EARNINGS PER SHARE |
NOTE
4 – EARNINGS PER SHARE
Basic
earnings per share are computed based on the weighted average number of shares of common stock outstanding during the period. Diluted
earnings per share is computed based on the weighted average number of shares of common stock plus the effect of dilutive potential common
shares outstanding during the period using the treasury stock method. Dilutive potential common shares include outstanding stock options
and stock awards.
The
components of basic and diluted earnings per share were as follows:
SCHEDULE OF DILUTIVE POTENTIAL COMMON SHARES
|
|
For
the three months ended
March
31, 2025
|
|
|
For
the nine months ended
March
31, 2025
|
|
|
|
Net
Income |
|
|
Shares |
|
|
Per
Share |
|
|
Net
Income |
|
|
Shares |
|
|
Per
Share |
|
Basic income per share: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income
available to common shareholders |
|
$ |
1,423,968 |
|
|
|
11,683,408 |
|
|
$ |
0.12 |
|
|
$ |
347,721 |
|
|
|
11,531,365 |
|
|
$ |
0.03 |
|
Effect of dilutive securities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Stock
options |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
Diluted income per share |
|
$ |
1,423,968 |
|
|
|
11,683,408 |
|
|
$ |
0.12 |
|
|
$ |
347,721 |
|
|
|
11,531,365 |
|
|
$ |
0.03 |
|
|
|
For
the three months ended
March
31, 2024
|
|
|
For
the nine months ended
March
31, 2024
|
|
|
|
Net
Income |
|
|
Shares |
|
|
Per
Share |
|
|
Net
Income |
|
|
Shares |
|
|
Per
Share |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic income per share: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income
available to common shareholders |
|
$ |
327,549 |
|
|
|
11,390,888 |
|
|
$ |
0.03 |
|
|
$ |
766,755 |
|
|
|
11,369,778 |
|
|
$ |
0.07 |
|
Effect of dilutive securities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Stock
options |
|
|
- |
|
|
|
39,605 |
|
|
|
- |
|
|
|
- |
|
|
|
39,605 |
|
|
|
- |
|
Diluted income per share |
|
$ |
327,549 |
|
|
|
11,430,493 |
|
|
$ |
0.03 |
|
|
$ |
766,755 |
|
|
|
11,409,383 |
|
|
$ |
0.07 |
|
|