Rimini Street, Inc. (RMNI)

Rimini Street Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	428.75	431.5	409.66	374.43	326.78
Revenue Growth (YoY)	-0.64%	5.33%	9.41%	14.58%	16.27%
Cost of Revenue	167.73	162.51	152.39	136.46	126.21
Gross Profit	261.02	268.98	257.28	237.97	200.57
Selling, General & Admin	222.82	215.38	218.39	192.67	166.96
Operating Expenses	222.82	215.38	218.39	192.67	166.96
Operating Income	38.2	53.6	38.89	45.3	33.61
Interest Expense	-6.31	-5.52	-4.27	-1.55	-0.08
Interest & Investment Income	-	-	0.23	0.06	0.02
Currency Exchange Gain (Loss)	-1.22	-0.33	0.01	-1.39	-0.08
Other Non Operating Income (Expenses)	-0.59	-0.38	-0.25	-4.45	-1.6
EBT Excluding Unusual Items	30.09	47.37	34.61	37.96	31.88
Merger & Restructuring Charges	-5.74	-0.06	-2.53	-	-
Gain (Loss) on Sale of Investments	3.6	3.7	-	-	-
Asset Writedown	-	-	-3.01	-1.65	-1.17
Legal Settlements	-64.59	-9.78	-25.65	-23.99	-13.49
Other Unusual Items	-	-	-	-	-1.06
Pretax Income	-36.64	41.23	3.81	19.44	16.16
Income Tax Expense	-0.37	15.17	6.29	-55.78	4.57
Net Income	-36.27	26.06	-2.48	75.22	11.59
Preferred Dividends & Other Adjustments	-	-	-	30.02	26.81
Net Income to Common	-36.27	26.06	-2.48	45.2	-15.22
Net Income Growth	-	-	-	549.22%	-45.88%
Shares Outstanding (Basic)	91	89	88	84	71
Shares Outstanding (Diluted)	91	90	88	89	71
Shares Change (YoY)	1.08%	2.13%	-1.46%	24.90%	7.84%
EPS (Basic)	-0.40	0.29	-0.03	0.54	-0.21
EPS (Diluted)	-0.40	0.29	-0.03	0.51	-0.21
Free Cash Flow	-42.23	5.26	30.57	64.84	40.62
Free Cash Flow Per Share	-0.47	0.06	0.35	0.73	0.57
Gross Margin	60.88%	62.34%	62.80%	63.55%	61.38%
Operating Margin	8.91%	12.42%	9.49%	12.10%	10.28%
Profit Margin	-8.46%	6.04%	-0.60%	12.07%	-4.66%
Free Cash Flow Margin	-9.85%	1.22%	7.46%	17.32%	12.43%
EBITDA	41.8	56.43	41.4	47.7	35.42
EBITDA Margin	9.75%	13.08%	10.11%	12.74%	10.84%
D&A For EBITDA	3.6	2.83	2.5	2.4	1.81
EBIT	38.2	53.6	38.89	45.3	33.61
EBIT Margin	8.91%	12.42%	9.49%	12.10%	10.28%
Effective Tax Rate	-	36.80%	165.18%	-	28.28%
Advertising Expenses	1.7	2.1	1.7	1.2	3.1

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q