Rimini Street, Inc. logo RMNI - Rimini Street, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 2
HOLD 3
SELL 0
STRONG
SELL
0
| PRICE TARGET: $7.17 DETAILS
HIGH: $8.50
LOW: $6.50
MEDIAN: $6.50
CONSENSUS: $7.17
UPSIDE: 97.52%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Revenue
Revenue 421.5 428.8 431.5 409.7 374.4 326.8 281.1 252.8 212.6 160.2 118.2 85.3 61.1 43.6
Cost of Revenue 166.9 167.7 162.5 152.4 136.5 126.2 105.1 96.0 82.9 3.3 52.8 45.3 30.0 24.2
Gross Profit 254.6 261.0 269.0 257.3 238.0 200.6 175.9 156.8 129.7 156.8 65.4 40.1 31.1 19.4
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 226.4 222.8 215.4 218.4 192.7 168.0 158.6 130.2 102.9 109.1 85.9 56.8 40.3 24.9
Other Expenses (4.8) 70.3 0 30.8 18.5 14.7 (4.8) 0 0.3 3.3 (0.1) 108.5 0 0
Operating Expenses 221.6 293.1 215.4 249.2 211.2 182.7 153.8 130.2 102.9 3.3 85.9 160.9 42.1 28.4
Operating Income
Operating Income 33.0 (32.1) 53.6 8.1 26.8 17.9 22.1 26.6 22.0 (3.3) (20.5) (16.7) (9.1) (5.5)
Interest Expense 6.4 6.3 5.5 4.3 1.6 0.1 0.4 36.3 35.5 0.5 0.8 0 0 0
Interest Income 4.8 3.6 3.7 0.2 0.1 0.0 0.3 0.3 0.2 0.5 0.0 6.0 0.6 0.5
Profitability
EBITDA 65.9 (22.2) 50.4 16.1 29.5 24.2 26.4 (23.8) (14.5) 10.1 (41.5) (14.8) (8.5) (8.1)
EBIT 62.0 (30.3) 47.6 8.1 21.0 16.2 24.5 (39.8) (5.3) 2.0 (43.0) (127.5) (1.6) (9.0)
Income Before Tax 55.6 (36.6) 41.2 3.8 19.4 16.2 24.1 (66.0) (52.0) (2.9) (43) (126.8) (11.6) (9.5)
Income Tax Expense 18.5 (0.4) 15.2 6.3 (55.8) 4.6 2.7 (2.0) 1.3 (0.5) 2.2 1.0 0.5 0.4
Net Income 37.1 (36.3) 26.1 (2.5) 75.2 11.6 21.4 (68.0) (53.3) (2.9) (45.3) (127.8) (12.1) (9.9)
Per Share Data
EPS (Basic) 0.40 -0.40 0.29 -0.03 0.89 0.16 -0.12 -1.11 -1.65 -0.12 -8.52 -1.27 -0.12 -0.10
EPS (Diluted) 0.39 -0.40 0.29 -0.03 0.85 0.16 -0.12 -1.11 -1.65 -0.12 -8.52 -1.27 -0.12 -0.10
Shares Outstanding 91.7 90.5 89.1 87.7 84.3 71.2 66.0 61.4 32.2 24.3 5.3 100.9 100.3 97.1
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Current Assets
Cash & Cash Equivalents 120.0 88.8 115.4 109.0 119.6 87.9 38.4 24.8 21.9 0.0
Short-Term Investments 0 0 9.8 20.1 0 0 0 0 0 0
Net Receivables 136.9 133.6 122.7 118.9 138.5 119.7 113.4 81.6 63.5 55.3
Inventory 0 0 0 0 0 0 0 0.4 18.1 0
Other Current Assets 43.5 21.9 23.3 21.6 19.3 11.7 13.4 14.8 0 0
Total Current Assets 300.4 256.3 288.7 281.7 286.8 219.3 165.2 112.9 112.1 0.2
Non-Current Assets
Property, Plant & Equipment 31.6 17.1 16.4 13.3 17.2 22.3 3.7 3.6 4.3 4.6
Goodwill 0 0 0 0 0 0 0 0 0 0
Intangible Assets 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 0 0.4 0 0 0 0 0 0 0 173.1
Other Non-Current Assets 33.6 26.7 29.7 30.6 23.3 36.4 31.1 1.4 5.1 4.9
Total Non-Current Assets 122.8 112.8 105.1 109.3 104.5 72.6 43.7 6.0 10.1 173.1
Total Assets 423.1 369.1 393.8 391.0 391.3 291.9 208.9 118.9 122.2 173.3
Current Liabilities
Account Payables 5.8 5.3 6.0 8.0 5.7 3.2 2.3 12.9 10.1 0.1
Short-Term Debt 9.0 3.1 5.9 4.8 3.7 4.4 0.2 2.4 15.5 0
Deferred Revenue 268.7 258.0 263.1 265.8 253.2 229.0 205.8 180.4 152.4 (0.7)
Other Current Liabilities 63.9 33.6 39.0 37.5 36.6 18.5 22.0 19.3 31.5 0.6
Total Current Liabilities 347.4 324.6 336.4 353.0 329.5 295.3 259.3 238.5 228.7 0.7
Non-Current Liabilities
Long-Term Debt 18.8 82.2 64.2 70.0 79.7 0 0 0 66.6 0
Deferred Tax Liabilities 0 0 0 0 0 12.0 7.7 6.5 0.3 (27.5)
Other Non-Current Liabilities 83.9 1.5 1.9 2.0 2.9 5.9 3.3 117.1 7.9 7.9
Total Non-Current Liabilities 102.7 113.9 96.9 115.2 142.1 61.8 40.8 146.0 103.7 7.9
Total Liabilities 450.1 438.5 433.3 468.2 471.6 357.1 300.2 384.5 332.5 8.6
Stockholders' Equity
Common Stock 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Retained Earnings (201.4) (238.5) (202.2) (228.3) (225.8) (301.0) (314.7) (372.4) (304.4) (3.0)
Accumulated Other Comprehensive Income (5.6) (7.4) (4.2) (4.2) (2.7) (0.3) (1.4) (1.6) (0.9) (1)
Total Stockholders' Equity (27.0) (69.4) (39.5) (77.2) (80.4) (65.2) (91.3) (265.6) (210.3) 164.6
Total Liabilities & Equity 423.1 369.1 393.8 391.0 391.3 291.9 208.9 118.9 122.2 173.3
Debt Metrics
Total Debt 27.9 96.6 81.7 88.4 100.4 20.4 0.4 2.4 82.1 2.5
Net Debt (92.1) 7.8 (33.8) (20.6) (19.2) (67.5) (38.0) (22.4) 60.2 2.5
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Operating Activities
Net Income 37.1 (36.3) 26.1 (2.5) 75.2 11.6 21.4 (68.0) (53.3) (2.9)
Depreciation & Amortization 5.7 8.2 2.8 8.0 8.5 8.0 1.9 1.8 2.0 1.8
Stock-Based Compensation 11.1 9.5 12.5 10.9 9.7 7.5 5.5 4.4 3.0 2.3
Change in Working Capital (8.7) (11.2) (41.1) 16.5 29.5 13.0 (4.6) 5.1 20.2 (0.2)
Other Non-Cash Items 3.9 0.8 5.5 4.0 6.3 2.6 (3.6) 79.3 57.5 (0.5)
Operating Cash Flow 60.2 (38.8) 12.5 34.9 66.9 42.1 20.4 22.4 29.2 (3.5)
Investing Activities
Capital Expenditure (4.6) (3.4) (7.2) (4.3) (2.1) (1.5) (1.9) (1.1) (1.4) (1.2)
Acquisitions 0 0 0 20.1 0 0 0 0 0 0
Purchases of Investments 0 (7.5) (30.5) (31.2) 0 0 0 0 0 0
Sales/Maturities of Investments 0 17.3 40.8 11.1 0 0 0 0 0 0
Other Investing Activities 0 0 0 (20.1) 0 0 0 0 0 0
Investing Cash Flow (4.6) 6.4 3.1 (24.4) (2.1) (1.5) (1.9) (1.1) (1.4) (1.2)
Financing Activities
Net Debt Issuance (19.1) 14.0 (6.0) (9.8) 86.6 (0.3) (3.0) (156.8) (47.4) 67.1
Stock Repurchased (7.6) 0 (1.0) (4.7) (1.1) (4.5) 0 (2.8) 0 0
Dividends Paid 0 0 0 0 (12.7) (15.8) (14.7) (2.8) 0 0
Other Financing Activities 0 0 0.1 1.0 0.4 1.3 2.9 (8.1) 30.9 0.0
Financing Cash Flow (26.6) 14.0 (6.9) (13.6) (26.6) 6.4 (5.7) (34.8) (16.5) 2.5
Cash Position
Net Change in Cash 31.1 (26.6) 6.4 (10.6) 32.1 49.5 13.2 (14.8) 11.8 (1.0)
Cash at Beginning 89.2 115.9 109.4 120.0 87.9 38.4 25.2 40.0 28.2 1.0
Cash at End 120.3 89.2 115.9 109.4 120.0 87.9 38.4 25.2 40.0 0.0
Free Cash Flow 55.6 (42.2) 5.3 30.6 64.8 40.6 18.5 21.3 27.8 (4.7)
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Income Statement
Revenue 421.5 428.8 431.5 409.7 374.4 326.8 281.1 252.8 212.6 160.2 118.2 85.3 61.1 43.6
Gross Profit 254.6 261.0 269.0 257.3 238.0 200.6 175.9 156.8 129.7 156.8 65.4 40.1 31.1 19.4
Operating Income 33.0 (32.1) 53.6 8.1 26.8 17.9 22.1 26.6 22.0 (3.3) (20.5) (16.7) (9.1) (5.5)
Net Income 37.1 (36.3) 26.1 (2.5) 75.2 11.6 21.4 (68.0) (53.3) (2.9) (45.3) (127.8) (12.1) (9.9)
EPS (Diluted) 0.39 -0.40 0.29 -0.03 0.85 0.16 -0.12 -1.11 -1.65 -0.12 -8.52 -1.27 -0.12 -0.10
Balance Sheet
Cash & Equivalents 120.0 88.8 115.4 109.0 119.6 87.9 38.4 24.8 21.9 0.0
Total Assets 423.1 369.1 393.8 391.0 391.3 291.9 208.9 118.9 122.2 173.3
Total Debt 27.9 96.6 81.7 88.4 100.4 20.4 0.4 2.4 82.1 2.5
Stockholders' Equity (27.0) (69.4) (39.5) (77.2) (80.4) (65.2) (91.3) (265.6) (210.3) 164.6
Cash Flow
Operating Cash Flow 60.2 (38.8) 12.5 34.9 66.9 42.1 20.4 22.4 29.2 (3.5)
Capital Expenditure (4.6) (3.4) (7.2) (4.3) (2.1) (1.5) (1.9) (1.1) (1.4) (1.2)
Free Cash Flow 55.6 (42.2) 5.3 30.6 64.8 40.6 18.5 21.3 27.8 (4.7)