Madison Technologies Inc. (MDEX) Stock

About Madison Technologies Inc.

Madison Technologies Inc. is primarily engaged in developing and operating a platform for distributing broadcast video content wirelessly (over-the-air, or OTA) across the United States. This platform will feature a diverse array of programming, including entertainment, retail-focused shows, weather updates, and sports events, alongside faith-based channels and networks catering to particular ethnic groups. The company, which was founded in 1998, is based in New York, New York. It officially rebranded as Madison Technologies Inc. in March 2015, having previously operated under the name Madison Explorations, Inc.

Madison Technologies Inc. (MDEX) stock trades at $0.00 with a market capitalization of $264214. The stock is valued at a negative price-to-earnings (P/E) ratio of -0.08, reflecting a net loss over the last twelve months, price-to-book of 0.00, price-to-sales of 0.00. Over the past 52 weeks the stock has ranged between $0.00 and $0.01, and currently trades 100.0% below its 52-week high.

On profitability, Madison Technologies Inc. generates a return on equity (ROE) of 13.04% (not meaningful, as shareholders' equity is negative), return on capital employed of 2.60%.

Official website: go.tv