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The Female Health Company Reports 267% Increase in Second Quarter Earnings

ders' equity 9,383,972 5,565,964

Total liabilities and stockholders' equity $ 13,458,808 $ 9,216,905

The Female Health Company

Unaudited Condensed Consolidated Income Statements

Three Months Ended

March 31,

2008 2007

Net revenues $6,401,277 $5,323,593

Gross profit 2,672,647 2,034,097

Advertising and promotion 68,858 33,926

Selling, general and administrative 1,690,409 1,592,314

Research and development 86,247 59,037

Total operating expenses 1,845,514 1,685,277

Operating income 827,133 348,820

Interest, net and other income (7,057) (10,863)

Foreign currency transaction loss 5,053 2,575

Income before income taxes 829,137 357,108

Income tax benefit (377,000) -

Net Income 1,206,137 357,108

Preferred dividends 40,201 39,760

Net income attributable to common

stockholders $1,165,936 $317,348

Net income per basic common share

outstanding $0.04 $0.01

Basic weighted average common shares

outstanding 26,087,245 23,973,955

Net income per diluted common share

outstanding $0.04

SOURCE The Female Health Company
Copyright©2008 PR Newswire.
All rights reserved

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