MADISON TECHNOLOGIES, INC.
Income Statement
| Line Item | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|
| Revenue | $1.2M | $1.4K | $5.0K | $4.4K | $6.7K | $221 |
| Cost of Revenue | — | $796 | $3.1K | $2.5K | $4.5K | $62 |
| Gross Profit | — | $578 | $1.9K | $1.9K | $2.2K | $159 |
| Gross Margin | — | 42.1% | 38.2% | 42.9% | 32.4% | 71.9% |
| Operating Expenses | ||||||
| Research & Development | — | $88.6K | — | — | — | — |
| SG&A Expense | $8.5K | $29.6K | $25.6K | $31.9K | $24.3K | $31.6K |
| Operating Income | $-4.6M | $-117.4K | $-30.0K | $-41.6K | $-41.0K | $-32.6K |
| Operating Margin | -373.5% | -8,542.2% | -601.7% | -940.7% | -613.5% | -14,733.9% |
| Interest Expense | $5.3M | $237.4K | $6.1K | $6.1K | $6.2K | $6.1K |
| Pretax Income | — | $-507.7K | $-36.1K | $-47.8K | $-47.1K | $-38.7K |
| Income Tax Expense | $-3.0M | $-191.1K | $-11.4K | $-14.6K | $-13.9K | $-11.0K |
| Net Income | $-14.3M | $-910.2K | $-42.3K | $-53.9K | $-53.3K | $-42.2K |
| Net Margin | -1,146.8% | -66,241.8% | -848.1% | -1,217.9% | -798.1% | -19,076.5% |
| EPS (Basic) | $-0.01 | $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) | 1.76B | 1.75B | 1.63B | 1.51B | 1.10B | 1.02B |
| Shares Outstanding (Diluted) | 1.76B | 1.75B | 1.63B | 1.51B | 1.10B | 1.02B |
| Dividends Per Share | — | — | — | — | — | — |