NOBLE ROMANS INC (NROM) Jun 2024 Earnings Report
Noble Roman's Inc.: Investment Report
Overview
Noble Roman's Inc., a Consumer Cyclical company operating in the Restaurants industry, has been making headlines with its recent financial announcements and growth prospects. As a leading franchisor and licensor of Noble Roman's Pizza and Noble Roman's Craft Pizza & Pub, the company's stock has garnered significant attention from investors. This report provides an in-depth analysis of Noble Roman's financial performance, growth prospects, and news updates, making it a must-read for investors looking to tap into the company's potential.
Core Metrics
- Current price: 0.39 USD
- 52-week high: 0.52 USD
- 52-week low: 0.18 USD
- Market Cap: 8.664 million USD
- P/E Ratio: 6.5
- Earnings per Share: 0.06
- 50-day average: 0.4268 USD
- 200-day average: 0.33365 USD
- Analyst Recommendations: Strong Buy (1 analyst)
Financial Performance
Noble Roman's financial performance has shown resilience in the face of industry challenges. The company's revenue growth rate of 0.108 indicates a steady increase in sales, accompanied by a gross margin of 0.3065 and EBITDA margin of 0.19850999. The company's cash flow position is also stable, with total cash of 1,165,078 USD and operating cash flow of 2,322,363 USD. The EBITDA of 2,924,420 USD further underscores the company's ability to generate earnings.
Growth Prospects
Noble Roman's growth prospects appear promising, driven by the company's efforts to expand its franchise network and improve operational efficiency. The company's recent announcement of its first-quarter 2024 financial data indicates a strong start to the year, with potential for further growth. As the company continues to execute its growth strategy, investors can expect increased revenue and profitability.
News and Updates
Recent news surrounding Noble Roman's includes the company's announcement of its first-quarter 2024 financial data, highlighting its strong start to the year. The company has also provided updates on its financial performance, reinforcing its commitment to growth and profitability.
Upgrades and Downgrades
One analyst has issued a strong buy recommendation for Noble Roman's, citing the company's strong financial performance and growth prospects.
Summary
In conclusion, Noble Roman's Inc. presents a compelling investment opportunity, driven by its strong financial performance, growth prospects, and positive analyst recommendations. With a stable cash flow position, improving revenue growth, and a strong EBITDA margin, the company is well-positioned for long-term success. Investors looking to capitalize on the company's potential should consider adding Noble Roman's to their portfolios.
Disclosures
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