Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Q4 highlights include total revenue growth of 109 per cent over Q3 2021 and a 409 per cent growth in EBITDA over Q3 2021
  • Fiscal 2021 highlights include total revenue growth of 74 per cent over fiscal 2020 and an $736,484 increase in adjusted EBITDA over fiscal 2020
  • Tarrnie Williams, Executive Chairman at KIDOZ sat down with Dave Jackson to discuss the company’s record results
  • Kidoz owns the leading COPPA & GDPR compliant contextual mobile advertising network that safely reaches hundreds of millions of kids, teens, and families
  • Kidoz Inc. (KIDZ) is currently trading at C$0.50 per share

Kidoz Inc (KIDZ) has announced its unaudited financial results for Q4 and fiscal 2021.

Financial highlights from the fourth quarter of 2021 include:

  • Total revenue of $5,883,484 – growth of 109 per cent over Q3 2021
  • Profit of $990,302 – an increase of $1,065,342 over a loss of $75,040 in Q3 2021
  • Adjusted EBITDA of $1,353,442 – growth of 409 per cent over Q3 2021.

Financial highlights from fiscal 2021 include:

  • Fiscal 2021 total revenue of $12,433,573 – growth of 74 per cent over fiscal 2020
  • Fiscal 2021 GAAP Profit of $23,141, compared to $103,971 in fiscal 2020
  • Fiscal 2021 Adjusted EBITDA of $1,507,720 compared to $771,236 in fiscal 2020

Tarrnie Williams, Executive Chairman at KIDOZ sat down with Dave Jackson to discuss the company’s record results.

Kidoz owns the leading COPPA & GDPR compliant contextual mobile advertising network that safely reaches hundreds of millions of kids, teens, and families. Kidoz has developed advanced contextual targeting tools to enable brands to reach their ideal customers with complete brand safety.

Kidoz Inc. (KIDZ) opened trading at C$0.50 per share.

More From The Market Herald

" Top 5 Stories of the Week: Saturn Oil & Gas (TSXV:SOIL), Trillion Energy (CSE:TCF), Siyata Mobile (NASDAQ:SYTA), Collective Mining (TSXV:CNL), Blackrock Silver (TSXV:BRC)

The downturn in the markets this week could benefit from some context.

" Top 5 Stories of the Week: Givex Information Technology Group (TSX:GIVX), Nextech AR Solutions (CSE:NTAR) (OTCQB:NEXCF), Else Nutrition (TSX:BABY), Banyan Gold (TSXV:BYN), Trillion Energy (CSE:TCF)

One dilemma facing investors in the stock market is whether to increase, decrease or suspend their investment when inflation is continuously rising.

" Micromem Technologies (CSE:MRM) closes private placement

Micromem Technologies (MRM) has closed a private placement for gross proceeds of $282,000.
PyroGenesis - Vice President of Sales, Massimo Dattilo.

" PyroGenesis (TSX:PYR) completes titanium powder order from Aubert & Duval

PyroGenesis (PYR) has completed a 100 kg titanium powder order from Aubert & Duval.