Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Common Share

v3.21.1
Earnings Per Common Share
6 Months Ended
Apr. 30, 2021
NET INCOME (LOSS) PER SHARE:  
Earnings Per Common Share

NOTE 13 – EARNINGS PER COMMON SHARE

 

    Three Months     Three Months     Six Months     Six Months  
    Ended     Ended     Ended     Ended  
    April 30,     April 30,     April 30,     April 30,  
Fiscal Period   2021     2020     2021     2020  
Numerator:                                
Net Income (Loss)   $ 2,207,933     $ (265,080 )   $ 3,336,777     $ 1,081,693  
                                 
Denominator:                                
Basic weighted average common shares outstanding     10,772,315       10,721,881       10,763,652       10,721,881  
Options issued     419,000       555,000       419,000       555,000  
Diluted outstanding shares     11,191,315       11,276,881       11,182,652       11,276,881  
                                 
Net income (Loss) per share                                
                                 
Basic   $ 0.20     $ (0.02 )   $ 0.31     $ 0.10  
Diluted   $ 0.20     $ (0.02 )   $ 0.30     $ 0.10