Madison Technologies annual gross margin
2016
2017
2018
2019
2020
2021
Madison Technologies Gross Margin Growth & History (MDEX)
Madison Technologies's gross margin was 0.00% for fiscal 2021.
View full Madison Technologies company overviewMadison Technologies annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2021 | 2021-12-31 | 0.00% | −42.07 pp |
| 2020 | 2020-12-31 | 42.07% | +3.90 pp |
| 2019 | 2019-12-31 | 38.17% | −4.74 pp |
| 2018 | 2018-12-31 | 42.91% | +10.49 pp |
| 2017 | 2017-12-31 | 32.42% | −39.53 pp |
| 2016 | 2016-12-31 | 71.95% | — |
Madison Technologies quarterly gross margin
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q2.21
Q3.21
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q3 2021 | 2021-09-30 | 100.00% | +14.76 pp |
| Q2 2021 | 2021-06-30 | 100.00% | +56.78 pp |
| Q4 2020 | 2020-12-31 | 84.36% | +62.06 pp |
| Q3 2020 | 2020-09-30 | 85.24% | +19.59 pp |
| Q2 2020 | 2020-06-30 | 43.22% | −0.08 pp |
| Q1 2020 | 2020-03-31 | 17.90% | −6.04 pp |
| Q4 2019 | 2019-12-31 | 22.30% | +44.19 pp |
| Q3 2019 | 2019-09-30 | 65.65% | −15.85 pp |
| Q2 2019 | 2019-06-30 | 43.30% | +5.20 pp |
| Q1 2019 | 2019-03-31 | 23.95% | −29.80 pp |
| Q4 2018 | 2018-12-31 | −21.90% | −85.79 pp |
| Q3 2018 | 2018-09-30 | 81.49% | +36.30 pp |
| Q2 2018 | 2018-06-30 | 38.10% | +27.03 pp |
| Q1 2018 | 2018-03-31 | 53.74% | −7.03 pp |
| Q4 2017 | 2017-12-31 | 63.90% | — |
| Q3 2017 | 2017-09-30 | 45.19% | — |
| Q2 2017 | 2017-06-30 | 11.07% | — |
| Q1 2017 | 2017-03-31 | 60.77% | — |
Madison Technologies gross margin trends
Over the last five fiscal years, Madison Technologies's gross margin decreased from 71.95% to 0.00%, a change of −71.95 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.
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