Exhibit 11 AUTOINFO, INC. Calculation of Earnings Per Share Three Months Ended August 31, --------------------------- 1995 1994 ----------- ----------- Primarily and Fully Diluted Earnings (Loss): Earnings (Loss) from Operations Applicable to Common Stock: From Continuing Operations $ 131,081 $ (100,505) From Discontinued Operations (28,190) 538,940 From Sale of Discontinued Operations 257,125 -- ----------- ----------- Net Income $ 360,016 $ 438,435 ----------- ----------- Shares: Weighted Average Number of Common Shares Outstanding 7,757,736 7,255,003 Add Shares Issuable from Assumed Exercise of Options and Warrant 6,304 227,993 ----------- ----------- Weighted Average Number of Common Shares as Adjusted 7,764,045 7,372,996 ----------- ----------- Primary and Fully Diluted Earnings Per Common Share: From Continuing Operations $ .02 $ (.01) From Discontinued Operations -- .07 From Sale of Discontinued Operations .03 -- ----------- ----------- Net Income $ .05 $ .06 ----------- ----------- 13