IZEA Worldwide, Inc. reported a strong first quarter in 2025, with total revenue increasing by 15% to $8.0 million. The company significantly improved its net income, achieving $(0.01) per share, and became cash positive, demonstrating the effectiveness of its recent transformational changes.
Total revenue increased 15% to $8.0 million in Q1 2025 compared to $7.0 million in Q1 2024.
Net loss improved significantly to $0.1 million in Q1 2025 from $3.3 million in Q1 2024.
Adjusted EBITDA was $(0.1) million in Q1 2025, a substantial improvement from $(3.4) million in Q1 2024.
Cash, cash equivalents, and investments totaled $52.2 million as of March 31, 2025, growing $1.1 million year-to-date.
The report does not contain explicit forward guidance for future quarters or fiscal years. However, the management commentary suggests a positive outlook based on the Q1 2025 performance and ongoing transformational changes.