BAB Inc. (BABB.OB) Management Shows Encouraging Business Improvement
Net revenue of about $1 million is not significant in today’s stock market environment. This stock has enjoyed a nearly 70% annual jump in profitability for the year ended November 2007, but most of this is because of a deferred tax benefit that is not relevant for current operations. Gross revenue for 2007 is nearly the same as for 2006, in the neighborhood of $3 million. Why are such pedestrian business results so exciting from a professional investor perspective? 1. Bagels, muffins, and coffee, are more than American. They represent nutrition, convenience, and lifestyle values that people all over the…