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Dialysis Corporation of America Reports Fourth Quarter and Year Ended December 31, 2007 Results
Date:3/13/2008

resident and CEO of Dialysis Corporation of America, 1302 Concourse Drive, Suite 204, Linthicum, MD 21090; Telephone No. (410) 694-0500.

DIALYSIS CORPORATION OF AMERICA AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF INCOME

(UNAUDITED)

2007 2006 2005

Operating revenues:

Sales:

Medical services revenue $73,170,573 $61,138,963 $44,686,579

Product sales 1,077,988 891,242 206,941

Total sales revenues 74,248,561 62,030,205 44,893,520

Other income 286,174 430,033 498,257

74,534,735 62,460,238 45,391,777

Cost and expenses:

Cost of sales revenues:

Cost of medical services 44,248,309 36,968,682 27,859,804

Cost of product sales 598,086 549,590 119,327

Total cost of sales

revenues 44,846,395 37,518,272 27,979,131

Selling, general and

administrative expenses

Corporate 7,917,038 6,460,309 4,674,367

Facility 11,423,072 8,988,078 7,032,596

Total 19,340,110 15,448,387 11,706,963

Stock compensation expense 217,474 275,438 ---

Depreciation and amortization 2,619,049 2,319,070 1,748,738

Provision for doubtful

accounts 1,665,120 1,198,995 571,016

68,688,148 56,760,162 42,005,848

Operating income 5,846,587 5,700,076 3,385,929

Other income (expense):

Interest income officer/director

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SOURCE Dialysis Corporation of America
Copyright©2008 PR Newswire.
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