Kidoz Generates $USD 13.3M Revenue In '23, Record Revenue Expected In '24

If you believe in the future of digital advertising - and you should because 50% of TV advertising has shifted to digital and continues to accelerate - then Kidoz (KIDZ: TSXV) is worth discovering. 

 

Why? Because Kidoz is the absolute leader in child-safe mobile advertising reaching millions of kids, teens, and families each month.

 

Just How BIG Are We Talking?

 

Kidoz powers nearly 5,000 apps worldwide, reaching over 400 MILLION kids, teens, and families monthly.

Working With Top Brands

• Disney
• McDonald’s
• Hasbro
• Lego
• Trusted Partner of Apple & Google

In the realm of mobile AdTech, Kidoz Inc. shines with its 2023 financial report. Despite market challenges, 2023 annual revenues hit USD $13.3 million. 

Highlights include: 

• Total Revenue: Kidoz recorded revenues of $13,326,824 in 2023
• Programmatic Revenue Surge: A standout achievement in 2023 was the 239% increase in programmatic ad revenue, highlighting a shift towards more dynamic, automated ad placements.
• Investment in R&D and Marketing: The company boosted its R&D and marketing spend, preparing for future growth and diversification into new demographic segments including teens and families.
• Strategic Staffing and Partnerships: Kidoz expanded its workforce and forged seven new sales partnerships globally, aiming to enhance its market reach and operational capacity.

"Historically, large, kids-focused brands reached consumers through traditional media channels utilizing television, radio, and print to communicate their messages. In the rapidly evolving landscape of digital advertising, Kidoz is at the forefront of transforming how major brands connect with their youngest audiences by enabling their message to reach their audience, contextually and safely via mobile digital devices." Jason Williams, Kidoz CEO.

Kidoz’s stellar 2023 performance confirms its leadership in child-safe mobile advertising. Watch this compelling interview with Jason Williams, Kidoz Inc CEO.