Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE

v3.23.2
EARNINGS PER SHARE
9 Months Ended
Jul. 31, 2023
NET INCOME PER SHARE:  
EARNINGS PER SHARE

NOTE 12 – EARNINGS PER SHARE

 

    Three Months     Three Months     Nine Months     Nine Months  
    Ended     Ended     Ended     Ended  
    July 31,     July 31,     July 31,     July 31,  
Fiscal Period   2023     2022     2023     2022  
Numerator:                                
Net Income   $ 1,038,780     $ 1,768,657     $ 3,445,114     $ 3,597,208  
                                 
Denominator:                                
Basic weighted average common shares outstanding     11,092,420       10,858,302       11,044,624       10,857,724  
Unused portion of options and restricted stock awards     191,717       516,839       191,717       516,839  
Diluted outstanding shares     11,284,137       11,375,141       11,236,341       11,374,563  
                                 
Net income per share                                
                                 
Basic   $ 0.09     $ 0.16     $ 0.31     $ 0.33  
Diluted   $ 0.09     $ 0.16     $ 0.31     $ 0.32  

 

 

CODA OCTOPUS GROUP, INC.

Notes to the Consolidated Financial Statements

July 31, 2023, and October 31, 2022