Kidoz Inc (KIDZ) AI Stock Analysis

• Market Cap: C$43.33M
• Dividend Yield: N/A
• Average Volume (3M): 8.46K
• Price to Earnings (P/E): 78.6
• Beta (1Y): 0.60
• Revenue Growth: -9.92%
• EPS Growth: 38.07%
• Country: CA
• Employees: 46
• Sector: Consumer Cyclical
• Sector Strength: 67
• Industry: Advertising Agencies
• EPS (TTM): <0.01
• Shares Outstanding: 131,304,500
• 10 Day Avg. Volume: 18,671
• 30 Day Avg. Volume: 8,465
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 0.34
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: 7.69
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$0.65
• Price Target Upside: 103.13% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

Kidoz Inc's overall stock score is driven by significant financial challenges, including declining revenues and liquidity issues. While technical analysis shows positive momentum, the company's valuation remains unattractive due to unprofitability. Improving financial performance is crucial for future growth.

Kidoz Inc Business Overview & Revenue Model

Company Description

Kidoz Inc (KIDZ) operates in the digital advertising and mobile entertainment sectors, specializing in safe digital environments for children. The company provides a mobile advertising platform that connects content creators, app developers, and advertisers with a young audience in a safe and compliant manner. Kidoz's core services revolve around curating and delivering kid-friendly digital content and advertisements across mobile apps and web platforms.

How the Company Makes Money

Kidoz Inc generates revenue primarily through its mobile advertising platform. The company earns money by facilitating targeted advertising campaigns directed at children, delivering these ads within apps and digital environments that are part of their network. Key revenue streams include advertising fees from brands and developers who pay to have their content promoted on Kidoz's platform. The company has established partnerships with app developers and content creators, enabling them to expand their reach and offer a wider network of apps for advertisers. Compliance with child protection laws and maintaining a safe advertising environment are crucial factors contributing to Kidoz's business model, ensuring trust from both parents and advertisers.

Kidoz Inc Financial Statement Overview

Summary

Kidoz Inc faces profitability and liquidity challenges with declining revenues, negative margins, and cash flow deficiencies. Despite a strong equity position, the company needs to improve operational efficiency and revenue growth.

Income Statement

Kidoz Inc has experienced declining revenue with a negative revenue growth rate from previous periods. Gross Profit Margin has decreased in the recent TTM period, and the company has been operating at a net loss with negative EBIT and EBITDA margins. These indicate challenges in profitability and cost management.

Balance Sheet

The company's balance sheet shows a strong equity position with no total debt, leading to a favorable debt-to-equity ratio. However, the declining return on equity and equity ratio highlight some potential risks in asset management and profitability.

Cash Flow

Cash flow analysis shows negative free cash flow and operating cash flow, indicating liquidity challenges. The ratio of operating cash flow to net income has been unfavorable, reflecting inefficiencies in converting net income into cash.

Breakdown
Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
13.33M	15.10M	12.48M	7.15M	4.52M
	Gross Profit
1.93M	5.12M	5.33M	3.35M	1.74M
	EBIT
-4.32M	-1.38M	35.74K	14.87K	-1.66M
	EBITDA
-1.47M	-792.04K	642.13K	579.50K	-919.94K
	Net Income Common Stockholders
-2.01M	-1.35M	-190.32K	103.97K	-14.65M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.47M	2.36M	2.08M	1.23M	967.21K
	Total Assets
11.81M	14.39M	13.93M	10.97M	9.79M
	Total Debt
7.61K	83.85K	121.31K	151.01K	127.61K
	Net Debt
-1.46M	-2.28M	-1.96M	-1.08M	-839.60K
	Total Liabilities
4.61M	5.70M	4.57M	2.30M	1.38M
	Stockholders Equity
7.19M	8.69M	9.35M	8.67M	8.41M
Cash Flow		Free Cash Flow
-832.35K	410.94K	843.38K	228.29K	-1.22M
	Operating Cash Flow
-823.64K	433.75K	851.53K	256.98K	-1.21M
	Investing Cash Flow
-8.71K	-26.53K	-384.00	-21.54K	130.61K
	Financing Cash Flow
-61.95K	-122.29K	1.41K	23.39K	1.41M

Kidoz Inc Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.32
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:KIDZ, the sentiment is Positive. The current price of 0.32 is above the 20-day moving average (MA) of 0.24, above the 50-day MA of 0.25, and above the 200-day MA of 0.17, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 76.13 is Negative, neither overbought nor oversold. The STOCH value of 91.45 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:KIDZ.

Kidoz Inc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BRAG	70 Outperform	C$141.13M	―	-7.16%	―	10.79%	-30.99%
WISH	66 Neutral	C$11.25M	―	-9.13%	―	0.26%	-74.45%
Sector *	60 Neutral	$6.86B	11.74	3.14%	4.15%	2.37%	-21.95%
KIDZ	56 Neutral	C$43.33M	78.57	5.32%	―	-9.92%	38.07%
TGO	48 Neutral	C$22.80M	―	-119.27%	―	0.50%	0.06%