KIDOZ Hits Record $12.4M Revenues & Profits In 2021 … 75% Increase 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 Kidoz Inc. Announces Record Full Year 2021 Financial Results

We sat down with Kidoz Inc. Co-CEO Jason Williams to discuss their recently announced financial results.

Select Fiscal 2021 highlights:

• Total Revenue of $12,475,480 an increase of 75% over fiscal 2020 Total Revenue of $7,148,029
• Ad Tech Advertising Revenue of $12,243,866 an increase of 81% over Ad Tech Advertising Revenue of $6,748,064 for fiscal 2020.
• Adjusted EBITDA of $1,507,951 compared to Adjusted EBITDA of $771,236 in fiscal 2020

Jason Williams, Kidoz Co-CEO stated:

"Fiscal 2021 saw Kidoz's growth, profitability, and revenues reach new heights… The Company’s continued and increasing pace of growth is attributed to potent market and consumer forces both from the wider digital economy and also specific to the Kidoz niche of private, safe, and contextual advertising. One of the key factors driving growth is the ever increasing dominance of mobile usage and mobile entertainment across all age groups. Mobile is consumers’ preferred choice for entertainment and Kidoz provides a safe and high performance platform to reach hundreds of millions of consumers on their mobile devices."

KIDOZ IS A GLOBAL PLAYER

Eldad Ben Tora, Kidoz Co-CEO stated:

"We continue to invest heavily into our systems and technology to increase our network reach and solidify our position as the market leader. The latest Kidoz technology that was released in 2021 has the power to further increase our growth rate and fill the billions of impressions exposed monthly on the Kidoz network. The most powerful new product is Kidoz's COPPA compliant programmatic technology solution: Kidoz Connect. Kidoz Connect creates a safe pipeline of advertising sources to be connected to the Kidoz Contextual Ad Network and funneled to the thousands of apps currently utilizing Kidoz monetization technology. Kidoz has also developed new tools for enabling the growth of performance campaigns and the Company has now expanded its offering to include both the teens (13-19) and parents’ markets. Kidoz finished 2021 with exception growth, and we've carried that momentum into 2022 as we look to expand our market share and increase our rate of growth in 2022."

Now sit back, relax and watch this powerful interview with Co-CEOs of Kidoz Inc.