Noble Roman S Inc's Revenue Slides by Slight -4.542% During Q1 2023 Financial Interval

Noble Roman S Inc, a popular player in the Restaurants industry, has recorded a cumulative net loss of $0 million in the 12 months ending in the first quarter of 2023.
This has resulted in a negative return on equity (ROE) of -2.03%. As compared to other companies within the industry, 18 other companies had a higher return on equity, indicating that NROM has some catching up to do.

However, there is some good news for investors as NROM's overall ranking for return on equity has advanced in the quarter, reaching 1584 from the total ROE ranking in the fourth quarter of 2022 at 3330.
Additionally, the first quarter of 2023 saw NROM turn around to surplus, posting an Income per Share of $0.04 per share compared to $-0.01 a year ago, and income per share turned positive from $-0.04 per share from the preceding financial reporting period.

While NROM did record a contraction in revenue by -4.542% to $3.31 million from $3.47 million in the corresponding financial reporting period a year ago, and sequentially Revenue decreased by -0.64% from $3.33 million, the company did manage to record net income of $0.868 million in the first quarter of 2023, an improvement versus a net shortfall of $-0.137 million in the corresponding financial reporting period a year ago.

Investors should also note that NROM has been emphasizing its improving profit margins, with net margin rising to 26.25% in the first quarter of 2023, and operating margin edging up to 46.13%. The operating earnings have also risen by 858.73% to $1.525749 million.


Despite the mixed results, NROM is expected to report next financial results on May 15, 2023.
Investors should monitor the company's performance closely, as this could provide insights into the future prospects of the company.

Noble Roman S Inc's Capital Expenditures Growth

Noble Roman S Inc's ROE

Other NROM's news

A modest 4.5%, rise in revenue at the company in the fiscal second quarter of 2025

A restrained Top-line advance at NROM in the first quarter of 2025 earnings season

Compelling revenue by the company all along the October to December 31 2024 time-frame

Was 3.764%, rise adequate at NROM amid the most recent fiscal period

Strategic adjustments and growth opportunities on the horizon for Noble Roman S Inc following fiscal first quarter results

Earnings lifted by $0.27 million tax benefit

Challenging Quarter for Noble Roman S Inc: Revenue Decline, but Promising Signs Amidst the Setback

Noble Roman S Inc sees a 6.468% Surge in Revenue, Overcoming Decline in EPS in Q2 of 2023

Noble Roman S Inc*s Revenue Slides by Slight -4.542% During Q1 2023 Financial Interval

The Deficit has widen further due to Decrease in business the NROM in the fourth quarter of 2022 earnings season

A modest 4.608%, rise in Revenues at in the April to June 30 2022 period