VIDEO – Kidoz Record Quarterly Revenue Growth Continues with Q3-22 Revenue of Over $3.5M USD
posted on
Nov 16, 2022 10:34AM
Revenue of OVER US$6 Million in Q4 2023
Kidoz KIDZ: TSXV / KDOZF: OTC 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
And NOW… Extending Media Offering to Teens and Parents Markets
Working with top brands including
Disney
Revenues / Growth
WHY? Kids Abandon TV
KIDS SEE THEIR ADS ON MOBILE
MARKET
MARKET (GENERAL)
Mobile advertising market is forecast to exceed $400 billion in 2026, exhibiting a growth rate of 32.5% according to Fortune Business Insights.
The company just released their Q3 revenues and the numbers speak for themselves.
Highlights:
What’s driving this revenue growth?
The company has strong underlying system growth for both users and publishers that are accessing the Kidoz technology. Media budgets continue to shift from linear TV to digital platforms like Kidoz as brands seek to engage their customers where families spend most of their screen time. In addition, regulation at the government level is positively influencing growth of the KIDOZ Safe Ad Network. COPPA in America and GDPR in Europe have forced advertisers and publishers to ensure their data and advertising methodologies are safe. Regulators in America are updating COPPA to further enhance child safety online, and regulators in China, India and other regions are enacting similar measures. As Kidoz is fully compliant, the Company benefits from all child-safe advertising regulations.
Want to learn more?
Watch this powerful interview with Jason Williams, Chief Executive Officer of Kidoz Inc.