Rimini Street Inc
General ticker "RMNI" information:
- Sector: Information Technology
- Industry: Software
- Capitalization: $200.9M
Rimini Street Inc does not follow the US Stock Market performance with the rate: -29.8%.
Estimated limits based on current volatility of 8.2%: low 2.42$, high 2.85$
Factors to consider:
- US accounted for 51.0% of revenue in the fiscal year ended 2023-12-31
- Earnings for 9 months up through Q3 exceed 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 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [2.22$, 5.00$]
- 2024-12-30 to 2025-12-30 estimated range: [2.80$, 5.99$]
Financial Metrics affecting the RMNI estimates:
- Positive: 0.10 < Non-GAAP EPS, $ of 0.54
- Positive: Inventory ratio change, % of -0.15 <= 0
- Positive: Interest expense per share, $ of 0.06 <= 0.14
- Positive: 2.35 < Operating cash flow per share per price, % of 4.37
- Negative: Industry operating cash flow per share per price (median), % of 1.79 <= 3.85
Short-term RMNI quotes
Long-term RMNI plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $374.43MM | $409.66MM | $431.50MM |
| Operating Expenses | $347.66MM | $378.82MM | $377.90MM |
| Operating Income | $26.77MM | $30.84MM | $53.60MM |
| Non-Operating Income | $-7.34MM | $-27.04MM | $-12.37MM |
| Interest Expense | $1.55MM | $4.27MM | $5.52MM |
| Income(Loss) | $19.43MM | $3.81MM | $41.23MM |
| Taxes | $-55.78MM | $6.29MM | $15.17MM |
| Profit(Loss) | $75.22MM | $-2.48MM | $26.06MM |
| Stockholders Equity | $-80.39MM | $-77.17MM | $-39.50MM |
| Inventory | $15.40MM | $17.64MM | $0.00MM |
| Assets | $391.26MM | $391.04MM | $393.80MM |
| Operating Cash Flow | $66.94MM | $34.90MM | $12.47MM |
| Capital expenditure | $2.11MM | $4.33MM | $7.21MM |
| Investing Cash Flow | $-2.11MM | $-24.45MM | $3.08MM |
| Financing Cash Flow | $-26.57MM | $-13.57MM | $-6.89MM |
| Earnings Per Share* | $0.89 | $-0.03 | $0.29 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.