Posted: 05/04/2025 03:59 am
BAB, Inc. (OTCQB: BABB), the Illinois-based operator in the retail-eating places sector, has been under spotlight not only for its financial performance but also its compensation structure at the executive level. An analysis of executive pay over recent years, specifically for Michael K. Murtaugh, Vice President and General Counsel, provides a glimpse into the company’s compensation philosophy.
In the 2024 fiscal year, Murtaugh received a total compensation package of $186,188, which marked an increase from the 2022 fiscal year's package of $170,279. His salary saw a nominal increase from $154,967 in 2022 to $160,327 in 2024. Notably, his bonus also doubled from $10,000 in 2022 to $20,000 in 2024. Despite these increases, stock and option awards continued to be absent from his compensation, reflecting possibly the company’s limited option usage or performance-linked pay strategies. The relatively modest growth in all other compensation, from $5,312 to $5,861, further shows cautious compensation adjustments aligning with company performance.^[1^][2^][3^][4^][5^]
The latest financial results reflect a steady yet marginal growth for BAB, Inc. In the fiscal year ending November 30, 2024, the company reported revenues of $3,545,000 and a net income of $525,000 or $0.07 per share. This was a slight improvement over the previous year, which saw revenues of $3,510,000 and a net income of $467,000, indicating a slow but positive growth trajectory.^[6^][7^]
From a market perspective, the company’s stock is currently trading at $0.83, marking a modest increase of 1.86% recently. The share price fluctuation aligns with a price-to-earnings ratio of 10.38, which is fairly typical for the sector. Despite challenges, the firm has achieved a year-high of $1.04, illustrating potential resilience or favorable investor outlook underpinned by the company's stable earnings per share (EPS) of $0.08.^[8^]
These financial outcomes present a broader picture of how BAB, Inc. aligns compensation with its corporate performance. The steady rise in Murtaugh’s compensation corresponds with incremental financial gains while maintaining fiscal prudence. As the company continues to navigate the dynamic retail-eating industry, its compensation strategy may play a crucial role in motivating executives to steer the firm towards sustained growth and shareholder value.
1. SEC Compensation Data for Michael K. Murtaugh, 2024. https://www.sec.gov/Archives/edgar/data/1123596/000143774925011354/0001437749-25-011354-index.htm
2. SEC Compensation Data for Michael K. Murtaugh, 2022. https://www.sec.gov/Archives/edgar/data/1123596/000143774924015034/0001437749-24-015034-index.htm
3. SEC Compensation Data for Michael K. Murtaugh, 2022. https://www.sec.gov/Archives/edgar/data/1123596/000143774923010393/0001437749-23-010393-index.htm
4. SEC Compensation Data for Michael W. Evans, 2020. https://www.sec.gov/Archives/edgar/data/1123596/000143774922008805/0001437749-22-008805-index.htm
5. SEC Compensation Data for Michael K. Murtaugh, 2020. https://www.sec.gov/Archives/edgar/data/1123596/000143774921009462/0001437749-21-009462-index.htm
6. BAB, Inc. Press Release, Fiscal Year-Ended November 30, 2024 Financial Results. https://www.globenewswire.com/news-release/2025/02/18/3028234/0/en/BAB-Inc-Reports-Year-ended-11-30-24-Results.html
7. Recent News Headline for BABB, April 02, 2025. https://www.globenewswire.com/news-release/2025/04/02/3054345/0/en/BAB-Inc-Reports-Results-for-1st-Quarter-FY-2025.html
8. Current Stock Price and Market Data for BAB, Inc. https://www.globenewswire.comмор/news-release/2025/02/18/3028234/0/en/BAB-Inc-Reports-Year-ended-11-30-24-Results.html
