NOTE
15. EARNINGS PER SHARE
The
following table sets forth the computation of basic and diluted earnings per share for the three and six months ended June 30, 2026 and
2025:
SCHEDULE OF EARNINGS PER SHARE
| | |
2026 | | |
2025 | |
| | |
For the three months ended June 30, | |
| | |
2026 | | |
2025 | |
| Net (loss) profit attributable to the Company | |
| (1,869,068 | ) | |
| 553,841 | |
| Weighted average number of shares * | |
| 24,791,031 | | |
| 20,000,000 | |
| (Loss) earnings per share - Basic and Diluted | |
$ | (0.08 | ) | |
$ | 0.03 | |
The
following table sets forth the computation of basic and diluted earnings per share for the six months ended June 30, 2026 and 2025:
| | |
For the Six Months Ended June 30, | |
| | |
2026 | | |
2025 | |
| Net (loss) income attributable to the Company | |
| (5,336,590 | ) | |
| 843,615 | |
| Weighted average number of shares * | |
| 24,552,176 | | |
| 20,000,000 | |
| (Loss) earnings per share - Basic and Diluted | |
$ | (0.22 | ) | |
$ | 0.04 | |
| * |
|
Due
to the anti-dilutive effect, the computation of basic and diluted earnings per share did not include the shares underlying the exercise
of RSUs as the Company had a net loss for the six months ended June 30, 2026. |
| * |
|
For
the six months ended June 30, 2026, 100,000 shares of common stock issuable in connection with the acquisition of Boats and Buyers,
Inc. (see Note 5. Intangible Assets) have been included in the computation of basic earnings (loss) per share, as all necessary
conditions for issuance have been satisfied. |
|