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 $2,000 in advertising and promotion compared to 2024.
BAB, Inc. franchises and licenses Big Apple Bagels$(R)$, My Favorite Muffin(R), SweetDuet(R) and Brewster's(R) 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.
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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
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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%
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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%
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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%
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Earnings per share - basic
and diluted 0.08 0.07
Average number of shares
outstanding 7,263,508 7,263,508
(END) Dow Jones Newswires
February 11, 2026 10:01 ET (15:01 GMT)