Earnings Per Share

12 Months Ended

Dec. 31, 2020

Note 20 - Earnings Per Share

The calculation of basic earnings per share as at December 31, 2020, 2019 and 2018 was based on the profit attributable to the Company’s shareholders divided by a weighted average number of ordinary shares outstanding, calculated as follows:

	For the year ended December 31
	2020			2019		2018
	€ in thousands (other than share and per share data)
Net income (loss) attributed to owners of the Company		(4,627	)		12,060		1,057

Weighted average ordinary shares outstanding ⁽¹⁾		12,304,269			11,064,847		10,675,508

Dilutive effect:
Stock options and warrants		23,549			5,589		3,349

Diluted weighted average ordinary shares Outstanding		12,327,818	⁽²⁾		11,070,436		10,678,857

Basic profit (loss) per share from continuing operations		(0.38	)		1.09		0.10

Diluted profit (loss) per share from continuing operations		(0.38	)		1.09		0.10

(1)

Net of treasury shares.

(2)

In 2020 Stock options and warrants did not have a dilutive effect.