Madison Technologies Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 0.471266 million compared to USD 0.296025 million a year ago. Net loss was USD 3 million compared to USD 1.7 million a year ago. Basic loss per share was USD 0.002 compared to USD 0.072 a year ago.
For the six months, sales was USD 0.946265 million compared to USD 0.296025 million a year ago. Net loss was USD 5.07 million compared to USD 2.56 million a year ago. Basic loss per share was USD 0.003 compared to USD 0.106 a year ago.