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Kidoz Generates $USD 13.3M Revenue In 2023, Record Revenue Expected In 2024

Posted by Brittany McNabb at 3:04 PM on Tuesday, April 30th, 2024

In the fast-paced world of digital advertising, one company stands out for its exceptional performance and commitment to safety: Kidoz Inc. With a rapidly growing market share and a stellar track record, Kidoz has become the go-to platform for brands looking to connect with younger audiences in a safe and engaging way.

A Leader in Child-Safe Mobile Advertising

Kidoz Inc. has established itself as the absolute leader in child-safe mobile advertising, boasting nearly 5,000 apps worldwide reaching over 400 million kids. Partnering with top brands like Disney, McDonald’s, Hasbro, and Lego, Kidoz has earned the trust of both Apple and Google, solidifying its position as a trusted partner in the industry.

Impressive Growth Trajectory

From humble beginnings in 2017 with $1.9 million in revenue, Kidoz has experienced exponential growth, reaching $13.3 million in revenue by 2023 fiscal year. This remarkable growth trajectory is a testament to the company’s unwavering dedication to delivering great media, value, and service to its partners.

The Power of Mobile Gaming

One of the key factors driving Kidoz’s success is the explosive growth of mobile gaming. With an ever-increasing number of users, especially among younger demographics, mobile games have become a powerhouse in the advertising world. Kidoz leverages this trend by delivering video and rich media ads directly into kids’ favorite games, achieving completion rates in the mid-80s to 90s percentile.

Superior Performance Metrics

Unlike traditional advertising channels, Kidoz’s ads boast exceptional performance metrics, with completion rates far exceeding industry standards. With completion rates ranging from the mid-80s to 90s percentile and click-through rates five to eight times higher than YouTube, Kidoz offers unparalleled engagement and ROI for advertisers.

Anticipating Record Growth in 2024

Looking ahead to 2024, Kidoz is poised for another year of record growth. With strategic investments in technology, operations, and sales partnerships, the company is well-positioned to capitalize on the continued expansion of the mobile digital advertising market. Anticipating strong demand from advertisers and agencies, Kidoz is confident in its ability to deliver exceptional results in the year ahead.

Overcoming Challenges and Seizing Opportunities

While Kidoz faces challenges in breaking through with larger advertising agencies, the company remains focused on delivering exceptional quality and value to its partners. By continuously innovating and refining its offerings, Kidoz aims to solidify its position as a top-tier advertising platform and capture a larger share of the digital advertising market.

A Bright Future Ahead

As Kidoz Inc. continues to disrupt the digital advertising landscape, investors and industry observers alike are taking notice of the company’s remarkable growth and success. With a proven track record, a commitment to safety and quality, and a focus on innovation, Kidoz is well-positioned to lead the future of child-safe mobile advertising. As the company looks ahead to 2024 and beyond, the future is bright for Kidoz and its stakeholders.

Tags: adtech, Kidoz, penny stocks, small cap, small cap stock, small cap stocks, small caps
Posted in All Recent Posts, Kidoz | Comments Off on Kidoz Generates $USD 13.3M Revenue In 2023, Record Revenue Expected In 2024

Kidoz Generates $USD 13.3M In Revenue For ’23, Record Revenue Expected In ’24

Posted by Brittany McNabb at 10:23 AM on Tuesday, April 30th, 2024

If you believe in the future of digital advertising – and you should because 50% of TV advertising has shifted to digital and continues to accelerate – then Kidoz (KIDZ: TSXV) is worth discovering.

Why? Because Kidoz is the absolute leader in child-safe mobile advertising reaching millions of kids, teens, and families each month.

Just How BIG Are We Talking?

Kidoz powers nearly 5,000 apps worldwide, reaching over 400 MILLION kids, teens, and families monthly.

Working With Top Brands

Disney
McDonald’s
Hasbro
Lego
Trusted Partner of Apple & Google

In the realm of mobile AdTech, Kidoz Inc. shines with its 2023 financial report. Despite market challenges, 2023 annual revenues hit USD $13.3 million.

Highlights include:

Total Revenue: Kidoz recorded revenues of $13,326,824 in 2023
Programmatic Revenue Surge: A standout achievement in 2023 was the 239% increase in programmatic ad revenue, highlighting a shift towards more dynamic, automated ad placements.
Investment in R&D and Marketing: The company boosted its R&D and marketing spend, preparing for future growth and diversification into new demographic segments including teens and families.
Strategic Staffing and Partnerships: Kidoz expanded its workforce and forged seven new sales partnerships globally, aiming to enhance its market reach and operational capacity.

“Historically, large, kids-focused brands reached consumers through traditional media channels utilizing television, radio, and print to communicate their messages. In the rapidly evolving landscape of digital advertising, Kidoz is at the forefront of transforming how major brands connect with their youngest audiences by enabling their message to reach their audience, contextually and safely via mobile digital devices.” Jason Williams, Kidoz CEO.

Kidoz’s stellar 2023 performance confirms its leadership in child-safe mobile advertising. Watch this compelling interview with Jason Williams, Kidoz Inc CEO.

Tags: adtech, penny stocks, small cap, small cap stocks, small caps
Posted in AGORACOM Via Satellite, Kidoz | Comments Off on Kidoz Generates $USD 13.3M In Revenue For ’23, Record Revenue Expected In ’24

Championing Digital Safety: Kidoz Inc. Leading the Way in AdTech

Posted by Brittany McNabb at 4:58 PM on Monday, March 4th, 2024

In an era where online privacy is increasingly compromised, Kidoz Inc. emerges as a beacon of responsibility and innovation in the AdTech sector. As a pioneer in safe digital advertising for children and families, Kidoz is not just reshaping the digital landscape; it’s setting new standards for digital safety and privacy.

Market Leadership and Reach

With a robust platform that reaches hundreds of millions of kids, teens, and families monthly, Kidoz has established itself as the largest mobile advertising network for this demographic. Trusted by global brands such as Lego, Nintendo, and Disney, Kidoz provides a safe and engaging environment for brand engagement.

Advocating for Children’s Online Safety

Kidoz champions the Kids Online Safety Act (KOSA), aiming to protect minors online beyond existing regulations like COPPA and GDPR. By integrating KOSA principles into its operations, Kidoz ensures a safer digital future for children, focusing on issues like harmful content, online bullying, and harassment.

Revenue Growth and Market Position

In 2022, Kidoz reported revenue exceeding $15 million, with the first 9 months of 2023 reaching $7.3 million in revenue, highlighting its strong position in the rapidly growing $400 billion mobile ad market. With nearly 5,000 apps worldwide leveraging the Kidoz Publisher SDK, the company continues to lead the market in compliance and innovation.

Ensuring Ad Safety and Compliance

Kidoz takes proactive measures to ensure that its advertising campaigns adhere to the highest standards of child safety. By rigorously monitoring campaigns and preventing the promotion of harmful products or services, such as illegal drugs or tobacco, Kidoz maintains a safe and educational digital space for children.

Commitment to Digital Safety

For Kidoz, digital safety isn’t just a policy; it’s a mission deeply ingrained in its ethos. By advocating for maximum data privacy settings for minors and promoting responsible online experiences, Kidoz is committed to preserving the innocence and rights of children in the digital age.

Join the Movement

By aligning with Kidoz, people become part of a movement that prioritizes digital safety and empowers children to explore, learn, and grow online, free from the perils of the internet.

YOUR NEXT STEPS

Visit $KIDZ HUB On AGORACOM: https://agoracom.com/ir/Kidoz

Visit $KIDZ 5 Minute Research Profile On AGORACOM: https://agoracom.com/ir/Kidoz/profile

Visit $KIDZ Official Verified Discussion Forum On AGORACOM: https://agoracom.com/ir/Kidoz/forums/discussion

Watch $KIDZ Videos On AGORACOM YouTube Channel:

https://www.youtube.com/feed/library

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Tags: adtech, Kidoz, penny stocks, small cap, small cap stocks, smallcaps
Posted in AGORACOM Client Feature, AGORACOM Small Cap Stocks For Investment, All Recent Posts, Kidoz | Comments Off on Championing Digital Safety: Kidoz Inc. Leading the Way in AdTech

VIDEO – KIDOZ Hits Record $12.4M Revenues & Profits In 2021 … But Q4 $5.9M Tells The Global Growth Story For 2022

Posted by AGORACOM-JC at 4:40 PM on Tuesday, February 22nd, 2022

Kidoz (KIDZ: TSXV) owns the biggest mobile advertising platform for kids and families. How big? There are almost 4,000 apps around the world using Kidoz, reaching over 300 MILLION kids. The company works with top brands, including Disney, McDonald’s, Hasbro, and Lego, and is a trusted partner of Apple and Google.

The company recently released Record 2021 and Q4 Results.

Select Q4 2021 highlights:

Total Revenue of $5,883,484 – growth of 109% over $2,814,642 in Q3
Profit of $990,302, an increase of $1,065,342 over a loss of ($75,040) in Q3
Adjusted EBITDA of $1,353,442 – growth of 409% over $265,984 in Q3

We sat down with Kidoz Inc. Co-CEOs Jason Williams & Eldad Ben Tora to discuss their recently announced financial results.

Select Fiscal 2021 highlights:

Total Revenue of $12,433,573 – growth of 74% over 2020 Revenue of $7,148,029.
Adjusted EBITDA of $1,507,720 compared to $771,236 in fiscal 2020.

Jason Williams, Kidoz Co-CEO stated:

“Kidoz occupies the perfect position as the leader in safe contextual mobile advertising. As broadcast television continues to decline and mobile apps continue to rise, the demand for safe advertising opportunities on mobile has never been higher. Advertisers are looking for brand-safe media with the widest reach and Kidoz is the solution. Kidoz is able to work to the specific requirements of leading family brands to build awareness and create engagement with every campaign and feature product.”

KIDOZ IS A GLOBAL PLAYER

Eldad Ben Tora, Kidoz Co-CEO stated:

“In 2021 Kidoz launched campaigns for brands in 58 different countries. Kidoz has built a global solution and is represented by a global network of sales agents who know the local representatives and brands looking to reach kids and families in a safe and compliant way.

2022 IS OFF TO A RECORD START

Ben Tora added:

“While Kidoz’s growth was outstanding in 2021, management believes that we are only beginning to realize the potential of our technology and the strength of our market position …. 2022 has started at a record pace and management is confident that we will be able to continue to increase our growth. Kidoz continues to expand the number of markets in which we operate and the number of products we can monetize.”

Now sit back, relax and watch this powerful interview with Co-CEOs of Kidoz Inc.

Tags: ads, adtech, contextualtargeting, digital marketing, smallcap, smallcaps
Posted in AGORACOM Via Satellite, Kidoz | Comments Off on VIDEO – KIDOZ Hits Record $12.4M Revenues & Profits In 2021 … But Q4 $5.9M Tells The Global Growth Story For 2022

VIDEO – Kidoz New Programmatic Advertising Technology Could Increase Impressions Sold By 3-5X

Posted by AGORACOM-JC at 5:48 PM on Thursday, December 9th, 2021

The company recently released impressive Q3 Results.

Select Q3 2021 highlights:

Total Revenue of $2,814,642 – growth of 47% compared to Q3 2020 Total Revenue of $1,919,973 and growth of 29% from revenue of $2,177,505 for the second quarter of 2021.
Gross Profit of $1,226,534 – growth of 34% compared to Q3 2020 Gross Profit of $914,657 and growth of 20% from Gross Profit of $1,024,333 for the second quarter of 2021.
Adjusted EBITDA of $265,984 compared to an adjusted EBITDA of $16,484 for Q2 2021.

We sat down with Kidoz Inc. Co-CEOs Jason Williams & Eldad Ben Tora to discuss their recently announced Programmatic Solution “Kidoz Connect”.

This new product release is a unique programmatic solution providing ‘review & monetize’ technology to enable open market ad sourcing at scale. Kidoz Connect enables any brand, agency or DSP to programmatically reach the Kidoz unique inventory of over 300 million users accessible in a fully COPPA/GDPR compliant manner, through a single point of integration.

This new technology could increase impressions sold by 3-5X.

Co-CEO Eldad Ben Tora commented,

“Kidoz Connect is currently live with select launch partners and we are actively developing and integrating a number of new sources that will together create the pipeline of programmatic ad campaigns available to Kidoz’s app publisher network. As Kidoz advances its multiple product offerings, new opportunities arise in the bountiful mobile advertising ecosystem that is projected by eMarketer to exceed over US$400 billion by 2023 (eMarketer). Kidoz is perfectly positioned with powerful technology in a booming market and management anticipates a record Q4 and 2022 ahead.”

Now sit back, relax and watch this powerful interview with Co-CEOs of Kidoz Inc.

Tags: ads, adtech, contextualtargeting, digital marketing, smallcap, smallcaps, stocks
Posted in AGORACOM Via Satellite, All Recent Posts, Kidoz | Comments Off on VIDEO – Kidoz New Programmatic Advertising Technology Could Increase Impressions Sold By 3-5X

VIDEO – Kidoz (KIDZ: TSXV) To Address The Lucrative Teens and Parents Segment of Soon To Be $400B Mobile Ad Market

Posted by AGORACOM-JC at 4:07 PM on Tuesday, September 21st, 2021

We sat down with Kidoz Inc. Co-CEOs Jason Williams & Eldad Ben Tora to discuss the entrance into lucrative teens and parents segment of soon to be $400 BILLION Mobile Ad Market.

We discuss:

New markets
Anticipated growth
Agencies that have already booked
+more

Q2 2021 highlights include:

Total Revenue of $2,177,505 – growth of 196% compared to Q2 2020 Total Revenue of $736,827.
AdTech revenue of $2,120,500 – growth of 247% compared to Q2 2020 AdTech Revenue $611,709.
Gross Profit of $1,024,333 – growth of 214% compared to Q2 2020 Gross Profit of $325,769.
EBITDA of $48,079 a 124% improvement from an EBITDA loss of ($197,057) in Q2 2020.

Sit back, relax and watch this powerful interview.

Tags: ads, adtech, contextualtargeting, digital marketing, smallcap, smallcaps
Posted in AGORACOM Via Satellite, Kidoz | Comments Off on VIDEO – Kidoz (KIDZ: TSXV) To Address The Lucrative Teens and Parents Segment of Soon To Be $400B Mobile Ad Market

VIDEO – KIDOZ Co-CEOs Talk Impressive Q2 Revenue Growth Up 196% To $2.18M

Posted by AGORACOM-JC at 4:03 PM on Tuesday, August 24th, 2021

Kidoz owns the biggest mobile advertising platform for kids and families. How big? There are almost 4,000 apps around the world using Kidoz, reaching over 300 MILLION kids. The company works with top brands, including Disney, McDonald’s, Hasbro, and Lego, and is a trusted partner of Apple and Google.

We sat down with Kidoz Inc. Co-CEOs Jason Williams & Eldad Ben Tora to discuss their stunning Q2 growth, and more.

Q2 2021 highlights include:

Total Revenue of $2,177,505 – growth of 196% compared to Q2 2020 Total Revenue of $736,827.
AdTech revenue of $2,120,500 – growth of 247% compared to Q2 2020 AdTech Revenue $611,709.
Gross Profit of $1,024,333 – growth of 214% compared to Q2 2020 Gross Profit of $325,769.
EBITDA of $48,079 a 124% improvement from an EBITDA loss of ($197,057) in Q2 2020.

Sit back, relax and watch this powerful interview.

Tags: ads, adtech, contextualtargeting, digital marketing, smallcap, smallcaps, stocks
Posted in AGORACOM Via Satellite, Kidoz | Comments Off on VIDEO – KIDOZ Co-CEOs Talk Impressive Q2 Revenue Growth Up 196% To $2.18M

VIDEO – Kidoz Inc. $KIDZ $KDOZF Co-CEOs Talk Stunning Q1 Growth, Unstoppable Business Model, & More

Posted by AGORACOM at 9:41 AM on Friday, June 4th, 2021

We sat down with Kidoz Inc. $KIDZ $KDOZF Co-CEOs Jason Williams & Eldad Ben Tora to discuss their explosive, unstoppable business model, their stunning Q1 growth, and more.

Total Revenue of $1,55M up 58%
AdTech revenue of $1,5M up 68%
2021 Gross Profit of $685,041 up 54%
2021 EBITDA of up 111%

Check out the full interview down below.

Tags: Ad Tech, adtech, Advertising, digital advertising, Kid's Marketing, Kidoz, mobile, mobile apps, SuperAwesome, video ads
Posted in Beyond The Press Release, Kidoz | Comments Off on VIDEO – Kidoz Inc. $KIDZ $KDOZF Co-CEOs Talk Stunning Q1 Growth, Unstoppable Business Model, & More

Good Life Networks $GOOD.ca Announces Return of Former Chief Financial Officer $TTD $RUBI $AT.ca $TRMR $FUEL

Posted by AGORACOM-JC at 8:30 AM on Monday, July 22nd, 2019

Announced that Mr. Andrew Osis will be returning as the Company’s Chief Financial Officer, effective July 22, 2019.
Mr. Osis will replace Konstantin Lichtenwald in this role.

Vancouver, British Columbia–(July 22, 2019) – Good Life Networks Inc. (TSXV: GOOD) (“GLN” or the “Company“), is pleased to announce that Mr. Andrew Osis will be returning as the Company’s Chief Financial Officer (“CFO“), effective July 22, 2019. Mr. Osis will replace Konstantin Lichtenwald in this role.

Mr. Osis previously served as interim CFO of GLN and was instrumental in the Company’s successful public listing. His experience includes Vice President-Global Banking at RBC Dominion Securities, Inc., and has been involved in more than $25 billion in transactions. Mr. Osis has also held positions with Peters & Company and Newcrest Capital where he focused on mergers, acquisitions, and equity and debt financings. Since leaving the investment banking business. Mr. Osis has served on numerous Boards of Directors, and as CEO and CFO of public and private organizations, covering technology, media and entertainment, energy and oilfield services, manufacturing, life sciences, and other sectors. Mr. Osis received an undergraduate degree from The Haskayne School of Business.

Jesse Dylan CEO of GLN commented, “We are delighted to have someone with Andrew’s extensive finance and public market experience and acumen re-join our company as GLN’s new CFO. Andrew was instrumental in guiding our company leading up to and including our initial public offering but unfortunately had to step down for family reasons. We are extremely happy to welcome him back. Andrew’s considerable financial management experience guiding RBC Dominion Securities and numerous publicly listed companies, track record of growth and strong leadership skills will add great value to GLN.”

Mr. Osis will return to his role as CFO taking over for Konstantin Lichtenwald, the Company’s current CFO. “Konstantin has been an integral part of the GLN team,” says Jesse Dylan CEO. We thank Konstantin for his hard work and commitment to excellence. Konstantin will remain at GLN as a strategic advisor and to assist Mr. Osis in the transition.”

The GLN Story

GLN’s patent pending technology is the engine that sits between advertisers and publishers. A highlight of GLN’s tech is that it does not collect PII (Personal Identifiable Information). Built for cross device video advertising: Mobile, In-App, Desktop and CTV (Connected Television) the GLN Programmatic Video Advertising Platform has among the lowest fraud rates of similar vendors in the industry. Advertisers make more money by reaching their target audience more effectively. GLN makes money by retaining a percentage of the advertiser’s fee.

GLN is headquartered in Vancouver, Canada with offices in Newport Beach and Santa Monica California, New York and UK and trades on the TSXV under the stock symbol “GOOD” and The Frankfurt Stock Exchange under the stock symbol 4G5. For further information on the Company, visit www.glninc.ca

[email protected]

CEO Jesse Dylan
604 265 7511

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Tags: adtech, CSE, digital advertising, stocks, tsx, tsx-v
Posted in Good Life Networks | Comments Off on Good Life Networks $GOOD.ca Announces Return of Former Chief Financial Officer $TTD $RUBI $AT.ca $TRMR $FUEL

Good Life Networks $GOOD.ca Signs MOU with Skyrocket Entertainment to Power Film Branded Gaming Content #adtech $TTD $RUBI $AT.ca $TRMR $FUEL

Posted by AGORACOM-JC at 8:18 AM on Wednesday, July 17th, 2019

Entered into a Memorandum Of Understanding with Skyrocket Entertainment, a gaming, film and media brand rights entity, to integrate its patent-pending video advertising technology into Skyrocket’s gaming platforms.
Skyrocket Entertainment is an exciting new venture cornering a gap in the market by migrating iconic Hollywood feature films and branded intellectual property rights into the worldwide gambling and social gaming sector.

Vancouver, British Columbia–(July 17, 2019) – Good Life Networks Inc. (TSXV: GOOD) (“GLN“, or the “Company“), a Vancouver-based programmatic advertising technology company, is pleased to announce that it has entered into a Memorandum Of Understanding (“MOU” or the “Agreement“) with Skyrocket Entertainment (“Skyrocket”), a gaming, film and media brand rights entity, to integrate its patent-pending video advertising technology into Skyrocket’s gaming platforms.

Skyrocket Entertainment is an exciting new venture cornering a gap in the market by migrating iconic Hollywood feature films and branded intellectual property rights into the worldwide gambling and social gaming sector. Skyrocket Entertainment recently acquired the international rights to 75 iconic feature films including Rambo 4, The Expendables and The Fallen franchise and is in negotiations with major Hollywood film studios on a further 100 films. Skyrocket will transform these world-renowned stories and characters into new gaming content and products for Social Money Gaming and Real Money Gaming such as Slots, Instant Games, bingo and lotto. The average online slot game delivers significant long-term revenue, which generates new revenue streams for moviemakers. Pursuant to the MOU, Skyrocket will work with GLN to implement the Company’s advertising technology into the worldwide online gaming sector, an industry valued at $52 billion this year.1

Jesse Dylan, CEO of GLN commented, “Skyrocket’s innovative and immersive approach to gaming is the perfect fit for GLN’s technology. This partnership will give GLN access to an exclusive audience coveted by today’s advertisers with gaming content focused and built around iconic Hollywood brands”

Skyrocket CEO, Sean O’Kelly, added: “We’re excited to be working with GLN and their pioneering technology on this innovative venture.”

Correction:

GLN also wishes to correct information published in the News Release dated May 10th, 2019 in which Matt Hopkins was announced as President of GLN. Mr. Hopkins’ correct title should have read President of GLN’s Mobile division.

About Skyrocket Entertainment:

Skyrocket Entertainment www.theskyrocket.co merges the film and media worlds with the Gaming Industry, creating more immersive games from film & media brands. Skyrocket Entertainment is a snappy content generator delivering via licensed and certified gaming platforms. Skyrocket’s USP is the attractiveness of using film and TV IP with established audiences, a team that knows how to build software to market regulation and services which standardise integrations to distributors, operators and their players.

The GLN Story

1: https://www.hollywoodreporter.com/news/online-gambling-rights-firm-skyrocket-acquires-millennium-film-content-1202528

Forward Looking Statements:

Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs regarding future events of management of GLN. This information and these statements, referred to herein as “forwardâ€looking statements”, are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management’s expectations and intentions with respect to the Company’s agreement with Skyrocket. These statements generally can be identified by use of forward-looking words such as “may”, “will”, “expect”, “estimate”, “anticipate”, “intends”, “believe” or “continue” or the negative thereof or similar variations.

These forwardâ€looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. Important factors that may cause actual results to vary include without limitation, risks relating to the success of the integration with Skyrocket’s platform, success of any film property customized and marketed in the gaming industry and general economic conditions or conditions in the financial markets or gaming industry.

In making the forwardâ€looking statements in this news release, the Company has applied several material assumptions, including without limitation that the agreement between GLN and Skyrocket will generate the results per GLN management’s expectations. GLN does not assume any obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements, unless and until required by applicable securities laws. Additional information identifying risks and uncertainties is contained in GLN’s filings with the Canadian securities regulators, which filings are available at www.sedar.com.

For further information, please contact: