Exhibit 11 AUTOINFO, INC. Calculation of Earnings Per Share Three Months Ended Six Months Ended November 30, November 30, --------------------------- ---------------------------- 1995 1994 1995 1994 ----------- ----------- ----------- ----------- Primarily and Fully Diluted Earnings (Loss): Earnings (Loss) from Operations Applicable to Common Stock: From Continuing Operations $ 241,047 ($ 7,437) $ 372,128 ($ 107,942) From Discontinued Operations -- 353,524 (28,190) 892,464 From Sale of Discontinued Operations 39,714 -- 296,839 -- ----------- ----------- ----------- ----------- Net Income $ 280,761 $ 346,087 $ 640,777 $ 784,532 Shares: Weighed Average Number of Common Shares Outstanding 7,768,622 7,255,286 7,768,953 7,255,145 Add Shares Issuable from Assumed Exercise of Options and Warrants 5,239 91,666 5,774 104,585 ----------- ----------- ----------- ----------- Weighted Average Number of Common Shares as Adjusted 7,773,861 7,346,952 7 ,768,953 7,359,730 Primary and Fully Diluted Earnings Per Common Share: From Continuing Operations $ .03 $ -- $ .05 ($ .01) From Discontinued Operations -- .05 -- .12 From Sale of Discontinued Operations .01 -- .03 -- ----------- ----------- ----------- ----------- Net Income $ .04 $ .05 $ .08 $ .11 ----------- ----------- ----------- -----------