Medical International Technology Inc. Financials
Friday, January 6th 2012

Quarterly Data

All numbers in thousands

Period Ending Sep 30, 2011 Jun 30, 2011 Mar 31, 2011 Dec 31, 2010 Total Revenue 147 89 136 65 Cost of Revenue 101 34 40 26 Gross Profit 46 55 97 39 Operating Expenses Research Development - - - - Selling General and Administrative 71 434 114 84 Non Recurring - - - - Others - - - - Total Operating Expenses - - - - Operating Income or Loss (25) (378) (17) (45) Income from Continuing Operations Total Other Income/Expenses Net - - - - Earnings Before Interest And Taxes (74) (439) (12) (71) Interest Expense 15 25 7 1 Income Before Tax (89) (464) (19) (72) Income Tax Expense - - - - Minority Interest - - - - Net Income From Continuing Ops (138) (525) (14) (97) Non-recurring Events Discontinued Operations - - - - Extraordinary Items - - - - Effect Of Accounting Changes - - - - Other Items - - - - Net Income (89) (464) (19) (72) Preferred Stock And Other Adjustments - - - - Net Income Applicable To Common Shares (89) (464) (19) (72)

Annual Data

All numbers in thousands

Period Ending Sep 30, 2011 Sep 30, 2010 Sep 30, 2009 Total Revenue 437 511 656 Cost of Revenue 201 228 228 Gross Profit 237 282 428 Operating Expenses Research Development - - 1,981 Selling General and Administrative 702 1,066 778 Non Recurring - - - Others - - - Total Operating Expenses - - - Operating Income or Loss (466) (784) (2,331) Income from Continuing Operations Total Other Income/Expenses Net - 130 1 Earnings Before Interest And Taxes (596) (742) (2,330) Interest Expense 47 9 4 Income Before Tax (643) (751) (2,334) Income Tax Expense - - - Minority Interest - - - Net Income From Continuing Ops (774) (840) (2,334) Non-recurring Events Discontinued Operations - - - Extraordinary Items - - - Effect Of Accounting Changes - - - Other Items - - - Net Income (643) (751) (2,334) Preferred Stock And Other Adjustments - - - Net Income Applicable To Common Shares (643) (751) (2,334)