Thursday, August 13, 2015 1:21:08 PM
Second Quarter Financial Highlights:
•Bookings for the quarter grew 141% year-over-year to a record $6.2 million, up from $2.6 million in Q2 2014.
•Sponsored Social bookings for the quarter grew 50% year over year to $3.8 million, up from $2.6 million.
•Revenue for the quarter increased 135% to a record $4.6 million compared to Q2 2014.
•Sponsored Social represented $2.4 million in Q2 revenue; Content represented $2.2 million in revenue.
•New opportunity pipeline, a representation of new client proposals generated within the quarter, grew to $32.3 million, up from $12.8 million in Q2 2014, an increase of 159%.
•Gross profit margin for Content increased from 9% in Q2 2014 under Ebyline, Inc. to 11% in Q2 2015 operating under
Second Quarter Operational Highlights:
•IZEAx aggregate network reach increased to 2.97 billion fans and followers at the end of the quarter, up 9.6% compared with Q1 2015 and 460% year-over-year.
•IZEAx registered users increased 15% to 514,000 from Q1 2015 to Q2 2015 and increased 679% from 66,000 in Q2 2014.
•Launched new IZEA corporate website and revamped marketing materials with expanded offering.
•Signed two new IZEAx partners and expanded into Australia via WeConnect partnership.
•Established a new client development presence in Canada and booked a first sale within the first 90 days.
•Announced content platform partnership with Percolate, a leading marketing platform provider.
•Appointment of Chris Staymates as VP of Engineering and Jill Golder, CFO of Ruby Tuesday, as a Board Member.
Any posts are just an opinion and should not be taken as investment advice. Always do your own DD
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