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RMNIRimini Street Inc

NASDAQ · Technology · Software - Application

$5.20

-$0.41 (-7.31%)

Rimini Street Inc (RMNI) is a software - application company listed on NASDAQ. It is led by Seth A. Ravin, based in 1700 S. Pavilion Center Drive, Las Vegas, NV, United States, 89135, with about 1,950 employees. 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.

Net income was $2.8M. RMNI currently screens at market cap $385.5M and trailing P/E 11.6.

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About Rimini Street Inc

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.

RMNI Key Statistics

Market Cap

$385.51M

Volume

298,594

Previous Close

$5.21

Day Range

$5.14$5.23

P/E Ratio

11.57

P/B Ratio

3.42

EPS

-$0.40

Revenue

$0.00

Net Income

-$36.27M

Gross Profit

$0.00

Free Cash Flow

$0.00

Revenue Growth

-100.0%

Employees

1,950

RMNI Financials

Annual income statement in USD. Latest reported periods first.

RMNI annual income statement across FY2024, FY2023, FY2022, FY2021
LineFY2024FY2023FY2022FY2021
Revenue$0.00$431.50M$409.66M$374.43M
Cost of Revenue$0.00$0.00$0.00$0.00
Gross Profit$0.00$0.00$0.00$0.00
Operating Income$0.00$0.00$0.00$0.00
Net Income-$36.27M$26.06M-$2.48M$75.22M
EPS (Diluted)-$0.40$0.29-$0.03$0.51

Total Assets

$369.06M

Total Debt

$0.00

Shareholders' Equity

$0.00

Cash & Equivalents

$88.79M

Operating Cash Flow

-$38.85M

Free Cash Flow

$0.00

Rimini Street Inc Company Information

Founder, Chairman, CEO & President
Seth A. Ravin
Headquarters
1700 S. Pavilion Center Drive, Las Vegas, NV, United States, 89135
Phone
702 839 9671
IPO / Founded
2015-08-28
Industry
Software - Application
Data Updated:

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