Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data BAB, INC. files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2020
FY2021
FY2023
FY2022
FY2023
FY2024
FY2025
FY2024
FY2024
FY2025
Revenue
2.37
3.07
3.29
3.51
3.51
3.55
3.55
3.44
Selling and marketing
0.03
0.02
0.01
0.01
0.01
0
0
0
Operating expenses
2.14
2.53
2.68
2.9
2.9
2.88
2.88
2.72
Operating income
0.23
0.54
0.61
0.61
0.61
0.67
0.67
0.72
Interest income
0
0
0
0.04
0.04
0.07
0.07
0.06
Pre-tax income
0.23
0.77
0.61
0.65
0.65
0.73
0.73
0.78
Income tax
0.3
0.12
0.18
0.18
0.18
0.21
0.21
0.22
Net income
-0.07
0.65
0.47
0.43
0.53
0.47
0.53
0.53
0.53
0.56
EBITDA
0.24
0.55
0.61
0.62
0.62
0.67
0.67
0.73
EPS, basic
-0.01
0.09
0.06
0.06
0.06
0.06
0.07
0.07
0.07
0.08
EPS, diluted
-0.01
0.09
0.06
0.06
0.06
0.06
0.07
0.07
0.07
0.08
Shares, basic (weighted)
7.26
7.26
7.26
7.26
7.26
7.26
7.26
7.26
7.26
7.26
Shares, diluted (weighted)
7.26
7.26
7.26
7.26
7.26
7.26
7.26
7.26
7.26
7.26
Dividend per share
0.04
0.04
0.04
0.05
0.05
0.05
0.05
0.06
Balance sheet
FY2020
FY2021
FY2023
FY2022
FY2023
FY2024
FY2025
FY2024
FY2024
FY2025
Cash and equivalents
1.24
1.46
1.62
1.89
2.18
2.15
Receivables
0.06
0.09
0.07
0.07
0.07
0.06
Other current assets
0.1
0.09
0.16
0.1
0.08
0.11
Total current assets
1.81
2.26
2.15
2.26
2.51
2.5
Property, plant and equipment
0
0
0
0
0
0
Lease right-of-use assets
0.3
0.22
0.13
0.03
0.37
0.31
Goodwill
1.49
1.49
1.49
1.49
Intangible assets
0.02
0.02
0.02
0.02
0.01
0.01
Total assets
4.09
4.46
4.29
4.3
4.84
4.78
Accounts payable
0.01
0
0.01
0
0
0.01
Deferred revenue
0.6
Short-term debt
0.23
0
Total current liabilities
1.08
1.1
0.77
0.65
0.73
0.59
Lease liabilities
0.26
0.15
0.04
0
0.33
0.27
Total liabilities
1.52
1.53
1.22
1.12
1.5
1.32
Total debt
0.23
0
Paid-in capital
0.99
0.99
0.99
0.99
0.99
0.99
Retained earnings
-11.7
-11.3
-11.2
-11.1
-10.9
-10.8
Treasury stock
-0.22
-0.22
-0.22
-0.22
-0.22
-0.22
Shareholders' equity
2.57
2.93
3.18
3.34
3.34
3.46
Total equity
2.57
2.93
3.18
3.34
3.34
3.46
Total liabilities and equity
4.09
4.46
4.29
4.3
4.84
4.78
Shares outstanding
7.26
7.26
7.26
7.26
7.26
7.26
Cash flow statement
FY2020
FY2021
FY2023
FY2022
FY2023
FY2024
FY2025
FY2024
FY2024
FY2025
Net income
-0.07
0.65
0.47
0.43
0.53
0.47
0.53
0.53
0.53
0.56
Depreciation and amortization
0
0.01
0
0
0
0
0
0
Deferred income tax
0.28
0.08
0.12
0.03
0.03
0.01
0.01
0.01
Change in payables
0.01
0.01
-0.01
-0
-0
-0
-0
0.01
Cash from operations
0.21
0.72
0.14
0.53
0.53
0.64
0.64
0.41
Cash from investing
-0.01
-0
0
-0
-0
-0.01
-0.01
-0.01
Dividends paid
-0.29
-0.29
-0.29
-0.36
-0.36
-0.36
-0.36
-0.44
Cash from financing
-0.06
-0.29
-0.29
-0.36
-0.36
-0.36
-0.36
-0.44
Net change in cash
0.14
0.43
-0.16
0.17
0.17
0.26
0.26
-0.03
Interest paid
0
0
0
0
0
0
0
0
Income taxes paid
0.04
0.04
0.14
0.05
0.05
0.17
0.17
0.31
Key metrics
Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $0.85 on September 28, 2026.
Profitability
Metric
Value
How it is calculated
Operating margin
21.0%
Operating income / revenue.
EBITDA margin
21.1%
EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin
22.7%
Pre-tax income / revenue.
Net margin
16.3%
Net income / revenue.
Operating cash flow margin
12.0%
Cash from operations / revenue.
Effective tax rate
28.3%
Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)
16.1%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
11.7%
Net income / average total assets.
Return on invested capital (ROIC)
39.5%
Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
D&A / revenue
0.1%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
-3.0%
Revenue vs the same period a year earlier. Only from a positive base.
Operating income growth, 1y
8.5%
Operating income vs the same period a year earlier. Only from a positive base.
EBITDA growth, 1y
8.5%
EBITDA vs the same period a year earlier. Only from a positive base.
Net income growth, 1y
6.4%
Net income vs the same period a year earlier. Only from a positive base.
EPS growth, 1y
14.3%
EPS vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y
-35.0%
Operating cash flow vs the same period a year earlier. Only from a positive base.
Dividend per share growth, 1y
20.0%
Dividend per share vs the same period a year earlier. Only from a positive base.
Share count change, 1y
0.0%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
4.26x
Current assets / current liabilities.
Quick ratio
3.77x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
3.67x
(Cash + short-term investments) / current liabilities.
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic
$0.08
Net income per basic share, as reported (split-adjusted).
Revenue per share
$0.47
Revenue / diluted weighted shares.
Operating cash flow per share
$0.06
Cash from operations / diluted weighted shares.
Book value per share
$0.48
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Dividend declared per common share (paid, when declared is not tagged).
Payout ratio
78.0%
Dividends paid / net income, when net income is positive.
Valuation
Metric
Value
How it is calculated
Market cap
$6.2M
Share price x shares outstanding.
Enterprise value
$4.0M
Market cap + total debt - cash - short-term investments.
P/E
11.0x
Market cap / net income. Only when net income is positive.
P/S
1.79x
Market cap / revenue.
P/B
1.78x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
3.15x
Market cap / tangible book value, when positive.
P/OCF
14.9x
Market cap / cash from operations, when positive.
EV/Sales
1.17x
Enterprise value / revenue.
EV/EBIT
5.57x
Enterprise value / operating income, when both are positive.
EV/EBITDA
5.53x
Enterprise value / EBITDA, when both are positive.
Earnings yield
9.1%
Net income / market cap (the inverse of P/E).
Dividend yield
7.1%
Dividends paid over the period / market cap.
Shareholder yield
7.1%
(Dividends paid + share buybacks) / market cap.
What was BAB, INC.'s revenue in fiscal 2025?
BAB, INC. reported revenue of $3.4M for fiscal 2025, 3% lower than the year before.
Was BAB, INC. profitable in fiscal 2025?
Yes. Net income was $559.0K, a net margin of 16.3%.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.