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Q4 2021 Financials: IZEA Worldwide, Inc. (IZEA) Stock Shining Bright After Hours.

IZEA Worldwide, Inc. (IZEA) is a tech-based marketing company that provides software and expert solutions that allow brands to partner and transact with the broad range of topmost social influencers and content creators. The company also enables people to monetize their creativity and influence.


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IZEA stock price during the regular trading of March 30, 2022, was $1.44 with a gain of 6.67%. Its price flew further as of the writing in the aftermarket session, by 27.08%.

IZEA: Key Financials

IZEA released its fourth-quarter 2021 financials on March 30, 2022, for the fiscal quarter ended December 31, 2021. Some of the important aspects are discussed below.

Revenue

The company posted revenue of $10.3 million for the fourth quarter of 2021 versus $6.4 million for the corresponding quarter of 2020. The company’s revenue observed a 62% gain YoY which is a record.

EPS

Basic and diluted per share net earnings during the fourth quarter of 2021 were $0.3 million or $0.01 as compared to a net loss of $1.1 million or $0.02 during the corresponding quarter of 2020. Its EPS gained momentum over the year.

IZEA: Events and Happenings

On March 17, 2022, IZEA issued its research regarding ‘Trust in Influencer Market’ which examined the usefulness of influencer promotion because of client trust. The research report revealed that 46% of social media users acquired the products sponsored by the influencers.

On March 16, 2022, IZEA updated on hiring Mike Libis as the company’s General Manager in Canada. He joined the company’s Managed Services leadership council and oversee a lineup of influencer marketing authorities. On March 15, 2022, IZEA announced its entry into the Chinese market by bringing its offering of Managed Services to businesses focusing to influence North American clientele.

On February 22, 2022, IZEA informed the press about launching more than 40 cryptocurrencies to BrandGraph. The company brought the total cryptocurrencies pursued on the social media intelligence platform to approximately 60.

Conclusion

IZEA stock is 5% up and 25% down the YTD and past six months respectively which showed much improvement in its stock positioning over the period. The current aftermarket momentum in stock price is likely associated with the company’s fourth-quarter financial statement as it observed an all-time high revenue generated in the fiscal quarter.

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