BAB, Inc. Reports Results for 3rd Quarter FY 2024
BAB INC (BABB)
NASDAQ:AMEX Investor Relations:
babcorp.com/investors/default.htm
Company Research
Source: GlobeNewswire
DEERFIELD, Ill., Oct. 04, 2024 (GLOBE NEWSWIRE) -- BAB, Inc. (OTCQB: BABB), announced its financial results for the third quarter ended August 31, 2024. For the quarter ended August 31, 2024 BAB had revenues of $872,000 and net income of $160,000, or $0.02 per share earnings, versus revenues of $937,000 and net income of $168,000, or a $0.02 per share, for the same quarter last year. Royalty revenue increased for the third quarter 2024 compared to third quarter 2023. Franchise fee revenue and License fee and other income and Marketing Fund revenue decreased in the third quarter ended August 31, 2024 compared to same quarter 2023. For the nine months ended August 31, 2024, revenues were $2,591,000 and net income was $405,000, or $0.06 per share, versus revenues of $2,547,000 and net income of $330,000, or $0.05 per share for the same period in 2023. Royalty revenue, franchise fee revenue, and License fee and other income increased for the nine months ended August 31, 2024 compared
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