The Insider ownership of Kidoz Inc. is 57.16%
Insider Ownership is calculated as the total number of shares owned by insiders (shareholders who own more than 5% of the corporation or an officer or director of the company) divided by the total Shares Outstanding.
A high value of insider ownership means that those working for the company have a large stake in the success of the company. This is sometimes seen as a sign that those running the company will work hard to ensure its success or believe the company's stock price will rise.
A change in insider ownership may come from exercise of option, stock grant and buying or selling of company shares. A purchase of company share signifies a confidence in the company's future performance by people who know the company best. Therefore, Net Insider buying is also an important indicator for investors.
Kidoz Inc. develops and sells kid-tech software products in Western Europe; Central, Eastern, and Southern Europe; North America; and internationally. It also owns and develops mobile KidSafe advertising network, the Kidoz kid-mode operating system, the Kidoz publisher SDK, the Rooplay edu-games platform, and the Rooplay originals games library. The company's products include Rooplay, the cloud-based EduGame system for kids to learn and play; Garfield's Bingo, live on facebook messenger, android, and iOS; and Trophy Bingo, live across mobile platforms. The company was formerly known as Shoal Games Ltd. and changed its name to Kidoz Inc. in April 2019. Kidoz Inc. was incorporated in 1987 and is based in The Valley, Anguilla.