Madison Technologies Inc. (MDEX) Gross Margin (2016 - 2021)
Madison Technologies (MDEX) recorded Gross Margin of 100.00% in Q3 2021, up 14.76 percentage points from 85.24% a year earlier and unchanged from the prior quarter.
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Analysis
Madison Technologies Inc. (MDEX) Gross Margin (2016 - 2021) Analysis & Trends
On a TTM basis, Madison Technologies' Gross Margin came in at 7.34% as of Sep 30, 2021, down 19.49 percentage points year-over-year; for FY2020, it came in at 42.07%, up 3.90 percentage points from FY2019.
- Annual Gross Margin has a four-year change of -29.88 percentage points (FY2016 to FY2020).
- Across earlier years, Gross Margin came in at 38.17% in FY2019 (-4.74 pp), 42.91% in FY2018 (+10.49 pp), 32.42% in FY2017 (-39.53 pp) and 71.95% in FY2016.
- On a year-over-year basis, Gross Margin rose in five of the last seven quarters, with an average year-over-year change of +27.31 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 62.00 percentage points in Q4 2020, against a drop of 85.71 percentage points in Q4 2018 at the low end.
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Historic Data
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Historic Data
| Date | Value |
|---|---|
| Sep 30, 2021 | 100.00% |
| Jun 30, 2021 | 100.00% |
| Dec 31, 2020 | 84.29% |
| Sep 30, 2020 | 85.24% |
| Jun 30, 2020 | 43.22% |
| Mar 31, 2020 | 17.90% |
| Dec 31, 2019 | 22.29% |
| Sep 30, 2019 | 65.65% |
| Jun 30, 2019 | 43.30% |
| Mar 31, 2019 | 23.95% |
| Dec 31, 2018 | -21.90% |
| Sep 30, 2018 | 81.49% |
| Jun 30, 2018 | 38.10% |
| Mar 31, 2018 | 53.74% |
| Dec 31, 2017 | 63.81% |
| Sep 30, 2017 | 45.19% |
| Jun 30, 2017 | 11.07% |
| Mar 31, 2017 | 60.77% |
| Dec 31, 2016 | 71.95% |
API Access
Madison Technologies Inc. Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=MDEX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "MDEX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=MDEX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();