NASDAQ$IZEA

IZEA Worldwide Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

IZEA's Q4 2019 financial performance was reported, showing a mix of challenges and progress.

IZEA's Q4 2019 total revenue decreased by 8% compared to Q4 2018, with Managed Services revenue increasing slightly but SaaS Services revenue declining significantly. The company experienced a net loss, and Adjusted EBITDA was negative. However, there was growth in Managed Services bookings and efficiency improvements.

  • Total revenue decreased by 8% year-over-year to $5.8 million.
  • Managed Services revenue increased by 2% year-over-year to $5.0 million.
  • SaaS Services revenue decreased by 43% year-over-year to $777,000.
  • Net loss was $2.3 million, compared to a net loss of $693,000 in the corresponding quarter of 2018.

Headline financials

Total Revenue

$5.83M

Previous: $6.3M-7.5%
EPS (adj)

-$0.20

Previous: -$0.24+16.7%
Net Income

-$2.29M

No prior period
Operating Income

-$2.32M

No prior period
Cash & Equivalents

$5.88M

No prior period

Revenue & EPS history

IZEA · Revenue · Quarterly

$5.83M

Q4 2019-7.5%vs Q4 2018
Beat estimate in 6 of 16 quarters(38%)
ActualEstimate

Revenue by segment

IZEA · $5.79M total across 2 segments · Q4 2019

  • Managed Services
    $5.02M+1.7%
  • SaaS Services
    $777K-42.7%

Forward guidance

IZEA anticipates near-term implications for top-line revenue due to the Coronavirus pandemic, expecting a slowdown in bookings and revenue recognition. The company is implementing cost control measures, including hiring freezes and reductions, vendor reductions, and marketing spend adjustments. IZEA is also exploring government-provided small business disruption loans.

Headwinds

  • Potential decline in top-line revenue due to the Coronavirus pandemic.
  • Expected slowdown in bookings and revenue recognition.
  • Uncertainty related to stay-at-home orders and remote work collaboration.
  • Hiring freeze and employee reductions.
  • Reduction or elimination of contractors and vendors.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2019

Historical avgQ4 2019

-1.7%

Avg return

Earnings day

-2.5%

Avg return

5 days after

-1.6%

Avg return

30 days after

37%

21 / 57 earnings

Positive

+38.0%

Q4 2016

Best reaction

-27.8%

Q3 2012

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-5.2%-13.3%-17.2%
Q4 2025-2.3%+5.1%+15.7%
Q3 2025-1.8%+5.6%-1.8%
Q1 2025-2.5%-1.0%-8.0%
Q4 2024-5.3%+1.2%-6.0%
Q3 2024+1.8%+0.7%-9.8%
Q2 2024-1.3%-0.4%+17.4%
Q1 2024-9.4%-20.2%-35.7%
Q4 2023+3.5%+3.9%+24.2%
Q3 2023-5.9%-3.3%-5.9%
Q2 2023-6.4%-5.9%-6.8%
Q1 2023+5.0%+12.7%+27.5%
Q4 2022-4.8%-10.1%-14.6%
Q3 2022-0.7%-1.3%-3.6%
Q2 2022+8.9%+0.2%-12.6%
Q1 2022-8.7%-5.8%-9.8%
Q4 2021+23.0%-0.7%-15.2%
Q3 2021+2.9%+13.2%-23.9%
Q2 2021-8.8%-16.4%+0.4%
Q1 2021-23.2%-0.3%-6.7%
Q4 2020-3.3%-1.3%-2.8%
Q3 2020-6.6%-7.6%+7.8%
Q2 2020-4.3%-3.6%-32.3%
Q1 2020-0.8%-9.8%+172.2%
Q4 2019+13.0%-12.4%+24.9%
Q3 2019-8.8%-8.8%-24.6%
Q2 2019-19.2%-19.6%-36.3%
Q1 2019+0.4%-9.6%-13.2%
Q4 2018-17.9%-14.3%-25.0%
Q3 2018-7.3%-11.0%-25.2%
Q2 2018-12.9%+17.7%+41.9%
Q1 2018-16.5%-25.7%-45.6%
Q4 2017+25.9%+8.2%-6.8%
Q3 2017+22.0%+24.7%+22.3%
Q2 2017+9.1%+12.8%+5.5%
Q1 2017-16.9%-23.6%-32.4%
Q4 2016+38.0%+37.7%+22.6%
Q3 2016-13.7%-18.1%-13.0%
Q2 2016-0.9%+3.1%-11.4%
Q1 2016-6.7%
Q4 2015+0.1%
Q3 2015+5.6%
Q2 2015+8.3%
Q1 2015+8.3%
Q4 2014+1.4%
Q3 2014-10.0%
Q2 2014-0.6%
Q1 2014+4.0%
Q4 2013-1.9%
Q3 2013-18.2%
Q2 2013+11.4%
Q4 2012-4.8%
Q3 2012-27.8%
Q2 2012-16.7%
Q1 2012+16.0%
Q4 2011-6.3%
Q3 2011
Q2 2011+1.6%
Q1 2011
Q4 2010
Q3 2010
Q2 2010
Q1 2010

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro