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Medical International Technology Inc Financials
June 1st, 2006

Annual Data All numbers in thousands
PERIOD ENDING 30-Sep-05 30-Sep-04 30-Sep-03
Total Revenue 354   196   347  
Cost of Revenue 320   165   135  
Gross Profit 34   31   211  
Operating Expenses
Research Development 204   280   267  
Selling General and Administrative 517   1,130   1,579  
Non Recurring -   -   -  
Others -   -   -  
Total Operating Expenses -   -   -  
Operating Income or Loss (687) (1,378) (1,635)
Income from Continuing Operations
Total Other Income/Expenses Net 0   -   1  
Earnings Before Interest And Taxes (687) (1,378) (1,635)
Interest Expense 48   37   62  
Income Before Tax (734) (1,415) (1,696)
Income Tax Expense -   -   -  
Minority Interest -   -   -  
Net Income From Continuing Ops (734) (1,415) (1,696)
Non-recurring Events
Discontinued Operations -   -   -  
Extraordinary Items -   -   -  
Effect Of Accounting Changes -   -   -  
Other Items -   -   -  
Net Income (734) (1,415) (1,696)
Preferred Stock And Other Adjustments -   -   -  
Net Income Applicable To Common Shares ($734) ($1,415) ($1,696)

 

Quarterly Data All numbers in thousands
PERIOD ENDING 31-Mar-06 31-Dec-05 30-Sep-05 30-Jun-05
Total Revenue 61   32   119   38  
Cost of Revenue 31   22   199   17  
Gross Profit 30   9   (80) 21  
Operating Expenses
Research Development 94   102   30   21  
Selling General and Administrative 597   363   216   154  
Non Recurring -   -   -   -  
Others -   -   -   -  
Total Operating Expenses -   -   -   -  
Operating Income or Loss (661) (455) (327) (154)
Income from Continuing Operations
Total Other Income/Expenses Net 0   0   0   -  
Earnings Before Interest And Taxes (1,591) 476   (327) (154)
Interest Expense 7   11   7   9  
Income Before Tax (1,598) 465   (334) (164)
Income Tax Expense -   -   -   -  
Minority Interest -   -   -   -  
Net Income From Continuing Ops (668) (465) (334) (164)
Non-recurring Events
Discontinued Operations -   -   -   -  
Extraordinary Items -   -   -   -  
Effect Of Accounting Changes -   -   -   -  
Other Items -   -   -   -  
Net Income (668) (465) (334) (164)
Preferred Stock And Other Adjustments -   -   -   -  
Net Income Applicable To Common Shares ($668) ($465) ($334) ($164)