Rimini Street, Inc.
General ticker "RMNI" information:
- Sector: Information Technology
- Industry: Software
- Capitalization: $326.7M (TTM average)
Rimini Street, Inc. follows the US Stock Market performance with the rate: 42.4%.
Estimated limits based on current volatility of 1.9%: low 3.85$, high 4.03$
Factors to consider:
- Total employees count: 2040 (-3.8%) as of 2024
- US accounted for 49.0% of revenue in the fiscal year ended 2024-12-31
- Top business risk factors: Litigation risks, Operational and conduct risks, History of losses and future profitability concerns, Cybersecurity threats, Consolidation in target markets
- Current price 12.4% above estimated high
- Earnings for 9 months up through Q3 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [1.69$, 3.62$]
- 2025-12-31 to 2026-12-31 estimated range: [1.74$, 3.72$]
Financial Metrics affecting the RMNI estimates:
- Positive: with PPE of 5.6 at the end of fiscal year the price was very low
- Negative: negative Operating income
- Negative: Operating cash flow per share per price, % of -16.09 <= 0.33
- Positive: Inventory ratio change, % of 0.31 <= 0.84
- Positive: Investing cash flow per share per price, % of 2.67 > -0.66
- Negative: Shareholder equity ratio, % of -18.82 <= 18.93
- Negative: negative Industry operating cash flow (median)
Short-term RMNI quotes
Long-term RMNI plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $409.66MM | $431.50MM | $428.75MM |
| Operating Expenses | $401.57MM | $377.90MM | $460.88MM |
| Operating Income | $8.09MM | $53.60MM | $-32.13MM |
| Non-Operating Income | $-4.28MM | $-12.37MM | $-4.51MM |
| Interest Expense | $4.27MM | $5.52MM | $6.30MM |
| Income(Loss) | $3.81MM | $41.23MM | $-36.64MM |
| Taxes | $6.29MM | $15.17MM | $-0.37MM |
| Profit(Loss)* | $-2.48MM | $26.06MM | $-36.27MM |
| Stockholders Equity | $-77.17MM | $-39.50MM | $-69.44MM |
| Assets | $391.04MM | $393.80MM | $369.06MM |
| Operating Cash Flow | $34.90MM | $12.47MM | $-38.85MM |
| Capital expenditure | $4.33MM | $7.21MM | $3.38MM |
| Investing Cash Flow | $-24.45MM | $3.08MM | $6.45MM |
| Financing Cash Flow | $-13.57MM | $-6.89MM | $14.02MM |
| Earnings Per Share** | $-0.03 | $0.29 | $-0.40 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.