Exhibit 11 AUTOINFO, INC. Calculation of Earnings Per Share Years ended May 31, ----------------------------------------- 1995 1994 1993 ---- ---- ---- Primary and Fully Diluted Earnings (Loss): Loss from continuing operations $(2,174,403) $ (218,565) $ (317,761) Income from discontinued operations 1,614,936 2,239,313 2,053,959 Gain on sale of discontinued operations 8,885,688 -- -- ----------- ----------- ----------- Earnings from operations applicable to Common Stock $ 8,326,221 $ 2,020,748 $ 1,736,198 ----------- ----------- ----------- Shares: Weighted average number of common shares outstanding 7,307,657 7,177,564 7,119,336 Added shares issuable from assumed exercise of options and warrant 102,891 239,157 222,708 ----------- ----------- ----------- Weighted average number of common shares as adjusted 7,410,548 7,416,721 7,342,044 ----------- ----------- ----------- Primary and Fully Diluted Earnings (Loss): From continuing operations $ (.29) $ (.03) $ (.04) From discontinued operations .22 .30 .28 From gain on sale of discontinued operations 1.19 -- -- ----------- ----------- ----------- Earnings per common share $ 1.12 $ .27 $ .24 =========== =========== ===========