Welcome to our dedicated page for Kidoz news (Ticker: KDOZF), a resource for investors and traders seeking the latest updates and insights on Kidoz stock.
Kidoz Inc. (KDOZF) is a global AdTech software company whose news flow centers on its privacy-first mobile advertising platform, financial performance, and capital markets activity. As the developer of the Kidoz Safe Ad Network and the Prado over-13 division, the company regularly issues updates on technology enhancements, audience reach, and how it serves children, teens, families, and general mobile gaming audiences.
On this page, readers can follow Kidoz Inc. news related to quarterly and half-year financial results, including unaudited condensed interim statements and management commentary on revenue trends, Adjusted EBITDA, and investment in technology, sales, and marketing. The company frequently discusses record revenue periods, changes in operating expenses, and its use of non-GAAP measures in conjunction with GAAP reporting.
News items also highlight product and platform developments, such as the launch of the Prado SDK for mobile app monetization and the introduction of the Kite IQ AI engine for contextual targeting. These announcements describe how Kidoz aims to support privacy-first advertising, comply with COPPA and GDPR-K, and enable brands to reach mobile gamers and app users without relying on personal data tracking.
Investors can also find corporate and capital markets updates, including Kidoz’s commencement of trading on the OTCQB Venture Market under the symbol KDOZF, engagement of a market maker to support liquidity, and participation in investor conferences. Governance and shareholder matters, such as notices and results of annual general meetings, equity incentive plan approvals, and stock option grants, are also covered in the company’s releases.
By reviewing the KDOZF news feed, users gain insight into how Kidoz manages growth in the AdTech sector, expands its technology stack, and communicates with regulators, shareholders, and brand partners. This page can be used as a central reference for historical and ongoing developments affecting Kidoz Inc. and its stock.
Kidoz Inc. announced the issuance of 1,300,000 stock options to all employees as part of an expanded incentive program. This move rewards staff for their contributions to the company's record growth in 2020 and aligns their interests with investors. The options have an exercise price of CAD$1.02 and vest over 50 months. Kidoz, a leader in child-safe mobile advertising, aims to attract talent amid competition from tech giants. The program is a strategic response to recruiting challenges in both Vancouver and Israel as demand for skilled professionals increases.
Kidoz Inc. has engaged Research Capital Corporation as its financial and capital markets advisor to enhance visibility and investor relations. This partnership aims to facilitate strategic growth, connect with potential investors, and increase market awareness. Kidoz will pay RCC CAD$6,500 monthly for six months, along with issuing 230,000 common shares and warrants at an exercise price of $0.98. This initiative supports Kidoz’s rapid growth in the kid-tech sector, engaging over 300 million children monthly through its Kid-Safe mobile network.
Kidoz Inc. reported impressive financial results for the year ended December 31, 2020, achieving total revenue of $7,148,029, a growth of 58% from $4,517,379 in 2019. The company turned around from a net loss of ($14,654,232) in 2019 to a profit of $103,971. EBITDA improved to $880,550. Kidoz's total current assets increased to $5,249,555, while working capital rose to $3,071,545. The company continues to expand its market reach, particularly in the mobile advertising sector for children.
Kidoz Inc. (KDOZF) has announced a partnership with TopOn, a leader in ad mediation technology, to integrate its kid-safe advertising system into TopOn's platform. This collaboration allows app developers to easily access Kidoz ads, which are compliant with COPPA and GDPR regulations and reach over 300 million children monthly. As parents prioritize child safety in advertising, Kidoz's network, trusted by brands like Disney and Mattel, aligns with current market needs. This partnership aims to enhance revenue opportunities for app developers globally.
Kidoz Inc. reported record financial results for the fourth quarter and fiscal year 2020, driven by significant user growth on its mobile platform. Q4 2020 revenues reached $3,507,250, a 83% increase from Q3 2020, while profits soared to $791,642, up 579%. The fiscal year 2020 showcased a 58% revenue growth to $7,148,029, with net income rising to $142,953 from a loss in 2019. The company’s cash position improved to $1,226,045 as of December 31, 2020. Kidoz attributes its success to increasing demand in mobile advertising and regulatory trends favoring its child-focused network.