Noble Roman's, Inc. (NROM)

Noble Roman's Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	15.68	15.15	14.37	14.45	13.88	11.54
Revenue Growth (YoY)	6.07%	5.40%	-0.55%	4.09%	20.36%	-1.44%
Cost of Revenue	10.65	10.5	8.84	11.41	9.5	7.12
Gross Profit	5.03	4.65	5.54	3.05	4.38	4.41
Selling, General & Admin	2.21	2.64	1.55	2.17	1.79	1.72
Operating Expenses	2.71	3.14	1.93	2.62	2.64	2.1
Operating Income	2.32	1.51	3.61	0.43	1.74	2.31
Interest Expense	-1.55	-1.64	-1.74	-1.88	-1.36	-1.91
Other Non Operating Income (Expenses)	0.35	-0.03	-0.4	-	-	-4.94
Pretax Income	1.12	-0.16	1.46	-1.46	0.38	-4.54
Income Tax Expense	0.14	-0.16	-	-0.14	-0.13	0.84
Earnings From Continuing Operations	0.97	-0	1.46	-1.31	0.51	-5.38
Net Income	0.97	-0	1.46	-1.31	0.51	-5.38
Net Income to Common	0.97	-0	1.46	-1.31	0.51	-5.38
Net Income Growth	253.55%	-	-	-	-	-
Shares Outstanding (Basic)	22	22	22	22	22	22
Shares Outstanding (Diluted)	26	24	24	22	24	22
Shares Change (YoY)	5.45%	3.01%	6.23%	-6.03%	6.42%	-4.72%
EPS (Basic)	0.04	-0.00	0.07	-0.06	0.02	-0.24
EPS (Diluted)	0.04	-0.00	0.06	-0.06	0.02	-0.24
EPS Growth	226.08%	-	-	-	-	-
Free Cash Flow	1.18	0.81	1.57	-0.48	0.07	-0.41
Free Cash Flow Per Share	0.05	0.03	0.07	-0.02	0.00	-0.02
Gross Margin	32.08%	30.71%	38.52%	21.07%	31.57%	38.26%
Operating Margin	14.78%	9.97%	25.10%	2.96%	12.56%	20.06%
Profit Margin	6.21%	-0.02%	10.16%	-9.09%	3.67%	-46.66%
Free Cash Flow Margin	7.53%	5.34%	10.91%	-3.31%	0.50%	-3.55%
EBITDA	2.82	2.01	3.99	0.88	3.07	3.75
EBITDA Margin	18.00%	13.27%	27.74%	6.08%	22.14%	32.48%
D&A For EBITDA	0.51	0.5	0.38	0.45	1.33	1.43
EBIT	2.32	1.51	3.61	0.43	1.74	2.31
EBIT Margin	14.78%	9.97%	25.10%	2.96%	12.56%	20.06%
Effective Tax Rate	12.92%	-	-	-	-	-
Revenue as Reported	15.68	15.15	14.37	14.45	13.88	11.54

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.