Kidoz Inc.
YouTube & Meta's Q1 Ad Surge Signals Bright Prospects for 2024
Published: 4/30/2024
Author: FRC Analysts
![YouTube & Meta's Q1 Ad Surge Signals Bright Prospects for 2024 - Main Image](/_next/image?url=https%3A%2F%2Ffrc-backend.s3.ca-central-1.amazonaws.com%2Fpictures%2Fb92d4d36-61b7-4ddf-a92b-eafd19b5e898-Kidoz-banner.webp&w=1080&q=75)
Sector: AdTech | Industry: Advertising
Ticker Symbols:
KIDZ.V - TSX 🔹
KDOZF - NASDAQ 🔹
Rating and Key Data
Metrics | Value |
---|---|
Current Price | CAD $0.23 |
Fair Value | CAD $0.74 |
Risk | 4 |
Week Range | CAD $0.10-0.36 |
Shares O/S (M) | 131 |
Market Cap. (M) | CAD $30 |
Current Yield (%) | N/A |
P/E (forward) | N/A |
P/B | 4.2 |
- In 2023, revenue dropped 12% YoY, falling 8% below our estimate due to clients delaying or not renewing ad campaigns.
- However, gross margins were very close to our estimate, and G&A expenses were 4% lower than our estimate.
- EPS declined YoY, from -$0.01 to -$0.02, falling short of our estimate of -$0.01.
Rating and Key Data
Metrics | Value |
---|---|
Current Price | CAD $0.23 |
Fair Value | CAD $0.74 |
Risk | 4 |
Week Range | CAD $0.10-0.36 |
Shares O/S (M) | 131 |
Market Cap. (M) | CAD $30 |
Current Yield (%) | N/A |
P/E (forward) | N/A |
P/B | 4.2 |