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<PAGE>
EXHIBIT 11
LEAPNET, INC.
STATEMENT REGARDING COMPUTATION OF PER-SHARE EARNINGS
<TABLE>
<CAPTION>
Three Months Ended April 30,
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2000 1999
---- ----
<S> <C> <C>
Net loss ($3,518,142) ($211,686)
Weighted average number of common
shares outstanding as used in the basic
per share calculation 14,920,000 14,134,000
Net shares issuable upon exercise of
dilutive outstanding stock options 0 0
------------ ----------
Shares used in diluted per share
calculation 14,920,000 14,134,000
Basic earnings per common share ($0.24) ($0.01)
Diluted earnings per common share ($0.24) ($0.01)
</TABLE>
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