Kidoz (TSE:KIDZ) has released an update.
Kidoz Inc. has reported a significant increase in Q4 revenue to $6,030,546, marking a 115% growth from the previous quarter, with a notable profit turnaround to $308,070 after a loss in Q3. Despite a slower end to the quarter and a challenging market environment, the company remains optimistic with its unique child-safe mobile advertising platform and expects to continue growing in 2024 due to increasing legislative focus on online child privacy. Additionally, Kidoz is reinforcing its commitment to employees and directors through stock option grants as part of its compensation strategy.
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