Business
Kidoz Inc. Reports Record Revenue of USD $18,433,172 (CAD $25,761,870) and Net Income of USD $456,817 (CAD $638,439) in Fiscal 2025
VANCOUVER, BC / ACCESS Newswire / April 29, 2026 / Kidoz Inc. (TSXV:KDOZ)(OTCQB:KDOZF) (the "C...
About this update from Kidoz Inc
[{"type":"text","content":"Kidoz Inc. Reports Record Revenue of USD $18,433,172 (CAD $25,761,870) and Net Income of USD $456,817 (CAD $638,439) in Fiscal 2025VANCOUVER, BC / ACCESS Newswire / April 29, 2026 / Kidoz Inc. (TSXV:KDOZ)(OTCQB:KDOZF) (the \"Company\"), a full-stack in-game AdTech platform powered by contextual AI, announced today its audited financial results for the year ended December 31, 2025. All amounts are presented in United States dollars and are in accordance with United States Generally Accepted Accounting Principles.Financial highlights from fiscal 2025 include:Total Revenue of $18,433,172, an increase of 32% over fiscal 2024 Total Revenue of $14,004,527.Operating expenses of $8,492,872, an increase of 22% from $6,977,776 in fiscal 2024.Sales and marketing expenditure of $1,876,296, an increase of 28% from $1,465,833 in fiscal 2024.Salaries & wages of $814,213, an increase of 31% from $622,394 in fiscal 2024.Non-Capitalized R&D expenditures of $4,559,227, an increase of 32% from $3,445,018 in fiscal 2024.G&A expenditures of $693,923, an increase of 1% from $689,407 in fiscal 2024.Net income after tax of $456,817, an increase of 29%, from net income after tax of $353,140 in fiscal 2024.Cash of $4,454,295 and working capital of $5,080,637 as at December 31, 2025, compared to cash of $2,780,517 and working capital of $4,219,588 as at December 31, 2024.Net cash provided by operating activities of $1,705,665, an increase of 31% from net cash provided by operating activities of $1,305,230 in fiscal 2024.\"2025 was a year of strong revenue growth and continued investment in the Company's technology and infrastructure,\" said Jason Williams, CEO of Kidoz Inc. \"We expanded our platform capabilities, increased our global reach, and strengthened our position in high-performance mobile advertising without using personal data tracking. These investments are designed to support continued growth and scalability in the years ahead.\"Kidoz's financial performance continues to reflect the scalable nature of its platform, with revenue growth outpacing operating expense growth and supporting positive operating leverage. As the Company expands its global reach and monetization capabilities, incremental revenue is expected to contribute at increasing levels to operating income over time. Management remains focused on balancing disciplined inv...