NOCERA, INC. Earnings Per Share Disclosure
The following table sets forth the computation of basic and diluted (loss) earnings per common share for the years ended December 31, 2024 and 2023.
| For the years ended December 31, | ||||||||
| 2024 | 2023 | |||||||
| $ | $ | |||||||
| Net loss | (2,393,803 | ) | (4,159,354 | ) | ||||
| Weighted Average Shares Outstanding – Basic and Diluted | ||||||||
| Loss per share – basic and diluted | ) | ) | ||||||
| Net loss per share from continuing operations – basic and diluted (1) | ) | ) | ||||||
Basic net loss per common share is computed using the weighted average number of the common shares outstanding during the period.
| (1) | On August 11, 2022, the Company effected a 2:3 reverse stock split for each share of common stock issued and outstanding. All shares and associated amounts have been retroactively restated to reflect the stock split. |
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2024 | May 6, 2025 | Showing above |
| 2023 | Apr 1, 2024 | |
| 2022 | Mar 31, 2023 | |
| 2021 | Mar 23, 2022 | |
| 2020 | Apr 15, 2021 | |
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.