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BAB, Inc. (BABB)
Chart Events
Performance Outlook
| Previous Close | 0.7099 |
| Open | 0.7499 |
| Bid | 0.0000 x 0 |
| Ask | 0.0000 x 0 |
| Day's Range | 0.7099 - 0.7099 |
| 52 Week Range | 0.0400 - 0.7700 |
| Volume | 25 |
| Avg. Volume | 8,258 |
| Market Cap | 5.156M |
| Beta (5Y Monthly) | N/A |
| PE Ratio (TTM) | 22.90 |
| EPS (TTM) | 0.0310 |
| Earnings Date | Apr 12, 2021 |
| Forward Dividend & Yield | 0.04 (5.71%) |
| Ex-Dividend Date | Mar 31, 2021 |
| 1y Target Est | N/A |
Fair Value
Related Research
- GlobeNewswire
BAB, Inc. Reports Results for 1st Quarter FY 2021
DEERFIELD, Ill., April 12, 2021 (GLOBE NEWSWIRE) -- BAB, Inc. (OTCQB: BABB), announced its financial results for the first quarter ended February 28, 2021. For the quarter ended February 28, 2021, BAB had revenues of $723,000 and net income of $333,000, or earnings of $0.05 per share, versus revenues of $696,000 and net income of $43,000, or earnings of $0.01 per share for the quarter ended February 29, 2020. Net income for the quarter ended February 28, 2021 included loan forgiveness of $228,000. This was the Payroll Protection Program loan received May 1, 2020 with notice of forgiveness in full on December 9, 2020. Operating income for the first quarter 2021 was $137,000. Total operating expenses were $586,000 for the quarter ended February 28, 2021 versus $638,000 for February 29, 2020. For February 28, 2021 there was a $32,000 income tax expense recorded compared to $15,000 for February 29, 2020. 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. (TABLE FOLLOWS) 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 02/28/21 02/29/20 % Change REVENUES Royalty fees from franchised stores$346,660 $387,339 -10.5% Franchise fees 16,839 3,650 361.3% Licensing fees and other income 157,930 77,174 104.6% Marketing fund revenue 201,476 227,521 -11.4% Total Revenue 722,905 695,684 3.9% OPERATING COSTS AND EXPENSES Selling, general and administrative 584,724 636,854 -8.2% Depreciation and amortization 1,214 740 64.1% Total Operating Expense 585,938 637,594 -8.1% Income before interest, other and taxes 136,967 58,090 135.8% Interest income 123 104 18.3% Loan forgiveness 228,155 - NA Income tax expense (32,000) (15,000) 113.3% Net Income$ 333,245 $ 43,194 671.5% Earnings per share - basic and diluted$ 0.05 $ 0.01 Average number of shares outstanding 7,263,508 7,263,508
- GlobeNewswire
BAB, Inc. Announces Cash Distribution
DEERFIELD, Ill., March 17, 2021 (GLOBE NEWSWIRE) -- BAB, Inc. (OTCQB: BABB), today announced that its Board of Directors has declared a quarterly distribution of one cent ($0.01) per share, payable on April 22, 2021 to shareholders of record as of April 1, 2021. The Company believes it is possible for tax purposes, a portion of this distribution and any future distributions that the Board may declare in 2021 (collectively, the “Distributions”) may be treated as a return of capital to shareholders to the extent of each shareholder’s basis, while the remaining portion of the Distributions may be treated as a dividend. The portion of the April 22, 2021 Distribution that will be treated as a dividend will not be determined until January 2022, as that portion is dependent upon the Company’s earnings for tax purposes for its fiscal year ending November 30, 2021. The final determination will be reported to recipients of the Distributions on a tax information return in early 2022. 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. 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. CONTACT: Contact: BAB, Inc. Michael K. Murtaugh Phone: (847) 948-7520 Fax: (847) 405-8140 www.babcorp.com
- GlobeNewswire
BAB, Inc. Reports Year-ended 11/30/20 Results
DEERFIELD, Ill., Feb. 12, 2021 (GLOBE NEWSWIRE) -- BAB, Inc. (OTCQB: BABB) announced its financial results for its fiscal year-ended November 30, 2020, reporting a loss of $66,000, or $0.01 per share. For the year-ended November 30, 2020, BAB, Inc. had revenues of $2,372,000 and a loss of $66,000, or $0.01 per share, versus revenues of $3,070,000 and net income of $449,000, or $0.06 per share, for the same period in 2019. Income from operations for fiscal 2020 is $233,000 compared to $473,000 in 2019. In fiscal 2020 a deferred tax asset was reversed in the amount of $200,000 and a deferred tax liability was recorded in the amount of $85,000 creating a noncash deferred tax expense of $285,000 which reduced the operating income from $233,000 to a net loss of $66,000. The tax adjustments that affected net income were due to Federal net operating losses (NOLs) that were unused and expired in 2020. All NOLs did not expire in 2020. Total operating expenses for the year ended November 30, 2019, were $2,138,000 versus $2,596,000 for the year ended November 30, 2019. During fiscal 2020 BAB Systems, Inc., a wholly owned subsidiary of BAB, Inc. received a Payroll Protection Program loan (“PPP”) in the amount of $228,000 which was forgiven in full on December 8, 2020. 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. Michael K. Murtaugh (847) 948-7520 Fax: (847) 405-8140 www.babcorp.com BAB, INC. CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS Fiscal Year Ended 2020 2019 % Change REVENUES Royalty fees from franchised stores$1,379,153 $1,645,639 -16.2% Franchise and area development fee revenue 21,955 33,817 -35.1% Licensing fees and other income 298,766 402,293 -25.7% Marketing Fund revenue 671,659 987,943 -32.0% Total Revenue 2,371,533 3,069,692 -22.7% OPERATING COSTS AND EXPENSES Selling, general and administrative 1,462,921 1,606,211 -8.9% Depreciation and amortization 3,562 2,057 73.2% Marketing Fund expenses 671,659 987,943 -32.0% Total Operating Expense 2,138,142 2,596,211 -17.6% Income before interest, other and taxes 233,391 473,481 -50.7% Interest and other income 378 612 Income before provision for income taxes 233,769 474,093 -50.7% Current tax expense (15,000) (25,000) -40.0% Deferred tax expense (284,940) - NA Total Tax Provision (299,940) (25,000) Net (Loss)/Income$ (66,171) $ 449,093 -114.7% (Loss)/Earnings per share - basic and diluted (0.01) 0.06 Average number of shares outstanding 7,263,508 7,263,508
