Kidoz (TSE:KIDZ) has released an update.
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Kidoz Inc. faced a challenging fiscal year in 2023, experiencing a 12% decrease in total revenue, with a notable decline in Direct Ad Tech Advertising Revenue by 18%. However, the company saw a significant surge in Programmatic Ad Tech Advertising Revenue, which increased by 239%. Despite these mixed results, Kidoz Inc. remains optimistic about the future, as it continues to develop its technology and prepare for growth in mobile digital advertising targeting kids and families.
For further insights into TSE:KIDZ stock, check out TipRanks’ Stock Analysis page.