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MADISON TECHNOLOGIES INC (MDEX) Financials

MDEX
Trailing 12 months to June 30, 2026
Revenue Not reported for the trailing 12 months
Net Income Not reported for the trailing 12 months
EPS (Diluted) $0.00 -12.5% YoY
Operating Cash Flow -$485K -57.6% YoY
Market Cap $176K as of Sep 14, 2026
Price / Sales n/m no revenue reported
Price / Earnings n/m no net income reported
Price / Book n/m negative shareholder equity, so no book multiple, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 14, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 19, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the MDEX SEC filings page.

This page shows MADISON TECHNOLOGIES INC (MDEX) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI MDEX FY2025

Financing inflows are offsetting operating cash outflows while liabilities materially exceed the reported asset base.

The latest two annual periods show a matched funding pattern: operating cash flow was negative while financing cash flow supplied exactly $331K in FY2025 after $395K in FY2024. That pairing means reported cash needs were being met through financing rather than internally generated cash, even as the operating loss widened from -$302K to -$500K.

The balance sheet is dominated by obligations: FY2025 liabilities of $23.4M sit against assets of just $131K. Negative equity of -$23.3M confirms that recorded obligations exceed recorded resources by a wide margin; the capital base was already deeply impaired in FY2024 and deteriorated further in FY2025.

Operating efficiency has not stabilized: SG&A rose from $54K in FY2024 to $188K in FY2025, alongside a deeper operating loss, although operating cash outflow narrowed. The contrast suggests accounting expense and cash movement were affected by items beyond the reported SG&A line, so the cash improvement does not represent operating profitability.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Financial health score not available

MADISON TECHNOLOGIES INC does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The metrics below are current.

Key Financial Metrics

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Earnings & Revenue

EPS (Diluted)
$0.00
YoY0.0%
QoQ0.0%

MADISON TECHNOLOGIES INC earned $0.00 per diluted share (EPS) in Q2 2026. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.

Revenue

Not reported for Q2 2026.

EBITDA

Not reported for Q2 2026.

Net Income

Not reported for Q2 2026.

Cash & Balance Sheet

Shares Outstanding
1.76B
YoY+9.9%
QoQ+5.0%

MADISON TECHNOLOGIES INC had 1.76B shares outstanding in Q2 2026. This represents an increase of 9.9% from the same quarter a year earlier. Against the prior quarter it is up 5.0%.

Free Cash Flow

Not reported for Q2 2026.

Cash & Debt

Not reported for Q2 2026.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

None of these metrics is reported for Q2 2026.

Capital Allocation

None of these metrics is reported for Q2 2026.

MDEX Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

MDEX quarterly income statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-K/AQ3'2410-Q
SG&A Expenses$48K+20.7%$40K-35.0%N/A$40K+1436.7%$40K+343.7%$61K+294.1%N/A$3K
Operating Income-$84K+30.0%-$86K+26.7%N/A-$42K-91.7%-$120K-60.4%-$118K+15.9%N/A-$22K
Interest ExpenseN/AN/AN/AN/AN/AN/AN/A$605K-41.5%
Net IncomeN/AN/AN/AN/AN/AN/AN/A-$626K+39.4%
EPS (Basic)$0.000.0%$0.000.0%$0.00-50.0%$0.000.0%$0.000.0%$0.00+20.0%$0.00$0.00+60.0%
EPS (Diluted)$0.000.0%$0.000.0%$0.00-50.0%$0.000.0%$0.000.0%$0.00+20.0%$0.00$0.00
Diluted Shares (Avg)1.73B+8.0%1.68B+4.7%N/A1.60B0.0%1.60B0.0%1.60B0.0%N/A1.60B

Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, EBITDA, Income Tax.

MDEX Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

MDEX quarterly balance sheet
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-K/AQ3'2410-Q
Total Assets$51K0.0%$91K0.0%$131K0.0%$16K$51K$91K$131KN/A
Total Liabilities$24.6M+12.6%$24.1M+13.6%$23.4M+14.3%$22.5M$21.9M$21.2M$20.5M+16.7%N/A
Total Equity-$24.6M-12.6%-$24.0M-13.6%-$23.3M-14.3%-$22.5M-13.9%-$21.8M-14.3%-$21.1M-14.5%-$20.4M-15.9%-$19.7M+33.4%
Retained Earnings-$35.9M-8.5%-$35.3M-9.1%-$34.6M-9.4%-$33.7M-$33.1M-$32.4M-$31.7M-9.7%N/A

Not reported in any period shown, so not listed: Current Assets, Cash & Equivalents, Short-Term Investments, Inventory, Accounts Receivable, Long-Term Investments, Goodwill, Current Liabilities, Non-Current Liabilities, Long-Term Debt.

MDEX Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

MDEX quarterly cash flow statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-K/AQ3'2410-Q
Operating Cash Flow-$85K-124.3%-$197K-117.7%-$174K+0.3%-$28K-573.5%-$38K+49.4%-$91K+35.4%-$175K-102.6%-$4K-253.7%
Financing Cash Flow$85K+124.3%$197K+117.7%$174K-0.3%$28K+573.5%$38K-49.4%$91K-35.4%$175K+400.1%$4K+253.7%

Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Dividends Paid, Share Buybacks.

MDEX Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

MDEX quarterly financial ratios
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-K/AQ3'2410-Q

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Current Ratio, Debt-to-Equity, Asset Turnover, FCF Margin.

Note: Shareholder equity is negative (-$23.3M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company Fiscal year Revenue Net income Net margin Market cap Health score
MADISON TECHNOLOGIES INC MDEX FY2025 N/A N/A N/A $176K
LOOP MEDIA INC LPTV FY2024 $22.3M -$24.5M N/A $3.1M
TRANSGLOBAL MGMT GRP INC TMGI FY2025 $11K -$948K N/A $3K
CUMULUS MEDIA INC A CMLS FY2025 $741.7M -$200.7M -27.1% $3.6M

Frequently Asked Questions

What is MADISON TECHNOLOGIES INC's earnings per share (EPS)?

MADISON TECHNOLOGIES INC (MDEX) reported diluted earnings per share of $0.00 for fiscal year 2025. This represents a -11.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is MADISON TECHNOLOGIES INC's operating cash flow?

MADISON TECHNOLOGIES INC (MDEX) recorded an outflow of $331K in operating cash flow during fiscal year 2025, representing cash used by core business activities.

What are MADISON TECHNOLOGIES INC's total assets?

MADISON TECHNOLOGIES INC (MDEX) had $131K in total assets as of fiscal year 2025, including both current and long-term assets.

MADISON TECHNOLOGIES INC (MDEX) had 1.68B shares outstanding as of fiscal year 2025.

MADISON TECHNOLOGIES INC (MDEX) has no price-to-earnings ratio at the moment: no net income reported. The market capitalization is $176K as of Sep 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

MADISON TECHNOLOGIES INC (MDEX) has no price-to-sales ratio at the moment: no revenue reported. The market capitalization is $176K as of Sep 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

MADISON TECHNOLOGIES INC (MDEX) has negative shareholder equity of -$23.3M as of fiscal year 2025, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

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