Kidoz (TSE:KIDZ) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Kidoz Inc. has reported a significant increase in Q4 revenue to $6,030,546, marking a 115% growth from the previous quarter, with a notable profit turnaround to $308,070 after a loss in Q3. Despite a slower end to the quarter and a challenging market environment, the company remains optimistic with its unique child-safe mobile advertising platform and expects to continue growing in 2024 due to increasing legislative focus on online child privacy. Additionally, Kidoz is reinforcing its commitment to employees and directors through stock option grants as part of its compensation strategy.
For further insights into TSE:KIDZ stock, check out TipRanks’ Stock Analysis page.