Kidoz Inc. reports developments for a full-stack in-game advertising technology platform powered by contextual AI. The company focuses on privacy-first mobile game advertising, safe youth and family engagement, and broader all-ages campaigns through compliant, brand-safe environments that avoid personal data tracking.
Recurring updates cover audited and interim financial results, platform expansion, Kite IQ contextual intelligence, programmatic and direct brand sales activity, mobile advertising auction infrastructure, equity incentives, and sales leadership. Company news also addresses regulatory pressure on children's data, social media restrictions, and demand for compliant advertising channels in mobile gaming.
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.