SECURITIES AND EXCHANGE COMMISSION
                           WASHINGTON, D.C. 20549-1004



                                    FORM 8-K



                                 CURRENT REPORT
                       PURSUANT TO SECTION 13 OR 15(d) OF
                       THE SECURITIES EXCHANGE ACT OF 1934


                                 August 26, 2004
                Date of Report (Date of Earliest Event Reported)

                             Dynatronics Corporation
             (Exact name of registrant as specified in its charter)


            UTAH                         0-12697                87-0398434
(State or other jurisdiction                                 (I.R.S. Employer
     of incorporation)          (Commission File Number)    Identification No.)


       7030 Park Centre Dr., Salt Lake City, UT                      84121
       (Address of principal executive offices)                   (Zip code)


                                 (801) 568-7000
              (Registrant's telephone number, including area code)



ITEM 2.02       RESULTS OF OPERATION AND FINANCIAL CONDITION.

                On August 26, 2004, Dynatronics issued a press release relating
                to the results of its fourth fiscal quarter and year ended June
                30, 2004. A copy of the text of the press release, entitled "
                Dynatronics Announces Record-Breaking Year-End Results " is
                furnished (not filed) as Exhibit 99.1 hereto. The information in
                Exhibit 99.1 attached hereto shall not be deemed "filed" for
                purposes of Section 18 of the Securities Exchange Act of 1934,
                as amended, nor shall it be deemed incorporated by reference in
                any filing under the Securities Act of 1933, as amended.


ITEM 9.01       STATEMENTS AND EXHIBITS.

(c)             The following exhibit is being furnished with this report:

Exhibit 99.1    Text of the press release issued by Dynatronics Corp. dated
                August 26, 2004, entitled "Dynatronics Announces Record-Breaking
                Year-End Results" (furnished herewith).





                                    SIGNATURE

             Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.




                                        DYNATRONICS CORP.


DATE: August 27, 2004                   By:       /s/ Kelvyn H. Cullimore, Jr.
                                        --------------------------------------
                                        Name:   Kelvyn H. Cullimore, Jr.
                                        Title:  President




                                  EXHIBIT INDEX

Exhibit                    Description
Number

99.1            Text of the press release issued by Dynatronics Corp. dated
                February 11, 2004, entitled "Dynatronics Announces Record-
                Breaking Year-End Results " (furnished herewith).