BABB BAB Inc (QB)

BAB, Inc. (OTCBB: BABB) announced its financial results for its fiscal year ended November 30, 2014, reporting net income of $512,000, or $0.07 per share.

For the year-ended November 30, 2014, BAB, Inc. had revenues of $2,535,000 and net income of $512,000, or $0.07 per share, versus revenues of $2,450,000 and net income of $351,000, or $0.05 per share, for the same period in 2013.

Total operating expenses for the year ended November 30, 2014, were $1,997,000 versus $2,065,000 for the year ended November 30, 2013.

BAB, Inc. franchises and licenses Big Apple Bagels®, My Favorite Muffin®, SweetDuet Frozen Yogurt & Gourmet Muffins® and Brewster’s® Coffee. The Company’s stock is traded on the OTCBB under the symbol BABB and its web site can be visited at www.babcorp.com.

(TABLE FOLLOWS)

  BAB, INC. CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS               Fiscal Year Ended   2014     2013     % Change REVENUES   Royalty fees from franchised stores 1,746,991 1,785,921 -2.2 % Franchise and area development fee revenue 277,500 60,000 362.5 % Licensing fees and other income 510,099       604,273       -15.6 % Total Revenue 2,534,590 2,450,194 3.4 %   OPERATING COSTS AND EXPENSES   Selling, general and administrative 1,978,609 2,047,370 -3.4 % Depreciation and amortization 17,983       17,493       2.8 % Total Operating Expense 1,996,592 2,064,863 -3.3 %               Income before interest, other and taxes 537,998       385,331       39.6 %   Interest expense (4,308 ) (5,699 ) -24.4 % Interest and other income 673 968 -30.5 %   Current tax expense (22,417 ) (30,067 ) N/M               Net Income 511,946       350,533       46.0 %   Earnings per share - basic 0.07 0.05 N/M Average number of shares outstanding 7,263,508 7,263,508 N/M   Earnings per share - diluted 0.07 0.05 N/M Average number of shares outstanding 7,263,508 7,268,608 N/M  

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