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Dynatronics Announces Strong Fourth Quarter Profit
Date:9/14/2007

ynamics of the physical medicine market are changing, we moved aggressively to position Dynatronics to compete more effectively within the changing marketplace," he explained. "The vertical integration of these key distributors is providing Dynatronics with direct distribution of our products in 20 states. As a result of these acquisitions, we expect fiscal 2008 revenues to increase 80 percent over fiscal 2007, based on the historical performance of the acquired companies."

"Our strategic plans to reposition the company to be more competitive, together with the new X5 product introduction, are showing great promise for the company's financial future," added Cullimore.

Dynatronics has scheduled a conference call for investors today, Friday, September 14, 2007, at 1 p.m. ET (11:00 a.m. MT). Those wishing to participate should call 800-839-9416 and use passcode 1383812.

A summary of the financial results for the fourth quarter and fiscal year ended June 30, 2007, follows:

Summary Selected Financial Data

Income Statement Highlights

Three Months Ended Twelve Months Ended

June 30, June 30,

2007 2006 2007 2006

Net sales $4,939,425 $4,944,177 $17,837,104 $19,513,136

Cost of sales 2,761,875 3,103,688 10,925,316 12,221,375

Gross profit 2,177,550 1,840,489 6,911,789 7,291,761

SG&A expenses 1,603,167 1,355,064 5,541,860 5,239,462

R&D expenses 339,038 479,952 1,492,774 1,756,281

Other expense, net 18,808 48,445 148,397 86,797

Income (loss) before income

taxes 216,536 (42,971) (271,243) 209,221

Income tax expense

(benefit)
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SOURCE Dynatronics Corporation
Copyright©2007 PR Newswire.
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