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The Female Health Company Reports 267% Increase in Second Quarter Earnings
Date:5/14/2008

other risks detailed in the Company's press releases, shareholder communication and Securities and Exchange Commission filings, including the Company's Form 10-KSB for the fiscal year ended September 30, 2007. Actual events affecting the Company and the impact of such events on the Company's operations may vary from those currently anticipated.

The Female Health Company

Unaudited Condensed Consolidated Balance Sheet

March 31, March 31,

2008 2007

Cash $ 2,464,036 $ 1,672,441

Restricted cash 236,280 83,450

Accounts receivable, net 5,495,489 4,114,611

Inventory 1,967,212 1,481,067

Prepaid and other current assets 304,061 570,769

Deferred income taxes 1,202,000 -

Total current assets 11,669,078 7,922,338

Other non-current assets 247,609 191,928

Net property, plant & equipment 1,542,121 1,102,639

Total assets $ 13,458,808 $ 9,216,905

Accounts payable $ 627,503 $ 1,082,789

Accrued expenses 2,164,238 1,465,248

Preferred dividends payable 51,025 9,606

Total current liabilities 2,842,766 2,557,643

Deferred gain on sale of facilities 989,663 1,093,298

Deferred grant income 242,407 -

Total liabilities 4,074,836 3,650,941

Total stockhol
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SOURCE The Female Health Company
Copyright©2008 PR Newswire.
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