IZEA Worldwide Inc. (IZEA) Revenue-to-Profit Sankey Flow & SEC XBRL Financials

Per the Roarable RQD rating, IZEA scores 46 out of 100, a letter grade of D, with the verdict label "Roarable Sell — Underperform / Distribution Warning." The five pillars are:

• Fundamental Cash Engine: 10 / 20. Per the Roarable RQD rating, this pillar reflects ROIC of -35% and an FCF yield of 5.79%. A negative ROIC indicates that capital deployed in the business is currently not generating returns above zero, while the positive FCF yield indicates the business is producing cash relative to its market value. For a prospective investor, the investment case depends on whether cash generation can be sustained while returns on capital recover.
• Whale / 13F Flow: 5 / 20. Per the Roarable RQD rating, this pillar reflects institutional accumulation and options positioning. The low score signals weak institutional support in the sources provided, a factor that can limit liquidity and price support during adverse periods.
• Insider Conviction: 11 / 20. Per the Roarable RQD rating, this pillar reflects SEC Form 4 and Congressional PTR cluster flow. The moderate score indicates insider signals that do not strongly favor either direction.
• Macro Regime Fit: 8 / 20. Per the Roarable RQD rating, this pillar reflects beta of 1.0 and sector sensitivity. A beta of 1.0 means the stock is expected to move in line with the broader market, so it offers no defensive cushion; its sector sensitivity adds exposure to advertising-cycle conditions.
• Forensic Balance Sheet: 12 / 20. Per the Roarable RQD rating, this pillar reflects Altman Z 1.74, Piotroski F 7/9, and Debt/Equity 0.5. The Piotroski score is comparatively strong, while the Altman Z-Score is in a range that merits attention to financial stability.

Upside drivers in the data are the positive FCF yield, the Piotroski F-Score of 7/9, and the cash balance of $50.9M reported for FY 2025, which is large relative to the $41.0M market capitalization. Valuation tradeoffs are significant: the market capitalization sits below reported cash, yet operating margin is -6% and ROIC is -35%, so the market is not currently crediting the company with earnings power. The primary risks are continued operating losses, declining reported revenue across the three periods, and the low institutional flow score. Overall, the sources describe a distribution-warning profile rather than a constructive setup.

Per the Profile section, IZEA Worldwide Inc. is a NASDAQ-listed issuer in the Communication Services sector, operating in the Advertising industry. Per the SEC financials, the company reported revenue of $31.2M for FY 2025. The source data does not describe its products, customer base, or specific monetization model.

Per the market data, gross margin is 48.1%, operating margin is -6%, and net margin is 0.1%. Per the Roarable RQD rating, ROIC is -35%, the Altman Z-Score is 1.74, and the Piotroski F-Score is 7/9, with Debt/Equity of 0.5. Reported revenue declined from $36.2M in FY 2023 to $35.9M in FY 2024 and $31.2M in FY 2025, while operating losses narrowed from $-19.5M in FY 2024 to $-1.9M in FY 2025. The FY 2025 cash balance of $50.9M is the largest reported in the financials, and the market capitalization of $41.0M is below that figure.

Per the recent news and catalysts section, the feed contains six items, each flagged YELLOW with impact label MARKET WIRE:

• A TradingView report titled "IZEA Worldwide, Inc. Estimates" published 1h before the data timestamp.
• A Stock Titan report stating that holders of 17.3% of IZEA Worldwide shares agree to back board recommendations at the annual meeting.
• A Yahoo Finance UK item whose headline refers to a general quote page for Baidu, Inc., not IZEA.
• A MarketBeat report titled "Izea Worldwide Q3 2026 Earnings Date and Estimates."
• An ad-hoc-news.de report referencing a November 18 results date and USD 5.81 million in revenue.
• A TradingKey item, a general U.S. stocks list, that references IZEA among other securities.

Risk watch items are the upcoming Q3 2026 earnings date and the revenue figure cited in the ad-hoc-news.de headline, which the source does not reconcile with the financials table. Per the Butterfly Supply-Chain Graph, there are no proprietary signals and no supply-chain links.

Per the Butterfly Supply-Chain Graph, the supply chain is recorded as NONE, with no butterfly links and no proprietary signals. Not available in source data for upstream dependencies, downstream customers, or sector correlations beyond the Communication Services / Advertising classification. Second-order bottlenecks cannot be identified from the sources provided.

• What is the reported EPS, debt level, and P/E ratio, given that all three are marked N/A or Not available in source data?
• What drove the shift from a FY 2024 net loss of $-18.9M to a FY 2025 net income of $0.0M, and is operating income expected to turn positive?
• The ad-hoc-news.de headline cites USD 5.81 million in revenue, which does not correspond to any figure in the financials table. What period does it refer to?
• What is the composition and source of the $50.9M cash balance, and how much of it is unrestricted?
• Does the 17.3% shareholder support for board recommendations relate to any contested item, and what are the specific proposals?