Q&A with Jason Williams of Kidoz

The Kidoz business strategy is a success and the Company has hit an inflection point in its growth and financial performance. Kidoz revenue in Q4 2019 was $2,000,000, more than 100% higher than Q2 2019. Kidoz’s working capital position is also strong with more than $2,500,000 on the balance sheet.

Kidoz desires financing to fund its growth and cash flow requirements, not to perfect its business strategy. Advertising payments by large groups such as Lego and Mattel come slowly (120 - 150 days) and Kidoz must make payments to its app partners on 60 day terms. This situation creates a funding gap that creates a requirement for cash in-flows during times of high growth.

The Kidoz Bond is the Company’s 5-year convertible debenture offering that pays annual interest of 7% (paid quarterly). Holders of the Kidoz Bond will have the opportunity to convert their debt holdings to public equity. The Kidoz Bond provides holders the benefit of a regular income stream from a high-growth technology company, yet also provides the opportunity for a much larger investment return through equity conversion.

Kidoz is targeting over $6M in revenue in 2020 (40% growth) and more than $10M in 2022 (30% CAGR). We are confident we will achieve and surpass these figures because the market for safe advertising is heavily regulated and demand is increasingly strong on a global scale. Kidoz is a leader in mobile Kid-Safe advertising, is certified by Google and Apple, and is favored by top app developers as a premium solution. As regulation increases, such as we're seeing in California and the UK, demand for our services increases further and our total addressable market increases as the net of protection is cast more widely.