XML 13 R4.htm IDEA: XBRL DOCUMENT v3.25.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Jan. 31, 2025
Jan. 31, 2024
Income Statement [Abstract]    
NET SALES $ 21,305,285 $ 19,540,402
COST OF SALES 15,573,359 16,060,103
GROSS PROFIT 5,731,926 3,480,299
OPERATING EXPENSES    
Selling and administrative 3,929,598 2,690,047
Officers’ salaries 211,297 173,341
TOTAL 4,140,895 2,863,388
INCOME FROM OPERATIONS 1,591,031 616,911
OTHER INCOME (EXPENSE)    
Interest income 10 7
Interest expense (31,670) (117,533)
Loss from equity method investments (23) (6,024)
TOTAL (31,683) (123,550)
INCOME BEFORE EXPENSE FOR INCOME TAXES 1,559,348 493,361
Income tax expense 406,092 142,337
NET INCOME $ 1,153,256 $ 351,024
Basic earnings per share $ 0.20 $ 0.06
Diluted earnings per share $ 0.20 $ 0.06
Weighted average common shares outstanding:    
Weighted average common shares outstanding basic 5,708,599 5,708,599
Weighted average common shares outstanding diluted 5,708,599 5,708,599