Rimini Street (RMNI) Financials

$3.05 -0.08 (-2.56%)

Closing price 05/30/2025 04:00 PM Eastern

Extended Trading

$3.04 0.00 (-0.16%)

As of 05/30/2025 04:04 PM Eastern

Annual Income Statements for Rimini Street

This table shows Rimini Street's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Net Income / (Loss) Attributable to Common Shareholders	-36	26	-2.48
Consolidated Net Income / (Loss)	-36	26	-2.48
Net Income / (Loss) Continuing Operations	-36	26	-2.48
Total Pre-Tax Income	-37	41	3.81
Total Operating Income	-32	44	8.09
Total Gross Profit	261	269	257
Total Revenue	429	431	410
Operating Revenue	429	431	410
Total Cost of Revenue	168	163	152
Operating Cost of Revenue	168	163	152
Total Operating Expenses	293	225	249
Selling, General & Admin Expense	79	80	101
Marketing Expense	150	142	143
Other Operating Expenses / (Income)	0.00	0.00	-0.39
Impairment Charge	0.00	0.00	3.01
Restructuring Charge	5.74	0.06	2.53
Other Special Charges / (Income)	59	2.74	0.00
Total Other Income / (Expense), net	-4.52	-2.53	-4.28
Interest Expense	6.31	5.52	4.27
Other Income / (Expense), net	1.79	2.99	-0.01
Income Tax Expense	-0.37	15	6.29
Basic Earnings per Share	($0.40)	$0.29	($0.03)
Weighted Average Basic Shares Outstanding	90.50M	89.07M	87.67M
Diluted Earnings per Share	($0.40)	$0.29	($0.03)
Weighted Average Diluted Shares Outstanding	90.50M	89.54M	87.67M
Weighted Average Basic & Diluted Shares Outstanding	91.30M	89.88M	88.81M

This table shows Rimini Street's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	6.66	-43	-1.15	1.32	9.35	6.80	4.27	5.64	-5.27	-0.41
Consolidated Net Income / (Loss)	6.66	-43	-1.15	1.32	9.35	6.80	4.27	5.64	-5.27	-0.41
Net Income / (Loss) Continuing Operations	6.66	-43	-1.15	1.32	9.35	6.80	4.27	5.64	-5.27	-0.41
Total Pre-Tax Income	13	-52	-0.77	2.99	11	11	9.19	9.87	-4.19	-0.46
Total Operating Income	15	-50	-0.78	3.36	12	11	10	11	-5.58	2.04
Total Gross Profit	73	64	61	64	68	67	67	66	70	63
Total Revenue	114	105	103	107	112	107	106	106	109	102
Operating Revenue	114	105	103	107	112	107	106	106	109	102
Total Cost of Revenue	42	41	42	43	44	40	39	39	39	39
Operating Cost of Revenue	42	41	42	43	44	40	39	39	39	39
Total Operating Expenses	58	113	62	60	57	56	57	55	76	61
Selling, General & Admin Expense	19	17	21	21	19	21	19	21	31	25
Marketing Expense	37	36	37	39	35	36	37	34	39	36
Restructuring Charge	1.10	1.43	3.21	0.00	-	0.00	0.00	0.06	2.53	0.00
Total Other Income / (Expense), net	-1.93	-2.22	0.01	-0.38	-0.19	-0.42	-1.11	-0.81	1.39	-2.50
Interest Expense	1.90	1.58	1.48	1.34	1.38	1.41	1.39	1.34	1.30	1.17
Other Income / (Expense), net	-0.02	-0.64	1.49	0.96	1.19	0.99	0.28	0.53	2.68	-1.33
Income Tax Expense	6.29	-8.71	0.38	1.67	2.00	4.02	4.92	4.24	1.08	-0.06
Basic Earnings per Share	$0.07	($0.47)	($0.01)	$0.01	$0.10	$0.08	$0.05	$0.06	($0.07)	$0.00
Weighted Average Basic Shares Outstanding	90.50M	90.78M	90.50M	89.75M	89.07M	89.23M	88.90M	88.69M	87.67M	87.97M
Diluted Earnings per Share	$0.07	($0.47)	($0.01)	$0.01	$0.10	$0.08	$0.05	$0.06	($0.06)	$0.00
Weighted Average Diluted Shares Outstanding	90.50M	90.78M	90.50M	90.56M	89.54M	89.36M	89.27M	89.06M	87.67M	87.97M
Weighted Average Basic & Diluted Shares Outstanding	91.30M	90.92M	90.70M	90.41M	89.88M	89.39M	89.09M	88.91M	88.81M	88.28M

This table details how cash moves in and out of Rimini Street's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Net Change in Cash & Equivalents	-27	6.42	-11
Net Cash From Operating Activities	-39	12	35
Net Cash From Continuing Operating Activities	-39	12	35
Net Income / (Loss) Continuing Operations	-36	26	-2.48
Consolidated Net Income / (Loss)	-36	26	-2.48
Depreciation Expense	3.60	2.83	2.50
Amortization Expense	5.33	5.46	6.50
Non-Cash Adjustments To Reconcile Net Income	9.54	13	14
Changes in Operating Assets and Liabilities, net	-21	-34	14
Net Cash From Investing Activities	6.45	3.08	-24
Net Cash From Continuing Investing Activities	6.45	3.08	-24
Purchase of Property, Plant & Equipment	-3.38	-7.21	-4.33
Purchase of Investments	-7.46	-31	-31
Sale and/or Maturity of Investments	17	41	11
Net Cash From Financing Activities	14	-6.89	-14
Net Cash From Continuing Financing Activities	14	-6.89	-14
Repayment of Debt	-3.56	-5.63	-9.50
Repurchase of Common Equity	0.00	-1.01	-4.77
Issuance of Debt	18	0.00	0.00
Other Financing Activities, net	-0.36	-0.25	0.70
Effect of Exchange Rate Changes	-8.25	-2.23	-7.44
Cash Interest Paid	5.50	4.53	3.25
Cash Income Taxes Paid	3.37	4.93	2.79

This table details how cash moves in and out of Rimini Street's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	-31	-15	5.19	14	7.19	-15	7.38	7.16	-9.56	-42
Net Cash From Operating Activities	-38	-19	6.26	11	-1.15	-8.14	13	8.64	-1.86	-24
Net Cash From Continuing Operating Activities	-38	-19	6.26	11	-1.15	-8.14	13	8.64	-1.86	-24
Net Income / (Loss) Continuing Operations	6.66	-43	-1.15	1.32	9.35	6.80	4.27	5.64	-5.27	-0.41
Consolidated Net Income / (Loss)	6.66	-43	-1.15	1.32	9.35	6.80	4.27	5.64	-5.27	-0.41
Depreciation Expense	0.95	0.92	0.86	0.87	0.83	0.75	0.64	0.61	0.63	0.65
Amortization Expense	1.37	1.30	1.30	1.36	1.38	1.36	1.33	1.39	1.64	1.60
Non-Cash Adjustments To Reconcile Net Income	2.41	2.17	2.41	2.56	3.51	3.13	3.95	1.98	5.27	2.44
Changes in Operating Assets and Liabilities, net	-49	20	2.84	4.99	-16	-20	2.92	-0.97	-4.12	-28
Net Cash From Investing Activities	-0.68	-0.67	-0.86	8.65	7.24	-3.02	-0.79	-0.35	-10	-13
Net Cash From Continuing Investing Activities	-0.68	-0.67	-0.86	8.65	7.24	-3.02	-0.79	-0.35	-10	-13
Purchase of Property, Plant & Equipment	-0.68	-0.67	-0.86	-1.17	-3.56	-1.56	-1.07	-1.03	-1.19	-1.42
Net Cash From Financing Activities	14	-1.03	2.85	-1.78	-1.77	-1.77	-2.25	-1.10	-1.16	-1.68
Net Cash From Continuing Financing Activities	14	-1.03	2.85	-1.78	-1.77	-1.77	-2.25	-1.10	-1.16	-1.68
Repayment of Debt	-0.94	-0.94	-	-1.69	-1.44	-1.94	-1.13	-1.13	-1.13	-0.97
Issuance of Debt	15	-	-	-	-	-	-	-	-	-
Other Financing Activities, net	-0.09	-0.09	-0.09	-0.09	-0.33	0.16	-0.11	0.02	-0.03	0.28
Effect of Exchange Rate Changes	-6.31	5.51	-3.06	-4.39	2.88	-2.38	-2.69	-0.04	3.61	-3.38
Cash Interest Paid	1.71	1.41	1.31	1.07	1.12	1.15	1.14	1.11	1.05	0.92
Cash Income Taxes Paid	0.71	1.04	1.12	0.50	0.76	0.51	0.86	2.79	0.90	0.71

This table presents Rimini Street's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Total Assets	369	394	391
Total Current Assets	256	289	282
Cash & Equivalents	89	115	109
Restricted Cash	0.43	0.43	0.43
Short-Term Investments	0.00	9.83	20
Accounts Receivable	131	119	116
Prepaid Expenses	19	26	19
Other Current Assets	17	18	17
Plant, Property, & Equipment, net	0.00	0.00	0.00
Total Noncurrent Assets	113	105	109
Noncurrent Deferred & Refundable Income Taxes	69	59	66
Other Noncurrent Operating Assets	44	46	44
Total Liabilities & Shareholders' Equity	369	394	391
Total Liabilities	439	433	468
Total Current Liabilities	325	336	353
Short-Term Debt	3.09	5.91	4.79
Accounts Payable	5.28	6.00	8.04
Accrued Expenses	21	18	33
Current Deferred Revenue	258	263	266
Current Employee Benefit Liabilities	34	39	37
Other Current Liabilities	3.97	4.32	4.22
Total Noncurrent Liabilities	114	97	115
Long-Term Debt	82	64	70
Noncurrent Deferred Revenue	23	24	34
Other Noncurrent Operating Liabilities	8.52	8.77	11
Commitments & Contingencies	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	-69	-39	-77
Total Preferred & Common Equity	-69	-39	-77
Preferred Stock	0.00	0.00	0.00
Total Common Equity	-69	-39	-77
Common Stock	178	168	156
Retained Earnings	-238	-202	-228
Accumulated Other Comprehensive Income / (Loss)	-7.39	-4.17	-4.20
Other Equity Adjustments	-1.12	-1.12	-1.12

This table presents Rimini Street's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	344	367	351	335	371	368	333
Total Current Assets	229	263	248	232	265	262	227
Cash & Equivalents	119	134	129	108	124	116	119
Restricted Cash	0.43	0.43	0.43	0.43	0.43	0.43	0.42
Short-Term Investments	0.00	0.00	0.00	20	17	19	11
Accounts Receivable	67	87	79	61	85	89	59
Prepaid Expenses	25	25	23	25	21	20	21
Other Current Assets	17	17	17	18	18	17	16
Plant, Property, & Equipment, net	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Noncurrent Assets	115	104	103	103	106	106	106
Noncurrent Deferred & Refundable Income Taxes	72	62	60	59	61	65	63
Other Noncurrent Operating Assets	43	43	43	44	45	42	43
Total Liabilities & Shareholders' Equity	344	367	351	335	371	368	333
Total Liabilities	421	403	388	388	433	438	409
Total Current Liabilities	322	303	293	289	329	330	289
Short-Term Debt	3.09	3.09	5.91	5.91	5.91	5.35	4.23
Accounts Payable	4.56	4.52	3.61	6.14	4.63	5.96	8.30
Accrued Expenses	74	19	18	23	22	26	24
Current Deferred Revenue	202	240	230	214	259	257	212
Current Employee Benefit Liabilities	34	32	31	36	34	31	36
Other Current Liabilities	4.38	4.50	4.36	4.18	4.22	4.05	4.12
Total Noncurrent Liabilities	98	100	95	99	104	109	120
Long-Term Debt	68	69	63	66	67	69	71
Noncurrent Deferred Revenue	21	22	24	24	26	30	36
Other Noncurrent Operating Liabilities	9.16	9.18	7.57	9.23	10	9.99	13
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	-77	-36	-36	-53	-62	-70	-75
Total Preferred & Common Equity	-77	-36	-36	-53	-62	-70	-75
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	-77	-36	-36	-53	-62	-70	-75
Common Stock	175	173	171	165	161	158	154
Retained Earnings	-245	-202	-201	-212	-218	-223	-223
Treasury Stock	-1.12	-1.12	-1.12	-1.12	-1.12	-1.12	-1.12
Accumulated Other Comprehensive Income / (Loss)	-5.65	-5.92	-4.86	-4.90	-3.98	-4.83	-5.38

This table displays calculated financial ratios and metrics derived from Rimini Street's official financial filings.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Growth Metrics	-	-	-
Revenue Growth	-0.64%	5.33%	9.41%
EBITDA Growth	-138.90%	222.17%	-43.00%
EBIT Growth	-164.89%	478.93%	-61.52%
NOPAT Growth	-181.31%	624.64%	-105.09%
Net Income Growth	-239.19%	1,150.77%	-103.30%
EPS Growth	-237.93%	1,066.67%	-105.88%
Operating Cash Flow Growth	-411.61%	-64.28%	-47.87%
Free Cash Flow Firm Growth	-378.02%	-196.20%	-85.79%
Invested Capital Growth	22.78%	27.96%	-12.70%
Revenue Q/Q Growth	0.49%	0.82%	2.33%
EBITDA Q/Q Growth	9.43%	39.44%	-44.83%
EBIT Q/Q Growth	6.52%	50.21%	-63.01%
NOPAT Q/Q Growth	9.40%	133.21%	-104.95%
Net Income Q/Q Growth	-8.02%	127.87%	-103.40%
EPS Q/Q Growth	-8.11%	123.08%	-103.70%
Operating Cash Flow Q/Q Growth	-1,578.14%	6.07%	-37.56%
Free Cash Flow Firm Q/Q Growth	-378.81%	-16.27%	-83.18%
Invested Capital Q/Q Growth	41.59%	13.64%	-1.61%
Profitability Metrics	-	-	-
Gross Margin	60.88%	62.34%	62.80%
EBITDA Margin	-4.99%	12.75%	4.17%
Operating Margin	-7.49%	10.14%	1.97%
EBIT Margin	-7.08%	10.84%	1.97%
Profit (Net Income) Margin	-8.46%	6.04%	-0.61%
Tax Burden Percent	98.99%	63.20%	-65.18%
Interest Burden Percent	120.78%	88.19%	47.11%
Effective Tax Rate	0.00%	36.80%	165.18%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%
Return on Equity (ROE)	66.59%	-44.67%	3.15%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	-7.95%	11.91%	2.06%
Return on Assets (ROA)	-9.51%	6.64%	-0.63%
Return on Common Equity (ROCE)	66.59%	-44.67%	3.15%
Return on Equity Simple (ROE_SIMPLE)	52.23%	-65.98%	3.21%
Net Operating Profit after Tax (NOPAT)	-22	28	-5.27
NOPAT Margin	-5.25%	6.41%	-1.29%
Net Nonoperating Expense Percent (NNEP)	-46.34%	-2.90%	6.11%
Return On Investment Capital (ROIC_SIMPLE)	-142.02%	90.26%	221.71%
Cost of Revenue to Revenue	39.12%	37.66%	37.20%
SG&A Expenses to Revenue	18.46%	18.56%	24.66%
R&D to Revenue	0.00%	0.00%	0.00%
Operating Expenses to Revenue	68.37%	52.19%	60.83%
Earnings before Interest and Taxes (EBIT)	-30	47	8.08
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-21	55	17
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.57	0.68	0.82
Price to Earnings (P/E)	0.00	11.22	0.00
Dividend Yield	0.00%	0.00%	0.00%
Earnings Yield	0.00%	8.92%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	0.56	0.55	0.69
Enterprise Value to EBITDA (EV/EBITDA)	0.00	4.30	16.48
Enterprise Value to EBIT (EV/EBIT)	0.00	5.06	34.87
Enterprise Value to NOPAT (EV/NOPAT)	0.00	8.56	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	18.99	8.07
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	29.34
Leverage & Solvency	-	-	-
Debt to Equity	-1.23	-1.78	-0.97
Long-Term Debt to Equity	-1.18	-1.63	-0.91
Financial Leverage	0.55	0.95	0.58
Leverage Ratio	-7.00	-6.73	-4.97
Compound Leverage Factor	-8.46	-5.93	-2.34
Debt to Total Capital	538.55%	228.89%	-3,145.16%
Short-Term Debt to Total Capital	19.53%	19.29%	-201.39%
Long-Term Debt to Total Capital	519.02%	209.59%	-2,943.78%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%
Common Equity to Total Capital	-438.55%	-128.89%	3,245.16%
Debt to EBITDA	-3.98	1.27	4.38
Net Debt to EBITDA	0.18	-1.01	-3.21
Long-Term Debt to EBITDA	-3.84	1.17	4.10
Debt to NOPAT	-3.79	2.54	-14.19
Net Debt to NOPAT	0.18	-2.01	10.39
Long-Term Debt to NOPAT	-3.65	2.32	-13.28
Altman Z-Score	0.10	1.03	0.51
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-
Current Ratio	0.79	0.86	0.80
Quick Ratio	0.68	0.73	0.69
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	-44	-9.23	9.60
Operating Cash Flow to CapEx	-1,150.06%	172.86%	805.77%
Free Cash Flow to Firm to Interest Expense	-7.00	-1.67	2.25
Operating Cash Flow to Interest Expense	-6.16	2.26	8.17
Operating Cash Flow Less CapEx to Interest Expense	-6.70	0.95	7.16
Efficiency Ratios	-	-	-
Asset Turnover	1.12	1.10	1.05
Accounts Receivable Turnover	3.43	3.66	3.26
Inventory Turnover	0.00	0.00	0.00
Fixed Asset Turnover	0.00	0.00	0.00
Accounts Payable Turnover	29.76	23.15	22.17
Days Sales Outstanding (DSO)	106.50	99.61	112.06
Days Inventory Outstanding (DIO)	0.00	0.00	0.00
Days Payable Outstanding (DPO)	12.26	15.76	16.46
Cash Conversion Cycle (CCC)	94.24	83.85	95.59
Capital & Investment Metrics	-	-	-
Invested Capital	-73	-95	-132
Invested Capital Turnover	-5.09	-3.80	-3.29
Increase / (Decrease) in Invested Capital	22	37	-15
Enterprise Value (EV)	239	237	282
Market Capitalization	243	292	336
Book Value per Share	($0.76)	($0.44)	($0.87)
Tangible Book Value per Share	($0.76)	($0.44)	($0.87)
Total Capital	16	31	-2.38
Total Debt	85	70	75
Total Long-Term Debt	82	64	70
Net Debt	-3.94	-56	-55
Capital Expenditures (CapEx)	3.38	7.21	4.33
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-154	-168	-196
Debt-free Net Working Capital (DFNWC)	-65	-42	-67
Net Working Capital (NWC)	-68	-48	-71
Net Nonoperating Expense (NNE)	14	1.60	-2.79
Net Nonoperating Obligations (NNO)	-3.94	-56	-55
Total Depreciation and Amortization (D&A)	8.93	8.28	9.01
Debt-free, Cash-free Net Working Capital to Revenue	-36.02%	-38.82%	-47.86%
Debt-free Net Working Capital to Revenue	-15.21%	-9.69%	-16.24%
Net Working Capital to Revenue	-15.93%	-11.07%	-17.41%
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	($0.40)	$0.29	($0.03)
Adjusted Weighted Average Basic Shares Outstanding	90.50M	89.07M	87.67M
Adjusted Diluted Earnings per Share	($0.40)	$0.29	($0.03)
Adjusted Weighted Average Diluted Shares Outstanding	90.50M	89.54M	87.67M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	91.30M	89.88M	88.81M
Normalized Net Operating Profit after Tax (NOPAT)	22	29	9.54
Normalized NOPAT Margin	5.24%	6.82%	2.33%
Pre Tax Income Margin	-8.55%	9.56%	0.93%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	-4.81	8.47	1.89
NOPAT to Interest Expense	-3.57	5.01	-1.23
EBIT Less CapEx to Interest Expense	-5.35	7.16	0.88
NOPAT Less CapEx to Interest Expense	-4.10	3.70	-2.25
Payout Ratios	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	3.89%	-192.22%

This table displays calculated financial ratios and metrics derived from Rimini Street's official financial filings.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	1.88%	-2.59%	-3.10%	1.17%	3.21%	5.42%	5.16%	7.76%	9.41%	6.58%
EBITDA Growth	14.91%	-434.93%	-77.06%	-50.39%	2,494.87%	384.49%	96.71%	57.84%	-104.71%	-55.38%
EBIT Growth	16.62%	-510.79%	-93.22%	-61.41%	540.42%	1,632.15%	157.24%	82.30%	-126.61%	-83.63%
NOPAT Growth	-19.55%	-591.24%	-111.34%	-75.69%	343.62%	396.10%	2,278.58%	77.75%	-104.39%	-64.13%
Net Income Growth	-28.79%	-733.73%	-126.90%	-76.64%	277.37%	1,779.26%	3,780.00%	82.67%	-107.53%	-120.97%
EPS Growth	-30.00%	-687.50%	-120.00%	-83.33%	266.67%	0.00%	0.00%	100.00%	-107.69%	100.00%
Operating Cash Flow Growth	-3,187.96%	-127.56%	-52.26%	28.29%	38.35%	66.12%	-12.18%	-81.15%	-109.72%	-3,783.44%
Free Cash Flow Firm Growth	48.89%	-50.07%	-23.80%	-111.43%	-349.70%	73.53%	5.14%	20.31%	-79.21%	-226.40%
Invested Capital Growth	22.78%	-14.18%	23.99%	26.25%	27.96%	15.25%	18.95%	14.18%	-12.70%	27.61%
Revenue Q/Q Growth	9.12%	1.50%	-3.39%	-4.79%	4.33%	0.97%	0.86%	-2.86%	6.56%	0.72%
EBITDA Q/Q Growth	135.76%	-1,768.38%	-56.09%	-56.14%	4.24%	14.29%	-5.06%	2,217.47%	-121.09%	-53.60%
EBIT Q/Q Growth	129.57%	-7,106.42%	-83.43%	-66.03%	4.15%	15.64%	-5.69%	487.72%	-509.63%	-82.83%
NOPAT Q/Q Growth	122.04%	-6,299.23%	-136.57%	-84.40%	34.56%	47.78%	-21.63%	256.34%	-374.00%	608.52%
Net Income Q/Q Growth	115.45%	-3,654.36%	-187.17%	-85.92%	37.49%	59.35%	-24.31%	206.96%	-1,201.73%	-468.18%
EPS Q/Q Growth	114.89%	-4,600.00%	-200.00%	-90.00%	25.00%	60.00%	-16.67%	200.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	-103.52%	-395.89%	-43.57%	1,067.54%	85.91%	-162.08%	51.64%	564.93%	92.26%	-260.92%
Free Cash Flow Firm Q/Q Growth	26.76%	39.82%	3.94%	-20.72%	-115.03%	50.36%	-64.06%	-242.57%	122.80%	-77.90%
Invested Capital Q/Q Growth	41.59%	-27.02%	-1.93%	-2.12%	13.64%	15.44%	1.11%	0.25%	-1.61%	19.14%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	63.66%	60.70%	59.10%	59.80%	61.01%	62.67%	63.03%	62.71%	64.50%	61.47%
EBITDA Margin	15.04%	-45.87%	2.79%	6.14%	13.33%	13.34%	11.79%	12.52%	-0.57%	2.90%
Operating Margin	13.03%	-47.38%	-0.75%	3.15%	10.30%	10.46%	9.67%	10.13%	-5.13%	2.00%
EBIT Margin	13.01%	-47.99%	0.70%	4.05%	11.36%	11.38%	9.94%	10.63%	-2.66%	0.69%
Profit (Net Income) Margin	5.83%	-41.18%	-1.11%	1.23%	8.34%	6.33%	4.01%	5.34%	-4.85%	-0.40%
Tax Burden Percent	51.42%	83.18%	149.87%	44.11%	82.36%	62.88%	46.45%	57.11%	125.85%	87.85%
Interest Burden Percent	87.18%	103.14%	-106.83%	69.01%	89.14%	88.45%	86.88%	88.06%	144.85%	-65.30%
Effective Tax Rate	48.58%	0.00%	0.00%	55.89%	17.64%	37.12%	53.55%	42.89%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Equity (ROE)	66.59%	51.73%	-33.25%	-40.85%	-44.67%	-17.81%	-6.11%	-0.10%	3.15%	-61.86%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	14.62%	-60.33%	0.81%	4.88%	12.49%	14.58%	11.09%	11.73%	-2.79%	0.94%
Return on Assets (ROA)	6.55%	-51.76%	-1.30%	1.48%	9.17%	8.11%	4.48%	5.90%	-5.08%	-0.54%
Return on Common Equity (ROCE)	66.59%	51.73%	-33.25%	-40.85%	-44.67%	-17.81%	-6.11%	-0.10%	3.15%	-61.86%
Return on Equity Simple (ROE_SIMPLE)	0.00%	43.74%	-45.19%	-59.86%	0.00%	-21.56%	-6.82%	-0.10%	0.00%	-96.65%
Net Operating Profit after Tax (NOPAT)	7.65	-35	-0.54	1.48	9.51	7.07	4.78	6.10	-3.90	1.42
NOPAT Margin	6.70%	-33.17%	-0.53%	1.39%	8.48%	6.58%	4.49%	5.78%	-3.59%	1.40%
Net Nonoperating Expense Percent (NNEP)	-3.33%	-15.84%	-0.93%	-0.27%	-0.29%	-0.48%	-0.68%	-0.67%	-2.99%	-4.97%
Return On Investment Capital (ROIC_SIMPLE)	48.31%	-	-	-	31.03%	-	-	-	164.14%	-
Cost of Revenue to Revenue	36.34%	39.30%	40.90%	40.20%	38.99%	37.33%	36.97%	37.29%	35.50%	38.53%
SG&A Expenses to Revenue	16.90%	16.63%	20.49%	19.98%	17.06%	19.09%	18.32%	19.85%	28.46%	24.13%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	50.64%	108.08%	59.85%	56.65%	50.71%	52.21%	53.35%	52.59%	69.63%	59.48%
Earnings before Interest and Taxes (EBIT)	15	-50	0.72	4.33	13	12	11	11	-2.89	0.71
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	17	-48	2.88	6.56	15	14	13	13	-0.62	2.96
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.57	0.39	0.65	0.67	0.68	0.46	1.01	0.88	0.82	1.02
Price to Earnings (P/E)	0.00	0.00	17.01	13.41	11.22	17.14	100.69	5,081.68	0.00	4.38
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	5.88%	7.46%	8.92%	5.83%	0.99%	0.02%	0.00%	22.83%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	0.56	0.28	0.50	0.53	0.55	0.32	0.85	0.73	0.69	0.88
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	5.55	4.77	4.30	3.52	12.74	13.88	16.48	11.42
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	7.16	5.79	5.06	4.47	18.25	23.17	34.87	16.19
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	12.65	10.00	8.56	11.72	69.91	2,746.54	0.00	3.32
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	26.63	15.47	18.99	11.83	0.00	0.00	8.07	6.33
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	29.34	6.19
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	-1.23	-0.93	-1.99	-1.89	-1.78	-1.35	-1.18	-1.05	-0.97	-1.00
Long-Term Debt to Equity	-1.18	-0.89	-1.90	-1.73	-1.63	-1.24	-1.08	-0.98	-0.91	-0.95
Financial Leverage	0.55	0.82	1.33	1.15	0.95	0.87	1.10	0.93	0.58	0.31
Leverage Ratio	-7.00	-5.23	-7.52	-6.76	-6.73	-5.20	-5.46	-5.13	-4.97	-2.51
Compound Leverage Factor	-6.10	-5.39	8.03	-4.66	-6.00	-4.60	-4.75	-4.52	-7.19	1.64
Debt to Total Capital	538.55%	-1,241.73%	201.16%	212.13%	228.89%	386.25%	666.04%	1,951.08%	-3,145.16%	25,478.79%
Short-Term Debt to Total Capital	19.53%	-54.05%	8.66%	18.26%	19.29%	31.90%	53.92%	141.21%	-201.39%	1,423.23%
Long-Term Debt to Total Capital	519.02%	-1,187.68%	192.50%	193.87%	209.59%	354.35%	612.12%	1,809.87%	-2,943.78%	24,055.56%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	-438.55%	1,341.73%	-101.16%	-112.13%	-128.89%	-286.25%	-566.04%	-1,851.08%	3,245.16%	-25,378.79%
Debt to EBITDA	-3.98	-3.01	1.86	1.42	1.27	1.81	2.60	3.37	4.38	2.44
Net Debt to EBITDA	0.18	2.07	-1.62	-1.26	-1.01	-1.44	-2.42	-2.80	-3.21	-1.76
Long-Term Debt to EBITDA	-3.84	-2.87	1.78	1.30	1.17	1.66	2.39	3.13	4.10	2.31
Debt to NOPAT	-3.79	-2.86	4.23	2.98	2.54	6.04	14.27	666.83	-14.19	0.71
Net Debt to NOPAT	0.18	1.97	-3.70	-2.63	-2.01	-4.81	-13.30	-554.65	10.39	-0.51
Long-Term Debt to NOPAT	-3.65	-2.74	4.05	2.72	2.32	5.54	13.11	618.57	-13.28	0.67
Altman Z-Score	0.50	-0.33	0.69	0.77	0.74	0.61	0.79	0.67	0.42	0.65
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.79	0.71	0.87	0.85	0.86	0.80	0.80	0.79	0.80	0.79
Quick Ratio	0.68	0.58	0.73	0.71	0.73	0.66	0.69	0.68	0.69	0.65
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-14	-19	-32	-33	-27	-13	-26	-16	11	-48
Operating Cash Flow to CapEx	-5,541.18%	-2,763.28%	730.96%	946.08%	-32.21%	-521.87%	1,229.46%	839.94%	-156.61%	-1,688.89%
Free Cash Flow to Firm to Interest Expense	-7.35	-12.12	-21.41	-24.65	-19.80	-9.01	-18.50	-11.68	8.46	-41.23
Operating Cash Flow to Interest Expense	-19.79	-11.74	4.22	8.27	-0.83	-5.76	9.45	6.45	-1.43	-20.58
Operating Cash Flow Less CapEx to Interest Expense	-20.15	-12.16	3.64	7.39	-3.40	-6.86	8.68	5.69	-2.35	-21.80
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.12	1.26	1.16	1.20	1.10	1.28	1.12	1.10	1.05	1.36
Accounts Receivable Turnover	3.43	6.66	4.99	5.15	3.66	7.11	4.89	4.62	3.26	5.91
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Accounts Payable Turnover	29.76	31.77	36.90	34.72	23.15	21.80	29.98	32.27	22.17	17.11
Days Sales Outstanding (DSO)	106.50	54.83	73.11	70.90	99.61	51.34	74.59	78.99	112.06	61.76
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	12.26	11.49	9.89	10.51	15.76	16.75	12.17	11.31	16.46	21.33
Cash Conversion Cycle (CCC)	94.24	43.34	63.22	60.38	83.85	34.60	62.41	67.68	95.59	40.44
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	-73	-126	-99	-97	-95	-110	-130	-132	-132	-130
Invested Capital Turnover	-5.09	-3.62	-3.75	-3.79	-3.80	-3.57	-2.91	-2.93	-3.29	-2.59
Increase / (Decrease) in Invested Capital	22	-16	31	35	37	20	30	22	-15	50
Enterprise Value (EV)	239	119	215	231	237	139	358	304	282	354
Market Capitalization	243	168	278	291	292	196	426	366	336	408
Book Value per Share	($0.76)	($0.85)	($0.40)	($0.40)	($0.44)	($0.60)	($0.70)	($0.79)	($0.87)	($0.86)
Tangible Book Value per Share	($0.76)	($0.85)	($0.40)	($0.40)	($0.44)	($0.60)	($0.70)	($0.79)	($0.87)	($0.86)
Total Capital	16	-5.72	36	32	31	19	11	3.79	-2.38	0.30
Total Debt	85	71	72	69	70	72	73	74	75	76
Total Long-Term Debt	82	68	69	63	64	66	67	69	70	71
Net Debt	-3.94	-49	-63	-61	-56	-57	-68	-61	-55	-54
Capital Expenditures (CapEx)	0.68	0.67	0.86	1.17	3.56	1.56	1.07	1.03	1.19	1.42
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-154	-211	-172	-168	-168	-179	-199	-198	-196	-188
Debt-free Net Working Capital (DFNWC)	-65	-91	-37	-39	-42	-51	-58	-62	-67	-57
Net Working Capital (NWC)	-68	-94	-40	-44	-48	-57	-64	-68	-71	-62
Net Nonoperating Expense (NNE)	0.99	8.38	0.61	0.17	0.16	0.27	0.51	0.46	1.37	1.83
Net Nonoperating Obligations (NNO)	-3.94	-49	-63	-61	-56	-57	-68	-61	-55	-54
Total Depreciation and Amortization (D&A)	2.32	2.22	2.16	2.23	2.21	2.11	1.97	2.00	2.27	2.25
Debt-free, Cash-free Net Working Capital to Revenue	-36.02%	-49.35%	-40.02%	-38.82%	-38.82%	-41.91%	-47.20%	-47.42%	-47.86%	-46.84%
Debt-free Net Working Capital to Revenue	-15.21%	-21.24%	-8.67%	-8.91%	-9.69%	-11.87%	-13.80%	-14.97%	-16.24%	-14.33%
Net Working Capital to Revenue	-15.93%	-21.97%	-9.39%	-10.27%	-11.07%	-13.25%	-15.20%	-16.26%	-17.41%	-15.39%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.07	($0.47)	($0.01)	$0.01	$0.10	$0.08	$0.05	$0.06	($0.07)	$0.00
Adjusted Weighted Average Basic Shares Outstanding	90.50M	90.78M	90.50M	89.75M	89.07M	89.23M	88.90M	88.69M	87.67M	87.97M
Adjusted Diluted Earnings per Share	$0.07	($0.47)	($0.01)	$0.01	$0.10	$0.08	$0.05	$0.06	($0.06)	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	90.50M	90.78M	90.50M	90.56M	89.54M	89.36M	89.27M	89.06M	87.67M	87.97M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	91.30M	90.92M	90.70M	90.41M	89.88M	89.39M	89.09M	88.91M	88.81M	88.28M
Normalized Net Operating Profit after Tax (NOPAT)	8.21	7.24	1.70	2.35	9.51	7.07	7.21	6.14	-2.14	1.42
Normalized NOPAT Margin	7.19%	6.92%	1.65%	2.21%	8.48%	6.58%	6.77%	5.82%	-1.97%	1.40%
Pre Tax Income Margin	11.34%	-49.50%	-0.74%	2.80%	10.13%	10.07%	8.63%	9.36%	-3.86%	-0.45%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	7.80	-31.86	0.48	3.23	9.21	8.65	7.62	8.37	-2.23	0.61
NOPAT to Interest Expense	4.02	-22.01	-0.37	1.11	6.88	5.00	3.45	4.56	-3.01	1.22
EBIT Less CapEx to Interest Expense	7.44	-32.28	-0.09	2.35	6.64	7.55	6.86	7.61	-3.14	-0.61
NOPAT Less CapEx to Interest Expense	3.66	-22.44	-0.94	0.23	4.30	3.90	2.68	3.79	-3.92	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	3.89%	8.87%	47.42%	0.00%	-192.22%	6.54%

Frequently Asked Questions About Rimini Street's Financials

When does Rimini Street's financial year end?

According to the most recent income statement we have on file, Rimini Street's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Rimini Street's net income changed over the last 2 years?

Rimini Street's net income appears to be on an upward trend, with a most recent value of -$36.27 million in 2024, rising from -$2.48 million in 2022. The previous period was $26.06 million in 2023. Find out what analysts predict for Rimini Street in the coming months.

What is Rimini Street's operating income?

Rimini Street's total operating income in 2024 was -$32.13 million, based on the following breakdown:

Total Gross Profit: $261.02 million
Total Operating Expenses: $293.15 million

How has Rimini Street revenue changed over the last 2 years?

Over the last 2 years, Rimini Street's total revenue changed from $409.66 million in 2022 to $428.75 million in 2024, a change of 4.7%.

How much debt does Rimini Street have?

Rimini Street's total liabilities were at $438.51 million at the end of 2024, a 1.2% increase from 2023, and a 6.3% decrease since 2022.

How much cash does Rimini Street have?

In the past 2 years, Rimini Street's cash and equivalents has ranged from $88.79 million in 2024 to $115.42 million in 2023, and is currently $88.79 million as of their latest financial filing in 2024.

How has Rimini Street's book value per share changed over the last 2 years?

Over the last 2 years, Rimini Street's book value per share changed from -0.87 in 2022 to -0.76 in 2024, a change of -12.6%.

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This page (NASDAQ:RMNI) was last updated on 6/1/2025 by MarketBeat.com Staff

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Rimini Street (RMNI) Financials

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