Agoracom Blog

Kidoz Achieves Remarkable Q2 With Record Revenue of $2.81 Million

Posted by Nicole Rojas at 3:05 PM on Thursday, October 19th, 2023

Discover the impressive financial performance of Kidoz Inc. (TSXV:KIDZ) as they continue to excel in the mobile AdTech industry. In a ground-breaking interview, Kidoz CEO, Jason Williams, provides insights into the company’s Q2-23 results. With total revenue of $2.81 million, marking a 12% increase compared to Q2 2022 and a remarkable 68% surge compared to Q1 2023, Kidoz is setting new standards for success.

 

The interview highlights key achievements, including a staggering 723% growth in Programmatic Ad Tech Revenue. Kidoz’s strategic investments in technology and operations have borne fruit, with an enhanced operating margin of 44% in Q2 2023 compared to 39% in Q2 2022.

 

A major milestone for Kidoz during the quarter was the successful collaboration with industry giants McDonald’s and Disney, resulting in a highly engaging “AAA” Game-Ad. This interactive unit garnered over 35% of impressions engaging with the Game Ad for more than 1 minute on average, generating significant interest in Disney’s Elementals movie release.

 

With Jason Williams’ strategic insights and Kidoz’s history of strong second-half performance, the company is poised for record-breaking success in the upcoming quarters of 2023. This interview is a must-watch for investors, industry enthusiasts, and anyone interested in the cutting-edge developments of the mobile AdTech landscape.

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