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Bioniche Reports Fiscal 2008 Second Quarter
Date:2/8/2008

ar to Date

2007 2006 2007 2006

$ $ $ $

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REVENUE

Sales 6,514,261 5,912,276 12,419,045 13,656,902

Cost of sales 2,687,177 2,745,283 5,166,481 5,936,128

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Gross profit 3,827,084 3,166,993 7,252,564 7,720,774

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EXPENSES

Administration 1,973,720 1,601,948 3,603,134 2,732,239

Marketing

and selling 1,729,968 1,484,573 3,370,091 2,906,037

Quality assurance 200,354 169,539 370,784 338,046

Interest on

long-term debt 35,980 299,924 73,930 494,745

Other

interest (income) (21,526) 71,527 (84,346) 144,731

Accreted interest

on convertible

term note - 510,587 - 619,413

Amortization of

property, plant

and equipment 282,375 295,562 564,162 590,846

Amortization of

intangible assets 214,130 214,130 428,259 428,259

Amortization of

deferred financing

fees 117,641 634,930 152,807 809,258

Foreign exchange

loss (gain) 118,541 (271,665) 316,514 (283,851)

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4,651,183 5,011,055 8,795,335 8,779,723

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Loss before

research and

development


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SOURCE Bioniche Life Sciences Inc.
Copyright©2008 PR Newswire.
All rights reserved

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