Madison Technologies Inc. (MDEX) Gross Margin (2016 - 2022)

Madison Technologies has disclosed Gross Margin across 7 years of filings, most recently posting 11.09% for Q1 2022.

• In Q1 2022, Gross Margin fell 11003.0% year-over-year to 11.09%; the TTM figure through Jun 2022 stood at 41.46% (down 5757.0% YoY), while the FY2020 annual figure was 42.07%, up 390.0% from the prior year.
• Gross Margin came in at 11.09% for Q1 2022 at Madison Technologies, down 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.
• Average Gross Margin over 5 years is 51.57%, with a median of 48.52% recorded in 2019.
• Year-over-year, Gross Margin surged 8104 bps in 2021 and sank 11003 bps in 2022.
• Over 5 years, Gross Margin stood at 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, then slumped by 111 bps to 11.09% in 2022.
• Per Business Quant data, the three most recent Gross Margin figures were 11.09% in Q1 2022, 100.0% in Q3 2021, and 100.0% in Q2 2021.