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Dynatronics' Third Quarter Profits Increase 22%
Date:5/16/2011

>

3,115,263

9,345,666

9,621,982SG&A expenses

2,640,053

2,647,417

7,774,848

8,059,143R&D expenses

339,258

222,062

1,045,573

644,912Other expenses, net50,24484,879

  187,630

  305,046Net income before income taxes

194,837

160,905

337,615

612,881Income tax provision(77,577)

  (64,806)

 (135,503)

 (259,859)Net income

$  117,260

$   96,099

$  202,112

$  353,022Diluted income per common share

$
.01

$
.01

$
.02

$
.03
Balance Sheet HighlightsMarch 31,June 30,20112010(Unaudited)Cash

$248,202

$383,756Accounts receivable

3,882,665

3,735,251Inventories

5,549,503

5,766,800Total current assets

10,484,756

10,609,813Total assets

$14,732,447

$15,090,329Accounts payable

1,563,154

$1,404,022Accrued expenses

508,613

462,641Line of credit

2,664,663

2,768,492Total current liabilities

5,651,734

5,686,280Total liabilities

8,094,848

8,291,052Total liabilities and equity

$14,732,447

$15,090,329Dynatronics manufactures, markets and distributes advanced-technology medical devices, orthopedic soft goods and supplies, treatment tables and rehabilitation equipment for the ph
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