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Dynatronics' Acquisitions Boost Sales 80 Percent in Third Quarter
Date:5/14/2008

sales $7,781,871 $4,330,440 $24,534,934 $12,897,679

Cost of sales 4,946,912 2,719,548 15,428,447 8,163,440

Gross profit 2,834,959 1,610,892 9,106,487 4,734,239

SG&A expenses 3,325,765 1,368,680 10,240,809 3,938,693

R&D expenses 368,994 328,980 1,070,993 1,153,736

Other expense, net 159,757 45,570 445,141 129,588

Net loss before

income taxes (1,019,557) (132,338) (2,650,456) (487,778)

Income tax benefit (390,782) (50,949) (970,686) (187,794)

Net loss $(628,775) $(81,389) $(1,679,770) $(299,984)

Net loss per share

(diluted) $(.05) $(.01) $(.12) $(.03)

Balance Sheet Highlights

March 31, June 30,

2008 2007

Cash $212,670 $1,301,105

Accounts Receivable 5,513,805 3,757,484

Inventories 6,952,979 5,313,984

Total current assets 14,159,509 11,651,927

Total assets $25,903,513 $18,567,616

Accounts payable $2,380,281 $1,241,030

Accrued expenses 395,275 287,773

Line of credit 5,704,823 250,000

Total current liabilities 9,429,807 3,535,536

Total liabilities 12,984,602 7,496,972

Total liabilities and equity $25,903,513 $18,567,616

Dynatronics manufactures, markets and distributes advanced-technology medical devices, orthopedic soft goods and supplies, treatment tabl
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SOURCE Dynatronics Corporation
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