Filing Flows › Noble Romans (NROM) › Q1 2025
Noble Romans (NROM) Q1 2025 earnings results (first quarter 2025)
10-Q filed Jun 26, 2025
Noble Romans (NROM) reported revenue of $3.8M for the first quarter 2025 (Q1 2025), +3% from a year earlier and +2% from the quarter before. Operating margin was 13.3%, net earnings $131K (3.5% of revenue).
Noble Romans, Q1 2025: revenue $3.8M (+3% year over year), operating margin 13.3%, net earnings $131K, operating cash flow $158K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.8M | +2% | +3% |
| Operating profit | $502K | +635% | +16% |
| Net earnings | $131K | — | — |
| Operating cash flow | $158K | -50% | -72% |
| Free cash flow | $139K | -53% | -74% |
What changed
Revenue was $3.8M in Q1 2025, up 3% year over year and up 2% from the previous quarter.
Operating profit was $502K, a 13.3% margin (up 1.6 points year over year). Of the extra revenue versus a year earlier, 74% reached operating profit, above the 12% margin then. Total costs grew 1% against revenue growth of 3%. Net earnings were $131K. The effective tax rate was 24.0%.
Operating cash flow was $158K (down 72% year over year), 121% of net earnings. Non-cash charges added back $190K of depreciation. Working capital and other items used $163K. Capital expenditures of $19K left free cash flow of $139K.
Questions
What was Noble Romans' revenue in the first quarter 2025?
Noble Romans (NROM) reported revenue of $3.8M for the first quarter 2025 (Q1 2025), +3% from a year earlier and +2% from the quarter before.
Was Noble Romans profitable in the first quarter 2025?
Operating profit was $502K (13.3% of revenue) and net earnings $131K.
Source: Noble Romans 10-Q on SEC EDGAR.