Quarterly ResultAug 12, 2026, 04:25 PM
NROM Q2 Net Income $190K; $6.9M Loan Restructures Debt
AI Summary
Noble Roman's reported a slight increase in total revenue for the second quarter of 2026 to $4.12 million, while net income decreased by 33.2% to $190,620. The company significantly restructured its financial position by securing a new $6.9 million term loan, which was used to repay previous senior loans, subordinated notes, and purchase outstanding warrants. This led to a substantial increase in cash and a reduction in total liabilities on the balance sheet.
Key Highlights
- Q2 2026 net income decreased 33.2% to $190,620.
- Total revenue for Q2 2026 increased 1.1% to $4.12 million.
- Secured a new $6.9 million term loan, repaying previous debt and warrants.
- Cash balance increased 105% to $1.09 million as of June 30, 2026.
- Total liabilities decreased 5.5% to $11.78 million from $12.46 million.
- Opened 18 new non-traditional outlets in the first half of 2026.
Price Impact
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