Company-Owned Restaurants was Noble Romans’s largest product and service line in fiscal 2020, bringing in $6.21M of $11.54M (54%).
| Product and Service | FY 2017 | FY 2018 | FY 2019 | FY 2020 |
|---|---|---|---|---|
| Franchising | $6.80M | $6.42M | $6.16M | $4.84M |
| Company-Owned Restaurants | $1.82M | $4.82M | $4.83M | $6.21M |
| Company-Owned Non-Traditional | $1.17M | $1.16M | $673.65K | $470.85K |
| Administrative Fees & Other | $45.73K | $53.44K | $38.20K | $14.31K |
| Total | $9.84M | $12.45M | $11.70M | $11.54M |
Noble Romans brought in $11.54M from its four product and service lines in fiscal 2020, the year ended December 31, 2020. That was down 1.4% from $11.70M in fiscal 2019. Company-Owned Restaurants was the largest at $6.21M (53.8%), ahead of Franchising at $4.84M (42.0%) and Company-Owned Non-Traditional at $470.85K (4.1%). The remaining line, Administrative Fees & Other, brought in $14.31K.
Compared with fiscal 2019, Company-Owned Restaurants grew fastest, up 28.6% to $6.21M, while Company-Owned Non-Traditional fell the most, down 30.1% to $470.85K. From fiscal 2017 to 2020, combined revenue from these lines grew from $9.84M to $11.54M, a compound annual growth rate of 5.4%. Company-Owned Restaurants' share of the total rose from 18.5% to 53.8%.
Previously Reported was Noble Romans’s largest revenue line in fiscal 2022, bringing in $14.45M of $28.91M (50%).
| Revision of Prior Period | FY 2022 |
|---|---|
| Previously Reported | $14.45M |
| As Restated | $14.45M |
| Total | $28.91M |
Noble Romans brought in $28.91M from its two revenue lines in fiscal 2022, the year ended December 31, 2022. Previously Reported was the largest at $14.45M (50.0%), ahead of As Restated at $14.45M (50.0%).
Noble Romans (NROM) reports its revenue by product and service and by revision of prior period. In fiscal 2020, Company-Owned Restaurants was its largest product and service line, bringing in $6.21M (53.8% of the total), followed by Franchising at $4.84M (42.0%).
Company-Owned Restaurants was Noble Romans' largest product and service line in fiscal 2020, bringing in $6.21M, or 53.8% of the $11.54M total across its four product and service lines.
Previously Reported was Noble Romans' largest revenue line in fiscal 2022, bringing in $14.45M, or 50.0% of the $28.91M total across its two revenue lines.
Among Noble Romans' product and service lines that make up at least 2% of revenue, Company-Owned Restaurants grew fastest in fiscal 2020, up 28.6% from $4.83M to $6.21M.
Every figure comes from Noble Romans' annual financial filings, as reported. Each line keeps the name Noble Romans gives it, and years follow its fiscal calendar.
Noble Romans' revenue by product and service goes back to fiscal 2017, with figures through fiscal 2020. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.