BAB, Inc. Income Statement

Financials in millions USD. Fiscal year is December - November.

Millions USD. Fiscal year is Dec - Nov.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Aug '25 Aug 31, 2025	Nov '24 Nov 30, 2024	Nov '23 Nov 30, 2023	Nov '22 Nov 30, 2022	Nov '21 Nov 30, 2021	Nov '20 Nov 30, 2020
Revenue	3.29	3.55	3.51	3.29	3.07	2.37
Revenue Growth (YoY)	-7.46%	1.01%	6.78%	7.00%	29.54%	-22.74%
Cost of Revenue	0.95	1.18	1.26	1.1	1	0.7
Gross Profit	2.34	2.37	2.25	2.19	2.07	1.67
Selling, General & Admin	1.6	1.69	1.64	1.58	1.52	1.44
Operating Expenses	1.61	1.69	1.64	1.58	1.53	1.44
Operating Income	0.73	0.68	0.61	0.61	0.54	0.23
Interest & Investment Income	0.06	0.07	0.04	0	0	0
EBT Excluding Unusual Items	0.79	0.74	0.65	0.61	0.54	0.23
Other Unusual Items	-0.01	-0.01	-	-	0.23	-
Pretax Income	0.78	0.73	0.65	0.61	0.77	0.23
Income Tax Expense	0.22	0.21	0.18	0.18	0.12	0.3
Net Income	0.56	0.53	0.47	0.43	0.65	-0.07
Net Income to Common	0.56	0.53	0.47	0.43	0.65	-0.07
Net Income Growth	3.07%	12.38%	8.18%	-33.65%	-	-
Shares Outstanding (Basic)	7	7	7	7	7	7
Shares Outstanding (Diluted)	7	7	7	7	7	7
EPS (Basic)	0.08	0.07	0.06	0.06	0.09	-0.01
EPS (Diluted)	0.08	0.07	0.06	0.06	0.09	-0.01
EPS Growth	3.07%	12.38%	8.18%	-33.65%	-	-
Free Cash Flow	0.67	0.64	0.53	0.14	0.72	0.21
Free Cash Flow Per Share	0.09	0.09	0.07	0.02	0.10	0.03
Dividend Per Share	0.040	0.040	0.040	0.040	0.040	0.010
Dividend Growth	-	-	-	-	300.00%	-75.00%
Gross Margin	71.07%	66.75%	64.21%	66.65%	67.33%	70.62%
Operating Margin	22.21%	19.10%	17.52%	18.49%	17.63%	9.84%
Profit Margin	16.99%	14.82%	13.31%	13.14%	21.19%	-2.79%
Free Cash Flow Margin	20.41%	17.99%	15.22%	4.11%	23.30%	8.98%
EBITDA	0.73	0.68	0.62	0.61	0.55	0.24
EBITDA Margin	22.34%	19.21%	17.62%	18.63%	17.80%	9.99%
D&A For EBITDA	0	0	0	0	0.01	0
EBIT	0.73	0.68	0.61	0.61	0.54	0.23
EBIT Margin	22.21%	19.10%	17.52%	18.49%	17.63%	9.84%
Effective Tax Rate	28.15%	28.19%	28.14%	28.97%	15.47%	128.31%
Revenue as Reported	3.29	3.55	3.51	3.29	3.07	2.37
Advertising Expenses	-	0	0.01	0.01	0.02	0.03

Updated Aug 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.