Noble Romans Inc.
- NROM · OTC
- Retail-Eating Places
- Indianapolis, IN
- 152 employees
- CIK 0000709005
Updated from SEC filings through
Top things to know
Executives
- A. Scott Mobley President and Chief Executive Officer 10-K, 2026-06-08
- Paul W. Mobley Executive Chairman and CFO 4, 2026-06-12
Noble Romans Inc is a U.S. public company in retail-eating places (SIC 5812), headquartered in Indianapolis, IN. It trades as NROM on OTC. Revenue was $16.5M in the fiscal year ending December 31, 2025, +8.7% from the year before. It reported about 152 employees. A. Scott Mobley is President and Chief Executive Officer.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $16.5M 10-K/A, 2026-10-16 | $15.1M 10-K/A, 2026-10-16 | $14.4M 10-K, 2025-06-09 | $14.5M 10-K, 2024-05-17 | $13.9M 10-K, 2023-04-13 |
| Operating income | $2.4M 10-K/A, 2026-10-16 | $1.5M 10-K/A, 2026-10-16 | $3.4M 10-K, 2025-06-09 | $428K 10-K, 2024-05-17 | $1.7M 10-K, 2023-04-13 |
| SG&A | $2.3M 10-K/A, 2026-10-16 | $2.7M 10-K/A, 2026-10-16 | $1.5M 10-K, 2025-06-09 | $2.2M 10-K, 2024-05-17 | $1.8M 10-K, 2023-04-13 |
| Net income | $1.2M 10-K/A, 2026-10-16 | -$3K 10-K/A, 2026-10-16 | $1.5M 10-K, 2025-06-09 | -$1.3M 10-K, 2024-05-17 | $509K 10-K, 2023-04-13 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| A. Scott Mobley | President and Chief Executive Officer | 10-K, 2026-06-08 |
| Paul W. Mobley | Executive Chairman and CFO | 4, 2026-06-12 |
| Douglas H. Coape-Arnold | Director | 10-K, 2026-06-08 |
| Jeffrey Roberts | Director | 10-K, 2026-06-08 |
| Marcel Herbst | Director | 10-K, 2026-06-08 |
What Noble Romans Inc does
, an Indiana corporation incorporated in 1972, sells and services franchises and licenses and operates Company-owned stand-alone restaurants and non-traditional foodservice operations under the trade names “Noble Roman’s Craft Pizza & Pub,” “Noble Roman’s Pizza,” “Noble Roman’s Take-N-Bake,” and “Tuscano’s Italian Style Subs.” References in this report to the “Company” are to Noble Roman’s, Inc., unless the context requires otherwise. RH Roanoke, Inc. operates a Company-owned non-traditional location.
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 22.2 million (as of May 14, 2026) | 10-K/A, October 16, 2026 |
|---|---|---|
| Public float | $4.0M (as of June 30, 2025) | 10-K/A, October 16, 2026 |
| Latest proxy statement | Meeting July 30, 2026 (filed August 4, 2026) | DEF 14A, August 4, 2026 |
| Auditor | Sassetti LLC (Oak Brook, Illinois) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| August 27, 2026 | Douglas Harold Coape-Arnold Director | Sale | 5,556 | $4K | Form 4, September 3, 2026 |
Recent 8-K events
- 8-K filed 2026-09-16
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-06-12
- Item 1.01 Entry into a material definitive agreement
- Item 1.02 Termination of a material definitive agreement
- Item 2.03 Creation of a direct financial obligation
- 8-K filed 2025-10-20
- Item 4.01 Changes in registrant's certifying accountant
- 8-K filed 2025-09-22
- Item 5.02 Departure or appointment of directors or officers; compensation
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2025-06-24
- Item 4.01 Changes in registrant's certifying accountant
- 8-K filed 2025-04-15
- Item 1.01 Entry into a material definitive agreement
- 8-K filed 2025-04-07
- Item 1.01 Entry into a material definitive agreement
- 8-K filed 2025-01-31
- Item 1.01 Entry into a material definitive agreement
- 8-K filed 2024-09-03
- Item 4.01 Changes in registrant's certifying accountant
- 8-K filed 2024-08-28
- Item 5.07 Submission of matters to a vote of security holders
Frequently asked questions about Noble Romans Inc
- What does Noble Romans Inc do?
- In its own words, from Item 1 of its 10-K: ", an Indiana corporation incorporated in 1972, sells and services franchises and licenses and operates Company-owned stand-alone restaurants and non-traditional foodservice operations under the trade names “Noble Roman’s Craft Pizza & Pub,” “Noble Roman’s Pizza,” “Noble Roman’s Take-N-Bake,” and “Tuscano’s Italian Style Subs.” References in this report to the “Company” are to Noble Roman’s, Inc., unless the context requires otherwise. RH Roanoke, Inc. operates a Company-owned non-traditional location."
- What is Noble Romans Inc's revenue?
- $16.5M for the fiscal year ending December 31, 2025, from its 10-K/A filed October 16, 2026.
- Is Noble Romans Inc profitable?
- Noble Romans Inc reported net income of $1.2M for the fiscal year ending December 31, 2025.
- How many employees does Noble Romans Inc have?
- About 152 as of May 8, 2026, as stated in its annual report.
- Who is the CEO of Noble Romans Inc?
- A. Scott Mobley, President and Chief Executive Officer, as named in a 10-K filed June 8, 2026.
- Who is the CFO of Noble Romans Inc?
- Paul W. Mobley, Executive Chairman and CFO, as named in a 4 filed June 12, 2026.
- Where is Noble Romans Inc headquartered?
- Indianapolis, IN.
- What is Noble Romans Inc's stock ticker?
- NROM on OTC.
- What industry is Noble Romans Inc in?
- Retail-Eating Places, SIC code 5812.
- What is Noble Romans Inc's website?
- nrom.info.
- When does Noble Romans Inc report earnings next?
- December 10, 2026. Source: estimate_10q_cadence.
- Is Noble Romans Inc a public company?
- Yes. Noble Romans Inc files with the SEC under CIK 0000709005 and trades as NROM.
- Who audits Noble Romans Inc?
- Sassetti LLC, Oak Brook, Illinois, as named in its latest annual report (10-K).
- How many shares of Noble Romans Inc are outstanding?
- 22.2 million shares as of May 14, 2026, from its 10-K/A filed October 16, 2026.
- What is Noble Romans Inc's public float?
- $4.0M as of June 30, 2025, as reported on the cover of its 10-K/A filed October 16, 2026.
- When is Noble Romans Inc's annual shareholder meeting?
- July 30, 2026, per its proxy statement (DEF 14A) filed August 4, 2026.
- Have Noble Romans Inc insiders traded stock recently?
- Since August 27, 2026, officers and directors reported 1 open-market sale worth about $4K and 0 purchases on Forms 4 and 5. The most recent: Douglas Harold Coape-Arnold (Director) sold 5,556 shares on August 27, 2026.