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Dynatronics Announces Fourth Quarter and Year-end Results
Date:9/28/2011

,859

$ 32,962,392Cost of sales

5,051,224

4,919,839

20,208,035

20,316,818   Gross profit

3,139,158

3,023,593

12,484,824

12,645,574SG&A expenses

2,656,615

2,582,652

10,431,463

10,641,795R&D expenses

338,139

270,021

1,383,712

914,932Other expenses, net

63,155

83,756

250,785

388,802   Net income before income tax provision

81,249

87,164

418,864

700,045Income tax provision

(12,473)

(16,209)

(147,976)

(276,068)Net income

$
8,776

$
70,955

$   270,888

$   423,977Diluted net income per common share

$
.01

$
.01

$
.02

$
.03Balance Sheet HighlightsJune 30,June 30,20112010Cash

$
384,904

$
383,756Accounts receivable

3,672,128

3,735,251Inventories

5,647,815

5,766,800Total current assets

10,432,811

10,609,813Total assets

14,819,181

15,090,329Accounts payable

2,127,163

1,404,022Accrued expenses

379,336

462,641Line of credit

2,583,937

2,768,492Total current liabilities

5,880,080

5,686,280Total liabilities

8,204,022

8,291,052Total liabilities and equity

14,819,181

15,090,329Dynatronics manufactures, markets and d
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5. Dynatronics to Release Fiscal Third Quarter Results Monday, May 16, 2011; Conference Call Set for 1:00 p.m. ET
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