NROM Noble Romans
Noble Roman's, Inc. sells and services franchises and licenses for non-traditional and foodservice operations. It offers foodservices under the trade names Noble Roman's Pizza, Noble Roman's Take-N-Bake, Noble Roman's Craft Pizza & Pub and Tuscano's Italian Style Subs. The company was founded in 1972 and is headquartered in Indianapolis, IN.
Company profile
Ticker
NROM
Exchange
Website
CEO
A. Scott Mobley
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
IRS number
351281154
Press releases
Noble Roman's to Open New Craft Pizza & Pub in Franklin, Indiana
28 Jul 21
Noble Roman's Engages Market Veteran Mike Cole for IR Assignment
24 Jun 21
Noble Roman's to Open New Craft Pizza & Pub in North-Central Indianapolis
10 Jun 21
Noble Roman's Announces Results of 1st Quarter 2021
12 May 21
Noble Roman's to Release 1st Quarter 2021 Financial Data on Wednesday, May 12th; to Host Conference Call on Thursday, May 13th
11 May 21
Investment data
Securities sold
Number of investors
Calendar
12 May 21
31 Jul 21
31 Dec 21
Financial summary
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Dec 20 | Dec 19 | Dec 18 | Dec 17 | |
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Financial data from company earnings reports.
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 2 Jul 21 | Marcel Herbst | Option Common Shares | Grant | Aquire A | No | No | 0.7 | 40,000 | 28K | 835,000 |
| 2 Jul 21 | Douglas Harold Coape-Arnold | Options common shares | Buy | Aquire P | No | No | 0.7 | 40,000 | 28K | 570,000 |
| 4 Jun 21 | Stiller Robert P | Common Stock | Sell | Dispose S | No | No | 0.45 | 25,466 | 11.46K | 2,622,775 |
| 3 Jun 21 | Stiller Robert P | Common Stock | Sell | Dispose S | No | No | 0.45 | 15,000 | 6.75K | 2,648,241 |
| 2 Jun 21 | Stiller Robert P | Common Stock | Sell | Dispose S | No | No | 0.45 | 21,000 | 9.45K | 2,663,241 |
| 1 Jun 21 | Stiller Robert P | Common Stock | Sell | Dispose S | No | No | 0.455 | 8,100 | 3.69K | 2,684,241 |
| 28 May 21 | Stiller Robert P | Common Stock | Sell | Dispose S | No | No | 0.45 | 12,000 | 5.4K | 2,692,341 |
Institutional ownership Q1 2021
Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.
0.3% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 1 |
| Opened positions | 1 |
| Closed positions | 0 |
| Increased positions | 0 |
| Reduced positions | 0 |
13F shares |
Current |
|---|---|
| Total value | 24K |
| Total shares | 60K |
| Total puts | 0 |
| Total calls | 0 |
| Total put/call ratio | – |
Largest owners |
Shares | Value |
|---|---|---|
| Westwood Management | 60K | $24K |
Financial report summary
?Risks
- Current COVID-19 pandemic.
- Competition from larger companies.
- Dependence on growth strategy.
- Dependence on success of franchisees and licensees.
- Dependence on distributors.
- Dependence on consumer preferences and perceptions.
- Interruptions in supply or delivery of food products.
- Federal, state and local laws with regard to the operation of the businesses.
- Ability to service our outstanding indebtedness and the dilutive effect of our outstanding warrants.
- Dependence on key executives.
- Indiana law with regard to purchases of the Company’s stock.
- Inapplicability of corporate governance standards that apply to companies listed on a national exchange.
Management Discussion
- The revenue from this venue increased from $1.1 million to $2.1 million for the fourth quarter and grew from $4.8 million to $6.2 million for the 12 months ended December 31, 2020 compared to the corresponding periods in 2019. The primary reason for the increase in both the three-month period and the 12-month period were new locations which opened in March, October and November 2020, respectively.
- Cost of sales increased slightly from 22.3% to 22.4% in the fourth quarter and from 21.4% to 21.7% for the comparable periods in 2020 compared to 2019. This increase was the result of commodity price increases which were mostly offset by efficiency gained as the restaurants matured and as the staff gained experience.
- Salaries and wages improved from 30.0% to 27.4% and from 30.0% to 21.8% for the three-month and 12-month periods ended December 31, 2020 compared to the corresponding periods in 2019. This improvement was the result of improved efficiency as the restaurants matured. However, the 12-month period, compared to the corresponding period in 2019, improved also because the proceeds of the initial PPP loan was used to reimburse the Company for payroll costs for retaining employees. The improvement in both periods was partially the result of all dining rooms being closed or restricted by order of the Governor on March 16, 2020. During the period of closure, the restaurants increased the use of Pizza Valet service for carry-out which decreased the labor requirements to a greater extent in percentage terms while sales were reduced by lack of dining room service.
Content analysis
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Removed:
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Financial reports
10-Q
2021 Q1
Quarterly report
12 May 21
10-K
2020 FY
Annual report
22 Mar 21
10-Q
2020 Q3
Quarterly report
10 Nov 20
10-Q
2020 Q2
Quarterly report
5 Aug 20
10-Q
2020 Q1
Quarterly report
9 Jun 20
10-K
2019 FY
Annual report
12 May 20
10-Q
2019 Q3
Quarterly report
14 Nov 19
10-Q
2019 Q2
Quarterly report
13 Aug 19
10-Q
2019 Q1
Quarterly report
15 May 19
10-K
2018 FY
Annual report
27 Mar 19
Current reports
8-K
Entry into a Material Definitive Agreement
8 Feb 21
8-K
Other Events
13 May 20
8-K
Other Events
27 Mar 20
8-K
Noble Roman’s Completes Strategic New Financing Package
12 Feb 20
8-K
Submission of Matters to a Vote of Security Holders
5 Jul 19
8-K
Noble Roman’s Announces the Addition of
17 Jun 19
8-K
Submission of Matters to a Vote of Security Holders
9 Jul 18
8-K
Noble Roman’sCompletes Refinancing and Funds Additional Growth
18 Sep 17
8-K
Submission of Matters to a Vote of Security Holders
11 Jul 17
8-K
Entry into a Material Definitive Agreement
31 Jan 17
Registration and prospectus
S-1/A
IPO registration (amended)
16 May 17
S-1/A
IPO registration (amended)
15 May 17
S-1
IPO registration
24 Apr 17
D
$2M in debt / options, sold $950K, 11 investors
14 Nov 16
S-1/A
IPO registration (amended)
21 Jan 07
S-1
IPO registration
21 Dec 06
424B3
Prospectus supplement
25 Jun 06
424B3
Prospectus supplement
25 Jun 06
S-1/A
IPO registration (amended)
17 May 06
S-1
IPO registration
18 Apr 06
Proxies
DEF 14A
Definitive proxy
15 Jun 21
DEF 14A
Definitive proxy
21 Apr 19
DEF 14A
Definitive proxy
30 Apr 18
DEF 14A
Definitive proxy
10 Apr 17
DEF 14A
Definitive proxy
11 Dec 16
PRE 14A
Preliminary proxy
20 Nov 16
DEF 14A
Definitive proxy
28 Apr 16
DEF 14A
Definitive proxy
21 Apr 15
DEF 14A
Definitive proxy
12 May 14
DEF 14A
Definitive proxy
13 May 13
Other
UPLOAD
Letter from SEC
15 Oct 18
EFFECT
Notice of effectiveness
18 May 17
CORRESP
Correspondence with SEC
16 May 17
CORRESP
Correspondence with SEC
15 May 17
UPLOAD
Letter from SEC
4 Nov 13
CORRESP
Correspondence with SEC
28 Oct 13
UPLOAD
Letter from SEC
22 Oct 13
CORRESP
Correspondence with SEC
2 Oct 13
UPLOAD
Letter from SEC
19 Sep 13
UPLOAD
Letter from SEC
1 Nov 11
Ownership
4
NOBLE ROMANS / Douglas Harold Coape-Arnold ownership change
23 Jul 21
4
NOBLE ROMANS / Marcel Herbst ownership change
6 Jul 21
4
NOBLE ROMANS / Robert P Stiller ownership change
7 Jun 21
4
NOBLE ROMANS / Robert P Stiller ownership change
4 Jun 21
4
NOBLE ROMANS / Robert P Stiller ownership change
2 Jun 21
4
NOBLE ROMANS / Robert P Stiller ownership change
28 May 21
4
NOBLE ROMANS / Robert P Stiller ownership change
26 May 21
4
NOBLE ROMANS / Robert P Stiller ownership change
24 May 21
4
NOBLE ROMANS / Robert P Stiller ownership change
19 May 21
4
NOBLE ROMANS / Robert P Stiller ownership change
17 May 21