Item 1. Business. Madison Technologies Inc. (“Madison” or the “Company” or “we” or “us” or “our”) is a Nevada corporation that was incorporated on June 15, 1998. Madison Technologies Inc. is seeking to create, develop and launch BlockchainTV (“BCTV”), the first-to-market 24/7 television broadcast and streaming communications network designed to bring the most up-to-date cryptocurrency information and entertainment to the masses in the U.S. and around the world. We believe there is an information void in the blockchain global community where there is no credible, reliable and unbiased source for the most up-to-date information. We created BCTV to fill that void with a live broadcast network and distribution platform to deliver unbiased information in the global blockchain marketplace.
| Metric | TTM | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|
| Revenue | 0 | - | - | - | - | - |
| Net Income | 5.5M | -5.3M | -13M | -14M | -910K | -42K |
| EPS | $0.00 | $-0.03 | $0.06 | $-0.04 | $-0.05 | $-0.00 |
| Free Cash Flow | 0 | -323K | -3.0M | -20M | -499K | -51K |
| ROIC | -1871.4% | -16.2% | -25.6% | -53.2% | -13.5% | -16.0% |
| Gross Margin | - | 0.0% | 0.0% | - | 0.0% | 0.0% |
| Debt/Equity | 0.00 | -1.18 | -0.20 | -3.98 | -6.64 | -1.66 |
| Dividends/Share | $0.00 | $0.00 | $0.00 | - | $0.00 | $0.00 |
| Operating Income | -388K | -567K | -3.7M | -7.3M | -117K | -48K |
| Operating Margin | 0.0% | - | - | - | - | - |
| ROE | 0.0% | 0.0% | 0.0% | - | 0.0% | 0.0% |
| Shares Outstanding | 1,603M | 161M | 160M | 1,599M | 1,599M | 21M |
Madison Technologies Inc. passes 0 of 9 quality checks, indicating weak fundamentals.
Madison Technologies Inc. (MDEX) has a 5-year average return on invested capital (ROIC) of -24.9%. This is below average and may indicate limited pricing power.
Madison Technologies Inc. (MDEX) has a market capitalization of $2M. It is classified as a small-cap stock.
Madison Technologies Inc. (MDEX) does not currently pay a regular dividend.
Madison Technologies Inc. (MDEX) operates in the Retail-Miscellaneous Retail industry, within the Consumer Cyclical sector.
Madison Technologies Inc. (MDEX) generated $-323 thousand in free cash flow in its most recent fiscal year. Negative free cash flow may indicate heavy investment or operational challenges.
Madison Technologies Inc. (MDEX) reported earnings per share (EPS) of $-0.03 in its most recent fiscal year.
The Ledger Terminal provides 11 years of financial data for Madison Technologies Inc. (MDEX), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
Madison Technologies Inc. (MDEX) has a book value per share of $-0.11, based on its most recent annual SEC filing.
No recent press releases.