Kidoz Reports Wider Q1 Loss Amid Hiring, AI Infrastructure Investments
Kidoz (KDOZ.V) after the close Tuesday reported a widened loss despite higher revenue as the company continued to invest in hiring and organizational development.The advertising platform said its pre-tax loss widened to US$814,564 in the first quarter, from a pre-tax loss of US$10,317 in the year-ago period. The increase in loss reflected "continued investment in strategic hiring, infrastructure expansion, and organizational development initiatives," the company said.Total revenue for the quarter rose to US$2.95 million from US$2.74 million a year earlier."Kidoz delivered another solid quarter, reporting year-over-year revenue growth and strong momentum that led to record March revenues," said chief executive Jason Williams. "The quarter reflected intentional investment across sales expansion, AI infrastructure, and organizational development. These strategic investments are foundational to advancing our leadership in contextual AI and privacy-first mobile gaming advertising, and we believe they position the Company well to capitalize on the opportunities we see emerging through the balance of 2026 and beyond, although market conditions and execution factors may influence the pace and extent of those opportunities."Shares of the company closed down C$0.01 to C$0.23 on TSX Venture Exchange.
