📊 MDEX Key Takeaways
Is MDEX a Good Investment? Thesis Analysis
Madison Technologies is in severe financial distress with negative stockholders' equity of -$22.5M, indicating the company is technically insolvent. Despite a dramatic 90,413% revenue increase, the company burns cash heavily (-$254.1K free cash flow), has negligible liquid assets ($593 cash), and posted a -$2.1M net loss with a -144.9% net margin, suggesting the revenue growth is unprofitable and unsustainable.
Why Buy MDEX? Key Strengths
- Gross margin of 53.1% indicates reasonable product profitability before operating expenses
- Dramatic year-over-year revenue growth of 90,413% shows some market traction or significant business restructuring
- Total assets of $16.4K are minimal relative to liabilities, suggesting potential bottom-line clarity
MDEX Investment Risks to Consider
- Negative stockholders' equity of -$22.5M represents technical insolvency and imminent bankruptcy risk
- Current ratio and quick ratio of 0.00x indicate zero working capital and inability to meet short-term obligations
- Massive operating cash burn of -$156.5K with free cash flow of -$254.1K and only $593 in cash equivalents means liquidity crisis is imminent
- Operating margin of -19.5% and net margin of -144.9% demonstrate core business is severely unprofitable
- No insider activity in past 90 days suggests abandonment or lack of confidence from management
- Revenue surge quality is highly questionable given massive losses, potentially indicating one-time transactions or accounting anomalies
Key Metrics to Watch
- Stockholders' equity trend and path to positive equity restoration
- Operating cash flow and time to complete cash depletion at current burn rate
- Gross margin sustainability and operating expense rationalization
- Revenue quality and repeat customer metrics to validate sustainability of growth
MDEX Financial Metrics
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
MDEX Profitability Ratios
MDEX vs Consumer Sector
How Madison Technologies Inc. compares to Consumer sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is MDEX Overvalued or Undervalued?
Based on fundamental analysis, Madison Technologies Inc. has mixed fundamental signals relative to the Consumer sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
MDEX Balance Sheet & Liquidity
MDEX 5-Year Financial Trend & Growth Analysis
5-Year Trend Summary: Madison Technologies Inc.'s revenue has grown significantly by 18,532% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.04 indicates the company is currently unprofitable.
MDEX Growth Metrics (YoY)
MDEX Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2022 | $464.0K | -$856.8K | $0.00 |
| Q2 2022 | $296.0K | -$856.8K | $0.00 |
| Q1 2022 | $475.0K | -$817.9K | $0.00 |
| Q3 2021 | $210 | -$7.1K | N/A |
| Q2 2021 | $199 | -$11.2K | N/A |
| Q1 2021 | $754 | -$7.1K | N/A |
| Q3 2020 | $210 | -$7.1K | N/A |
| Q2 2020 | $199 | -$7.1K | N/A |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
MDEX Capital Allocation
MDEX SEC 10-K & 10-Q Filing Analysis
Access official SEC EDGAR filings for Madison Technologies Inc. (CIK: 0001318268)
📋 Recent SEC Filings
❓ Frequently Asked Questions about MDEX
What is the AI rating for MDEX?
Madison Technologies Inc. (MDEX) has an AI rating of STRONG SELL with 95% confidence, based on fundamental analysis of SEC EDGAR filings.
What are MDEX's key strengths?
Claude: Gross margin of 53.1% indicates reasonable product profitability before operating expenses. Dramatic year-over-year revenue growth of 90,413% shows some market traction or significant business restructuring.
What are the risks of investing in MDEX?
Claude: Negative stockholders' equity of -$22.5M represents technical insolvency and imminent bankruptcy risk. Current ratio and quick ratio of 0.00x indicate zero working capital and inability to meet short-term obligations.
What is MDEX's revenue and growth?
Madison Technologies Inc. reported revenue of $1.4M.
Does MDEX pay dividends?
Madison Technologies Inc. does not currently pay dividends.
Where can I find MDEX SEC filings?
Official SEC filings for Madison Technologies Inc. (CIK: 0001318268) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is MDEX's EPS?
Madison Technologies Inc. has a diluted EPS of $0.00.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is MDEX a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Madison Technologies Inc. has a STRONG SELL rating with 95% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is MDEX stock overvalued or undervalued?
Valuation metrics for MDEX: ROE of N/A (sector avg: 18%), net margin of -144.9% (sector avg: 8%). Compare these metrics with sector averages to assess valuation.
Should I buy MDEX stock in 2026?
Our dual AI analysis gives Madison Technologies Inc. a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is MDEX's free cash flow?
Madison Technologies Inc.'s operating cash flow is $-156.5K, with capital expenditures of $97.6K. FCF margin is -17.7%.
How does MDEX compare to other Consumer stocks?
Vs Consumer sector averages: Net margin -144.9% (avg: 8%), ROE N/A (avg: 18%), current ratio 0.00 (avg: 1.5).