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VIDEO - Kidoz Record Revenue Of $USD 2.5M In Q2. Ad Growth Outpaces Google, Snapchat and HULU. Reaffirms Guidance Of $19 - $21M.
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, teens, and families.
The company works with top brands, including:
Disney
McDonald’s
Hasbro
Lego
…… and is a trusted partner of Apple and Google.
More than just lip service, $KIDZ success can be seen in its annual revenue growth:
2017 $1.9M
2018 $3M
2019 $4.5M
2020 $7.1M
2021 $12.4M + 74%
2021 Gross Profit $685k + 54%
2021 Adjusted EBITDA of $1.35M + 409% over Q3
Now $KIDZ has announcedKidoz Inc. Revenue Growth Continues in Q2 2022 with Revenue of $2,513,613 representing growth of 15.7% compared to Q2 2021 … which smashed industry benchmarks including Google that grew ~ 13% and let’s not even talk about the decimation at $SNAP & $HULU thanks to a global economic collapse in Q2.
Moreover $KIDZ is reaffirming full year revenue guidance of $19M - $21M which would represent growth of approximately 60% over 2021.
What did Jason Williams, Kidoz CEO have to say?
"Our visibility into revenue and EBITDA going forward is good, therefore, we continue to provide 2022 revenue guidance of $19M to $21M, which represents approximately 60% year over year growth, and we expect 2022 Adjusted EBITDA to be positive and maintain our profitable Adjusted EBITDA for the third year in a row."
Now sit back, relax and watch this powerful interview.
