Madison Technologies Gross Margin Growth & History (MDEX)

Madison Technologies's gross margin was 42.07% for fiscal 2020.

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Madison Technologies annual gross margin history

Madison Technologies annual gross margin

Fiscal yearPeriod endedGross marginChange (percentage points)
20202020-12-3142.07%+3.90 pp
20192019-12-3138.17%−4.74 pp
20182018-12-3142.91%+10.49 pp
20172017-12-3132.42%−39.53 pp
20162016-12-3171.95%

Madison Technologies gross margin trends

Across the available reported history, Madison Technologies's gross margin increased from 38.17% to 42.07%, a change of +3.90 percentage points. The latest reported quarter, Q3 2021, shows 100.00%.

About the metric

What gross margin means

Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.

Calculation and source

How gross margin is calculated

TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.

Review Madison Technologies filings at SEC.gov ↗