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BAB, Inc. Reports Results for 1st Quarter FY 2025

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BAB, Inc. (OTCQB: BABB) has released its financial results for Q1 FY2025 ended February 28, 2025. The company reported revenues of $757,000, down 9.4% from $836,000 in Q1 2024, while net income increased 18% to $116,000 ($0.02 per share) from $99,000 ($0.01 per share) year-over-year.

Key financial highlights include: royalty fees slightly decreased by 0.5% due to one less day in 2025 (non-leap year), licensing fees declined 30.2% following a one-time terminated contract fee of $36,500 in 2024, and marketing fees decreased by $42,000. Total operating expenses reduced significantly by 14.6% to $610,000, driven by lower marketing fund expenses, reduced provision for credit losses, and decreased employee benefit costs.

BAB, Inc. (OTCQB: BABB) ha pubblicato i suoi risultati finanziari per il primo trimestre dell'anno fiscale 2025, conclusosi il 28 febbraio 2025. L'azienda ha registrato ricavi di $757,000, in calo del 9,4% rispetto a $836,000 nel primo trimestre del 2024, mentre l'utile netto è aumentato del 18% a $116,000 ($0,02 per azione) rispetto a $99,000 ($0,01 per azione) anno su anno.

I principali punti salienti finanziari includono: le commissioni di royalty sono leggermente diminuite dello 0,5% a causa di un giorno in meno nel 2025 (anno non bisestile), le commissioni di licenza sono calate del 30,2% a seguito di una commissione per contratto terminato una tantum di $36,500 nel 2024, e le spese di marketing sono diminuite di $42,000. Le spese operative totali sono state ridotte significativamente del 14,6% a $610,000, grazie a spese di marketing inferiori, una riduzione delle accantonamenti per perdite su crediti e una diminuzione dei costi dei benefici per i dipendenti.

BAB, Inc. (OTCQB: BABB) ha publicado sus resultados financieros para el primer trimestre del año fiscal 2025, que finalizó el 28 de febrero de 2025. La compañía reportó ingresos de $757,000, una disminución del 9.4% respecto a $836,000 en el primer trimestre de 2024, mientras que la utilidad neta aumentó un 18% a $116,000 ($0.02 por acción) desde $99,000 ($0.01 por acción) en comparación interanual.

Los aspectos financieros clave incluyen: las tarifas de regalías disminuyeron ligeramente en un 0.5% debido a un día menos en 2025 (año no bisiesto), las tarifas de licencia cayeron un 30.2% tras una tarifa de contrato terminado única de $36,500 en 2024, y las tarifas de marketing disminuyeron en $42,000. Los gastos operativos totales se redujeron significativamente en un 14.6% a $610,000, impulsados por menores gastos en el fondo de marketing, una reducción en las provisiones para pérdidas crediticias y una disminución en los costos de beneficios para empleados.

BAB, Inc. (OTCQB: BABB)는 2025 회계연도 1분기(2025년 2월 28일 종료) 재무 결과를 발표했습니다. 회사는 $757,000의 수익을 보고했으며, 이는 2024년 1분기 $836,000에서 9.4% 감소한 수치입니다. 반면, 순이익은 18% 증가한 $116,000 ($0.02 per share)로, 지난해 $99,000 ($0.01 per share)에서 증가했습니다.

주요 재무 하이라이트는 다음과 같습니다: 로열티 수수료는 2025년(비윤년) 하루가 줄어들어 0.5% 감소했으며, 라이센스 수수료는 2024년의 일회성 계약 해지 수수료 $36,500로 인해 30.2% 감소했습니다. 마케팅 수수료는 $42,000 감소했습니다. 총 운영 비용은 마케팅 기금 비용 감소, 신용 손실에 대한 충당금 감소, 직원 복리후생 비용 감소로 인해 $610,000로 14.6% 크게 줄어들었습니다.

BAB, Inc. (OTCQB: BABB) a publié ses résultats financiers pour le premier trimestre de l'exercice 2025, qui s'est terminé le 28 février 2025. L'entreprise a rapporté des revenus de $757,000, en baisse de 9,4% par rapport à $836,000 au premier trimestre 2024, tandis que le bénéfice net a augmenté de 18% pour atteindre $116,000 ($0,02 par action) contre $99,000 ($0,01 par action) d'une année sur l'autre.

Les points financiers clés comprennent : les redevances ont légèrement diminué de 0,5% en raison d'un jour de moins en 2025 (année non bissextile), les frais de licence ont chuté de 30,2% suite à des frais de contrat résilié unique de $36,500 en 2024, et les frais de marketing ont diminué de $42,000. Les dépenses d'exploitation totales ont été réduites de manière significative de 14,6% à $610,000, grâce à une baisse des dépenses de fonds marketing, une réduction des provisions pour pertes de crédit et une diminution des coûts des avantages sociaux des employés.

BAB, Inc. (OTCQB: BABB) hat seine finanziellen Ergebnisse für das erste Quartal des Geschäftsjahres 2025 veröffentlicht, das am 28. Februar 2025 endete. Das Unternehmen berichtete von Einnahmen in Höhe von $757,000, was einem Rückgang von 9,4% gegenüber $836,000 im ersten Quartal 2024 entspricht, während der Nettogewinn um 18% auf $116,000 ($0,02 pro Aktie) von $99,000 ($0,01 pro Aktie) im Jahresvergleich gestiegen ist.

Wichtige finanzielle Höhepunkte sind: Die Lizenzgebühren sanken leicht um 0,5% aufgrund eines Tages weniger im Jahr 2025 (kein Schaltjahr), die Lizenzgebühren fielen um 30,2% nach einer einmaligen Vertragskündigungsgebühr von $36,500 im Jahr 2024, und die Marketinggebühren sanken um $42,000. Die gesamten Betriebskosten wurden erheblich um 14,6% auf $610,000 gesenkt, was durch niedrigere Marketingausgaben, reduzierte Rückstellungen für Kreditverluste und gesenkte Kosten für Mitarbeiterleistungen bedingt war.

Positive
  • Net income increased 18% to $116,000
  • Earnings per share doubled to $0.02
  • Operating expenses reduced significantly by 14.6%
  • Income before interest and taxes improved by 20.7%
Negative
  • Total revenue declined 9.4% to $757,000
  • Royalty fees decreased 0.5% to $457,194
  • Licensing fees dropped 30.2% to $74,378
  • Marketing fund revenue fell 16.3% to $217,046

DEERFIELD, Ill., April 02, 2025 (GLOBE NEWSWIRE) -- BAB, Inc. (OTCQB: BABB), announced its financial results for the first quarter ended February 28, 2025.

For the quarter ended February 28, 2025, BAB had revenues of $757,000 and net income of $116,000, or earnings of $0.02 per share, versus revenues $836,000 and net income of $99,000, or earnings of $0.01 per share, for the same quarter last year. Royalty revenue decreased $3,000 in the first quarter 2025 compared to same quarter 2024 because 2024 was leap year with the first quarter 2024 having one additional day of sales. Licensing fees and other income decreased $33,000 in the first quarter of 2025 compared to the same quarter 2024. In the first quarter of 2024 there was a terminated contract fee of $36,500 from a coffee vendor. Marketing fees decreased $42,000 in 2025 which was offset by less marketing spending.

Total operating expenses for the quarter ended February 28, 2025, were $610,000, versus $714,000, in the same quarter 2024. Marketing Fund expenses decreased $42,000 in the first quarter 2025 compared to the same quarter 2024. In addition, in the first quarter 2025 the provision for credit losses decreased $23,000, employee benefit expense decreased $21,000 and general expenses decreased compared to the same quarter 2024.

BAB, Inc. franchises and licenses Big Apple Bagels®, My Favorite Muffin®, SweetDuet® frozen yogurt and Brewster’s® Coffee. The Company’s stock is traded on the OTCQB under the symbol BABB and its website can be visited at www.babcorp.com.

Certain statements in this press release constitute forward-looking statements or statements which may be deemed or construed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words “forecast,” “estimate,” “project,” “intend,” “expect,” “should,” “would,” “believe” and similar expressions and all statements which are not historical facts are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors which could cause the company’s actual results, performance (financial or operating), or achievements to differ from the future results, performance (financial or operating), or achievements expressed or implied by such forward-looking statements. The above factors are more fully discussed in the company’s SEC filings.

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Contact:BAB, Inc.
 Michael K. Murtaugh (847) 948-7520
 Fax: (847) 405-8140
 www.babcorp.com


BAB, INC.
CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS
       
  Fiscal Quarter Ended
       
  02/28/25 02/29/24 % Change
REVENUES      
       
Royalty fees from franchised stores $457,194  $459,690  -0.5%
Franchise fees  8,583   10,246  -16.2%
Licensing fees and other income  74,378   106,587  -30.2%
Marketing fund revenue  217,046   259,411  -16.3%
Total Revenue  757,201   835,934  -9.4%
       
OPERATING COSTS AND EXPENSES      
       
Selling, general and administrative  609,042   712,974  -14.6%
Depreciation and amortization  980   980  0.0%
Total Operating Expense  610,022   713,954  -14.6%
       
Income before interest, other and taxes  147,179   121,980  20.7%
       
Interest income  14,888   15,525  -4.1%
Income tax expense  (45,800)  (39,000) 17.4%
Net Income $116,267  $98,505  18.0%
       
Earnings per share – basic and diluted $0.02  $0.01   
Average number of shares outstanding  7,263,508   7,263,508   

FAQ

What was BAB Inc's (BABB) earnings per share in Q1 2025?

BAB Inc reported earnings of $0.02 per share in Q1 2025, doubling from $0.01 per share in Q1 2024.

How much did BABB's total revenue decline in Q1 2025?

BABB's total revenue declined by 9.4%, from $835,934 in Q1 2024 to $757,201 in Q1 2025.

What caused the decrease in BABB's licensing fees for Q1 2025?

Licensing fees decreased by $33,000 primarily due to a one-time terminated contract fee of $36,500 from a coffee vendor in Q1 2024.

How much did BABB reduce its operating expenses in Q1 2025?

BABB reduced its total operating expenses by 14.6%, from $713,954 in Q1 2024 to $610,022 in Q1 2025.
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6.03M
4.82M
33.67%
6.6%
Packaged Foods
Consumer Defensive
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United States
Deerfield