea Worldwide Inc's operating margin?

Izea Worldwide Inc (IZEA) had an operating margin of -54.3% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

What is Izea Worldwide Inc's net profit margin?

Izea Worldwide Inc (IZEA) had a net profit margin of -52.5% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is Izea Worldwide Inc's free cash flow?

Izea Worldwide Inc (IZEA) generated -$11.5M in free cash flow during fiscal year 2024. This represents a -132.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Izea Worldwide Inc's operating cash flow?

Izea Worldwide Inc (IZEA) generated -$11.5M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Izea Worldwide Inc's total assets?

Izea Worldwide Inc (IZEA) had $62.2M in total assets as of fiscal year 2024, including both current and long-term assets.

What are Izea Worldwide Inc's capital expenditures?

Izea Worldwide Inc (IZEA) invested $75K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

Does Izea Worldwide Inc buy back shares?

Yes, Izea Worldwide Inc (IZEA) spent $602K on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

How many shares does Izea Worldwide Inc have outstanding?

Izea Worldwide Inc (IZEA) had 17M shares outstanding as of fiscal year 2024.

What is Izea Worldwide Inc's current ratio?

Izea Worldwide Inc (IZEA) had a current ratio of 4.47 as of fiscal year 2024, which is generally considered healthy.

What is Izea Worldwide Inc's debt-to-equity ratio?

Izea Worldwide Inc (IZEA) had a debt-to-equity ratio of 0.00 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Izea Worldwide Inc's return on assets (ROA)?

Izea Worldwide Inc (IZEA) had a return on assets of -30.3% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Izea Worldwide Inc's cash runway?

Based on fiscal year 2024 data, Izea Worldwide Inc (IZEA) had $44.6M in cash against an annual operating cash burn of $11.5M. This gives an estimated cash runway of approximately 47 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

What is Izea Worldwide Inc's Piotroski F-Score?

Izea Worldwide Inc (IZEA) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Izea Worldwide Inc's earnings high quality?

Izea Worldwide Inc (IZEA) has an earnings quality ratio of 0.61x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Izea Worldwide Inc cover its interest payments?

Izea Worldwide Inc (IZEA) has an interest coverage ratio of -2396.5x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Izea Worldwide Inc?

Izea Worldwide Inc (IZEA) scores 45 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.