Three Months Ended | ||||
May 31, 2017 (unaudited) | May 31, 2016 (unaudited) | |||
Revenues | $ 6,115,910 | $ 5,679,751 | ||
Net Income from Continuing Operations | $ 698,550 | $ 430,989 | ||
Net (Loss) on Discontinued Operations | 0 | $ (7,312) | ||
Total Net Income | $ 698,550 | $ 423,677 | ||
Earnings per Share: | ||||
Basic | ||||
Continuing Operations | $ 0.10 | $ 0.06 | ||
Discontinued Operations | $ 0.00 | $ 0.00 | ||
$ 0.10 | $ 0.06 | |||
Earnings per Share: | ||||
Diluted | ||||
Continuing Operations | $ 0.10 | $ 0.06 | ||
Discontinued Operations | $ 0.00 | $ 0.00 | ||
$ 0.10 | $ 0.06 | |||
Weighted Average Shares Outstanding: | ||||
Basic | 7,006,684 | 7,006,684 | ||
Diluted | 7,024,428 | 7,126,333 |
Six Months Ended | ||||
May 31, 2017 (unaudited) | May 31, 2016 (unaudited) | |||
Revenues | $ 10,385,060 | $ 10,364,195 | ||
Net Income from Continuing Operations | $ 885,301 | $ 639,987 | ||
Net (Loss) on Discontinued Operations | 0 | $ (12,935) | ||
Total Net Income | $ 885,301 | $ 627,052 | ||
Earnings per Share: | ||||
Basic | ||||
Continuing Operations | $ 0.13 | $ 0.09 | ||
Discontinued Operations | $ 0.00 | $ 0.00 | ||
$ 0.13 | $ 0.09 | |||
Earnings per Share: | ||||
Diluted | ||||
Continuing Operations | $ 0.13 | $ 0.09 | ||
Discontinued Operations | $ 0.00 | $ 0.00 | ||
$ 0.13 | $ 0.09 | |||
Weighted Average Shares Outstanding: | ||||
Basic | 7,006,684 | 7,006,684 | ||
Diluted | 7,006,684 | 7,088,115 |
Three months ended | Six months ended | ||||
Reconciliation of EBITDA | May 31, 2017 | May 31, 2016 | May 31, 2017 | May 31, 2016 | |
to Net Income: | (unaudited) | (unaudited) | (unaudited) | (unaudited) | |
Net income | $ 698,550 | $ 423,677 | $ 885,301 | $ 627,052 | |
Interest expense | 123,077 | 197,216 | 274,238 | 341,543 | |
Provision for income tax | 415,454 | 242,862 | 528,094 | 371,559 | |
Depreciation & Amortization Expense | 23,815 | 19,071 | 45,758 | 39,113 | |
EBITDA | $ 1,260,896 | $ 882,826 | $ 1,733,391 | $ 1,379,267 | |