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Madison Technologies Inc   (MDEX)
Other Ticker:  
 
    Sector  Retail    Industry Specialty Retail
   Industry Specialty Retail
   Sector  Retail
 

Madison Technologies Inc 's Customers Performance

MDEX

 
MDEX's Source of Revenues Madison Technologies Inc 's Customers have recorded an increase in their cost of revenue by 19.37 % in the 3 quarter 2022 year on year, sequentially costs of revenue were trimmed by -10.03 %, for the same period Madison Technologies Inc sequentially revenue grew by 3.02 %.

List of MDEX Customers




Madison Technologies Inc 's Customers have recorded an increase in their cost of revenue by 19.37 % in the 3 quarter 2022 year on year, sequentially costs of revenue were trimmed by -10.03 %, for the same period Madison Technologies Inc sequentially revenue grew by 3.02 %.

List of MDEX Customers


   
Customers Net Income grew in Q3 by Customers Net margin grew to
39.51 % 9.82 %



Madison Technologies Inc 's Customers, Q3 2022 Revenue Growth By Industry
Customers in Hotels & Tourism Industry -11.55 %   
Customers in Marine Transportation Industry      22.18 %
     
• Customers Valuation • Customers Mgmt. Effect.


Madison Technologies Inc 's Comment on Sales, Marketing and Customers



Madison sales strategy is to develop online exposure through the use of social media marketing and sending demo packs of the Licensed Products to both online bloggers and established gun owner clubs. The demo packs will include both new products as well as examples of the products that have been tested and exposed to gunfire.

Madison also intends to attend European tradeshows and exhibits, including, but not limited to, IDEF (International Defense Industry Fair), ITEC, and GREC (General Police Equipment & Exhibition Conference). These trade shows will assist in introducing the Licensed Products to wholesalers in an attempt to expand Madison’s sales channel.

Madison’s distribution method is to deliver the Licensed Products into the European and UK retail and wholesale markets via the use of online market and fulfilment services including but not limited to Amazon.eu, Redstag and MCS Fulfilment. By implementing these companies’ services Madison will be able to establish a reliable supply chain that will receive delivery of the Licensed Products, warehouse the Licensed Products, package the Licensed Package as per each customer order, and ship the Licensed Products to the customer efficiently and cost effectively.


Madison Technologies Inc 's Comment on Sales, Marketing and Customers


Madison sales strategy is to develop online exposure through the use of social media marketing and sending demo packs of the Licensed Products to both online bloggers and established gun owner clubs. The demo packs will include both new products as well as examples of the products that have been tested and exposed to gunfire.

Madison also intends to attend European tradeshows and exhibits, including, but not limited to, IDEF (International Defense Industry Fair), ITEC, and GREC (General Police Equipment & Exhibition Conference). These trade shows will assist in introducing the Licensed Products to wholesalers in an attempt to expand Madison’s sales channel.

Madison’s distribution method is to deliver the Licensed Products into the European and UK retail and wholesale markets via the use of online market and fulfilment services including but not limited to Amazon.eu, Redstag and MCS Fulfilment. By implementing these companies’ services Madison will be able to establish a reliable supply chain that will receive delivery of the Licensed Products, warehouse the Licensed Products, package the Licensed Package as per each customer order, and ship the Licensed Products to the customer efficiently and cost effectively.








MDEX's vs. Customers, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)



COMPANY NAME MARKET CAP REVENUES INCOME EMPLOYEES
Madison Technologies Inc 15.19 1.73 -9.12 1
American Fiber Green Products, Inc. 0.01 0.37 0.04 3
Endurance Exploration Group, Inc. 1.73 0.00 -0.36 5
Malibu Boats Inc 1,344.63 1,263.59 171.60 509
Mastercraft Boat Holdings Inc 582.47 628.52 66.96 470
Marine Products Corporation 460.23 349.02 36.94 605
Odyssey Marine Exploration Inc 60.78 1.30 -25.59 38
Seafarer Exploration Corp 52.22 0.00 -2.90 1
SUBTOTAL 2,502.08 2,242.81 246.70 1,631
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