RMNI - Rimini Street, Inc.
NASDAQ
->
Technology
->
Software—Application
Las Vegas,
United States
Type: Equity
RMNI price evolution
RMNI
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $134.63 | $129.43 | $115.85 | |
| Short term investments | $9.83 | |||
| Net receivables | $67 | $86.96 | $78.78 | $119.43 |
| Inventory | ||||
| Total current assets | $228.75 | $262.92 | $248.38 | $288.69 |
| Long term investments | ||||
| Property, plant & equipment | $17.33 | $18.14 | $15.97 | $16.44 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | $104.45 | $102.81 | $105.11 | |
| Total investments | $9.83 | |||
| Total assets | $343.84 | $367.37 | $351.19 | $393.8 |
| Current liabilities | ||||
| Accounts payable | $4.56 | $4.52 | $3.61 | $6 |
| Deferred revenue | $262.79 | $254.31 | $286.97 | |
| Short long term debt | $7.6 | $10.27 | $10.23 | |
| Total current liabilities | $322.47 | $303.24 | $292.83 | $336.43 |
| Long term debt | $67.96 | $76.26 | $68.6 | $71.07 |
| Total noncurrent liabilities | $100.25 | $94.67 | $96.86 | |
| Total debt | $83.85 | $78.87 | $81.3 | |
| Total liabilities | $420.62 | $403.49 | $387.51 | $433.29 |
| Shareholders' equity | ||||
| Retained earnings | -$245.14 | -$202.04 | -$200.89 | -$202.21 |
| Other shareholder equity | -$5.65 | -$5.92 | -$4.86 | -$4.17 |
| Total shareholder equity | -$36.12 | -$36.31 | -$39.5 | |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $115.85 | $109.43 | $119.99 | $87.91 |
| Short term investments | $9.83 | $20.11 | ||
| Net receivables | $119.43 | $118.89 | $135.45 | $117.94 |
| Inventory | ||||
| Total current assets | $288.69 | $281.71 | $286.76 | $233.22 |
| Long term investments | ||||
| Property, plant & equipment | $16.44 | $13.26 | $17.16 | $22.34 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | $105.11 | $109.33 | $104.5 | $46.72 |
| Total investments | $9.83 | $20.11 | ||
| Total assets | $393.8 | $391.04 | $391.26 | $279.94 |
| Current liabilities | ||||
| Accounts payable | $6 | $8.04 | $5.71 | $3.24 |
| Deferred revenue | $286.97 | $299.92 | $300.27 | $256.93 |
| Short long term debt | $10.23 | $9.01 | $7.89 | $3.94 |
| Total current liabilities | $336.43 | $353.03 | $329.5 | $295.33 |
| Long term debt | $71.07 | $70.68 | $92.17 | $15.99 |
| Total noncurrent liabilities | $96.86 | $115.18 | $142.15 | $47.69 |
| Total debt | $81.3 | $88.11 | $100.06 | $19.93 |
| Total liabilities | $433.29 | $468.21 | $471.65 | $343.02 |
| Shareholders' equity | ||||
| Retained earnings | -$202.21 | -$228.27 | -$225.79 | -$301.68 |
| Other shareholder equity | -$4.17 | -$4.2 | -$2.72 | -$0.32 |
| Total shareholder equity | -$39.5 | -$77.17 | -$80.39 | -$200.94 |
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $104.67 | $103.12 | $106.75 | $112.11 |
| Cost of revenue | $42.18 | $42.91 | $43.71 | |
| Gross Profit | $63.54 | $60.94 | $63.83 | $68.4 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $56.91 | $57.54 | $52.55 | |
| Total operating expenses | $52.31 | $61.72 | $60.47 | $56.85 |
| Operating income | -$0.78 | $3.36 | $11.55 | |
| Income from continuing operations | ||||
| EBIT | $0.72 | $4.33 | $12.74 | |
| Income tax expense | -$8.71 | $0.38 | $1.67 | $2 |
| Interest expense | -$2.18 | $1.48 | $1.34 | $1.38 |
| Net income | ||||
| Net income | -$43.1 | -$1.15 | $1.32 | $9.35 |
| Income (for common shares) | -$1.15 | $1.32 | $9.35 | |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $431.5 | $409.66 | $374.43 | $326.78 |
| Cost of revenue | $162.51 | $152.38 | $136.46 | $126.21 |
| Gross Profit | $268.98 | $257.28 | $237.97 | $200.57 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $215.38 | $218.38 | $192.67 | $166.96 |
| Total operating expenses | $225.22 | $249.19 | $211.19 | $182.69 |
| Operating income | $43.77 | $8.09 | $26.77 | $17.88 |
| Income from continuing operations | ||||
| EBIT | $46.75 | $8.08 | $20.98 | $17.63 |
| Income tax expense | $15.17 | $6.29 | -$55.78 | $4.57 |
| Interest expense | $5.52 | $4.27 | $1.55 | $0.08 |
| Net income | ||||
| Net income | $26.06 | -$2.48 | $75.22 | $12.98 |
| Income (for common shares) | $26.06 | -$2.48 | $75.22 | $12.98 |
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Net income | -$1.15 | $1.32 | $9.35 | |
| Operating activities | ||||
| Depreciation | $1.97 | $1.99 | $1.96 | |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $2.4 | $2.56 | $3.47 | |
| Total cash flows from operations | $6.26 | $11.09 | -$1.15 | |
| Investing activities | ||||
| Capital expenditures | -$0.86 | -$1.17 | -$3.56 | |
| Investments | $9.83 | $10.79 | ||
| Total cash flows from investing | $7.13 | -$0.86 | $8.65 | $7.24 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | ||||
| Net borrowings | $2.85 | -$1.77 | -$1.77 | |
| Total cash flows from financing | $0.05 | $2.85 | -$1.77 | -$1.77 |
| Effect of exchange rate | -$1.93 | -$3.06 | -$4.39 | $2.88 |
| Change in cash and equivalents | $4.07 | $5.19 | $13.58 | $7.19 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $26.06 | -$2.48 | $75.22 | $12.98 |
| Operating activities | ||||
| Depreciation | $7.31 | $8.03 | $8.54 | $8.01 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $12.52 | $10.89 | $9.71 | $7.46 |
| Total cash flows from operations | $12.47 | $34.9 | $66.94 | $42.1 |
| Investing activities | ||||
| Capital expenditures | -$7.21 | -$4.33 | -$2.11 | -$1.48 |
| Investments | $10.29 | -$20.11 | ||
| Total cash flows from investing | $3.08 | -$24.45 | -$2.11 | -$1.48 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | -$0.94 | -$3.75 | $60.42 | $26.91 |
| Net borrowings | -$5.96 | -$9.81 | $82.45 | -$0.26 |
| Total cash flows from financing | -$6.89 | -$13.57 | -$26.57 | $6.38 |
| Effect of exchange rate | -$2.23 | -$7.44 | -$6.19 | $2.53 |
| Change in cash and equivalents | $6.42 | -$10.56 | $32.08 | $49.52 |
News
Fundamentals
| Market cap | $309.77M |
|---|---|
| Enterprise value | N/A |
| Shares outstanding | 90.84M |
| Revenue | $426.65M |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | -$33.58M |
| Revenue Q/Q | -2.59% |
| Revenue Y/Y | -0.32% |
| P/E ratio | -9.22 |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | 0.73 |
| P/B ratio | N/A |
| Book/Share | N/A |
| Cash/Share | N/A |
| EPS | -$0.37 |
|---|---|
| ROA | -9.22% |
| ROE | N/A |
| Debt/Equity | -10.97 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | 0.71 |
| Quick ratio | N/A |