<DOCUMENT>
<TYPE>EX-11
<SEQUENCE>6
<FILENAME>dex11.txt
<DESCRIPTION>STATEMENT OF COMPUTATION OF EARNINGS PER SHARE
<TEXT>
<PAGE>
EXHIBIT 11
INTERNATIONAL ASSETS HOLDING CORPORATION
STATEMENT OF COMPUTATION OF EARNINGS PER SHARE
For the Nine Months Ended June 30, 2001 and 2000
<TABLE>
<CAPTION>
2001 (1) 2000
-------- ----
<S> <C> <C>
Basic (Loss) Earnings Per Share
Numerator:
Net (loss) income $ (2,222,728) $ 478,728
Denominator:
Weighted average number of common shares outstanding 2,225,479 2,099,815
Basic (loss) earnings per share $ (1.00) $ 0.23
Diluted (Loss) Earnings Per Share
Numerator:
Net (loss) income $ (2,222,728) $ 478,728
Denominator:
Weighted average number of common shares outstanding 2,225,479 2,099,815
Weighted average number of net common shares that would be issued upon
exercise of dilutive options assuming proceeds used to repurchase shares
pursuant to the treasury stock method (2) - 279,367
Weighted average number of common shares and dilutive
potential common shares outstanding 2,225,479 2,379,182
Diluted (loss) earnings per share $ (1.00) $ 0.20
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</TABLE>
(1) Diluted loss per share is the same as basic loss per share due to the net
loss in 2001.
(2) The treasury stock method recognizes the use of proceeds that could be
obtained upon exercise of options in computing diluted earnings per share.
It assumes exercise of options as of the beginning of the period or when
issued, if later, and that any proceeds would be used to purchase common
stock at the average market price during the period.
<PAGE>
EXHIBIT 11
INTERNATIONAL ASSETS HOLDING CORPORATION
STATEMENT OF COMPUTATION OF EARNINGS PER SHARE
For the Three Months Ended June 30, 2001 and 2000
<TABLE>
<CAPTION>
2001 (1) 2000
-------- ----
<S> <C> <C>
Basic Loss Per Share
Numerator:
Net loss $ (740,363) $ (141,305)
Denominator:
Weighted average number of common shares outstanding 2,239,725 2,181,347
Basic loss per share $ (0.33) $ (0.06)
Diluted Loss Per Share
Numerator:
Net loss $ (740,363) $ (141,305)
Denominator:
Weighted average number of common shares outstanding 2,239,725 2,181,347
Weighted average number of common shares and dilutive
potential common shares outstanding 2,239,725 2,181,347
Diluted loss per share $ (0.33) $ (0.06)
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</TABLE>
(1) Diluted loss per share is the same as basic loss per share due to the net
loss in 2001 and 2000.
2
</TEXT>
</DOCUMENT>