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Rimini Street
(NASDAQ:RMNI)
Rimini Street (RMNI) vs. SPDR S&P 500 ETF (SPY)
Rimini Street Business Overview & Revenue Model
Rimini Street Earnings Call Summary
Rimini Street Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 428.75M | 431.50M | 409.66M | 374.43M | 326.78M |
| Gross Profit | 261.02M | 268.98M | 257.28M | 237.97M | 200.57M |
| EBITDA | -22.18M | 50.42M | 10.58M | 23.39M | 18.05M |
| Net Income | -36.27M | 26.06M | -2.48M | 75.22M | 11.59M |
Balance Sheet | |||||
| Total Assets | 369.06M | 393.80M | 391.04M | 391.26M | 279.94M |
| Cash, Cash Equivalents and Short-Term Investments | 88.79M | 125.25M | 129.12M | 119.57M | 87.58M |
| Total Debt | 96.63M | 81.66M | 88.11M | 100.06M | 19.93M |
| Total Liabilities | 438.51M | 433.29M | 468.21M | 471.65M | 480.87M |
| Stockholders Equity | -69.44M | -39.50M | -77.17M | -80.39M | -200.94M |
Cash Flow | |||||
| Free Cash Flow | -42.23M | 5.25M | 30.57M | 64.84M | 40.62M |
| Operating Cash Flow | -38.85M | 12.47M | 34.90M | 66.94M | 42.10M |
| Investing Cash Flow | 6.45M | 3.08M | -24.45M | -2.11M | -1.48M |
| Financing Cash Flow | 14.02M | -6.89M | -13.57M | -26.57M | 6.38M |
Rimini Street Technical Analysis
Rimini Street Risk Analysis
Rimini Street Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | $2.25B | 21.01 | 17.50% | ― | 6.75% | 97.06% | |
75 Outperform | $997.42M | 50.49 | -47.39% | ― | 3.82% | -251.96% | |
63 Neutral | $1.29B | 189.03 | 2.81% | ― | 22.75% | -47.45% | |
63 Neutral | $34.16B | 5.47 | -11.67% | 1.85% | 5.30% | -18.30% | |
60 Neutral | $1.26B | ― | -6.49% | ― | 5.15% | 28.27% | |
59 Neutral | $463.51M | ― | 43.74% | ― | -1.51% | -255.14% | |
59 Neutral | $1.08B | ― | -6.48% | ― | 10.75% | 56.37% |
Rimini Street Corporate Events
On July 7, 2025, Rimini Street, Inc. and Oracle Corporation reached a confidential settlement agreement to resolve their ongoing legal disputes, specifically the Rimini II case. This settlement includes financial terms where Oracle will remit approximately $37.8 million back to Rimini, and both parties agree to a litigation standstill during the wind-down period of Rimini’s PeopleSoft services, which is expected to conclude by July 31, 2028. The settlement aims to provide a comprehensive resolution to the legal issues between the two companies, maintaining the existing injunctions while allowing Rimini to continue its operations under defined conditions.
The most recent analyst rating on (RMNI) stock is a Buy with a $5.00 price target. To see the full list of analyst forecasts on Rimini Street stock, see the RMNI Stock Forecast page.
On June 4, 2025, Rimini Street, Inc. conducted its 2025 Annual Meeting of Stockholders virtually, with a quorum of 83.3% of the voting power represented. Stockholders voted on three proposals: the election of Robin Murray as a Class II director, a non-binding advisory vote on executive compensation, and the ratification of KPMG LLP as the independent public accounting firm for the fiscal year ending December 31, 2025.
The most recent analyst rating on (RMNI) stock is a Hold with a $3.50 price target. To see the full list of analyst forecasts on Rimini Street stock, see the RMNI Stock Forecast page.
On May 27, 2025, Rimini Street, Inc. announced a change in the title of its Chief Operating Officer, Mr. Vijay Kumar, to Executive Vice President and Chief Operating Officer. This title change does not affect Mr. Kumar’s status as an executive officer or principal operating officer under the SEC’s regulations, maintaining his roles and responsibilities within the company.
The most recent analyst rating on (RMNI) stock is a Buy with a $5.00 price target. To see the full list of analyst forecasts on Rimini Street stock, see the RMNI Stock Forecast page.
On May 19, 2025, Rimini Street announced a restructuring of its product management function, resulting in David Rowe transitioning to the role of Executive Vice President and Chief Marketing Officer. The restructuring places the product management responsibilities under the Chief Operating Officer, Vijay Kumar, without affecting Rowe’s status as an executive officer under relevant securities laws.
The most recent analyst rating on (RMNI) stock is a Buy with a $6.50 price target. To see the full list of analyst forecasts on Rimini Street stock, see the RMNI Stock Forecast page.
Rimini Street, Inc. announced the appointment of Vijay Kumar as Chief Operating Officer, effective May 6, 2025. With over 25 years of experience in technology and leadership roles at companies like Genesys Cloud and HP Software, Kumar’s appointment is expected to enhance the company’s operational capabilities and market position. His compensation package includes a base salary, incentive compensation, and equity awards, reflecting the company’s commitment to attracting top talent.
The most recent analyst rating on (RMNI) stock is a Buy with a $5.00 price target. To see the full list of analyst forecasts on Rimini Street stock, see the RMNI Stock Forecast page.
Rimini Street announced its fiscal first quarter 2025 financial results, highlighting a gross margin of 61.0% and a net income of $3.4 million, both showing improvements from the prior year. Despite a slight revenue decline, the company reported increased billings and adjusted EBITDA, alongside strategic partnerships and client expansions, positioning it strongly in the enterprise software support industry.