Rimini Street Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	37.1	-36.27	26.06	-2.48	75.22
Depreciation & Amortization	8.92	8.16	7.31	8.03	8.54
Other Amortization	0.66	0.77	0.97	0.97	0.44
Asset Writedown & Restructuring Costs	-	-	-	3.01	1.65
Stock-Based Compensation	11.07	9.55	12.52	10.9	9.71
Other Operating Activities	11.21	-9.83	6.69	-2.06	-58.14
Change in Accounts Receivable	-4.52	-15.22	-2.98	18.92	-18.79
Change in Accounts Payable	0.44	-0.61	-1.96	2.4	2.49
Change in Unearned Revenue	4.68	2.2	-11.36	3.2	47.34
Change in Other Net Operating Assets	-9.34	2.41	-24.79	-7.98	-1.53
Operating Cash Flow	60.22	-38.85	12.47	34.9	66.95
Operating Cash Flow Growth	-	-	-64.28%	-47.87%	59.00%
Capital Expenditures	-4.57	-3.38	-7.21	-4.33	-2.11
Investment in Securities	-	9.83	10.29	-20.11	-
Investing Cash Flow	-4.57	6.45	3.08	-24.45	-2.11
Long-Term Debt Issued	-	17.94	-	-	89.31
Long-Term Debt Repaid	-19.07	-3.92	-5.96	-9.81	-2.68
Net Debt Issued (Repaid)	-19.07	14.02	-5.96	-9.81	86.64
Issuance of Common Stock	0.06	-	0.08	1.01	62.83
Repurchase of Common Stock	-7.59	-	-1.01	-4.74	-1.12
Preferred Dividends Paid	-	-	-	-	-12.68
Dividends Paid	-	-	-	-	-12.68
Other Financing Activities	-	-	-	-0.03	-5.48
Financing Cash Flow	-26.6	14.02	-6.89	-13.57	-26.57
Foreign Exchange Rate Adjustments	2.83	-8.25	-2.23	-7.44	-6.19
Net Cash Flow	31.88	-26.63	6.42	-10.56	32.08
Free Cash Flow	55.65	-42.23	5.26	30.57	64.84
Free Cash Flow Growth	-	-	-82.81%	-52.86%	59.62%
Free Cash Flow Margin	13.20%	-9.85%	1.22%	7.46%	17.32%
Free Cash Flow Per Share	0.59	-0.47	0.06	0.35	0.73
Cash Interest Paid	5.52	5.5	4.53	3.25	1.1
Cash Income Tax Paid	4.01	3.37	4.93	2.79	2.89
Levered Free Cash Flow	42.29	22.82	14.94	74.2	52.72
Unlevered Free Cash Flow	45.48	26	17.42	75.9	53.25
Change in Working Capital	-8.74	-11.22	-41.09	16.52	29.52

Source: S&P Global Market Intelligence. Standard template. Financial Sources.