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.