Annual report pursuant to Section 13 and 15(d)

Earnings Per Share (Tables)

v3.21.2
Earnings Per Share (Tables)
 12 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
Schedule of Components of Basic and Diluted Earnings Per Share

The components of basic and diluted earnings per share were as follows:

 

    For the year ended June 30, 2021  
    Net Income     Shares     Per Share  
Basic income per share:                  
Net income available to common shareholders   $ 1,778,257       11,499,983     $ 0.15  
Effect of dilutive securities                        
Share grants     -       -       -  
Diluted income per share   $ 1,778,257       11,499,983     $ 0.15  

 

    For the year ended June 30, 2020  
    Net Income     Shares     Per Share  
                   
Basic income per share:                        
Net income available to common shareholders   $ 937,081       11,734,648     $ 0.08  
Effect of dilutive securities                        
Share grants     -       49,766       -  
Diluted income per share   $ 937,081       11,784,414     $ 0.08