Madison Technologies FY26 Q2 net loss narrows to $613,526; interest expense falls to $529,248

PUBT · 1d ago
Madison Technologies FY26 Q2 net loss narrows to $613,526; interest expense falls to $529,248
  • Madison Technologies posted a net loss of $613,526 for the three months ended June 30, 2026, narrowing from $718,482 a year earlier.
  • Interest expense fell to $529,248 from $598,166, while professional fees dropped to $35,957 from $80,270.
  • For the six months ended June 30, net loss narrowed to $1.27 million from $1.43 million; interest expense eased to $1.1 million from $1.19 million.
  • Working capital deficit widened to $24.57 million at June 30 from $23.31 million at Dec. 31, primarily on accrued debt interest.
  • Recent updates included Vincent DeVito joining the board on Jan. 31, 2026, followed by an office relocation to 405 Lexington Avenue in August 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Madison Technologies Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001753926-26-001558), on August 19, 2026, and is solely responsible for the information contained therein.