MADISON TECHNOLOGIES, INC. (MDEX) Gross margin 2016–2020
MADISON TECHNOLOGIES, INC. (MDEX) gross margin by fiscal year — reported gross profit divided by reported revenue.
42.1%FY2020 · since FY2016: 71.9% → 42.1%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2020 | 42.1% | +3.9 pp |
| FY2019 | 38.2% | -4.7 pp |
| FY2018 | 42.9% | +10.5 pp |
| FY2017 | 32.4% | -39.5 pp |
| FY2016 | 71.9% | — |
Gross margin = reported gross profit ÷ reported revenue for the same fiscal year.
Source: SEC XBRL filings · For reference only · Not investment advice