Growth Metrics

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

Madison Technologies (MDEX) has disclosed Gross Margin for 6 consecutive years, with 100.0% as the latest value for Q3 2021.

  • For Q3 2021, Gross Margin rose 1476.0% year-over-year to 100.0%; the TTM value through Sep 2021 reached 99.14%, up 7231.0%, while the annual FY2020 figure was 42.07%, 390.0% up from the prior year.
  • Gross Margin was 100.0% for Q3 2021 at Madison Technologies, roughly flat from 100.0% in the prior quarter.
  • The five-year high for Gross Margin was 100.0% in Q2 2021, with the low at 21.9% in Q4 2018.
  • Historically, Gross Margin has averaged 53.53% across 5 years, with a median of 53.74% in 2018.
  • The largest annual shift saw Gross Margin tumbled -8571bps in 2018 before it surged 8104bps in 2021.
  • Over 5 years, Gross Margin stood at 63.81% in 2017, then plummeted by -134bps to 21.9% in 2018, then skyrocketed by 202bps to 22.29% in 2019, then skyrocketed by 278bps to 84.29% in 2020, then rose by 19bps to 100.0% in 2021.
  • Per Business Quant database, its latest 3 readings for Gross Margin were 100.0% in Q3 2021, 100.0% in Q2 2021, and 98.94% in Q1 2021.