Madison Technologies Gross Profit Growth & History (MDEX)

Madison Technologies's gross profit was $0 for fiscal 2022.

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Madison Technologies annual gross profit history

Madison Technologies annual gross profit

Fiscal yearPeriod endedGross profitChangeGrowth
20222022-12-31$0$0
20212021-12-31$0−$578
20202020-12-31$578−$1,324−69.61%
20192019-12-31$1,902$3+0.16%
20182018-12-31$1,899−$265−12.25%
20172017-12-31$2,164$2,005+1261.01%
20162016-12-31$159

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.

About the metric

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.

Calculation and source

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.

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