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

1. Total Revenue of $5,883,484 - growth of 109% over $2,814,642 in Q3
2. Profit of $990,302, an increase of $1,065,342 over a loss of ($75,040) in Q3
3. 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:

1. Total Revenue of $12,433,573 - growth of 74% over 2020 Revenue of $7,148,029.
2. 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.