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Kidoz Inc V.KIDZ

Alternate Symbol(s):  KDOZF

Communication Services
Kidoz Inc. is a mobile advertising technology (AdTech) developer and owner of Kidoz Contextual Ad Network (www.kidoz.net), the Kidoz Publisher SDK and the Kidoz COPPA Privacy Shield. The Company’s focus is to keep children safe in the complex digital advertising ecosystem. It owns the children's online privacy protection rule (COPPA) and general data protection regulation (GDPR) compliant contextual mobile advertising network that safely reaches hundreds of million kids, teens, and families every month. It provides a suite of advertising technology that unites brands, content publishers and families. The Kidoz Contextual Ad Network helps brands to safely reach and engage kids across thousands of mobile apps, Websites and video channels. Prado Inc. (www.prado.co), a subsidiary of the Company, is based on the Kidoz technology and provides a mobile SSP (Supply-side Platform), DSP (Demand-side Platform) and Ad Exchange platform to brand advertisers across a variety of industries.


TSXV:KIDZ - Post by User

Kidoz Inc
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Post by JasleenDhakaon Mar 01, 2023 2:32pm
169 Views
Post# 35313154

Kidoz announces preliminary/unaudited 2022 revenue and EPS!

Kidoz announces preliminary/unaudited 2022 revenue and EPS!

Kidoz Inc./ TSXV: KIDZ: Announces preliminary/unaudited 2022 revenue and EPS

Our analyst opinion:  2022 revenue was up 14% YoY, but 7% lower than our estimate, due to softer ad spending. Due to increased sales/marketing/R&D expenses, net losses increased YoY from $0.2M to $1.4M, vs our forecast of $0.4M in net profit. We note that KIDZ reported YoY revenue growth in Q4-2022, when most ad-based tech companies reported revenue declines.

Read our Weekly Industry Insights for more: https://www.researchfrc.com/our-near-term-outlook-for-the-us-and-metal-prices/

*FRC provides issuer-paid coverage.
*Past performance is not indicative of future results.

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