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OTC · Consumer discretionary

Noble Romans Inc (NROM)

Noble Romans Inc brought in $16.6M of revenue over the twelve months to June 30, 2026, up 8.0% from a year earlier. Net income was $1.2M, a net margin of 7.1%. Operating cash flow minus capital spending left $1.1M of free cash flow in fiscal 2025. At June 30, 2026 it held $1.1M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 12, 2026.

Watch NROM in 60 seconds
Price
$0.58
0.00% on the day · September 25, 2026
52-week range $0.16 to $0.77
Market cap
$13.2M
Revenue (last 12 months)
$16.6M
+8.0% year on year
Net margin
7.1%
P/E
14.5
on FY2025 diluted EPS

What Noble Romans Inc does

Noble Romans Inc is registered with the SEC under industry code SIC 5812 (Retail-Eating Places). Its shares trade on OTC under the ticker NROM.

Revenue and profit by year

Revenue
FY18: $12.4M $12.4M FY18FY19: $11.7M $11.7M FY19FY20: $11.5M $11.5M FY20FY21: $13.9M $13.9M FY21FY22: $14.5M $14.5M FY22FY23: $14.4M $14.4M FY23FY24: $15.1M $15.1M FY24FY25: $16.5M $16.5M FY25
Net income
FY18: -$3.1M -$3.1M FY18FY19: -$378.1K -$378.1K FY19FY20: -$5.4M -$5.4M FY20FY21: $509.5K $509.5K FY21FY22: -$1.3M -$1.3M FY22FY23: $1.5M $1.5M FY23FY24: -$3.2K -$3.2K FY24FY25: $1.2M $1.2M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$16.5M$2.4M$1.2M$0.04$1.1M
2024$15.1M$1.5M-$3.2K$0.00$725.3K
2023$14.4M$3.4M$1.5M$0.07$1.6M
2022$14.5M$427.7K-$1.3M-$0.07-$478K
2021$13.9M$1.7M$509.5K$0.03$69.2K
2020$11.5M$2.3M-$5.4M-$0.34-$409K

Full financial statements: income, balance sheet and cash flow

Next report expected around December 28, 2026.

Estimated from its filing rhythm: 52 weeks after its report of December 29, 2025. Not a date the company has announced. See the report calendar

Where NROM ranks in Consumer discretionary

Revenue$16.5M
#900 of 1065 in Consumer discretionary · Bottom 16%
Revenue growth+8.7%
#311 of 950 in Consumer discretionary · Top 33%
Net margin7.1%
#289 of 966 in Consumer discretionary · Top 30%
Free cash flow margin6.7%
#342 of 850 in Consumer discretionary · Top 40%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Consumer discretionary

Latest SEC filings

What Noble Romans Inc has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. September 16, 2026
  2. August 12, 2026
    Quarterly report 10-Q · period to June 30, 2026Revenue rose 1.1% to $4.1M versus the same quarter last year; diluted EPS $0.01 versus $0.01.
  3. August 4, 2026
  4. June 29, 2026
    Quarterly report 10-Q · period to March 31, 2026Revenue rose 3.8% to $3.9M versus the same quarter last year; diluted EPS $0.01 versus $0.01.
  5. June 18, 2026
  6. June 12, 2026
  7. June 8, 2026
    Annual report 10-K · period to December 31, 2025Revenue rose 8.7% to $16.5M versus the prior year; diluted EPS $0.04 versus $0.00.
  8. May 15, 2026
  9. April 13, 2026
  10. March 31, 2026

Recent insider filings (Forms 3, 4 and 144): 9, the latest on September 3, 2026. Insider transactions on SEC

What is NROM worth? A DCF from its reported cash flow

Insider trades

What the people running Noble Romans Inc did with its shares, from the Form 4 filings they must send the SEC within two business days.

Insiders sold $3.8K worth of shares in the last 90 days and bought none on the open market.

Bought (open market)
$0
last 90 days
Sold
$3.8K
last 90 days
Net sold
5,556
$3.8K
DateInsiderWhatSharesPriceValueFiling
August 27, 2026 Coape-Arnold Douglas HaroldDirector Sold 5,556 $0.68 $3.8K Form 4
June 5, 2026 Mobley Paul WExecutive Chairman and CFO, Director, 10% owner Exercised options 450,000 $0.10 $45K Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns NROM

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

No holder of 5% or more has filed about this company in that window.

Latest filings below 5%: Corbel Capital Partners Sbic, L.P. 0% (June 18, 2026).

Largest institutional holders

No Form 13F positions imported for this company yet.

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

2 insiders reported holding 3,572,702 shares in total, about $2.1M at the last price.

HolderSharesAs of
Mobley Paul WExecutive Chairman and CFO, Director, 10% owner 3,252,702 June 5, 2026
Coape-Arnold Douglas HaroldDirector 320,000 August 27, 2026

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about NROM

What does Noble Romans Inc do?

Noble Romans Inc is registered with the SEC under industry code SIC 5812 (Retail-Eating Places). Its shares trade on OTC under the ticker NROM.

Is Noble Romans Inc profitable?

Yes. Over the twelve months to June 30, 2026 it reported net income of $1.2M on revenue of $16.6M, a net margin of 7.1%.

How much revenue does Noble Romans Inc make?

Over the twelve months to June 30, 2026 Noble Romans Inc reported revenue of $16.6M. That is 8.0% more than a year earlier.

When did Noble Romans Inc last report?

Its most recent periodic report is the quarterly report (10-Q) filed on August 12, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the shareholder vote results from September 16, 2026.

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Where the numbers come from

Financial figures are the values Noble Romans Inc tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.