BAB, Inc. Reports Results for 1st Quarter FY 2015

DEERFIELD, Ill. - April 13, 2015 - (BUSINESS WIRE) - BAB, Inc. (OTCQB: BABB), announced its financial results for the first quarter ended February 28, 2015.

For the quarter ended February 28, 2015, BAB had revenues of $492,000 and a net loss of $246,000, or a loss of $0.034 per share, versus revenues of $537,000 and net income of $31,000, or $0.004 per share, for the quarter ended February 28, 2014.

Total operating expenses were $738,000 for the quarter ended February 28, 2015, versus $505,000 for the same period in 2014. The operating expenses for 2015 included $243,000 of expenses relating to the settlement of a lawsuit against BAB Operations, Inc., a wholly owned subsidiary of BAB, Inc., which involved the 2001 lease assignment of a Company-owned store that had subsequently been franchised.

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

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.


      02/28/15     02/28/14     % Change
Royalty fees from franchised stores     394,095       396,706       -0.7 %
Franchise and area development fee revenue     5,000       35,000       -85.7 %
Licensing fees and other income     93,293       105,165       -11.3 %
      492,388       536,871       -8.3 %
Selling, general and administrative     733,707       500,085       46.7 %
Depreciation and amortization     4,234       4,561       -7.2 %
      737,941       504,646       46.2 %
(Loss)/Income before interest, other and taxes     (245,553 )     32,225       N/M  
Interest expense     (776 )     (1,137 )     -31.8 %
Interest income     724       148       N/M  
Net (Loss)/Income     (245,605 )     31,236       N/M  
(Loss)/Earnings per share - basic     (0.034 )     0.004       N/M  
Average number of shares outstanding     7,263,508       7,263,508       N/M  
(Loss)/Earnings per share - diluted     (0.034 )     0.004       N/M  
Average number of shares outstanding     7,266,245       7,265,265       N/M  



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


Social Reach:

Viewer Response:

comments powered by Disqus

Big Apple Bagels, Inc. (BAB) »

Big Apple Bagels, Inc. (BAB) operates, franchises, and licenses Big Apple Bagels ®, My Favorite Muffin ®, Jacobs Bros. Bagels ® and Brewster's ® Coffee.


  1. Business Overview
  2. Franchise News

Franchise News Room »

News By Industry »

Hot Opportunities

Taco Bueno Franchise Opportunity

Taco Bueno
At Taco Bueno, we continue to make Tex-Mex the right way. We prepare our...

Batteries Plus Bulbs Franchise Opportunity

Batteries Plus Bulbs
Whether you're an existing multi-unit operator with a non-competing brand...

Kitchen Solvers Franchise Opportunity

Kitchen Solvers
As a Kitchen Solvers franchisee you will not need any prior remodeling or...

Kids 'R' Kids Franchise Opportunity

Kids 'R' Kids
Kids 'R' Kids Learning Academies is a pioneer in the early childhood...

Nestle Toll House Cafe by Chip Franchise Opportunity

Nestle Toll House Cafe by Chip
Nestlé Toll House Café by Chip is the only major, national dessert café...

Launch Trampoline Park Franchise Opportunity

Launch Trampoline Park
Launch Trampoline Park is an indoor sports and entertainment facility...

Camille Albane Franchise Opportunity

Camille Albane
Decades of trendsetting chain-salon experience in Europe give Camille...

Midas Franchise Opportunity

Midas, a recognized brand throughout the world and highly renowned name in...

A Franchise Update Media Group Production
Franchise Update Media | P.O. Box 20547 // San Jose, CA 95160 // PH. (408) 402-5681
Copyright © 2001 - 2016. All Rights Reserved. Site Hosting Provided By: wishVPS on FUMG3

In Loving Memory Of Timothy Gardner (1987-2014)