Three Months Ended | ||||||||
August 31, 2017 (unaudited) | August 31, 2016 (unaudited) | |||||||
Revenues | $ | 5,334,368 | $ | 5,041,193 | ||||
Total Net Income | $ | 377,683 | $ | 321,367 | ||||
Earnings per Share: | ||||||||
Basic | ||||||||
Continuing Operations | $ 0.05 | $ 0.05 | ||||||
Discontinued Operations | $ 0.00 | $ 0.00 | ||||||
$ 0.05 | $ 0.05 | |||||||
Earnings per Share: | ||||||||
Diluted | ||||||||
Continuing Operations | $ 0.05 | $ 0.05 | ||||||
Discontinued Operations | $ 0.00 | $ 0.00 | ||||||
$ 0.05 | $ 0.05 | |||||||
Weighted Average Shares Outstanding: | ||||||||
Basic | 7,006,684 | 7,006,684 | ||||||
Diluted | 7,165,027 | 7,048,011 |
Nine Months Ended | ||||
August 31, 2017 (unaudited) | August 31, 2016 (unaudited) | |||
Revenues | $ 15,719,428 | $ 15,405,388 | ||
Net Income from Continuing Operations | $ 1,262,984 | $ 961,315 | ||
Net (Loss) on Discontinued Operations | $— | $ (12,896) | ||
Total Net Income | $ 1,262,984 | $ 948,419 | ||
Earnings per Share: | ||||
Basic | ||||
Continuing Operations | $ 0.18 | $ 0.14 | ||
Discontinued Operations | $ 0.00 | $ 0.00 | ||
$ 0.18 | $ 0.14 | |||
Earnings per Share: | ||||
Diluted | ||||
Continuing Operations | $ 0.18 | $ 0.14 | ||
Discontinued Operations | $ 0.00 | $ 0.00 | ||
$ 0.18 | $ 0.14 | |||
Weighted Average Shares Outstanding: | ||||
Basic | 7,006,684 | 7,006,684 | ||
Diluted | 7,006,684 | 7,074,893 |
Three months ended | Nine months ended | ||||
Reconciliation of EBITDA | August 31, 2017 | August 31, 2016 | August 31, 2017 | August 31, 2016 | |
to Net Income: | (unaudited) | (unaudited) | (unaudited) | (unaudited) | |
Net income | $ 377,683 | $ 321,367 | $ 1,262,984 | $ 948,419 | |
Interest expense | 131,346 | 132,531 | 405,584 | 474,074 | |
Provision for income tax | 354,816 | 195,026 | 882,910 | 566,585 | |
Depreciation & Amortization Expense | 20,835 | 20,943 | 66,592 | 60,056 | |
EBITDA | $ 884,680 | $ 669,867 | $ 2,618,070 | $ 2,049,134 | |