Exhibit 11
GreenMan Technologies, Inc.
Statement Regarding Net Income (Loss) per Share
June 30, 2000
<TABLE>
<CAPTION>
Three Months Ended Nine Months Ended
June 30, June 30, June 30, June 30,
1999 2000 1999 2000
----------- ----------- ----------- -----------
<S> <C> <C> <C> <C>
Income (Loss) from continuing operations $ 75,183 $ 279,696 $(1,265,037) $ (436,108)
Loss from discontinued operations ...... -- (94,469) (1,101,285) (94,469)
----------- ----------- ----------- -----------
Net income (loss) ...................... $ 75,183 $ 185,227 $(2,366,322) $ (530,577)
=========== =========== =========== ===========
Net income (loss) per share:
Continuing operations .................. $ 0.01 $ 0.03 $ (0.12) $ (0.03)
Discontinued operations ................ -- (0.01) (0.10) (0.01)
Net income (loss) ...................... $ 0.01 $ 0.02 $ (0.22) $ (0.04)
=========== =========== =========== ===========
Weighted average shares outstanding .... 11,625,091 12,196,996 10,653,117 12,001,330
=========== =========== =========== ===========
</TABLE>
