reports
- Sid Rajeev
Record Revenue and Return to Profitability
Kidoz Inc. (TSXV:KIDZ / OTC:KDOZF) reported record FY2024 revenue of $14M, up 5% YoY, with Q4 surging 23% to $7M, the highest in company history. Gross margins rose to 54%, and EBITDA, EPS, and free cash flow turned positive, marking the first positive EPS since 2020. Stricter COPPA 2.0 regulations are expected to drive advertisers to Kidoz’s kid-friendly platform. Despite global ad spend concerns, Kidoz is modeled for 13% revenue growth in 2025, trading at a 28% discount to peers.
- Sid Rajeev
Record-Breaking Q4 Blows Past Our Expectations
KIDZ stock surged 100% since Q3 2024, with Q4 revenue hitting a record $7.4M, up 23% YoY, beating estimates by 22%. Gross margins rose to 56%, and EPS soared 489% to $0.015, exceeding forecasts. Despite a 10% YoY revenue drop in 2024 (9M), KIDZ outperformed industry giants like YouTube and Meta in Q4. Trading at a 55% discount to peers, KIDZ is poised for growth in 2025, aided by COPPA 2.0 regulations favoring kid-focused ad platforms.
- Sid Rajeev
Efficiency Outweighs Revenue Headwinds
KIDZ.V (TSX) / KDOZF (NASDAQ) Q3-2024 Highlights. Revenue fell 19% YoY, missing estimates by 9%, but EPS improved due to higher margins and cost reductions. KIDZ is poised to benefit from stricter ad regulations like COPPA 2.0 and aims to expand its audience with Prado, a new ad platform for teens and parents. With a strong Q4 rebound expected and trading at a 72% discount to peers (EV/R 0.9x vs 3.03x), KIDZ shows potential for long-term growth. Read the full report for insights.
- Sid Rajeev
Market Overreaction to Q2 Presents Attractive Entry Points
Kidoz Inc. (TSXV: KIDZ / OTC: KDOZF) reported a 12% year-over-year decline in Q2 revenue, missing estimates due to lower ad spending. Despite the revenue drop, the company improved its EPS, driven by higher gross margins and reduced G&A expenses. Major digital ad platforms also experienced slower growth in Q2. However, ad spending is expected to rise in Q4, supported by cooling inflation and potential rate cuts. Kidoz is expected to benefit from new U.S. COPPA 2.0 regulations, which could drive ...
- Sid Rajeev
EPS Surprise: Expected Profitability Ahead of Schedule - Kidoz Inc.(TS...
Kidoz Inc. (TSX-V: KIDZ) reported mixed results for Q1 2024. While revenue fell short of expectations, the company exceeded profit estimates due to higher gross margins. The lower revenue is attributed to weaker-than-anticipated ad spending compared to industry giants like YouTube and Meta. However, Kidoz expects stronger revenue growth for the rest of the year, buoyed by the projected rise in global digital ad spending. The company revised its 2024 revenue growth forecast downward but now antic...
- Sid Rajeev
Exploring AdTech's Bright Future: Kidoz Inc.'s Vision for 2024
This report not only explores Kidoz’s current standing but also forecasts the promising trends expected to boost the digital advertising space. Join us as we unveil the opportunities that Kidoz is poised to capture in this dynamic market environment.
- Sid Rajeev
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