- 4th Qtr. Revenue Increases 17% to $5.2 M
- 4th Qtr. Net Income of $1.2M, incl. $.8M tax benefit, up 2,230%
- FY '07 revenue up 30%, or $4.5 M
- FY '07 net income of $1.6M, including tax benefit, up 1,243%
- FY '07 unit sales increase 32%
CHICAGO, Nov. 26 /PRNewswire-FirstCall/ -- The Female Health Company (Amex: FHC), which manufactures and markets the FC Female Condom(R), today reported its operating results for the quarter and year ended September 30, 2007.
For the three months ended September 30, 2007, net revenues increased 17% to $5.2 million, compared with $4.4 million in the three months ended September 30, 2006. The Company reported net income attributable to common shareholders of $1.2 million, or $0.04 per diluted share, for the fourth quarter of FY2007, versus $.05 million, or $0.00 per diluted share, for the same period last year.
Gross profit increased 34% to $2 million in the most recent quarter, compared with $1.5 million in the fourth quarter of FY2006. Operating income increased 503% to $491,398 in the three months ended September 30, 2007, compared with $81,552 in the corresponding period of the previous fiscal year.
The Company expects significant quarter-to-quarter variations in its operating results, due to the timing of large order receipts, production scheduling, and shipping of products.
For the year ended September 30, 2007, revenues increased 30% to $19.3
million, compared with $14.8 million in fiscal 2006. Gross profit increased
30% to $7.2 million in the year ended September 30, 2007, compared with
$5.5 million in fiscal 2006. Operatin
|SOURCE The Female Health Company|
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