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The Female Health Company Reports Record Results for Fiscal Year 2008, at High End of Guidance
Date:12/1/2008

ccounts payable $621,115 $806,134 Accrued expenses 2,385,540 1,532,170 Preferred dividends payable 25,068 53,025 Total current liabilities 3,031,723 2,391,329 Obligations under capital leases 49,597 23,176 Deferred gain on sale of facilities 836,733 1,074,339 Deferred grant income 203,483 257,245 Total liabilities 4,121,536 3,746,089 Total stockholders' equity 9,709,202 7,447,459 Total liabilities and stockholders' equity $13,830,738 $11,193,548 The Female Health Company Unaudited Condensed Consolidated Income Statements For the 3 Months Ended For the 12 Months Ended September 30, September 30, 2008 2007 2008 2007 Net revenues $7,839,973 $5,174,227 $25,634,126 $19,319,889 Cost of products sold 4,326,660 3,143,306 14,904,325 12,163,574 Gross profit 3,513,313 2,030,921 10,729,801 7,156,315 Advertising and promotion 62,455 48,854 223,800 179,874 Selling, general and administrative 2,138,314 1,527,722 7,038,060 5,864,436 Research and development 81,975 51,939 284,216 208,608 Total operating expenses 2,282,744 1,628,515 7,546,076 6,252,918 Operating income 1,230,569 402,406 3,183,725 903,397 Interest income, net of expense (22,816) (784) (53,445) (36,004) Foreign currency transactions (gain) loss (893,11
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