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EARNINGS PER SHARE
9 Months Ended
Mar. 31, 2024
Net income (loss) per share:  
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.

  

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 (loss) per share:                        
Net income (loss) 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 (loss) per share  $327,549    11,430,493   $0.03   $766,755    11,409,383   $0.07 

 

   For the three months
ended March 31, 2023
   For the nine months
ended March 31, 2023
 
   Net Income   Shares   Per Share   Net Loss   Shares   Per Share 
                         
Basic income (loss) per share:                              
Net income (loss) available to common shareholders  $2,544,623    11,283,954   $0.23   $(169,032)   11,270,466   $(0.01)
Effect of dilutive securities                              
Stock options   -    -    -    -    -    - 
Diluted income (loss) per share  $2,544,623    11,283,954   $0.23   $(169,032)   11,270,466   $(0.01)

 

 

NETSOL TECHNOLOGIES, INC.

Notes to Condensed Consolidated Financial Statements

March 31, 2024

(Unaudited)