NASDAQ : RMNI
Rimini Street, Inc. — Financial statements
Technology · Software - Application · United States
Last price 3.99 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 372.49M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Rimini Street, Inc. (RMNI) reported revenue of 438.39M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 438.39M | 421.54M | 428.75M | 431.50M | 409.66M | 374.43M |
| Cost of Revenue | 173.36M | 166.94M | 167.73M | 162.51M | 152.38M | 136.46M |
| Gross Profit | 265.03M | 254.60M | 261.02M | 268.98M | 257.28M | 237.97M |
| Selling, General & Admin | 231.09M | 221.57M | 222.82M | 215.38M | 218.38M | 192.67M |
| Operating Expenses | 233.95M | 221.57M | 222.82M | 215.38M | 218.38M | 192.67M |
| Operating Income | 31.08M | 33.03M | 38.20M | 53.60M | 38.89M | 45.30M |
| Interest Expense | -4.76M | -6.15M | -6.30M | -5.52M | -4.27M | -1.55M |
| Interest & Investment Income | 3.05M | 4.75M | 3.59M | 3.70M | 228.00K | 55.00K |
| Currency Exchange Gain (Loss) | -3.00M | -2.50M | -1.22M | -330.00K | 12.00K | -1.39M |
| Other Non Operating Income (Expenses) | -326.00K | -376.00K | -582.00K | -382.00K | -253.00K | -4.45M |
| EBT Excluding Unusual Items | 26.04M | 28.76M | 33.69M | 51.07M | 34.61M | 37.96M |
| Merger & Restructuring Charges | -5.07M | -4.49M | -5.74M | -59.00K | -2.52M | |
| Asset Writedown | -3.01M | -1.65M | ||||
| Legal Settlements | -21.00K | 31.36M | -64.59M | -9.78M | -25.65M | -23.99M |
| Pretax Income | 20.95M | 55.63M | -36.64M | 41.23M | 3.81M | 19.43M |
| Income Tax Expense | 9.94M | 18.53M | -371.00K | 15.17M | 6.29M | -55.78M |
| Net Income | 11.01M | 37.10M | -36.27M | 26.06M | -2.48M | 75.22M |
| Preferred Dividends & Other Adjustments | 30.02M | |||||
| Net Income to Common | 11.01M | 37.10M | -36.27M | 26.06M | -2.48M | 45.20M |
| Shares Outstanding (Basic) | 92.29M | 91.74M | 90.50M | 89.07M | 87.67M | 84.32M |
| Shares Outstanding (Diluted) | 95.10M | 94.49M | 90.50M | 89.54M | 87.67M | 88.97M |
| EPS (Basic) | 0.12 | 0.40 | -0.40 | 0.29 | -0.03 | 0.54 |
| EPS (Diluted) | 0.11 | 0.39 | -0.40 | 0.29 | -0.03 | 0.51 |
| Free Cash Flow | 22.34M | 55.65M | -42.23M | 5.25M | 30.57M | 64.84M |
| Free Cash Flow Per Share | 0.23 | 0.59 | -0.47 | 0.06 | 0.35 | 0.73 |
| Gross Margin | 60.46% | 60.40% | 60.88% | 62.34% | 62.80% | 63.55% |
| Operating Margin | 7.09% | 7.84% | 8.91% | 12.42% | 9.49% | 12.10% |
| Profit Margin | 2.51% | 8.80% | -8.46% | 6.04% | -0.60% | 12.07% |
| Free Cash Flow Margin | 5.10% | 13.20% | -9.85% | 1.22% | 7.46% | 17.32% |
| EBITDA | 35.12M | 36.90M | 41.80M | 56.43M | 41.40M | 47.70M |
| EBITDA Margin | 8.01% | 8.75% | 9.75% | 13.08% | 10.11% | 12.74% |
| D&A For EBITDA | 4.04M | 3.86M | 3.60M | 2.83M | 2.50M | 2.40M |
| EBIT | 31.08M | 33.03M | 38.20M | 53.60M | 38.89M | 45.30M |
| EBIT Margin | 7.09% | 7.84% | 8.91% | 12.42% | 9.49% | 12.10% |
| Effective Tax Rate | 47.46% | 33.31% | 36.80% | 165.18% | ||
| Advertising Expenses | 300.00K | 1.70M | 2.10M | 1.70M | 1.20M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 93.32M | 119.97M | 88.79M | 115.42M | 109.01M | 119.57M |
| Short-Term Investments | 963.00K | 1.61M | 471.00K | 9.83M | 20.11M | |
| Cash & Short-Term Investments | 94.28M | 121.58M | 89.26M | 125.25M | 129.12M | 119.57M |
| Accounts Receivable | 91.32M | 138.79M | 132.06M | 119.43M | 116.09M | 135.45M |
| Other Receivables | 4.14M | 3.24M | 2.85M | 3.23M | 2.79M | 3.07M |
| Receivables | 95.46M | 142.03M | 134.90M | 122.66M | 118.89M | 138.51M |
| Prepaid Expenses | 19.93M | 15.44M | 11.47M | 17.51M | 12.14M | 9.39M |
| Restricted Cash | 343.00K | 341.00K | 430.00K | 428.00K | 426.00K | 419.00K |
| Other Current Assets | 20.79M | 20.98M | 20.21M | 22.84M | 21.13M | 18.87M |
| Total Current Assets | 230.81M | 300.36M | 256.28M | 288.69M | 281.71M | 286.76M |
| Property, Plant & Equipment | 31.35M | 31.61M | 17.05M | 16.44M | 13.26M | 17.16M |
| Long-Term Investments | 962.00K | 436.00K | 891.00K | 1.40M | ||
| Long-Term Deferred Tax Assets | 57.65M | 57.54M | 68.58M | 59.00M | 65.52M | 64.03M |
| Long-Term Deferred Charges | 24.25M | 24.44M | 22.08M | 23.56M | 23.51M | 21.52M |
| Other Long-Term Assets | 9.43M | 9.16M | 4.63M | 5.22M | 5.66M | 1.79M |
| Total Assets | 354.45M | 423.11M | 369.06M | 393.80M | 391.04M | 391.26M |
| Accounts Payable | 5.91M | 5.75M | 5.28M | 6.00M | 8.04M | 5.71M |
| Accrued Expenses | 56.61M | 58.86M | 50.93M | 54.88M | 58.07M | 53.29M |
| Current Portion of Long-Term Debt | 4.03M | 3.09M | 5.91M | 4.79M | 3.66M | |
| Current Portion of Leases | 4.12M | 4.98M | 4.29M | 4.68M | 4.56M | 4.54M |
| Current Income Taxes Payable | 2.56M | 2.00M | 1.77M | 1.77M | 2.23M | 1.55M |
| Current Unearned Revenue | 210.78M | 268.72M | 257.98M | 263.12M | 265.84M | 253.22M |
| Other Current Liabilities | 1.63M | 3.06M | 1.25M | 82.00K | 9.51M | 7.53M |
| Total Current Liabilities | 281.61M | 347.40M | 324.59M | 336.43M | 353.03M | 329.50M |
| Long-Term Debt | 41.74M | 63.66M | 82.19M | 64.23M | 70.00M | 79.66M |
| Long-Term Leases | 16.48M | 18.84M | 7.06M | 6.84M | 9.09M | 12.51M |
| Long-Term Unearned Revenue | 24.75M | 18.82M | 23.21M | 23.86M | 34.08M | 47.05M |
| Other Long-Term Liabilities | 1.39M | 1.41M | 1.45M | 1.93M | 2.01M | 2.93M |
| Total Liabilities | 365.97M | 450.14M | 438.51M | 433.29M | 468.21M | 471.65M |
| Common Stock | 9.00K | 9.00K | 9.00K | 9.00K | 9.00K | 9.00K |
| Additional Paid-In Capital | 184.80M | 181.07M | 177.53M | 167.99M | 156.40M | 149.23M |
| Retained Earnings | -191.10M | -201.38M | -238.48M | -202.21M | -228.27M | -225.79M |
| Treasury Stock | -1.12M | -1.12M | -1.12M | -1.12M | -1.12M | -1.12M |
| Comprehensive Income & Other | -4.12M | -5.61M | -7.39M | -4.17M | -4.20M | -2.72M |
| Total Common Equity | -11.52M | -27.03M | -69.44M | -39.50M | -77.17M | -80.39M |
| Shareholders' Equity | -11.52M | -27.03M | -69.44M | -39.50M | -77.17M | -80.39M |
| Total Liabilities & Equity | 354.45M | 423.11M | 369.06M | 393.80M | 391.04M | 391.26M |
| Total Debt | 62.34M | 91.52M | 96.63M | 81.66M | 88.44M | 100.37M |
| Net Cash (Debt) | 31.95M | 30.06M | -7.37M | 43.59M | 40.68M | 19.20M |
| Net Cash Per Share | 0.34 | 0.32 | -0.08 | 0.49 | 0.46 | 0.22 |
| Filing Date Shares Outstanding | 92.70M | 91.66M | 91.30M | 89.88M | 88.81M | 87.34M |
| Total Common Shares Outstanding | 92.67M | 91.60M | 91.12M | 89.59M | 88.52M | 87.11M |
| Working Capital | -50.80M | -47.04M | -68.32M | -47.74M | -71.32M | -42.74M |
| Book Value Per Share | -0.12 | -0.30 | -0.76 | -0.44 | -0.87 | -0.92 |
| Tangible Book Value | -11.52M | -27.03M | -69.44M | -39.50M | -77.17M | -80.39M |
| Tangible Book Value Per Share | -0.12 | -0.30 | -0.76 | -0.44 | -0.87 | -0.92 |
| Machinery | 23.41M | 22.92M | 16.70M | 12.59M | 10.58M | |
| Construction In Progress | 1.67M | 822.00K | 1.72M | 1.91M | 465.00K | |
| Leasehold Improvements | 3.85M | 2.67M | 1.37M | 1.27M | 1.28M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 11.01M | 37.10M | -36.27M | 26.06M | -2.48M | 75.22M |
| Depreciation & Amortization | 9.51M | 8.92M | 8.16M | 7.31M | 8.03M | 8.54M |
| Other Amortization | 657.00K | 657.00K | 765.00K | 973.00K | 973.00K | 441.00K |
| Asset Writedown & Restructuring Costs | 3.01M | 1.65M | ||||
| Stock-Based Compensation | 10.20M | 11.07M | 9.54M | 12.52M | 10.89M | 9.71M |
| Other Operating Activities | 1.17M | 11.21M | -9.83M | 6.69M | -2.06M | -58.13M |
| Change in Accounts Receivable | -6.28M | -4.51M | -15.21M | -2.98M | 18.92M | -18.79M |
| Change in Accounts Payable | 1.23M | 444.00K | -613.00K | -1.96M | 2.40M | 2.49M |
| Change in Unearned Revenue | 11.33M | 4.68M | 2.20M | -11.36M | 3.20M | 47.34M |
| Change in Other Net Operating Assets | -11.57M | -9.34M | 2.41M | -24.79M | -7.98M | -1.53M |
| Operating Cash Flow | 27.24M | 60.22M | -38.85M | 12.47M | 34.90M | 66.94M |
| Capital Expenditures | -4.90M | -4.57M | -3.38M | -7.21M | -4.33M | -2.11M |
| Investment in Securities | 9.83M | 10.29M | -20.11M | |||
| Investing Cash Flow | -4.90M | -4.57M | 6.45M | 3.08M | -24.45M | -2.11M |
| Long-Term Debt Issued | 17.94M | 89.31M | ||||
| Long-Term Debt Repaid | -19.07M | -3.92M | -5.96M | -9.81M | -2.68M | |
| Net Debt Issued (Repaid) | -26.91M | -19.07M | 14.02M | -5.96M | -9.81M | 86.64M |
| Issuance of Common Stock | 1.25M | 63.00K | 79.00K | 1.01M | 62.83M | |
| Repurchase of Common Stock | -8.83M | -7.59M | -1.01M | -4.74M | -1.12M | |
| Preferred Dividends Paid | -12.68M | |||||
| Dividends Paid | -12.68M | |||||
| Other Financing Activities | -27.00K | -5.48M | ||||
| Financing Cash Flow | -34.49M | -26.60M | 14.02M | -6.89M | -13.57M | -26.57M |
| Foreign Exchange Rate Adjustments | -3.10M | 2.83M | -8.24M | -2.23M | -7.44M | -6.19M |
| Net Cash Flow | -15.26M | 31.88M | -26.63M | 6.42M | -10.56M | 32.08M |
| Free Cash Flow | 22.34M | 55.65M | -42.23M | 5.25M | 30.57M | 64.84M |
| Free Cash Flow Margin | 5.10% | 13.20% | -9.85% | 1.22% | 7.46% | 17.32% |
| Free Cash Flow Per Share | 0.23 | 0.59 | -0.47 | 0.06 | 0.35 | 0.73 |
| Levered Free Cash Flow | 31.00M | 42.29M | 22.82M | 14.94M | 74.20M | 52.72M |
| Unlevered Free Cash Flow | 33.32M | 45.48M | 26.00M | 17.42M | 75.90M | 53.25M |
| Cash Interest Paid | 4.05M | 5.52M | 5.50M | 4.53M | 3.25M | 1.10M |
| Cash Income Tax Paid | 4.29M | 4.01M | 3.37M | 4.93M | 2.79M | 2.89M |
| Change in Working Capital | -5.29M | -8.73M | -11.22M | -41.09M | 16.52M | 29.52M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 459.77M | 356.00M | 242.55M | 292.30M | 336.34M | 519.01M |
| Enterprise Value | 427.83M | 339.77M | 206.49M | 247.78M | 296.72M | 518.36M |
| Last Close Price | 4.96 | 3.88 | 2.67 | 3.27 | 3.81 | 5.97 |
| PE Ratio | 44.81 | 9.60 | 11.22 | 11.48 | ||
| Forward PE | 10.90 | 10.21 | 7.78 | 8.46 | 9.29 | 12.61 |
| PS Ratio | 1.05 | 0.84 | 0.57 | 0.68 | 0.82 | 1.39 |
| PB Ratio | -13.17 | -3.49 | -7.40 | -4.36 | -6.46 | |
| P/FCF Ratio | 20.58 | 6.40 | 55.62 | 11.00 | 8.01 | |
| P/OCF Ratio | 16.88 | 5.91 | 23.45 | 9.64 | 7.75 | |
| PEG Ratio | 0.98 | 0.78 | 0.85 | 0.62 | 1.26 | |
| EV/Sales Ratio | 0.98 | 0.81 | 0.48 | 0.57 | 0.72 | 1.38 |
| EV/EBITDA Ratio | 12.18 | 9.21 | 4.94 | 4.39 | 7.17 | 10.87 |
| EV/EBIT Ratio | 13.77 | 10.29 | 5.41 | 4.62 | 7.63 | 11.44 |
| EV/FCF Ratio | 19.15 | 6.11 | 47.15 | 9.71 | 8.00 | |
| Debt / Equity Ratio | -5.41 | -3.39 | -1.39 | -2.07 | -1.15 | -1.25 |
| Debt / EBITDA Ratio | 1.50 | 2.14 | 2.05 | 1.33 | 1.85 | 1.84 |
| Debt / FCF Ratio | 2.79 | 1.65 | 15.54 | 2.89 | 1.55 | |
| Net Debt / Equity Ratio | 2.77 | 1.11 | -0.11 | 1.10 | 0.53 | 0.24 |
| Net Debt / EBITDA Ratio | -0.91 | -0.81 | 0.18 | -0.77 | -0.98 | -0.40 |
| Net Debt / FCF Ratio | -1.43 | -0.54 | -0.17 | -8.29 | -1.33 | -0.30 |
| Asset Turnover | 1.24 | 1.06 | 1.12 | 1.10 | 1.05 | 1.12 |
| Quick Ratio | 0.67 | 0.76 | 0.69 | 0.74 | 0.70 | 0.78 |
| Current Ratio | 0.82 | 0.86 | 0.79 | 0.86 | 0.80 | 0.87 |
| Return on Assets (ROA) | 5.49% | 5.21% | 6.26% | 8.54% | 6.21% | 8.44% |
| Return on Invested Capital (ROIC) | 22.55% | 36.66% | 75.03% | 71.04% | -50.81% | 195.39% |
| Return on Capital Employed (ROCE) | 42.70% | 43.60% | 85.90% | 93.40% | 102.30% | 73.30% |
| Earnings Yield | 2.23% | 10.42% | -14.95% | 8.91% | -0.74% | 14.49% |
| FCF Yield | 4.86% | 15.63% | -17.41% | 1.80% | 9.09% | 12.49% |
| Payout Ratio | 16.86% | |||||
| Buyback Yield / Dilution | -1.72% | -4.41% | -1.08% | -2.13% | 1.46% | -24.90% |