BAB INC
			Symbol			BABB

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BAB, Inc. Reports Profit for 3rd Quarter FY 2009

2009-10-06 15:29 ET - News Release

DEERFIELD, Ill. -- (Business Wire)

BAB, Inc. (OTCBB: BABB), announced its financial results for its third quarter ended August 31, 2009.

For the quarter ended August 31, 2009, BAB had revenues of $824,000 and net income of $115,000, or $0.02 per share, versus revenues of $932,000 and net income of $162,000, or $0.02 per share, for the same quarter last year.

For the nine months ended August 31, 2009, BAB had revenues of $2,399,000 and a net loss of $2,168,000, or $0.30 per share, versus revenues of $2,849,000 and net income of $483,000, or $0.07 per share for the same period in 2008. Excluding the first quarter 2009 noncash impairment charge for goodwill and other intangibles of $2,399,000, the nine months ended August 31, 2009 net income would have been $231,000. There was no impairment charge in 2008.

Total operating expenses for the quarter ended August 31, 2009, were $709,000 versus $773,000 in 2008. For the nine months ended August 31, 2009, total operating expenses, excluding the $2,399,000 impairment charge, were $2,171,000 versus $2,383,000 in 2008.

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