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Company price
4.9 USD 0.02 ( 0.41%)
Last update at 2026-11-03T21:00:00Z
VOLUME
506303
Market Cap
239.59M
P/E
11.04

Momentum Score

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Rimini Street, Inc. provides enterprise software products, services, and support. The company engages in the provision of support services for Oracle and SAP enterprise software products. It also provides Rimini ONE, an outsourcing option that offers a set of unified and integrated services to run, manage, support, customize, configure, connect, protect, monitor, and optimize its clients' application, database, and technology enterprise software; Rimini Support, a mission-critical support for Oracle, SAP, proprietary and open-source database, and technology software; Rimini Manage, a suite of managed services for application and database software; Rimini Protect, a suite of personalized software security services and solutions; and Rimini Connect, a suite of managed interoperability solutions for browsers, operating systems, and email systems. In addition, the company offers Rimini Watch, a suite of observability solutions that include monitoring and system health check solutions; Rimini Consult, a suite of professional services for clients' enterprise software customization, configuration, implementation, integration, interoperability, migration, staff augmentation, and other project needs; and Rimini Custom, a program that expands support and related services to a broader portfolio of enterprise software. The company serves Fortune 500 companies and Fortune Global 100 companies across various industries. It sells its solutions primarily through direct sales organizations in North America, Latin America, Europe, Africa, the Middle East, Asia, and the Asia-Pacific. The company was incorporated in 2005 and is headquartered in Las Vegas, Nevada.

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Day Price Range
4.55
Low
5.07
High
52 Week Price Range
2.00
Low
5.32
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Rimini Street provides third-party enterprise software support and related services for Oracle and SAP products, offering subscription alternatives to vendor maintenance. Long-term growth may be driven by enterprises seeking lower support costs, expansion of managed services, and recurring subscription revenue that could support margin improvement.

Key investment risks include legal and contractual exposure from large vendors, competition from incumbent software suppliers and cloud providers, and execution challenges in retaining customers and growing internationally.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
4.88
Dividend Yield
-
Revenue TTM
432.73M
Revenue Per Share
4.84
Gross Profit TTM
257.28M
Debt / Equity
-2.08
ROE
-
Net Debt
-33.87M
ROCE
43.07%
Diluted EPS TTM
0.24

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 3.81M 19.43M 17.55M 20.24M -65.97M
Net income -2.48M 75.22M 12.98M 17.53M -67.97M
Selling general administrative 75.37M 64.17M 52.22M 47.36M 36.98M
Selling and marketing expenses 143.02M 128.50M 114.74M 107.28M 93.22M
Gross profit 257.28M 237.97M 200.57M 175.95M 156.81M
Reconciled depreciation 8.03M 8.54M 8.01M 1.91M 1.84M
Ebit 30.84M 26.77M 25.34M 22.14M 26.61M
Ebitda 38.88M 43.69M 33.35M 19.81M -33.78M
Depreciation and amortization 8.03M 16.92M 8.01M -2.33M -60.40M
Non operating income net other -0.01M -5.79M -0.26M -1.50M -58.80M
Operating income 30.84M 26.77M 25.34M 22.14M 26.61M
Other operating expenses 370.77M 329.13M 293.17M 259.75M 226.18M
Interest expense 4.27M 1.55M 0.08M 0.40M 32.53M
Tax provision 6.29M -55.78M 4.57M 2.71M 1.99M
Interest income 0.23M 0.06M 0.02M 0.26M 0.25M
Net interest income -4.04M -1.50M -0.05M -0.14M -90.61M
Non recurring 2.52M 7.53M 14.55M -8.00M 1.26M
Income tax expense 6.29M -55.78M 4.57M 2.71M 1.99M
Total revenue 409.66M 374.43M 326.78M 281.05M 252.79M
Total operating expenses 218.38M 192.67M 166.96M 154.64M 130.20M
Cost of revenue 152.38M 136.46M 126.21M 105.11M 95.98M
Total other income expense net -27.04M -7.34M -7.79M -1.89M -92.58M
Net income from continuing ops -2.48M 75.22M 12.98M 17.53M -67.97M
Net income applicable to common shares -2.48M 45.20M -13.83M -7.91M -78.61M
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 408.05M 391.04M 391.26M 279.94M 201.22M
Other current assets 22.42M 18.85M 16.34M 13.46M 15.21M
Total liab 447.55M 468.21M 471.65M 480.87M 423.81M
Total stockholder equity -39.50M -77.17M -80.39M -200.94M -222.59M
Deferred long term liab - 23.51M 21.52M 21.03M 16.30M
Other current liab 56.73M 70.14M 62.68M 59.18M 51.04M
Common stock 0.01M 0.01M 0.01M 0.01M 0.01M
Capital stock 0.01M 0.01M 0.01M 0.01M 0.01M
Retained earnings -202.21M -228.27M -225.79M -301.68M -314.65M
Other liab - 35.41M 49.98M 29.18M 31.85M
Other assets - 96.08M 87.34M 41.90M 20.63M
Cash 115.85M 109.01M 119.57M 87.58M 37.95M
Total current liabilities 336.43M 353.03M 329.50M 295.33M 259.34M
Current deferred revenue 263.12M 265.84M 253.22M 228.97M 205.77M
Net debt -33.87M -20.90M -19.51M -67.64M -37.73M
Short term debt 10.59M 9.01M 7.89M 3.94M 0.22M
Short long term debt 5.91M 4.79M 3.66M - -
Short long term debt total 81.98M 88.11M 100.06M 19.93M 0.22M
Other stockholder equity -226.92M -235.76M -243.14M -36.81M -37.83M
Property plant equipment - 13.26M 17.16M 4.82M 3.67M
Total current assets 270.75M 281.71M 286.76M 233.22M 176.92M
Net tangible assets - -77.17M -80.39M -63.08M -91.28M
Short term investments 9.83M 20.11M - - -
Net receivables 122.66M 116.09M 135.45M 117.94M 111.57M
Long term debt 64.23M 70.00M 79.66M - -
Inventory - 17.64M 15.40M 14.25M 12.19M
Accounts payable 6.00M 8.04M 5.71M 3.24M 2.30M
Accumulated other comprehensive income -4.17M -4.20M -2.72M -0.32M -1.43M
Common stock total equity - 0.01M 0.01M 0.01M 0.01M
Retained earnings total equity - -228.27M -225.79M -301.68M -314.65M
Treasury stock - -1.12M -1.12M - -
Non currrent assets other 46.71M 30.57M 23.31M 22.50M 19.38M
Non current assets total 137.29M 109.33M 104.50M 46.72M 24.30M
Capital lease obligations 11.52M 13.65M 17.05M 20.36M 0.22M
Long term debt total - 70.00M 79.66M - 0.15M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -20.11M -2.11M -1.48M -1.87M -1.05M
Change to liabilities 5.25M 5.98M 2.50M -2.25M 30.29M
Total cashflows from investing activities -24.45M -2.11M -1.48M -1.87M -1.05M
Net borrowings -9.50M 82.88M 1.64M -3.44M -152.26M
Total cash from financing activities -13.57M -26.57M 6.38M -5.74M -34.77M
Change to operating activities -7.98M -1.53M -2.14M -1.95M -12.74M
Net income -2.48M 75.22M 12.98M 17.53M -67.97M
Change in cash -10.56M 32.08M 49.52M 13.18M -14.82M
Begin period cash flow 119.99M 87.91M 38.39M 25.21M 40.03M
End period cash flow 109.43M 119.99M 87.91M 38.39M 25.21M
Total cash from operating activities 34.90M 66.94M 42.10M 20.39M 22.38M
Issuance of capital stock 0.00M 56.97M 25.66M 9.11M 133.00M
Depreciation 8.03M 8.54M 8.01M 1.91M 1.84M
Dividends paid 0.00M 12.68M 15.78M 14.74M 2.85M
Change to inventory - -3.46M 3.19M -9.24M -
Change to account receivables 18.92M -18.79M -8.55M -31.22M -18.04M
Sale purchase of stock -4.74M -157.87M -4.50M -9.11M -2.85M
Other cashflows from financing activities 1.01M 89.70M 1.25M 11.99M 127.72M
Change to netincome 11.85M -46.78M 8.16M 5.33M 5.15M
Capital expenditures 4.33M 2.11M 1.48M 1.87M 1.05M
Change receivables 18.92M -18.79M -8.55M -31.22M -18.04M
Cash flows other operating -1.13M 48.90M 25.20M 29.08M 3.24M
Cash and cash equivalents changes -3.12M 38.27M 46.99M 12.78M -13.45M
Change in working capital 16.52M 29.52M 12.96M -4.57M 5.08M
Stock based compensation 10.89M 9.71M 7.46M 5.53M 4.39M
Other non cash items 4.00M 6.27M 1.21M 0.32M 79.27M
Free cash flow 30.57M 64.84M 40.62M 18.51M 21.33M

Peer Comparison*

Sector: Technology Industry: Software - Application

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
RMNI
Rimini Street Inc
0.02
0.41%
4.90 11.04 7.00 0.60 - 0.50 3.97
SAP
SAP SE ADR
-3.31
1.42%
230.31 28.16 22.42 6.52 4.85 5.60 16.61
CRM
Salesforce.com Inc
-3.98
1.76%
222.20 23.41 15.55 4.79 5.56 5.55 14.88
SAPGF
SAP SE
-3.03
1.29%
232.00 76.28 22.88 5.61 3.84 5.59 26.18
SHOP
Shopify Inc
-13.65
8.74%
142.57 90.18 53.19 12.70 13.17 12.23 67.86

Profile*

Rimini Street Inc

Rimini Street, Inc. provides enterprise software products, services, and support. The company engages in the provision of support services for Oracle and SAP enterprise software products. It also provides Rimini ONE, an outsourcing option that offers a set of unified and integrated services to run, manage, support, customize, configure, connect, protect, monitor, and optimize its clients' application, database, and technology enterprise software; Rimini Support, a mission-critical support for Oracle, SAP, proprietary and open-source database, and technology software; Rimini Manage, a suite of managed services for application and database software; Rimini Protect, a suite of personalized software security services and solutions; and Rimini Connect, a suite of managed interoperability solutions for browsers, operating systems, and email systems. In addition, the company offers Rimini Watch, a suite of observability solutions that include monitoring and system health check solutions; Rimini Consult, a suite of professional services for clients' enterprise software customization, configuration, implementation, integration, interoperability, migration, staff augmentation, and other project needs; and Rimini Custom, a program that expands support and related services to a broader portfolio of enterprise software. The company serves Fortune 500 companies and Fortune Global 100 companies across various industries. It sells its solutions primarily through direct sales organizations in North America, Latin America, Europe, Africa, the Middle East, Asia, and the Asia-Pacific. The company was incorporated in 2005 and is headquartered in Las Vegas, Nevada.

7251 West Lake Mead Blvd, Las Vegas, NV, United States, 89128

702 839 9671

2130

Name Title Year Born
Mr. Seth A. Ravin Founder, Chairman & CEO 1967
Mr. Michael L. Perica Exec. VP, CFO & Principal Accounting Officer NA
Mr. Sebastian Grady Pres 1965
Mr. Alex Goldvug VP of Global Operations NA
Ms. Alisa De Dominicis VP of Global Operations, Legal, Ethics & Compliance NA
Mr. Eric Helmer Sr. VP & CTO NA
Mr. Steven Salaets Chief Information Officer & Exec. VP of Global Shared Services 1978
Mr. Dean Pohl VP of Investor Relations NA
Mr. Michael Spencer GVP, Chief Counsel and Chief Ethics & Compliance Officer NA
Mr. Jeff Spicer Exec. VP & Chief Marketing Officer NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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