Victor,
Did you read the KIDE earnings announcement in full, or are you basing your entire argument on a misplaced period? Within the PR there is a simple table which shows, among other things, the Net Income of $744,630 and the fully diluted shares of 5,679,156.
Simple math, as you say, tells me to divide the stated net income by the fully diluted shares
$744,630/5,679,156 = .13
Since the unit of measure of the numerator is dollars and the unit of measure of the denominator is shares, the result is in dollars/share.
So $ .13 / share. That's the same as 13 cents per share.
I can't believe I'm wasting my time (and apparently yours) discussing such a simple concept. I don't even own any shares of this stock, I was just trying to help. If you don't want to read the entire PR, then so be it, you can believe that KIDE earned 13/100 of a cent.
I don't need to call the company's IR department to have them explain how to divide net income by number of shares. I can do that just fine all by myself.
Thanks for your interpretation of KIDE's financials. |
