Kidoz (KIDZ) Q2 2025 earnings summary

Executive summary

• Achieved record H1 2025 revenue of $5.17M, up 21% year-over-year, driven by increased advertiser demand and expanded technology investment.

• Accelerated marketing and sales expenditures to capture AdTech market growth, with a focus on privacy-first, high-performance mobile advertising.

• Positioned for continued growth in H2 2025, with advertisers returning after U.S. tariff-related headwinds in Q2.

Financial highlights

• H1 2025 revenue: $5,168,519 (+21% YoY); Q2 2025 revenue: $2,430,216 (-2% YoY).

• H1 2025 net loss after tax: ($1,111,340) vs. ($1,105,233) in H1 2024; Q2 2025 net loss: ($1,171,482) vs. ($385,650) in Q2 2024.

• H1 2025 operating expenses: $4,025,174 (+23% YoY); Q2 2025 operating expenses: $2,483,485 (+53% YoY).

• Cash at June 30, 2025: $2,426,807; working capital: $3,280,285.

• Negative free cash flow improved to ($346,020) in H1 2025 from ($742,642) in H1 2024.

Outlook and guidance

• Management expects continued growth in H2 2025, citing increased advertiser budgets and enhanced platform capabilities.

• Strategic reinvestment in technology and marketing to capitalize on privacy-first regulation, programmatic growth, and mobile gaming expansion.