Rimini Street, Inc. (RMNI)

Rimini Street Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	431.5	409.66	374.43	326.78	281.05
Revenue Growth (YoY)	5.33%	9.41%	14.58%	16.27%	10.89%
Cost of Revenue	162.51	152.39	136.46	126.21	105.11
Gross Profit	268.98	257.28	237.97	200.57	175.95
Selling, General & Admin	215.38	218.39	192.67	166.96	154.64
Other Operating Expenses	9.84	30.8	18.53	15.72	-0.83
Operating Expenses	225.22	249.19	211.19	182.69	153.81
Operating Income	43.77	8.09	26.77	17.88	22.14
Interest Expense / Income	5.52	4.27	1.55	0.08	0.4
Other Expense / Income	-2.99	0.01	35.81	28.46	23.06
Pretax Income	41.23	3.81	-10.59	-10.65	-1.32
Income Tax	15.17	6.29	-55.78	4.57	2.71
Net Income	26.06	-2.48	45.2	-15.22	-4.03
Shares Outstanding (Basic)	89	88	84	71	66
Shares Outstanding (Diluted)	90	88	89	71	66
Shares Change	2.13%	-1.46%	24.90%	7.84%	7.60%
EPS (Basic)	0.29	-0.03	0.54	-0.21	-0.06
EPS (Diluted)	0.29	-0.03	0.51	-0.21	-0.06
Free Cash Flow	5.26	30.57	64.84	40.62	18.51
Free Cash Flow Per Share	0.06	0.35	0.77	0.57	0.28
Gross Margin	62.34%	62.80%	63.55%	61.38%	62.60%
Operating Margin	10.14%	1.97%	7.15%	5.47%	7.88%
Profit Margin	6.04%	-0.61%	12.07%	-4.66%	-1.44%
Free Cash Flow Margin	1.22%	7.46%	17.32%	12.43%	6.59%
Effective Tax Rate	36.80%	165.18%	-	-	-
EBITDA	54.06	16.11	-0.49	-2.57	0.99
EBITDA Margin	12.53%	3.93%	-0.13%	-0.79%	0.35%
Depreciation & Amortization	7.31	8.03	8.54	8.01	1.91
EBIT	46.75	8.08	-9.04	-10.58	-0.92
EBIT Margin	10.84%	1.97%	-2.41%	-3.24%	-0.33%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).