Report Highlights

  • KIDZ released its audited FY2024 financials yesterday, which were in line with the preliminary unaudited figures announced in February. As there were no material surprises, we are not comparing the results with our previous projections in this report. Please review our February 2025 update for those comparisons.
  • 2024 revenue rose 5% YoY to $14M, driven by multiple global advertising campaigns launched on the KIDZ platform in Q4. Notably, Q4 revenue jumped 23% YoY to $7M, marking the highest quarterly revenue in the company’s history.
  • Gross margins increased 17 pp YoY to 54%. EBITDA, EPS, and free cash flow turned positive. This marks the first positive EPS since 2020. 
  • We believe stricter ad regulations recently introduced by  COPPA 2.0 in the U.S., will push advertisers toward companies like KIDZ, which specialize in kid-friendly advertising.