Rimini Street, Inc. (RMNI) 10-Year Financial Performance & Capital Metrics

RMNI • • Industrial / General

TechnologyApplication SoftwareArtificial Intelligence & AnalyticsAI Analytics Platforms

AboutRimini Street, Inc. provides enterprise software products, services, and support for various industries. The company offers software support services for Oracle and SAP enterprise software products. It sells its solutions primarily through direct sales organizations in North America, Latin America, Europe, Africa, the Middle East, Asia, and the Asia-Pacific. Rimini Street, Inc. was incorporated in 2005 and is headquartered in Las Vegas, Nevada.Show more

Revenue $429M -0.6%
EBITDA -$24M -142.5%
Net Income -$36M -239.2%
EPS (Diluted) -0.40 -237.9%
Gross Margin 60.88% -2.3%
EBITDA Margin -5.59% -142.7%
Operating Margin -7.49% -160.3%
Net Margin -8.46% -240.1%
ROE -
ROIC -
Debt/Equity -
Interest Coverage -5.10 -152.5%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Efficient asset utilization: 1.2x turnover

✗Weaknesses

✗Weak Piotroski F-Score: 1/9
✗Negative free cash flow

Price & Volume

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Growth Metrics

Revenue CAGR

10Y21.51%

5Y8.81%

3Y4.62%

TTM-0.16%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM228.15%

EPS CAGR

10Y-

5Y-

3Y-

TTM224.58%

ROCE

10Y Avg27.46%

5Y Avg39.32%

3Y Avg21.84%

Latest-63.1%

Peer Comparison

AI Analytics Platforms

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
LYFTLyft, Inc.	7.54B	18.88	342.65	31.39%	2.4%	26.3%	10.16%	1.64
DDOGDatadog, Inc.	39.33B	120.86	236.98	26.12%	3.32%	3.1%	2.13%	0.68
PEGAPegasystems Inc.	9B	53.00	96.36	4.51%	16.05%	46.57%	3.76%	0.94
SAPSAP SE	274.66B	235.84	89.00	9.51%	19.41%	13.94%	1.61%	0.23
TYLTyler Technologies, Inc.	19.2B	446.15	73.74	9.53%	13.72%	8.75%	3.15%	0.19
FICOFair Isaac Corporation	37.49B	1581.19	59.58	15.91%	32.75%		2.05%
DSGXThe Descartes Systems Group Inc.	7.62B	88.57	54.01	13.63%	22.1%	10%	2.79%	0.01
MANHManhattan Associates, Inc.	10.58B	175.57	50.02	12.23%	20.25%	69.86%	2.71%	0.16

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	118.16M	160.18M	212.63M	252.79M	281.05M	326.78M	374.43M	409.66M	431.5M	428.75M
Revenue Growth %	0.93%	0.36%	0.33%	0.19%	0.11%	0.16%	0.15%	0.09%	0.05%	-0.01%
Cost of Goods Sold+	52.77M	3.33M	82.9M	95.98M	105.11M	126.21M	136.46M	152.38M	162.51M	167.73M
COGS % of Revenue	0.45%	0.02%	0.39%	0.38%	0.37%	0.39%	0.36%	0.37%	0.38%	0.39%
Gross Profit+	65.4M	156.84M	129.74M	156.81M	175.95M	200.57M	237.97M	257.28M	268.98M	261.02M
Gross Margin %	0.55%	0.98%	0.61%	0.62%	0.63%	0.61%	0.64%	0.63%	0.62%	0.61%
Gross Profit Growth %	1.1%	1.4%	-0.17%	0.21%	0.12%	0.14%	0.19%	0.08%	0.05%	-0.03%
Operating Expenses+	85.87M	3.33M	102.9M	130.2M	153.81M	182.69M	211.19M	249.19M	215.38M	293.15M
OpEx % of Revenue	0.73%	0.02%	0.48%	0.52%	0.55%	0.56%	0.56%	0.61%	0.5%	0.68%
Selling, General & Admin	85.87M	109.15M	102.9M	130.2M	158.58M	168.03M	192.67M	218.38M	215.38M	222.82M
SG&A % of Revenue	0.73%	0.68%	0.48%	0.52%	0.56%	0.51%	0.51%	0.53%	0.5%	0.52%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	-50K	3.33M	320K	0	-4.77M	14.66M	18.52M	30.8M	0	70.33M
Operating Income+	-20.47M	-3.33M	21.97M	26.61M	22.14M	17.88M	26.77M	8.09M	53.6M	-32.13M
Operating Margin %	-0.17%	-0.02%	0.1%	0.11%	0.08%	0.05%	0.07%	0.02%	0.12%	-0.07%
Operating Income Growth %	-1.24%	0.84%	7.59%	0.21%	-0.17%	-0.19%	0.5%	-0.7%	5.63%	-1.6%
EBITDA+	-19.02M	-1.55M	23.95M	28.45M	24.05M	25.89M	35.32M	16.12M	56.43M	-23.97M
EBITDA Margin %	-0.16%	-0.01%	0.11%	0.11%	0.09%	0.08%	0.09%	0.04%	0.13%	-0.06%
EBITDA Growth %	-1.23%	0.92%	16.43%	0.19%	-0.15%	0.08%	0.36%	-0.54%	2.5%	-1.42%
D&A (Non-Cash Add-back)	1.45M	1.78M	1.97M	1.84M	1.91M	8.01M	8.54M	8.03M	2.83M	8.16M
EBIT	-42.99M	1.95M	-5.35M	-39.84M	24.52M	16.23M	20.98M	8.08M	47.6M	-30.34M
Net Interest Income+	-818K	-19.7M	-35.35M	-36.07M	-141K	-53K	-1.5M	-4.04M	-1.82M	-2.71M
Interest Income	11K	485.36K	198K	253K	257K	24K	55K	228K	3.7M	3.59M
Interest Expense	829K	485.36K	35.55M	36.33M	398K	77K	1.55M	4.27M	5.52M	6.3M
Other Income/Expense	-23.34M	-8.07M	-73.98M	-91.48M	1.99M	-1.73M	-7.34M	-4.28M	-12.37M	-4.51M
Pretax Income+	-43M	-2.86M	-51.98M	-65.97M	24.12M	16.16M	19.43M	3.81M	41.23M	-36.64M
Pretax Margin %	-0.36%	-0.02%	-0.24%	-0.26%	0.09%	0.05%	0.05%	0.01%	0.1%	-0.09%
Income Tax+	2.23M	-485.36K	1.32M	-1.99M	2.71M	4.57M	-55.78M	6.29M	15.17M	-371K
Effective Tax Rate %	1.05%	1%	1.03%	1.03%	0.89%	0.72%	3.87%	-0.65%	0.63%	0.99%
Net Income+	-45.27M	-2.86M	-53.3M	-67.97M	21.41M	11.59M	75.22M	-2.48M	26.06M	-36.27M
Net Margin %	-0.38%	-0.02%	-0.25%	-0.27%	0.08%	0.04%	0.2%	-0.01%	0.06%	-0.08%
Net Income Growth %	-2.73%	0.94%	-17.63%	-0.28%	1.31%	-0.46%	5.49%	-1.03%	11.51%	-2.39%
Net Income (Continuing)	-45.27M	-12.94M	-53.3M	-63.95M	21.41M	11.59M	75.22M	-2.48M	26.06M	-36.27M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-8.52	-0.12	-1.65	-1.11	-0.12	0.16	0.85	-0.03	0.29	-0.40
EPS Growth %	-70%	0.99%	-12.75%	0.33%	0.89%	2.33%	4.31%	-1.03%	11.25%	-2.38%
EPS (Basic)	-8.52	-0.12	-1.65	-1.11	-0.12	0.16	0.89	-0.03	0.29	-0.40
Diluted Shares Outstanding	5.31M	24.26M	32.23M	61.38M	66.05M	71.23M	88.97M	87.67M	89.54M	90.5M
Basic Shares Outstanding	5.31M	24.26M	32.23M	61.38M	66.05M	71.23M	84.32M	87.67M	89.07M	90.5M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	975.4K	219.22K	112.11M	112.9M	165.17M	219.3M	286.76M	281.71M	288.69M	256.28M
Cash & Short-Term Investments	967.45K	1.55K	21.95M	24.77M	38.39M	87.91M	119.57M	129.12M	125.25M	88.79M
Cash Only	967.45K	1.55K	21.95M	24.77M	38.39M	87.91M	119.57M	109.01M	115.42M	88.79M
Short-Term Investments	0	0	0	0	0	0	0	20.11M	9.83M	0
Accounts Receivable	0	55.32M	63.52M	81.65M	113.39M	119.65M	138.51M	118.89M	122.66M	133.63M
Days Sales Outstanding	-	126.07	109.05	117.89	147.26	133.65	135.03	105.92	103.76	113.76
Inventory	0	0	18.08M	435K	0	0	0	0	0	0
Days Inventory Outstanding	-	-	79.59	1.65	-	-	-	-	-	-
Other Current Assets	0	0	0	14.83M	13.39M	11.74M	19.29M	21.55M	23.27M	21.91M
Total Non-Current Assets+	172.58M	173.05M	10.06M	5.98M	43.74M	72.61M	104.5M	109.33M	105.11M	112.79M
Property, Plant & Equipment	4.13M	4.56M	4.25M	3.63M	3.67M	22.34M	17.16M	13.26M	16.44M	17.05M
Fixed Asset Turnover	28.59x	35.13x	49.97x	69.56x	76.64x	14.63x	21.82x	30.91x	26.25x	25.14x
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	172.58M	173.05M	0	0	0	0	0	0	0	436K
Other Non-Current Assets	-4.13M	4.92M	5.08M	1.44M	31.14M	36.42M	23.31M	30.57M	29.67M	26.72M
Total Assets+	173.55M	173.27M	122.17M	118.89M	208.9M	291.91M	391.26M	391.04M	393.8M	369.06M
Asset Turnover	0.68x	0.92x	1.74x	2.13x	1.35x	1.12x	0.96x	1.05x	1.10x	1.16x
Asset Growth %	2.68%	-0%	-0.29%	-0.03%	0.76%	0.4%	0.34%	-0%	0.01%	-0.06%
Total Current Liabilities+	19.97K	698.69K	228.73M	238.51M	259.34M	295.33M	329.5M	353.03M	336.43M	324.59M
Accounts Payable	0	63.01K	10.14M	12.85M	2.3M	3.24M	5.71M	8.04M	6M	5.28M
Days Payables Outstanding	-	6.9	44.63	48.87	8	9.37	15.27	19.26	13.47	11.48
Short-Term Debt	14.81M	0	15.5M	2.37M	222K	4.37M	3.66M	4.79M	5.91M	3.09M
Deferred Revenue (Current)	-1000K	-698.69K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	-18.62M	635.68K	31.54M	19.27M	22.03M	18.48M	36.56M	37.46M	38.96M	33.59M
Current Ratio	48.85x	0.31x	0.49x	0.47x	0.64x	0.74x	0.87x	0.80x	0.86x	0.79x
Quick Ratio	48.85x	0.31x	0.41x	0.47x	0.64x	0.74x	0.87x	0.80x	0.86x	0.79x
Cash Conversion Cycle	-	-	144.01	70.67	-	-	-	-	-	-
Total Non-Current Liabilities+	6.04M	7.94M	103.74M	145.96M	40.84M	61.79M	142.15M	115.18M	96.86M	113.92M
Long-Term Debt	0	0	66.61M	0	0	0	79.66M	70M	64.23M	82.19M
Capital Lease Obligations	0	0	0	0	151K	15.99M	12.51M	9.09M	6.84M	7.06M
Deferred Tax Liabilities	0	-27.54M	305K	6.48M	7.68M	11.97M	0	0	0	0
Other Non-Current Liabilities	0	7.94M	7.94M	117.06M	3.28M	5.85M	2.93M	2.01M	1.93M	1.45M
Total Liabilities	6.06M	8.64M	332.47M	384.47M	300.18M	357.12M	471.65M	468.21M	433.29M	438.51M
Total Debt+	14.81M	2.54M	82.11M	2.37M	373K	20.36M	100.37M	88.44M	81.66M	96.63M
Net Debt	13.85M	2.53M	60.16M	-22.4M	-38.02M	-67.55M	-19.2M	-20.57M	-33.76M	7.84M
Debt / Equity	0.09x	0.02x	-	-	-	-	-	-	-	-
Debt / EBITDA	-	-	3.43x	0.08x	0.02x	0.79x	2.84x	5.49x	1.45x	-
Net Debt / EBITDA	-	-	2.51x	-0.79x	-1.58x	-2.61x	-0.54x	-1.28x	-0.60x	-
Interest Coverage	-24.70x	-6.87x	0.62x	0.73x	55.62x	232.26x	17.27x	1.89x	9.71x	-5.10x
Total Equity+	167.5M	164.64M	-210.3M	-265.59M	-91.28M	-65.21M	-80.39M	-77.17M	-39.5M	-69.44M
Equity Growth %	5%	-0.02%	-2.28%	-0.26%	0.66%	0.29%	-0.23%	0.04%	0.49%	-0.76%
Book Value per Share	31.53	6.79	-6.53	-4.33	-1.38	-0.92	-0.90	-0.88	-0.44	-0.77
Total Shareholders' Equity	167.5M	164.64M	-210.3M	-265.59M	-91.28M	-65.21M	-80.39M	-77.17M	-39.5M	-69.44M
Common Stock	532	565	6K	6K	7K	8K	9K	9K	9K	9K
Retained Earnings	-130.73K	-2.99M	-304.41M	-372.37M	-314.65M	-301.01M	-225.79M	-228.27M	-202.21M	-238.48M
Treasury Stock	0	0	0	0	0	0	-1.12M	-1.12M	-1.12M	-1.12M
Accumulated OCI	-546K	-1M	-867K	-1.57M	-1.43M	-318K	-2.72M	-4.2M	-4.17M	-7.39M
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	1.57M	-3.5M	29.16M	22.38M	20.39M	42.1M	66.94M	34.9M	12.47M	-38.85M
Operating CF Margin %	0.01%	-0.02%	0.14%	0.09%	0.07%	0.13%	0.18%	0.09%	0.03%	-0.09%
Operating CF Growth %	-0.76%	-3.23%	9.33%	-0.23%	-0.09%	1.07%	0.59%	-0.48%	-0.64%	-4.12%
Net Income	-45.27M	-2.86M	-53.3M	-67.97M	21.41M	11.59M	75.22M	-2.48M	26.06M	-36.27M
Depreciation & Amortization	1.45M	1.78M	1.97M	1.84M	1.91M	8.01M	8.54M	8.03M	2.83M	8.16M
Stock-Based Compensation	2.27M	2.3M	2.96M	4.39M	5.53M	7.46M	9.71M	10.89M	12.52M	9.54M
Deferred Taxes	-379K	-520K	-124K	-235K	-337K	-514K	-62.32M	-2.07M	6.64M	-9.83M
Other Non-Cash Items	131K	-473.74K	57.47M	79.27M	-3.56M	2.61M	6.27M	4M	5.5M	764K
Working Capital Changes	43.37M	-166.68K	20.18M	5.08M	-4.57M	12.96M	29.52M	16.52M	-41.09M	-11.22M
Change in Receivables	-8.5M	-14.66M	-8.35M	-18.04M	-31.22M	-8.55M	-18.79M	18.92M	-2.98M	-15.21M
Change in Inventory	18.73M	0	-3.28M	0	0	0	-3.46M	0	0	0
Change in Payables	2.26M	43.04K	1.2M	2.88M	-10.51M	931K	2.49M	2.4M	-1.96M	-613K
Cash from Investing+	-1.75M	-1.19M	-1.39M	-1.05M	-1.87M	-1.48M	-2.11M	-24.45M	3.08M	6.45M
Capital Expenditures	-1.75M	-1.19M	-1.39M	-1.05M	-1.87M	-1.48M	-2.11M	-4.33M	-7.21M	-3.38M
CapEx % of Revenue	0.01%	0.01%	0.01%	0%	0.01%	0%	0.01%	0.01%	0.02%	0.01%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	0	0	0	0	0	0	0	-20.11M	0	0
Cash from Financing+	-842K	2.54M	-16.49M	-34.77M	-5.74M	6.38M	-26.57M	-13.57M	-6.89M	14.02M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	-2.85M	-14.74M	-15.78M	-12.68M	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	20K	44K	30.89M	-8.13M	2.88M	1.25M	384K	985K	79K	0
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-174K	-4.69M	27.77M	21.33M	18.51M	40.62M	64.84M	30.57M	5.25M	-42.23M
FCF Margin %	-0%	-0.03%	0.13%	0.08%	0.07%	0.12%	0.17%	0.07%	0.01%	-0.1%
FCF Growth %	-1.03%	-25.95%	6.92%	-0.23%	-0.13%	1.19%	0.6%	-0.53%	-0.83%	-9.04%
FCF per Share	-0.03	-0.19	0.86	0.35	0.28	0.57	0.73	0.35	0.06	-0.47
FCF Conversion (FCF/Net Income)	-0.03x	1.22x	-0.55x	-0.33x	0.95x	3.63x	0.89x	-14.07x	0.48x	1.07x
Interest Paid	829K	2.97M	16.54M	19.32M	230K	63K	1.1M	3.25M	4.53M	5.5M
Taxes Paid	907K	1.61M	1.73M	1.76M	2.18M	3.06M	2.89M	2.79M	4.93M	3.37M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-72.06%	-1.72%	-	-	-	-	-	-	-	-
Return on Invested Capital (ROIC)	-21.92%	-1.44%	193.52%	-	-	-	-	-	-	-
Gross Margin	55.34%	97.92%	61.01%	62.03%	62.6%	61.38%	63.55%	62.8%	62.34%	60.88%
Net Margin	-38.31%	-1.79%	-25.07%	-26.89%	7.62%	3.55%	20.09%	-0.61%	6.04%	-8.46%
Debt / Equity	0.09x	0.02x	-	-	-	-	-	-	-	-
Interest Coverage	-24.70x	-6.87x	0.62x	0.73x	55.62x	232.26x	17.27x	1.89x	9.71x	-5.10x
FCF Conversion	-0.03x	1.22x	-0.55x	-0.33x	0.95x	3.63x	0.89x	-14.07x	0.48x	1.07x
Revenue Growth	93.32%	35.55%	32.75%	18.89%	11.18%	16.27%	14.58%	9.41%	5.33%	-0.64%

Revenue by Segment

	2017	2018	2019	2020	2021	2022	2023	2024
Reportable	-	-	-	-	-	-	-	428.75M
Reportable Growth	-	-	-	-	-	-	-	-

Revenue by Geography

	2017	2018	2019	2020	2021	2022	2023	2024
Non-US	-	89.57M	101.38M	135.33M	174.62M	194.29M	211.52M	218.76M
Non-US Growth	-	-	13.18%	33.50%	29.03%	11.27%	8.87%	3.42%
UNITED STATES	144.02M	163.22M	179.68M	191.45M	199.81M	215.37M	219.97M	210M
UNITED STATES Growth	-	13.33%	10.08%	6.55%	4.37%	7.79%	2.14%	-4.54%
International Country	68.61M	-	-	-	-	-	-	-
International Country Growth	-	-	-	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

Rimini Street, Inc. (RMNI) reported $426.0M in revenue for fiscal year 2024. This represents a 878% increase from $43.6M in 2012.

Rimini Street, Inc. (RMNI) saw revenue decline by 0.6% over the past year.

Yes, Rimini Street, Inc. (RMNI) is profitable, generating $43.0M in net income for fiscal year 2024 (-8.5% net margin).

Dividend & Returns

Rimini Street, Inc. (RMNI) had negative free cash flow of $1.6M in fiscal year 2024, likely due to heavy capital investments.

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Rimini Street, Inc. (RMNI) 10-Year Financial Performance & Capital Metrics

RMNI • • Industrial / General

TechnologyApplication SoftwareArtificial Intelligence & AnalyticsAI Analytics Platforms

Revenue $429M -0.6%
EBITDA -$24M -142.5%
Net Income -$36M -239.2%
EPS (Diluted) -0.40 -237.9%
Gross Margin 60.88% -2.3%
EBITDA Margin -5.59% -142.7%
Operating Margin -7.49% -160.3%
Net Margin -8.46% -240.1%
ROE -
ROIC -
Debt/Equity -
Interest Coverage -5.10 -152.5%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Efficient asset utilization: 1.2x turnover

✗Weaknesses

✗Weak Piotroski F-Score: 1/9
✗Negative free cash flow

Price & Volume

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Growth Metrics

Revenue CAGR

10Y21.51%

5Y8.81%

3Y4.62%

TTM-0.16%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM228.15%

EPS CAGR

10Y-

5Y-

3Y-

TTM224.58%

ROCE

10Y Avg27.46%

5Y Avg39.32%

3Y Avg21.84%

Latest-63.1%

Peer Comparison

AI Analytics Platforms

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
LYFTLyft, Inc.	7.54B	18.88	342.65	31.39%	2.4%	26.3%	10.16%	1.64
DDOGDatadog, Inc.	39.33B	120.86	236.98	26.12%	3.32%	3.1%	2.13%	0.68
PEGAPegasystems Inc.	9B	53.00	96.36	4.51%	16.05%	46.57%	3.76%	0.94
SAPSAP SE	274.66B	235.84	89.00	9.51%	19.41%	13.94%	1.61%	0.23
TYLTyler Technologies, Inc.	19.2B	446.15	73.74	9.53%	13.72%	8.75%	3.15%	0.19
FICOFair Isaac Corporation	37.49B	1581.19	59.58	15.91%	32.75%		2.05%
DSGXThe Descartes Systems Group Inc.	7.62B	88.57	54.01	13.63%	22.1%	10%	2.79%	0.01
MANHManhattan Associates, Inc.	10.58B	175.57	50.02	12.23%	20.25%	69.86%	2.71%	0.16

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	118.16M	160.18M	212.63M	252.79M	281.05M	326.78M	374.43M	409.66M	431.5M	428.75M
Revenue Growth %	0.93%	0.36%	0.33%	0.19%	0.11%	0.16%	0.15%	0.09%	0.05%	-0.01%
Cost of Goods Sold+	52.77M	3.33M	82.9M	95.98M	105.11M	126.21M	136.46M	152.38M	162.51M	167.73M
COGS % of Revenue	0.45%	0.02%	0.39%	0.38%	0.37%	0.39%	0.36%	0.37%	0.38%	0.39%
Gross Profit+	65.4M	156.84M	129.74M	156.81M	175.95M	200.57M	237.97M	257.28M	268.98M	261.02M
Gross Margin %	0.55%	0.98%	0.61%	0.62%	0.63%	0.61%	0.64%	0.63%	0.62%	0.61%
Gross Profit Growth %	1.1%	1.4%	-0.17%	0.21%	0.12%	0.14%	0.19%	0.08%	0.05%	-0.03%
Operating Expenses+	85.87M	3.33M	102.9M	130.2M	153.81M	182.69M	211.19M	249.19M	215.38M	293.15M
OpEx % of Revenue	0.73%	0.02%	0.48%	0.52%	0.55%	0.56%	0.56%	0.61%	0.5%	0.68%
Selling, General & Admin	85.87M	109.15M	102.9M	130.2M	158.58M	168.03M	192.67M	218.38M	215.38M	222.82M
SG&A % of Revenue	0.73%	0.68%	0.48%	0.52%	0.56%	0.51%	0.51%	0.53%	0.5%	0.52%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	-50K	3.33M	320K	0	-4.77M	14.66M	18.52M	30.8M	0	70.33M
Operating Income+	-20.47M	-3.33M	21.97M	26.61M	22.14M	17.88M	26.77M	8.09M	53.6M	-32.13M
Operating Margin %	-0.17%	-0.02%	0.1%	0.11%	0.08%	0.05%	0.07%	0.02%	0.12%	-0.07%
Operating Income Growth %	-1.24%	0.84%	7.59%	0.21%	-0.17%	-0.19%	0.5%	-0.7%	5.63%	-1.6%
EBITDA+	-19.02M	-1.55M	23.95M	28.45M	24.05M	25.89M	35.32M	16.12M	56.43M	-23.97M
EBITDA Margin %	-0.16%	-0.01%	0.11%	0.11%	0.09%	0.08%	0.09%	0.04%	0.13%	-0.06%
EBITDA Growth %	-1.23%	0.92%	16.43%	0.19%	-0.15%	0.08%	0.36%	-0.54%	2.5%	-1.42%
D&A (Non-Cash Add-back)	1.45M	1.78M	1.97M	1.84M	1.91M	8.01M	8.54M	8.03M	2.83M	8.16M
EBIT	-42.99M	1.95M	-5.35M	-39.84M	24.52M	16.23M	20.98M	8.08M	47.6M	-30.34M
Net Interest Income+	-818K	-19.7M	-35.35M	-36.07M	-141K	-53K	-1.5M	-4.04M	-1.82M	-2.71M
Interest Income	11K	485.36K	198K	253K	257K	24K	55K	228K	3.7M	3.59M
Interest Expense	829K	485.36K	35.55M	36.33M	398K	77K	1.55M	4.27M	5.52M	6.3M
Other Income/Expense	-23.34M	-8.07M	-73.98M	-91.48M	1.99M	-1.73M	-7.34M	-4.28M	-12.37M	-4.51M
Pretax Income+	-43M	-2.86M	-51.98M	-65.97M	24.12M	16.16M	19.43M	3.81M	41.23M	-36.64M
Pretax Margin %	-0.36%	-0.02%	-0.24%	-0.26%	0.09%	0.05%	0.05%	0.01%	0.1%	-0.09%
Income Tax+	2.23M	-485.36K	1.32M	-1.99M	2.71M	4.57M	-55.78M	6.29M	15.17M	-371K
Effective Tax Rate %	1.05%	1%	1.03%	1.03%	0.89%	0.72%	3.87%	-0.65%	0.63%	0.99%
Net Income+	-45.27M	-2.86M	-53.3M	-67.97M	21.41M	11.59M	75.22M	-2.48M	26.06M	-36.27M
Net Margin %	-0.38%	-0.02%	-0.25%	-0.27%	0.08%	0.04%	0.2%	-0.01%	0.06%	-0.08%
Net Income Growth %	-2.73%	0.94%	-17.63%	-0.28%	1.31%	-0.46%	5.49%	-1.03%	11.51%	-2.39%
Net Income (Continuing)	-45.27M	-12.94M	-53.3M	-63.95M	21.41M	11.59M	75.22M	-2.48M	26.06M	-36.27M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-8.52	-0.12	-1.65	-1.11	-0.12	0.16	0.85	-0.03	0.29	-0.40
EPS Growth %	-70%	0.99%	-12.75%	0.33%	0.89%	2.33%	4.31%	-1.03%	11.25%	-2.38%
EPS (Basic)	-8.52	-0.12	-1.65	-1.11	-0.12	0.16	0.89	-0.03	0.29	-0.40
Diluted Shares Outstanding	5.31M	24.26M	32.23M	61.38M	66.05M	71.23M	88.97M	87.67M	89.54M	90.5M
Basic Shares Outstanding	5.31M	24.26M	32.23M	61.38M	66.05M	71.23M	84.32M	87.67M	89.07M	90.5M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	975.4K	219.22K	112.11M	112.9M	165.17M	219.3M	286.76M	281.71M	288.69M	256.28M
Cash & Short-Term Investments	967.45K	1.55K	21.95M	24.77M	38.39M	87.91M	119.57M	129.12M	125.25M	88.79M
Cash Only	967.45K	1.55K	21.95M	24.77M	38.39M	87.91M	119.57M	109.01M	115.42M	88.79M
Short-Term Investments	0	0	0	0	0	0	0	20.11M	9.83M	0
Accounts Receivable	0	55.32M	63.52M	81.65M	113.39M	119.65M	138.51M	118.89M	122.66M	133.63M
Days Sales Outstanding	-	126.07	109.05	117.89	147.26	133.65	135.03	105.92	103.76	113.76
Inventory	0	0	18.08M	435K	0	0	0	0	0	0
Days Inventory Outstanding	-	-	79.59	1.65	-	-	-	-	-	-
Other Current Assets	0	0	0	14.83M	13.39M	11.74M	19.29M	21.55M	23.27M	21.91M
Total Non-Current Assets+	172.58M	173.05M	10.06M	5.98M	43.74M	72.61M	104.5M	109.33M	105.11M	112.79M
Property, Plant & Equipment	4.13M	4.56M	4.25M	3.63M	3.67M	22.34M	17.16M	13.26M	16.44M	17.05M
Fixed Asset Turnover	28.59x	35.13x	49.97x	69.56x	76.64x	14.63x	21.82x	30.91x	26.25x	25.14x
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	172.58M	173.05M	0	0	0	0	0	0	0	436K
Other Non-Current Assets	-4.13M	4.92M	5.08M	1.44M	31.14M	36.42M	23.31M	30.57M	29.67M	26.72M
Total Assets+	173.55M	173.27M	122.17M	118.89M	208.9M	291.91M	391.26M	391.04M	393.8M	369.06M
Asset Turnover	0.68x	0.92x	1.74x	2.13x	1.35x	1.12x	0.96x	1.05x	1.10x	1.16x
Asset Growth %	2.68%	-0%	-0.29%	-0.03%	0.76%	0.4%	0.34%	-0%	0.01%	-0.06%
Total Current Liabilities+	19.97K	698.69K	228.73M	238.51M	259.34M	295.33M	329.5M	353.03M	336.43M	324.59M
Accounts Payable	0	63.01K	10.14M	12.85M	2.3M	3.24M	5.71M	8.04M	6M	5.28M
Days Payables Outstanding	-	6.9	44.63	48.87	8	9.37	15.27	19.26	13.47	11.48
Short-Term Debt	14.81M	0	15.5M	2.37M	222K	4.37M	3.66M	4.79M	5.91M	3.09M
Deferred Revenue (Current)	-1000K	-698.69K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	-18.62M	635.68K	31.54M	19.27M	22.03M	18.48M	36.56M	37.46M	38.96M	33.59M
Current Ratio	48.85x	0.31x	0.49x	0.47x	0.64x	0.74x	0.87x	0.80x	0.86x	0.79x
Quick Ratio	48.85x	0.31x	0.41x	0.47x	0.64x	0.74x	0.87x	0.80x	0.86x	0.79x
Cash Conversion Cycle	-	-	144.01	70.67	-	-	-	-	-	-
Total Non-Current Liabilities+	6.04M	7.94M	103.74M	145.96M	40.84M	61.79M	142.15M	115.18M	96.86M	113.92M
Long-Term Debt	0	0	66.61M	0	0	0	79.66M	70M	64.23M	82.19M
Capital Lease Obligations	0	0	0	0	151K	15.99M	12.51M	9.09M	6.84M	7.06M
Deferred Tax Liabilities	0	-27.54M	305K	6.48M	7.68M	11.97M	0	0	0	0
Other Non-Current Liabilities	0	7.94M	7.94M	117.06M	3.28M	5.85M	2.93M	2.01M	1.93M	1.45M
Total Liabilities	6.06M	8.64M	332.47M	384.47M	300.18M	357.12M	471.65M	468.21M	433.29M	438.51M
Total Debt+	14.81M	2.54M	82.11M	2.37M	373K	20.36M	100.37M	88.44M	81.66M	96.63M
Net Debt	13.85M	2.53M	60.16M	-22.4M	-38.02M	-67.55M	-19.2M	-20.57M	-33.76M	7.84M
Debt / Equity	0.09x	0.02x	-	-	-	-	-	-	-	-
Debt / EBITDA	-	-	3.43x	0.08x	0.02x	0.79x	2.84x	5.49x	1.45x	-
Net Debt / EBITDA	-	-	2.51x	-0.79x	-1.58x	-2.61x	-0.54x	-1.28x	-0.60x	-
Interest Coverage	-24.70x	-6.87x	0.62x	0.73x	55.62x	232.26x	17.27x	1.89x	9.71x	-5.10x
Total Equity+	167.5M	164.64M	-210.3M	-265.59M	-91.28M	-65.21M	-80.39M	-77.17M	-39.5M	-69.44M
Equity Growth %	5%	-0.02%	-2.28%	-0.26%	0.66%	0.29%	-0.23%	0.04%	0.49%	-0.76%
Book Value per Share	31.53	6.79	-6.53	-4.33	-1.38	-0.92	-0.90	-0.88	-0.44	-0.77
Total Shareholders' Equity	167.5M	164.64M	-210.3M	-265.59M	-91.28M	-65.21M	-80.39M	-77.17M	-39.5M	-69.44M
Common Stock	532	565	6K	6K	7K	8K	9K	9K	9K	9K
Retained Earnings	-130.73K	-2.99M	-304.41M	-372.37M	-314.65M	-301.01M	-225.79M	-228.27M	-202.21M	-238.48M
Treasury Stock	0	0	0	0	0	0	-1.12M	-1.12M	-1.12M	-1.12M
Accumulated OCI	-546K	-1M	-867K	-1.57M	-1.43M	-318K	-2.72M	-4.2M	-4.17M	-7.39M
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	1.57M	-3.5M	29.16M	22.38M	20.39M	42.1M	66.94M	34.9M	12.47M	-38.85M
Operating CF Margin %	0.01%	-0.02%	0.14%	0.09%	0.07%	0.13%	0.18%	0.09%	0.03%	-0.09%
Operating CF Growth %	-0.76%	-3.23%	9.33%	-0.23%	-0.09%	1.07%	0.59%	-0.48%	-0.64%	-4.12%
Net Income	-45.27M	-2.86M	-53.3M	-67.97M	21.41M	11.59M	75.22M	-2.48M	26.06M	-36.27M
Depreciation & Amortization	1.45M	1.78M	1.97M	1.84M	1.91M	8.01M	8.54M	8.03M	2.83M	8.16M
Stock-Based Compensation	2.27M	2.3M	2.96M	4.39M	5.53M	7.46M	9.71M	10.89M	12.52M	9.54M
Deferred Taxes	-379K	-520K	-124K	-235K	-337K	-514K	-62.32M	-2.07M	6.64M	-9.83M
Other Non-Cash Items	131K	-473.74K	57.47M	79.27M	-3.56M	2.61M	6.27M	4M	5.5M	764K
Working Capital Changes	43.37M	-166.68K	20.18M	5.08M	-4.57M	12.96M	29.52M	16.52M	-41.09M	-11.22M
Change in Receivables	-8.5M	-14.66M	-8.35M	-18.04M	-31.22M	-8.55M	-18.79M	18.92M	-2.98M	-15.21M
Change in Inventory	18.73M	0	-3.28M	0	0	0	-3.46M	0	0	0
Change in Payables	2.26M	43.04K	1.2M	2.88M	-10.51M	931K	2.49M	2.4M	-1.96M	-613K
Cash from Investing+	-1.75M	-1.19M	-1.39M	-1.05M	-1.87M	-1.48M	-2.11M	-24.45M	3.08M	6.45M
Capital Expenditures	-1.75M	-1.19M	-1.39M	-1.05M	-1.87M	-1.48M	-2.11M	-4.33M	-7.21M	-3.38M
CapEx % of Revenue	0.01%	0.01%	0.01%	0%	0.01%	0%	0.01%	0.01%	0.02%	0.01%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	0	0	0	0	0	0	0	-20.11M	0	0
Cash from Financing+	-842K	2.54M	-16.49M	-34.77M	-5.74M	6.38M	-26.57M	-13.57M	-6.89M	14.02M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	-2.85M	-14.74M	-15.78M	-12.68M	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	20K	44K	30.89M	-8.13M	2.88M	1.25M	384K	985K	79K	0
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-174K	-4.69M	27.77M	21.33M	18.51M	40.62M	64.84M	30.57M	5.25M	-42.23M
FCF Margin %	-0%	-0.03%	0.13%	0.08%	0.07%	0.12%	0.17%	0.07%	0.01%	-0.1%
FCF Growth %	-1.03%	-25.95%	6.92%	-0.23%	-0.13%	1.19%	0.6%	-0.53%	-0.83%	-9.04%
FCF per Share	-0.03	-0.19	0.86	0.35	0.28	0.57	0.73	0.35	0.06	-0.47
FCF Conversion (FCF/Net Income)	-0.03x	1.22x	-0.55x	-0.33x	0.95x	3.63x	0.89x	-14.07x	0.48x	1.07x
Interest Paid	829K	2.97M	16.54M	19.32M	230K	63K	1.1M	3.25M	4.53M	5.5M
Taxes Paid	907K	1.61M	1.73M	1.76M	2.18M	3.06M	2.89M	2.79M	4.93M	3.37M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-72.06%	-1.72%	-	-	-	-	-	-	-	-
Return on Invested Capital (ROIC)	-21.92%	-1.44%	193.52%	-	-	-	-	-	-	-
Gross Margin	55.34%	97.92%	61.01%	62.03%	62.6%	61.38%	63.55%	62.8%	62.34%	60.88%
Net Margin	-38.31%	-1.79%	-25.07%	-26.89%	7.62%	3.55%	20.09%	-0.61%	6.04%	-8.46%
Debt / Equity	0.09x	0.02x	-	-	-	-	-	-	-	-
Interest Coverage	-24.70x	-6.87x	0.62x	0.73x	55.62x	232.26x	17.27x	1.89x	9.71x	-5.10x
FCF Conversion	-0.03x	1.22x	-0.55x	-0.33x	0.95x	3.63x	0.89x	-14.07x	0.48x	1.07x
Revenue Growth	93.32%	35.55%	32.75%	18.89%	11.18%	16.27%	14.58%	9.41%	5.33%	-0.64%

Revenue by Segment

	2017	2018	2019	2020	2021	2022	2023	2024
Reportable	-	-	-	-	-	-	-	428.75M
Reportable Growth	-	-	-	-	-	-	-	-

Revenue by Geography

	2017	2018	2019	2020	2021	2022	2023	2024
Non-US	-	89.57M	101.38M	135.33M	174.62M	194.29M	211.52M	218.76M
Non-US Growth	-	-	13.18%	33.50%	29.03%	11.27%	8.87%	3.42%
UNITED STATES	144.02M	163.22M	179.68M	191.45M	199.81M	215.37M	219.97M	210M
UNITED STATES Growth	-	13.33%	10.08%	6.55%	4.37%	7.79%	2.14%	-4.54%
International Country	68.61M	-	-	-	-	-	-	-
International Country Growth	-	-	-	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

Rimini Street, Inc. (RMNI) reported $426.0M in revenue for fiscal year 2024. This represents a 878% increase from $43.6M in 2012.

Rimini Street, Inc. (RMNI) saw revenue decline by 0.6% over the past year.

Yes, Rimini Street, Inc. (RMNI) is profitable, generating $43.0M in net income for fiscal year 2024 (-8.5% net margin).

Dividend & Returns

Rimini Street, Inc. (RMNI) had negative free cash flow of $1.6M in fiscal year 2024, likely due to heavy capital investments.