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Note 22 - Earnings Per Share
 12 Months Ended
Jun. 30, 2025
Notes to Financial Statements  
Earnings Per Share [Text Block]

22.  EARNINGS PER SHARE

 

The Company follows ASC Topic 260, Earnings Per Share. Basic earnings per share (“EPS”) are computed by dividing net income available to common shareholders (numerator) by the weighted average number of common shares outstanding (denominator) during the period. Diluted EPS give effect to all dilutive potential common shares outstanding during a period. In computing diluted EPS, the average price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options and warrants.

 

Options to purchase 819,250 shares of common stock at exercise prices ranging from $3.73 to $7.76 per share were outstanding as of June 30, 2025. 82,467 stock options were excluded in the computation of diluted EPS for Fiscal 2025 because they were anti-dilutive.

 

Options to purchase 701,750 shares of common stock at exercise prices ranging from $2.53 to $7.76 per share were outstanding as of June 30, 2024. 140,500 stock options were excluded in the computation of diluted EPS for Fiscal 2024 because they were anti-dilutive.

 

The following table is a reconciliation of the weighted average shares used in the computation of basic and diluted EPS for the years presented herein:

 

  

For the Year Ended June 30,

 
  

2025

  

2024

 
         

(Loss) / Income attributable to Trio-Tech International common shareholders from continuing operations, net of tax

 $(36) $1,051 

Loss attributable to Trio-Tech International common shareholders from discontinued operations, net of tax

  (5)  (1)

Net (loss) / income attributable to Trio-Tech International Common Shareholders

 $(41) $1,050 
         

Weighted average number of common shares outstanding - basic

  4,271   4,160 

Dilutive effect of stock options

  93   139 

Number of shares used to compute earnings per share - diluted

  4,364   4,299 
         

Basic (loss) / earnings per share from continuing operations attributable to Trio-Tech International

 $(0.01) $0.25 

Basic earnings per share from discontinued operations attributable to Trio-Tech International

  -   - 

Basic (loss) / earnings per share from net income attributable to Trio-Tech International

 $(0.01) $0.25 
         

Diluted (loss) / earnings per share from continuing operations attributable to Trio-Tech International

 $(0.01) $0.24 

Diluted earnings per share from discontinued operations attributable to Trio-Tech International

  -   - 

Diluted (loss) / earnings per share from net income attributable to Trio-Tech International (1*)

 $(0.01) $0.24 

 

( 1*) For periods in which the Company has reported net loss, diluted net loss per share attributable to common stockholders is the same as basic net loss per share 
attributable to common stockholders, because dilutive common shares are not assumed to have been issued if their effect is anti-dilutive.