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on KIDOZ Inc. (CVE:KIDZ)

Kidoz Inc. Reports Significant Q3 Revenue Growth

Kidoz Inc., a global AdTech platform, announced record Q3 revenue of USD $3,666,521, marking a 60% increase compared to Q3 2024. CEO Jason Williams highlighted the progress toward sustained profitability, with revenues enhanced by new system features optimizing campaign delivery. The company's strategy focuses on preparing technology for the crucial holiday period to maximize fourth-quarter revenues.

Financial highlights reveal a gross profit of $1,877,511, up 48% from the previous year. While operating expenses rose by 23% to $1,983,236, the net loss improved to ($177,711) from ($406,284) in Q3 2024. The adjusted EBITDA showed an enhancement of nearly 64% compared to last year.

Williams emphasized strong relationships with brand advertisers, boosting media investments in Kidoz post-tariff uncertainties. Looking ahead, the company is optimistic about achieving annual profitability driven by strategic advertising partnerships and platform upgrades.

R. E.

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