Noble Romans, Inc.: Noble Roman s Announces Results of 1st Quarter 2021
INDIANAPOLIS, IN / ACCESSWIRE / May 12, 2021 / Noble Roman s, Inc. (OTCQB:
NROM), the Indianapolis based franchisor and licensor of Noble Roman s Pizza and Craft Pizza & Pub, today announced results for the three-month period ended March 31, 202l along with other strategic highlights.
For the three-month period ended March 31, 2021, the company reported total revenues of $3.3 million and an operating profit before interest and taxes of $1.2 million. This compared to the three-month period ended March 31, 2020 when the company reported revenues of $2.7 million and an operating profit before interest and taxes of $589 thousand.
Operating income improved in part as a result of increased revenue from the company s Craft Pizza & Pub segment, partially offset by a decrease in franchising revenue due largely to government mandated COVID-19 shutdowns and restrictions. In the midst of the COVID-19 pandemic, closed din
Noble Roman s Announces 4th Quarter & Twelve Month 2020 Financial Data
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Noble Roman s Announces 4th Quarter & Twelve Month 2020 Financial Data
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