Madison Technologies Gross Profit Growth & History (MDEX)
Madison Technologies's gross profit was $0 for fiscal 2022.
View full Madison Technologies company overviewMadison Technologies annual gross profit history
| Fiscal year | Period ended | Gross profit | Change | Growth |
|---|---|---|---|---|
| 2022 | 2022-12-31 | $0 | $0 | — |
| 2021 | 2021-12-31 | $0 | −$578 | — |
| 2020 | 2020-12-31 | $578 | −$1,324 | −69.61% |
| 2019 | 2019-12-31 | $1,902 | $3 | +0.16% |
| 2018 | 2018-12-31 | $1,899 | −$265 | −12.25% |
| 2017 | 2017-12-31 | $2,164 | $2,005 | +1261.01% |
| 2016 | 2016-12-31 | $159 | — | — |
Madison Technologies quarterly gross profit
| Fiscal quarter | Period ended | Gross profit | Change | YoY change |
|---|---|---|---|---|
| Q3 2021 | 2021-09-30 | $464,028 | $463,849 | +259133.52% |
| Q2 2021 | 2021-06-30 | $296,025 | $295,939 | +344115.12% |
| Q4 2020 | 2020-12-31 | $178 | −$253 | −58.70% |
| Q3 2020 | 2020-09-30 | $179 | −$721 | −80.11% |
| Q2 2020 | 2020-06-30 | $86 | −$292 | −77.25% |
| Q1 2020 | 2020-03-31 | $135 | −$58 | −30.05% |
| Q4 2019 | 2019-12-31 | $431 | $558 | — |
| Q3 2019 | 2019-09-30 | $900 | $310 | +52.54% |
| Q2 2019 | 2019-06-30 | $378 | −$211 | −35.82% |
| Q1 2019 | 2019-03-31 | $193 | −$654 | −77.21% |
| Q4 2018 | 2018-12-31 | −$127 | −$396 | — |
| Q3 2018 | 2018-09-30 | $590 | −$68 | −10.33% |
| Q2 2018 | 2018-06-30 | $589 | $215 | +57.49% |
| Q1 2018 | 2018-03-31 | $847 | −$16 | −1.85% |
| Q4 2017 | 2017-12-31 | $269 | — | — |
| Q3 2017 | 2017-09-30 | $658 | $658 | — |
| Q2 2017 | 2017-06-30 | $374 | $374 | — |
| Q1 2017 | 2017-03-31 | $863 | — | — |
| Q3 2016 | 2016-09-30 | $0 | — | — |
| Q2 2016 | 2016-06-30 | $0 | — | — |
Madison Technologies gross profit trends
Over the last five fiscal years, Madison Technologies's gross profit decreased from $2,164 to $0, a change of −$2,164. The latest reported quarter, Q3 2021, shows $464,028.
What gross profit means
Gross profit is the amount of revenue remaining after the direct costs of producing and delivering a company’s goods or services. It helps show the dollars available to cover operating expenses before operating income, interest, and taxes.
SEC-reported and calculated gross profit
TickerStat uses gross profit reported in company SEC filings when available. Otherwise, it calculates gross profit as SEC-reported revenue minus aligned cost of revenue for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Madison Technologies source filings ↗