Madison Technologies Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 0.485497 million compared to USD 0.464028 million a year ago. Net loss was USD 1.88 million compared to USD 2.41 million a year ago. Basic loss per share was USD 0.001 compared to USD 0.096 a year ago.
For the nine months, sales was USD 1.43 million compared to USD 0.760053 million a year ago. Net loss was USD 6.95 million compared to USD 4.96 million a year ago. Basic loss per share was USD 0.004 compared to USD 0.203 a year ago.