Nov. 12 at 9:09 PM
$IZEA Q3 2025 Financial Summary Compared to Q3 2024
Total revenue declined to
$8.1 million, compared to
$8.8 million
Managed Services revenue increased 5% to
$8.0 million compared to
$7.7 million (excluding Hoozu)
Reflecting our strategy to shed non-recurring, unprofitable projects in favor of larger, recurring accounts, Managed Services bookings declined 44% to
$3.6 million, compared to
$6.4 million (excluding Hoozu)
Total costs and expenses declined 54% to
$8.4 million, compared to
$18.2 million
Net income totaled
$0.1 million, compared to a net loss of
$8.8 million, continuing our return to profitability
Adjusted EBITDA* for the quarter was
$0.4 million, improving
$3.8 million year-over-year
Cash and equivalents as of September 30, 2025 totaled
$51.4 million, reflecting positive cash from operations
