Kidoz Inc. Achieves Record Q4 2024 Revenue and Profit

Kidoz Inc., a leader in mobile AdTech, has announced its Q4 2024 financial results, boasting record revenue of $7,444,505. This marks a 23% increase compared to Q4 2023. The company also reported a pre-tax profit of $2,023,920, demonstrating significant growth over the previous year.

Sales and marketing expenses rose by 56%, attributed to enhanced brand relations. Additionally, non-capitalized R&D expenditures increased by 36%, supporting the company's technical advancements. General and administrative costs also saw a 14% increase during this period.

Kidoz's accomplishments in 2024 are credited to their strategic focus on programmatic capabilities and contextual targeting AI, positioning them for continued growth. The company ended the year with $2,780,517 in cash and a working capital of $4,289,737, signifying a robust financial standing.