XML 15 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Statements of Income - USD ($)
12 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Revenue, related parties $ 25,169,182 $ 15,459,061
Net revenue 39,904,448 26,748,988
Cost of revenue 9,290,616 6,483,171
Gross profit 30,613,832 20,265,817
Operating expense    
General and administrative expense 7,140,870 4,447,563
Fund operations 3,658,593 3,176,214
Marketing and advertising 2,952,295 2,601,104
Depreciation and amortization 599,979 601,826
Salaries and compensation 8,843,618 7,523,083
Total operating expenses 23,195,355 18,349,790
Income from operations 7,418,477 1,916,027
Other income:    
Interest and dividend income 28,823 96,186
Interest expense (40,375) (41,100)
Other income, net 227,976 365,250
Total other income, net 216,424 420,336
Income before income taxes 7,634,901 2,336,363
Provision of income taxes (1,785,458) (562,962)
Net income $ 5,849,443 $ 1,773,401
Weighted average shares of common stock    
Basic and diluted income per share (in shares) 38,473,159 38,451,164
Net income per share    
Basic and diluted income per share (in dollars per share) $ 0.15 $ 0.05
Food and Beverage [Member]    
Revenue $ 8,263,267 $ 4,745,821
Security Alarm Monitoring [Member]    
Revenue 2,715,487 2,660,153
Beauty Products and Other [Member]    
Revenue $ 3,756,512 $ 3,883,953