TSXV:KIDZ - Post Discussion
Kidoz Inc
> KIDZ could benefit from the new COPPA 2.0 regulations
Post by
sdhaka on Sep 04, 2024 6:52pm
KIDZ could benefit from the new COPPA 2.0 regulations
Hello fellow investors,
Kidoz saw a 50% share price drop after Q2 revenue fell 12% YoY, largely due to lower-than-expected ad spending. However, the market might be overreacting. Despite the revenue dip, Kidoz improved its gross margins and EPS. Digital ad spending is expected to recover in Q4, and management is forecasting record revenues.
KIDZ could benefit from the new COPPA 2.0 regulations, which create a more favorable environment for their kid-friendly advertising platform. The stock is trading at a 74% discount to sector averages, presenting a potential entry point.
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