Rimini Street, Inc. (RMNI)

Rimini Street Statistics

Total Valuation

Rimini Street has a market cap or net worth of $228.92 million. The enterprise value is $192.86 million.

Market Cap	228.92M
Enterprise Value	192.86M

Important Dates

The last earnings date was Wednesday, October 30, 2024, before market open.

Earnings Date	Oct 30, 2024
Ex-Dividend Date	n/a

Share Statistics

Rimini Street has 90.84 million shares outstanding. The number of shares has increased by 1.49% in one year.

Current Share Class	90.84M
Shares Outstanding	90.84M
Shares Change (YoY)	+1.49%
Shares Change (QoQ)	+0.31%
Owned by Insiders (%)	14.04%
Owned by Institutions (%)	34.90%
Float	41.69M

Valuation Ratios

PE Ratio	n/a
Forward PE	7.34
PS Ratio	0.53
Forward PS	0.57
PB Ratio	n/a
P/TBV Ratio	n/a
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	0.73

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	0.45
EV / EBITDA	4.72
EV / EBIT	5.16
EV / FCF	n/a

Financial Position

The company has a current ratio of 0.71

Current Ratio	0.71
Quick Ratio	0.58
Debt / Equity	n/a
Debt / EBITDA	1.82
Debt / FCF	n/a
Interest Coverage	6.47

Financial Efficiency

Return on Equity (ROE)	n/a
Return on Assets (ROA)	6.89%
Return on Capital (ROIC)	125.55%
Revenue Per Employee	$201,250
Profits Per Employee	-$15,840
Employee Count	2,120
Asset Turnover	1.26
Inventory Turnover	n/a

Taxes

Income Tax	-4.66M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -22.22% in the last 52 weeks. The beta is 1.35, so Rimini Street's price volatility has been higher than the market average.

Beta (5Y)	1.35
52-Week Price Change	-22.22%
50-Day Moving Average	1.99
200-Day Moving Average	2.38
Relative Strength Index (RSI)	64.26
Average Volume (20 Days)	502,629

Short Selling Information

The latest short interest is 1.44 million, so 1.59% of the outstanding shares have been sold short.

Short Interest	1.44M
Short Previous Month	1.71M
Short % of Shares Out	1.59%
Short % of Float	3.46%
Short Ratio (days to cover)	4.49

Income Statement

In the last 12 months, Rimini Street had revenue of $426.65 million and -$33.58 million in losses. Loss per share was -$0.38.

Revenue	426.65M
Gross Profit	256.71M
Operating Income	37.40M
Pretax Income	24.39M
Net Income	-33.58M
EBITDA	40.87M
EBIT	37.40M
Loss Per Share	-$0.38

Balance Sheet

The company has $119.49 million in cash and $83.44 million in debt, giving a net cash position of $36.06 million or $0.40 per share.

Cash & Cash Equivalents	119.49M
Total Debt	83.44M
Net Cash	36.06M
Net Cash Per Share	$0.40
Equity (Book Value)	-76.77M
Book Value Per Share	-0.85
Working Capital	-93.72M

Cash Flow

In the last 12 months, operating cash flow was -$2.32 million and capital expenditures -$6.26 million, giving a free cash flow of -$8.57 million.

Operating Cash Flow	-2.32M
Capital Expenditures	-6.26M
Free Cash Flow	-8.57M
FCF Per Share	-$0.09

Margins

Gross margin is 60.17%, with operating and profit margins of 8.77% and -7.87%.

Gross Margin	60.17%
Operating Margin	8.77%
Pretax Margin	-8.96%
Profit Margin	-7.87%
EBITDA Margin	9.58%
EBIT Margin	8.77%
FCF Margin	n/a

Dividends & Yields

Rimini Street does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-1.49%
Shareholder Yield	-1.49%
Earnings Yield	-14.67%
FCF Yield	-3.74%

Analyst Forecast

The average price target for Rimini Street is $6.00, which is 138.10% higher than the current price. The consensus rating is "Buy".

Price Target	$6.00
Price Target Difference	138.10%
Analyst Consensus	Buy
Analyst Count	2
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

Rimini Street has an Altman Z-Score of 0.62 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	0.62
Piotroski F-Score	2