Dyna Group International, Inc. (Pink Sheets:DGIX) announced today revenues for the 12 months ended December 31, 2007, increased $1,641,104, or 10%, as compared to the 12 months ended December 31, 2006. This increase in sales is attributed to record-breaking sales numbers for NFL, MLB, NBA, and collegiate licenses. Net profits increased $462,694, or 48%, as compared to the 12 months ended December 31, 2006. Cost of goods sold and selling costs were slightly higher for the twelve months ended December 31, 2007, as compared to 2006, due to the increase in sales. General and administrative expenses were slightly lower compared to 2006 mainly due to a decrease in bad debt expense. � � 12 months ended December 31 � � � 2007 � 2006 Revenues � � 17,982,298 � 16,341,194 Operating Income (loss) � � 1,895,358 � 1,014,333 Income Tax (expense) � � (753,897) � (406,902) Net And Other Comprehensive Income � � 1,418,687 � 955,993 Earnings Per Share � � .19 � .13 The above information is based on unaudited GAAP financial statements. Dyna Group International, Inc. is a Nevada corporation and conducts all of its business through its wholly owned subsidiary, Great American Products. Some of the statements in this news release may be forward-looking statements that may involve certain risks and uncertainties. Investors and others are cautioned that the forward-looking statements are based on estimates, projections, beliefs, and assumptions of management and are not guarantees of future performance.
Dyna (CE) (USOTC:DGIX)
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