The strong revenue growth and profitability improvement reaffirm Kidoz's growth trajectory, though declining adjusted EBITDA suggests margin pressure. Watch Q1 2026 results for continued revenue acceleration and signs of operating leverage.
Price Chart
Executive Summary
Kidoz Inc. filed its annual 20-F for fiscal 2025, reporting strong 32% revenue growth to $18.4M and net income of $456,817, up from $353,140 in 2024. Cash increased 60% to $4.5M, and operating cash flow improved to $1.7M. However, adjusted EBITDA declined to $825,449 from $1,134,503, and the company continues to generate minimal EPS ($0.00).
Key Facts
- Revenue of $18,433,172, up 32% YoY from $14,004,527
- Net income of $456,817, up 29% from $353,140
- Cash and cash equivalents of $4,454,295, up 60% from $2,780,517
- Adjusted EBITDA of $825,449, down from $1,134,503
- Working capital improved to $5,080,637 from $4,219,588
- No debt and no dividend declared
Financial Impact
Revenue increased by $4.4 million; net income improved by $103,677; cash increased by $1.7 million
Risk Factors
- Customer concentration (two customers account for significant revenue)
- Regulatory changes (COPPA, GDPR) could impact operations
- Reliance on Apple and Google platforms
- Foreign exchange exposure from international operations
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 10 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 20-F Filing (Primary) | 0001493152-26-019626 |
| Exhibit: ex11.htm | 0001493152-26-019626 |
| Exhibit: ex12-2.htm | 0001493152-26-019626 |
| Exhibit: ex12-1.htm | 0001493152-26-019626 |
| Exhibit: ex8.htm | 0001493152-26-019626 |
| Exhibit: ex13-1.htm | 0001493152-26-019626 |
| Exhibit: ex13-2.htm | 0001493152-26-019626 |
| Document: 0001493152-26-019626-index-headers.html | 0001493152-26-019626 |
| Document: 0001493152-26-019626-index.html | 0001493152-26-019626 |
| Document: 0001493152-26-019626.txt | 0001493152-26-019626 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 9, 2026 18d ago | 6-K | $0.1100 | awaiting T+20 | — | $0.1100 (−0.00%) |
Oct 6, 2026 21d ago | 6-K | $0.1100 | awaiting T+20 | — | $0.1100 (−0.00%) |
Aug 26, 2026 8w ago | 6-K | $0.1100 $0.1000 | ▲ +9.09% | ▲ +8.99% | $0.1100 (+0.00%) |
May 20, 2026 22w ago | 6-K | $0.2000 $0.1600 | ▼ −20.00% | ▼ −20.74% | $0.1100 (−45.00%) |
May 12, 2026 24w ago | 6-K | $0.2000 $0.1500 | ▼ −25.00% | ▼ −23.27% | $0.1100 (−45.00%) |
Apr 29, 2026 25w ago | 20-F | $0.2200 $0.1600 | ▼ −27.27% | ▼ −32.50% | $0.1100 (−50.00%) |
Apr 24, 2026 26w ago | 6-K | $0.2300 $0.1700 | ▼ −26.09% | ▼ −31.04% | $0.1100 (−52.17%) |
Mar 30, 2026 30w ago | 6-K | $0.1800 $0.2300 | ▲ +27.78% | ▲ +15.18% | $0.1100 (−38.89%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers