Madison Technologies Inc.
Income Statement
| Line Item | Sep 2022 | Jun 2022 | Mar 2022 | Sep 2021 | Jun 2021 | Dec 2020 | Sep 2020 | Jun 2020 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $485.5K | $471.3K | $475.0K | $464.0K | $296.0K | $211 | $210 | $199 |
| Cost of Revenue | — | — | — | — | — | $33 | $31 | $113 |
| Gross Profit | — | — | — | $464.0K | $296.0K | $178 | $179 | $86 |
| Gross Margin | — | — | — | 100.0% | 100.0% | 84.4% | 85.2% | 43.2% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | $28.8K | $109.3K | — | — | — |
| SG&A Expense | $130.7K | $152.7K | $44.5K | $198.6K | $541.8K | $9.7K | $6.3K | $7.9K |
| Operating Income | $-337.3K | $-766.7K | $-708.3K | $-510.4K | $-1.1M | $-116.2K | $-142.0K | $-8.0K |
| Operating Margin | -69.5% | -162.7% | -149.1% | -110.0% | -372.9% | -55,050.2% | -67,639.5% | -4,042.7% |
| Interest Expense | $1.5M | $1.5M | $1.5M | $1.9M | $556.9K | $229.8K | $4.5K | $1.6K |
| Pretax Income | — | — | — | $-1.8M | $-1.1M | $-346.0K | $-146.6K | $-9.6K |
| Income Tax Expense | — | — | $-532.7K | — | — | — | — | — |
| Net Income | $-1.9M | $-3.0M | $-2.5M | $-2.4M | $-1.7M | $-726.3K | $-165.7K | $-11.1K |
| Net Margin | -387.3% | -637.3% | -534.0% | -518.4% | -574.2% | -344,199.1% | -78,911.4% | -5,567.8% |
| EPS (Basic) | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| EPS (Diluted) | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Shares Outstanding (Basic) | 8.00B | 8.00B | 8.00B | 2.25B | 2.14B | 2.11B | 1.79B | 1.63B |
| Shares Outstanding (Diluted) | 8.00B | 8.00B | 8.00B | 2.25B | 2.14B | 2.11B | 1.79B | 1.63B |
| Dividends Per Share | — | — | — | — | — | — | — | — |