Noble Roman's Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	16.46	15.15	14.37	14.45	13.88
Revenue Growth (YoY)	8.66%	5.40%	-0.55%	4.09%	20.36%
Cost of Revenue	10.86	10.5	8.84	11.41	9.5
Gross Profit	5.6	4.65	5.54	3.05	4.38
Selling, General & Admin	2.34	2.68	1.55	2.17	1.79
Operating Expenses	2.73	3.18	1.93	2.62	2.64
Operating Income	2.88	1.48	3.61	0.43	1.74
Interest Expense	-1.34	-1.64	-1.74	-1.88	-1.36
Other Non Operating Income (Expenses)	0.05	0	-0.4	-	-
Pretax Income	1.59	-0.16	1.46	-1.46	0.38
Income Tax Expense	0.42	-0.16	-	-0.14	-0.13
Earnings From Continuing Operations	1.17	-0	1.46	-1.31	0.51
Net Income	1.17	-0	1.46	-1.31	0.51
Net Income to Common	1.17	-0	1.46	-1.31	0.51
Shares Outstanding (Basic)	22	22	22	22	22
Shares Outstanding (Diluted)	32	24	24	22	24
Shares Change (YoY)	34.17%	1.31%	6.23%	-6.03%	6.42%
EPS (Basic)	0.05	-0.00	0.07	-0.06	0.02
EPS (Diluted)	0.04	-0.00	0.06	-0.06	0.02
Free Cash Flow	1.1	0.73	1.57	-0.48	0.07
Free Cash Flow Per Share	0.03	0.03	0.07	-0.02	0.00
Gross Margin	34.05%	30.71%	38.52%	21.07%	31.57%
Operating Margin	17.46%	9.74%	25.10%	2.96%	12.56%
Profit Margin	7.13%	-0.02%	10.16%	-9.09%	3.67%
Free Cash Flow Margin	6.69%	4.79%	10.91%	-3.31%	0.50%
EBITDA	3.27	1.97	3.99	0.88	3.07
EBITDA Margin	19.85%	13.03%	27.74%	6.08%	22.14%
D&A For EBITDA	0.39	0.5	0.38	0.45	1.33
EBIT	2.88	1.48	3.61	0.43	1.74
EBIT Margin	17.46%	9.74%	25.10%	2.96%	12.56%
Effective Tax Rate	26.25%	-	-	-	-
Revenue as Reported	16.46	15.15	14.37	14.45	13.88