Noble Romans Q1 Revenue Rises 3.9% to $3.9M, Net Income Surges 78%
NROM has more than doubled off its 52-week low of $0.14.
Summary
Noble Romans reported Q1 2026 revenue of $3.9 million, a 3.9% increase year-over-year, with net income surging 78% to $232.5K, resulting in $0.01 diluted EPS. This positive operational performance follows the company's recent successful refinancing of its critical debt with a new $6.9 million loan, as detailed in an 8-K on June 12th and the 10-Q filed today. The strong growth in net income and revenue, alongside strategic refocusing on non-traditional franchising and operational efficiencies, indicates continued positive momentum for the company after addressing its debt concerns.
At the time of this announcement, NROM was trading at $0.67 on OTC in the Trade & Services sector, with a market capitalization of approximately $14.9M. The 52-week trading range was $0.14 to $0.74. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Wiseek News.