Madison Technologies (MDEX) Gross Margin (2016 - 2021)

Madison Technologies has disclosed Gross Margin across 6 years of filings, most recently posting 100.0% for Q3 2021.

• Gross Margin for Q3 2021 came in at 100.0%, up 1476.0% year-over-year; the trailing twelve-month figure through Sep 2021 was 99.14% (up 7231.0% YoY), and the FY2020 annual result was 42.07%, up 390.0% from the prior year.
• Gross Margin came in at 100.0% for Q3 2021 at Madison Technologies, roughly flat from 100.0% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 100.0% in Q2 2021 to a low of 21.9% in Q4 2018.
• The 5-year median for Gross Margin is 53.74% (2018), against an average of 53.53%.
• Across the five-year window, Gross Margin sank 8571 bps in 2018 and jumped 8104 bps in 2021, its largest moves.
• Madison Technologies' Gross Margin stood at 63.81% in 2017, then plunged by 134 bps to 21.9% in 2018, then jumped by 202 bps to 22.29% in 2019, then jumped by 278 bps to 84.29% in 2020, then rose by 19 bps to 100.0% in 2021.
• The last three Gross Margin figures came in at 100.0% (Q3 2021), 100.0% (Q2 2021), and 98.94% (Q1 2021), per Business Quant data.