Medical International Technology Inc. Financials
Friday, January 15th 2010

Quarterly Data All numbers in thousands PERIOD ENDING 30-Sep-09 30-Jun-09 31-Mar-09 31-Dec-08 Total Revenue 264   234   88   71   Cost of Revenue 377   (234) 34   52   Gross Profit 184   171   54   19   Operating Expenses Research Development 3,462   (2,381) 450   450   Selling General and Administrative 1,216   (704) 116   150   Non Recurring -   -   -   -   Others -   -   -   -   Total Operating Expenses -   -   -   -   Operating Income or Loss (657) (581) (512) (581) Income from Continuing Operations Total Other Income/Expenses Net (1) 1   (1) 1   Earnings Before Interest And Taxes (658) (580) (513) (580) Interest Expense 2   1   1   1   Income Before Tax (660) (581) (513) (580) Income Tax Expense -   -   -   -   Minority Interest -   -   -   -   Net Income From Continuing Ops (660) (581) (513) (580) Non-recurring Events Discontinued Operations -   -   -   -   Extraordinary Items -   -   -   -   Effect Of Accounting Changes -   -   -   -   Other Items -   -   -   -   Net Income (660) (581) (513) (580) Preferred Stock And Other Adjustments -   -   -   -   Net Income Applicable To Common Shares ($660) ($581) ($513) ($580)

Annual Data All numbers in thousands PERIOD ENDING 30-Sep-09 30-Sep-08 30-Sep-07 Total Revenue 656   329   339   Cost of Revenue 228   231   122   Gross Profit 428   97   217   Operating Expenses Research Development 1,981   1,802   134   Selling General and Administrative 778   656   830   Non Recurring -   -   -   Others -   -   -   Total Operating Expenses -   -   -   Operating Income or Loss (2,331) (2,361) (748) Income from Continuing Operations Total Other Income/Expenses Net 1   17   (125) Earnings Before Interest And Taxes (2,330) (2,344) (873) Interest Expense 4   18   25   Income Before Tax (2,334) (2,362) (898) Income Tax Expense -   -   -   Minority Interest -   -   -   Net Income From Continuing Ops (2,334) (2,362) (898) Non-recurring Events Discontinued Operations -   -   -   Extraordinary Items -   -   -   Effect Of Accounting Changes -   -   -   Other Items -   -   -   Net Income (2,334) (2,362) (898) Preferred Stock And Other Adjustments -   -   -   Net Income Applicable To Common Shares ($2,334) ($2,362) ($898)