DEERFIELD, Ill., Feb. 11, 2026 (GLOBE NEWSWIRE) -- BAB, Inc. (OTCQB: BABB) announced its financial results for its fiscal year-ended November 30, 2025, reporting net income of $559,000, or $0.08 per share. For the year-ended November 30, 2025, BAB, Inc. had revenues of $3,439,000 and net income of $559,000, or $0.08 per share, versus revenues of $3,545,000 and net income of $525,000, or $0.07 per share, for the same period ending November 30, 2024.
Income from operations for fiscal 2025 is $722,000 compared to $665,000 in 2024. The increase in income before interest, other and taxes in fiscal 2025 was $57,000, or 8.6%. The Company recorded a tax provision expense of $221,000 for fiscal, 2025, compared to $206,000 for fiscal 2024. The $15,000 increase in tax expense was primarily due to higher income from operations.
Total operating expenses for the year ended November 30, 2025, were $2,718,000 versus $2,880,000 for the year ended November 30, 2024, decreasing $162,000, or 5.6%. The expense decreases in 2025 were primarily due to a $79,000 benefit decrease because of employees changing from the company health plan to Medicare benefits, a $35,000 decrease in Marketing Fund expenses, a $9,000 decrease in occupancy expense, a $20,000 decrease in professional fees and $16,000 in other expenses versus 2024. Additionally, fiscal 2025 expenses decreased by $12,000 due to a sales-type lease termination in 2024. These 2025 decreases were partially offset by increases of $7,000 in payroll and payroll related expenses and $2,000 in advertising and promotion compared to 2024.
BAB, Inc. franchises and licenses Big Apple Bagels®, My Favorite Muffin®, SweetDuet® and Brewster’s® Coffee. The Company’s stock is traded on the OTCQB under the symbol BABB and its web site can be visited at www.babcorp.com.
(TABLE FOLLOWS)
| Contact: | BAB, Inc. |
| Brian J. Evans (847) 948-7520 | |
| Fax: (847) 405-8140 | |
| www.babcorp.com | |
| BAB, INC. | ||||||||||
| CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS | ||||||||||
| Fiscal Year Ended | ||||||||||
| 2025 | 2024 | % Change | ||||||||
| REVENUES | ||||||||||
| Royalty fees from franchised stores | $ | 1,984,438 | $ | 1,994,814 | -0.5 | % | ||||
| Franchise and area development fee revenue | 23,331 | 55,673 | -58.1 | % | ||||||
| Licensing fees and other income | 289,348 | 317,992 | -9.0 | % | ||||||
| Marketing Fund revenue | 1,142,281 | 1,176,663 | -2.9 | % | ||||||
| Total Revenue | 3,439,398 | 3,545,142 | -3.0 | % | ||||||
| OPERATING COSTS AND EXPENSES | ||||||||||
| Selling, general and administrative | 1,571,004 | 1,699,062 | -7.5 | % | ||||||
| Depreciation and amortization | 4,481 | 4,123 | 8.7 | % | ||||||
| Marketing Fund expenses | 1,142,281 | 1,176,663 | -2.9 | % | ||||||
| Total Operating Expense | 2,717,766 | 2,879,848 | -5.6 | % | ||||||
| Income before interest, other and taxes | 721,632 | 665,294 | 8.5 | % | ||||||
| Interest income | 58,412 | 66,106 | -11.6 | % | ||||||
| Income before provision for income taxes | 780,044 | 731,400 | 6.7 | % | ||||||
| Current tax expense | (206,390 | ) | (198,361 | ) | 4.0 | % | ||||
| Deferred tax expense | (14,610 | ) | (7,839 | ) | 86.4 | % | ||||
| Total Tax Provision | (221,000 | ) | (206,200 | ) | 7.2 | % | ||||
| Net Income | $ | 559,044 | $ | 525,200 | 6.4 | % | ||||
| Earnings per share - basic and diluted | 0.08 | 0.07 | ||||||||
| Average number of shares outstanding | 7,263,508 | 7,263,508 | ||||||||
