NOBLE ROMAN'S INC - NROM STOCK NEWS

Noble Roman's (OTCQB:NROM) reported Q3 2024 financial results with net income of $193,000 and operating income of $417,000. Franchising revenue increased to $1.4 million from $1.3 million in 2023. Company-owned Craft Pizza & Pub restaurants saw same-store sales rise nearly 1% in Q3, with recent weeks showing a 5.2% increase. For the nine-month period, the company reported net income of $164,000 and franchising revenue of $4.3 million, up from $3.7 million in 2023. Ongoing royalty income increased 22.5% to $3.9 million. The company opened approximately 53 new franchise locations with plans for 20 more this year.

Noble Roman's (OTCQB:NROM), the Indianapolis-based pizza franchisor, has announced it will release its 2024 third quarter financial results on November 13th after market close. The company will host a conference call on November 14th from 4:00 to 4:45 PM EST.

Interested participants can join the call by dialing 317-300-7896 with participation code 499795. Callers will have the opportunity to ask questions during the Q&A session by pressing 5*.

Noble Roman's, Inc. (OTCQB:NROM) has announced the engagement of Sassetti, as its new independent auditor for the year-ended December 31, 2024 and quarterly reviews. Sassetti, founded in 1921 and based in Oak Brook, Illinois, brings extensive experience in auditing companies similar to Noble Roman's, with a strong focus on the foodservice industry and public companies.

Key points:

• Sassetti is a PCAOB firm and member of the BDO Alliance USA
• The audit team will be led by Izabela Poludniak, CPA, with over 15 years of public accounting experience
• Sassetti's proximity to Noble Roman's headquarters in Indianapolis enables an onsite relationship
• The firm has experience with multi-unit franchisors and public companies

Noble Roman's, Inc. (OTCQB:NROM) has invited shareholders to attend its Annual Shareholder Meeting on August 27, 2024, and provided clarifications regarding misleading statements circulated by BT Brands, Inc (BTB). The company highlights that:

1. BTB failed to comply with by-law requirements for nominating directors.
2. Noble Roman's held its 2023 Annual Meeting on August 10, 2023.
3. BTB's recent open letter to shareholders was issued illegally.
4. Year-to-date, Noble Roman's stock price has gained 54%, while BTB's has declined over 47%.

The company urges shareholders to vote for the nominees endorsed by the Board of Directors and emphasizes its commitment to proper corporate governance and shareholder protection.

BT Brands (NASDAQ: BTBD) has filed a Notice of Exempt Solicitation urging Noble Roman's (NROM) shareholders to withhold support for director candidates at the upcoming August 27, 2024 meeting. BT Brands, owning about 1.56 million NROM shares, claims Noble Roman's Board prevented them from nominating a competing slate of directors. They allege that CEO A. Scott Mobley failed to provide promised nomination materials within the April 12-May 12 window, effectively blocking their nomination attempt. BT Brands argues this turned a potentially contested election into an uncontested one, entrenching current leadership. They're calling for shareholders to consider these actions when voting.

Noble Roman's, Inc. (OTCQB:NROM) announced Q2 2024 financial results. Key highlights include:

- Net income of $57,000 (including $66,000 non-cash expense for warrant valuation)

- Operating Income of $558,000

- 22% increase in Franchising Revenue to $1.4 million

- $151,000 decrease in Company-operated Restaurant Revenue

- Slight increases in Craft Pizza & Pub cost of sales and labor cost

For the six-month period:

- Net loss of $30,000 (including non-cash expenses)

- Operating Income of $990,000

- 32.2% increase in Franchising Revenue to $2.9 million

The company is progressing on new financing to repay senior and subordinated notes, expecting a significant reduction in interest rates.

Noble Roman's (OTCQB:NROM), an Indianapolis-based franchisor of pizza restaurants, has announced key dates for its 2nd Quarter 2024 financial report. The company will release its financial data on August 14th, 2024, after market close. Following this, Noble Roman's will host a conference call on August 15th, 2024, from 4:00 to 4:45 PM EDT.

Investors and interested parties can participate in the conference call by dialing 317-300-7896 and using the participation code 499795. No PIN is required, and callers can press 5* to ask questions during the Q&A session. This announcement provides an opportunity for stakeholders to gain insights into the company's financial performance and future outlook.

Noble Roman's (OTCQB:NROM) announced its financial results for Q1 2024. The company reported a net loss of $86,000, attributed mainly to non-cash expenses totaling $186,000. Adjusting for these, the company would have posted a net income of $100,000.

The quarter saw an operating income of $432,000 and a 45% increase in franchising revenue, up to $1.4 million, or 48% with adjustments.

Company-operated restaurant revenue decreased by $80,000 year-over-year, and Craft Pizza & Pub revenue saw a 4.5% decline partly due to bad weather.

Despite inflation, cost management improved, with a 6.1% drop in franchise venue salaries and wages. Operating cash increased by 34% to $1.2 million, with $600,000 net cash generated from operations. The company continues to work on refinancing its senior note and subordinated notes, expecting interest rate reductions.

Noble Roman's (OTCQB:NROM), an Indianapolis-based franchisor and licensor of Noble Roman's Pizza and Noble Roman's Craft Pizza & Pub, has announced the release of its 1st quarter 2024 financial data on June 12th. The report will be available after market close and will cover significant details of the quarter's results. Questions regarding the release can be directed to Paul Mobley, Executive Chairman & CFO, via phone or email. A transcript of the recent conference call held in late May, providing operational insights for Q1 2024, is available at www.nrom.info under the 'Investor Resources' tab.