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Rimini Street, Inc. provides enterprise software support, managed services, and Agentic AI ERP solutions. The company engages in the provision of support services for Oracle and SAP enterprise software products. It also provides Rimini Agentic UX, an AI-driven orchestration, automation, and user experience (UX) design to deliver a unified and composable interface for enterprise workflows; Rimini Support, a mission-critical support for Oracle, SAP and VMware applications, proprietary and open-source database, and technology software; Rimini Manage, a suite of managed services for application and database software; and Rimini Protect, a suite of personalized software security services and solutions. The company also offers Rimini Connect, a suite of managed interoperability solutions for browsers, operating systems, and email systems; 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 founded in 2005 and is headquartered in Las Vegas, Nevada.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $422M | $71M | $37M | $56M | -137.3% | -1.7% | - |
| 2024 | $429M | $-22M | $-36M | $-42M | 52.2% | -0.6% | -239.2% |
| 2023 | $431M | $54M | $26M | $5M | -66.0% | 5.3% | - |
| 2022 | $410M | $16M | $-2M | $31M | 3.2% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 409.66 | 431.50 | 428.75 | 421.54 |
| Cost Of Revenue | 152.38 | 162.51 | 167.73 | 166.94 |
| Gross Profit | 257.28 | 268.98 | 261.02 | 254.60 |
| Operating Expense | 218.38 | 215.38 | 222.82 | 221.57 |
| Operating Income | 38.89 | 53.60 | 38.20 | 33.03 |
| EBITDA | 16.11 | 54.06 | -22.18 | 70.70 |
| EBIT | 8.08 | 46.75 | -30.34 | 61.78 |
| Pretax Income | 3.81 | 41.23 | -36.64 | 55.63 |
| Tax Provision | 6.29 | 15.17 | -0.37 | 18.53 |
| Net Income | -2.48 | 26.06 | -36.27 | 37.10 |
| Net Income Common Stockholders | -2.48 | 26.06 | -36.27 | 37.10 |
| Total Expenses | 370.77 | 377.90 | 390.55 | 388.50 |
| Interest Expense | 4.27 | 5.52 | 6.30 | 6.15 |
| Interest Income | 0.23 | 3.70 | 3.59 | 4.75 |
| Selling General And Administration | 218.38 | 215.38 | 222.82 | 221.57 |
| Normalized EBITDA | 46.90 | 64.23 | 49.38 | 46.33 |
| Normalized Income | 21.84 | 32.48 | 34.55 | 20.84 |
| Basic EPS | -0.03 | 0.29 | -0.40 | 0.40 |
| Diluted EPS | -0.03 | 0.29 | -0.40 | 0.39 |
| Tax Effect Of Unusual Items | -6.47 | -3.74 | -0.72 | 8.12 |
| Tax Rate For Calcs | 0.21 | 0.37 | 0.01 | 0.33 |
| Total Unusual Items | -30.79 | -10.16 | -71.55 | 24.37 |
| Total Unusual Items Excluding Goodwill | -30.79 | -10.16 | -71.55 | 24.37 |
| Net Income From Continuing Operation Net Minority Interest | -2.48 | 26.06 | -36.27 | 37.10 |
| Reconciled Depreciation | 8.03 | 7.31 | 8.16 | 8.92 |
| Reconciled Cost Of Revenue | 152.38 | 162.51 | 167.73 | 166.94 |
| Net Interest Income | -4.04 | -1.82 | -2.71 | -1.40 |
| Net Income From Continuing And Discontinued Operation | -2.48 | 26.06 | -36.27 | 37.10 |
| Total Operating Income As Reported | 8.09 | 43.77 | -32.13 | 59.91 |
| Diluted Average Shares | 87.67 | 89.54 | 90.50 | 94.49 |
| Basic Average Shares | 87.67 | 89.07 | 90.50 | 91.74 |
| Diluted NI Availto Com Stockholders | -2.48 | 26.06 | -36.27 | 37.10 |
| Otherunder Preferred Stock Dividend | 0 | 0 | 0 | 0 |
| Preferred Stock Dividends | 0 | 0 | 0 | 0 |
| Net Income Including Noncontrolling Interests | -2.48 | 26.06 | -36.27 | 37.10 |
| Net Income Continuous Operations | -2.48 | 26.06 | -36.27 | 37.10 |
| Other Income Expense | -31.04 | -10.55 | -72.13 | 23.99 |
| Other Non Operating Income Expenses | -0.25 | -0.38 | -0.58 | -0.38 |
| Special Income Charges | -30.80 | -9.84 | -70.33 | 26.87 |
| Other Special Charges | 25.27 | 9.78 | 64.59 | -31.36 |
| Impairment Of Capital Assets | 3.01 | 0 | 0 | 0 |
| Restructuring And Mergern Acquisition | 2.52 | 0.06 | 5.74 | 4.49 |
| Gain On Sale Of Security | 0.01 | -0.33 | -1.22 | -2.50 |
| Net Non Operating Interest Income Expense | -4.04 | -1.82 | -2.71 | -1.40 |
| Interest Expense Non Operating | 4.27 | 5.52 | 6.30 | 6.15 |
| Interest Income Non Operating | 0.23 | 3.70 | 3.59 | 4.75 |
| Selling And Marketing Expense | 143.02 | 142.34 | 149.74 | 151.57 |
| General And Administrative Expense | 75.37 | 73.04 | 73.08 | 70 |
| Other Gand A | 75.37 | 73.04 | 73.08 | 70 |
| Operating Revenue | 409.66 | 431.50 | 428.75 | 421.54 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Rimini Street, Inc.this co. | RMNI | $311M | 8.69↓ discount | -11.49 | -137.3% | 7.61 |
| BK Technologies Corporation | BKTI | $339M | 26.31 | 7.56 | 30.3% | 18.09 |
| Telos Corporation | TLS | $338M | - | 3.32 | -38.1% | -13.40 |
| Repay Holdings Corporation | RPAY | $330M | - | 0.64 | -53.3% | 9.32 |
| The Hackett Group, Inc. | HCKT | $330M | 28.41 |
| 4.82 |
| 19.0% |
| 12.31 |
| 3D Systems Corporation | DDD | $315M | 11.37 | 1.31 | 12.3% | -5.75 |
| Xperi Inc. | XPER | $310M | - | 0.75 | -13.6% | 25.40 |
| CS Disco, Inc. | LAW | $285M | - | 2.22 | -34.6% | -4.74 |
| Atomera Incorporated | ATOM | $281M | - | 12.76 | -109.8% | -13.04 |
| Peer Median | - | 26.31 | 2.77 | -24.1% | 2.29 | |