Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Common Share

v3.20.4
Earnings Per Common Share
3 Months Ended
Jan. 31, 2021
NET INCOME PER SHARE:  
Earnings Per Common Share

NOTE 13 – EARNINGS PER COMMON SHARE

 

    Three Months     Three Months  
    Ended     Ended  
    January 31,     January 31,  
Fiscal Period   2021     2020  
Numerator:            
Net Income   $ 1,128,844     $ 1,346,773  
                 
Denominator:                
Basic weighted average common shares outstanding     10,751,881       10,721,881  
Options issued     557,000       -  
Diluted outstanding shares     11,308,881       10,721,881  

 

Net income per share                
                 
Basic   $ 0.10     $ 0.13  
Diluted   $ 0.10     $ 0.13