THE LEADING COPPA & GDPR COMPLIANT CONTEXTUAL MOBILE NETWORK
SAFELY REACHES HUNDREDS OF MILLION KIDS, TEENS, AND FAMILIES EVERY MONTH
Message: VIDEO – Kidoz (KIDZ: TSXV) Co-CEOs Talk Impressive Revenue Growth of 47% For Q3-21
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.
We sat down with Kidoz Inc. Co-CEOs Jason Williams & Eldad Ben Tora to discuss 47% Revenue Growth in Q3 2021 Results.
Select Q3 2021 highlights:
- Total Revenue of $2,814,642 - growth of 47% compared to Q3 2020 Total Revenue of $1,919,973 and growth of 29% from revenue of $2,177,505 for the second quarter of 2021.
- Gross Profit of $1,226,534 - growth of 34% compared to Q3 2020 Gross Profit of $914,657 and growth of 20% from Gross Profit of $1,024,333 for the second quarter of 2021.
- Adjusted EBITDA of $265,984 compared to an adjusted EBITDA of $16,484 for Q2 2021.
What did Eldad Ben Tora, Company Co-CEO have to say?
"Kidoz management is excited to release another quarter of strong revenue and adjusted EBITDA growth. The market forces powering our strategy continue to increase in strength as the enormous mobile advertising industry pivots towards contextual targeting which is at the core of Kidoz' technology. Advertisers, on a global basis, are shifting budgets to mobile advertising as television's reach continues its sharp decline. As global data and privacy regulations continue to be enacted and Apple and Google advance the security and privacy of their platforms, Kidoz benefits as our offering is completely aligned with data security and offers privacy to all those who adopt or engage with our products."
Jason Williams, Kidoz Co-CEO also chimed in:
"The Kidoz system continues to grow in scale and has seen an increased rate of adoption amongst app developers. Kidoz is the contextual ads market leader with more than double the SDK installs over the next competitive network. As we continue to advance our products we increase the value that we can provide to our advertisers and publishers and further increases our growth. The Kidoz programmatic technology is live and actively filling publisher inventory with campaigns safely sourced from the programmatic marketplace. As Kidoz advances its multiple product offerings, new opportunities arise in the bountiful mobile advertising ecosystem that is projected by eMarketer to exceed over US$400 billion by 2023 (eMarketer). Kidoz is perfectly positioned with powerful technology in a booming market and management anticipates a record Q4 ahead."
Sit back, relax and watch this powerful interview.
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