MEXCO ENERGY CORP Earnings Per Share Disclosure
| 2025 | 2024 | |||||||
| Net income | $ | 1,712,368 | $ | 1,344,952 | ||||
| Shares outstanding: | ||||||||
| Weighted avg. common shares outstanding – basic | 2,064,147 | 2,114,360 | ||||||
| Effect of the assumed exercise of dilutive stock options | 43,628 | 46,650 | ||||||
| Weighted avg. common shares outstanding – dilutive | 2,107,775 | 2,161,010 | ||||||
| Income per common share: | ||||||||
| Basic | $ | 0.83 | $ | 0.64 | ||||
| Diluted | $ | 0.81 | $ | 0.62 | ||||
For the year ended March 31, 2025, shares relating to stock options were excluded from the computation of diluted net income because their inclusion would be anti-dilutive. Anti-dilutive stock options have a weighted average exercise price of $15.34 at March 31, 2025. For the year ended March 31, 2024, shares relating to stock options were excluded from the computation of diluted net income because their inclusion would be anti-dilutive. Anti-dilutive stock options have a weighted average exercise price of $13.12 at March 31, 2024.
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Jun 27, 2025 | Showing above |
| 2024 | Jun 27, 2024 | |
| 2022 | Jun 27, 2022 | |
| 2021 | Jun 25, 2021 | |
| 2020 | Jun 26, 2020 | |
| 2018 | Jun 27, 2018 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.