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IZEA Worldwide (IZEA Worldwide) Preferred Stock : $0.00 Mil (As of Dec. 2023)


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What is IZEA Worldwide Preferred Stock?

Preferred stock is a special equity security that has properties of both equity and debt. IZEA Worldwide's preferred stock for the quarter that ended in Dec. 2023 was $0.00 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. IZEA Worldwide's Enterprise Value for the quarter that ended in Dec. 2023 was $-21.82 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. IZEA Worldwide's Book Value per Share for the quarter that ended in Dec. 2023 was $4.02.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). IZEA Worldwide's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $-0.08.


IZEA Worldwide Preferred Stock Historical Data

The historical data trend for IZEA Worldwide's Preferred Stock can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

IZEA Worldwide Preferred Stock Chart

IZEA Worldwide Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Preferred Stock
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IZEA Worldwide Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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IZEA Worldwide Preferred Stock Calculation

Preferred Stock is a special equity security that has properties of both equity and debt. It is generally considered a hybrid instrument. Preferred stock is senior to common stock, but is subordinate to bonds in terms of claim or rights to their share of the assets of the company.

Preferred stock has priority over common stock in the payment of dividends and any payments received when a company liquidates.

Preferred stock comes in many forms. It can be:


Convertible or Non-Convertible
Cumulative or Non-Cumulative
Voting or Non-Voting
Callable or Non-Callable
Maturity Date or No Maturity Date

A preferred stock without a maturity date is called a perpetual preferred stock. These are relatively rare. A good example of perpetual preferred stock is the many series of Public Storage (PSA) preferred shares that trade on the New York Stock Exchange.

Before investing in preferred stock, it is important to know which of the above groups the stock belongs to. Is it convertible or non-convertible? Are dividends cumulative or non-cumulative?

It is also critical that an investor knows what bonds the company has in front of the preferred stock. Bondholders get paid first. So the decision to buy a preferred stock can be similar to the decision to buy a bond. But, remember, the preferred stock of a company with bonds is junior to those bonds.

Unless a preferred stock is convertible, the upside in a preferred stock investment is more limited than in a common stock investment. If a company doubles its earnings, it is usually under no more obligation to double the dividends paid to preferred shareholders than it is to double the interest paid to its bankers and bondholders.So preferred stock is very different from common stock.


IZEA Worldwide  (NAS:IZEA) Preferred Stock Explanation

When a company needs capital but does not wish to issue debt, they may sell preferred stocks to investors.

For instance, during the financial crisis of 2008, Goldman Sachs (GS) issued a combination of preferred stock and common stock options for $5 billion of capital to Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B). In this deal, Berkshire Hathaway paid $5 billion for 10% cumulative perpetual preferred stock and warrants to buy 43.5 million shares of Goldman Sachs at $115 a share. Goldman Sachs bought back the preferred in 2010. Guess how much money Warren Buffett made in this deal in two years? Read How Much Did Warren Buffett’s Berkshire Hathaway (BRK.B) Make on Its Goldman Sachs (GS) Preferred Stock?

1. The market value of Preferred Stocks needs to be added to the market value of common stocks in the calculation of enterprise value.

IZEA Worldwide's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

2. In the calculation of Book Value, the par value of Preferred Stocks needs to subtracted from total equity.

IZEA Worldwide's Book Value per Share for the quarter that ended in Dec. 2023 is calculated as

3. Dividends paid to Preferred Stocks need to be subtracted from net income in the calculation of earnings per share.

IZEA Worldwide's Earnings per Share (Diluted) (EPS) for the three months ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


IZEA Worldwide Preferred Stock Related Terms

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IZEA Worldwide (IZEA Worldwide) Business Description

Traded in Other Exchanges
Address
1317 Edgewater Dr., Suite 1880, Orlando, FL, USA, 32804
IZEA Worldwide Inc is an online marketplace connecting marketers with the content creator that produce and distribute text, videos, and photos for marketers, blogs, and social media channels. The marketers include brands, agencies, and publishers that use the company's technology for the engagement of online influencers for influencer marketing campaigns or the creation of stand-alone content for distribution through their owned channels. The company provides its services to various industries including consumer products, retail, technology, and travel.
Executives
Lindsay A Gardner director C/O IZEA, INC., 480 N. ORLANDO AVENUE, SUITE 200, WINTER PARK FL 32789
Edward H Murphy director, officer: President and CEO C/O IZEA, INC., 480 NORTH ORLANDO AVENUE, SUITE 200, ORLANDO FL 32789
Daniel R Rua director 480 NORTH ORLANDO AVENUE, SUITE 200, WINTER PARK FL 32789
Peter Biere officer: Chief Financial Officer C/O BSQUARE CORPORATION, 110 110TH AVENUE NE, SUITE 300, BELLEVUE WA 98004
Leann C Hitchcock officer: Chief Financial Officer C/O IZEA, INC., 480 N. ORLANDO AVENUE, SUITE 200, WINTER PARK FL 32789
Justin Andrews officer: Chief Financial Officer 480 N. ORLANDO AVENUE, SUITE 200, WINTER PARK FL 32789
Troy J Vanke officer: Chief Financial Officer C/O PLAYTIKA LTD., HACHOSHLIM ST 8, HERZLIYA PITUARCH L3 4672408
Patrick James Venetucci director 212 N WASHINGTON, PARK RIDGE IL 60068
Michael Heald Heald officer: Chief Financial Officer 560 AVON GLADE PLACE, SANFORD FL 32771
Brian W Brady director, 10 percent owner 480 N ORLANDO AVE, SUITE 200, WINTER PARK FL 32789
Awm Investment Company, Inc. 10 percent owner 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
John H Caron director C/O IZEA, INC., 480 N. ORLANDO AVENUE, SUITE 200, ORLANDO FL 32789
Jill Golder director 305 HARTMANN DRIVE, LEBANON TN 37087
Ryan S Schram director, officer: Chief Operating Officer 480 NORTH ORLANDO AVENUE, SUITE 200, WINTER PARK FL 32789
Marxe Austin W & Greenhouse David M 10 percent owner C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022