Kidoz (TSE:KIDZ) has released an update.
Kidoz Inc. faced a challenging fiscal year in 2023, experiencing a 12% decrease in total revenue, with a notable decline in Direct Ad Tech Advertising Revenue by 18%. However, the company saw a significant surge in Programmatic Ad Tech Advertising Revenue, which increased by 239%. Despite these mixed results, Kidoz Inc. remains optimistic about the future, as it continues to develop its technology and prepare for growth in mobile digital advertising targeting kids and families.
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