Rimini Street, Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent ($2.9m)
($53.3m) -1762.77%
($68.0m) -27.52%
$17.5m +125.79%
$13.0m -25.95%
$75.2m +479.50%
($2.5m) -103.30%
$26.1m +1150.77%
($36.3m) -239.19%
$37.1m +202.28%
Net Income (Loss) Available to Common Stockholders, Basic ($53.3m)
($78.6m) -47.49%
($7.9m) +89.93%
($13.8m) -74.74%
$45.2m +426.83%
($2.5m) -105.49%
$26.1m +1150.77%
($36.3m) -239.19%
$37.1m +202.28%
Depreciation, Depletion and Amortization $2.0m $1.8m $1.9m $1.8m $2.4m $2.5m $2.8m $3.6m $3.9m $9.4m
Amortization of Debt Issuance Costs $18.4m $58.3m
Amortization of Debt Issuance Costs and Discounts $12.1m $54.5m
Depreciation $2.0m $1.8m $1.9m $1.8m $2.4m $2.5m $2.8m $3.6m $3.9m $9.4m
Depreciation Amortization Depletion $8.0m $7.3m $8.2m $8.9m $9.4m
Deferred Income Tax Expense (Benefit) ($124k) ($235k) ($337k) ($514k) ($62.3m) ($2.1m) $6.6m ($9.8m) $11.2m ($1.1m)
Deferred Tax ($2.1m) $6.6m ($9.8m) $11.2m ($1.1m)
Share-based Payment Arrangement, Noncash Expense $3.0m $4.4m $5.5m $7.5m $9.7m $10.9m $12.5m $9.5m $11.1m $10.8m
Share-based Payment Arrangement, Expense $3.0m $4.4m $5.5m $7.5m $9.7m $10.9m $12.5m $9.5m $11.1m $10.8m
Operating Lease, Impairment Loss $1.2m $1.6m $3.0m $0 $0
Asset Impairment Charge $1.6m $3.0m $0 $0 $0
Other Nonoperating Income (Expense) $320k ($2.1m) ($1.5m) ($258k) ($1.6m) ($13k) $3.0m $1.8m $1.9m
Changes in operating assets and liabilities:
Change In Working Capital $16.5m ($41.1m) ($11.2m) ($8.7m) $40.1m
Increase (Decrease) in Accounts Receivable $8.3m $18.0m $31.2m $8.5m $18.8m ($18.9m) $3.0m $15.2m $4.5m $1.7m
Change In Receivables $18.9m ($3.0m) ($15.2m) ($4.5m) $1.7m
Changes In Account Receivables $18.9m ($3.0m) ($15.2m) ($4.5m) $1.7m
Increase (Decrease) in Accounts Payable $1.2m $2.9m ($10.5m) $931k $2.5m $2.4m ($2.0m) ($613k) $444k ($1.4m)
Net Cash Provided by (Used in) Operating Activities ($3.5m)
$29.2m +932.85%
$22.4m -23.25%
$20.4m -8.92%
$42.1m +106.53%
$66.9m +59.00%
$34.9m -47.87%
$12.5m -64.28%
($38.8m) -411.61%
$60.2m +255.01%
$67.2m +11.52%
Cash flows from investing activities:
Capital Expenditure $1.4m $1.1m $1.9m $1.5m $2.1m ($4.3m) ($7.2m) ($3.4m) ($4.6m) ($3.3m)
Payments to Acquire Investments $0 $7.5m $0 $0
Net Cash Provided by (Used in) Investing Activities ($24.4m) $3.1m $6.4m ($4.6m) ($3.3m)
Cash flows from financing activities:
Debt and Equity Securities, Gain (Loss) $0 $0
Issuance Of Debt $0 $0 $17.9m $0 $15.0m
Long Term Debt Issuance $0 $0 $17.9m $0 $15.0m
Long Term Debt Payments ($9.8m) ($6.0m) ($3.9m) ($19.1m) ($32.9m)
Net Issuance Payments Of Debt ($9.8m) ($6.0m) $14.0m ($19.1m) ($32.9m)
Net Long Term Debt Issuance ($9.8m) ($6.0m) $14.0m ($19.1m) ($32.9m)
Net Short Term Debt Issuance $89.3m $0 $0
Repayment Of Debt ($9.8m) ($6.0m) ($3.9m) ($19.1m) ($32.9m)
Payments for Repurchase of Common Stock $1.1m $4.7m $1.0m $0 $7.6m
Payments of Ordinary Dividends, Common Stock $2.9m $0 $0
Proceeds from Issuance of Common Stock $0 $25.7m $57.0m $0 $0
Common Stock Issuance $57.0m $0 $0
Common Stock Payments ($4.7m) ($1.0m) $0 ($7.6m) ($7.6m)
Issuance Of Capital Stock $57.0m $0 $0
Net Common Stock Issuance ($4.7m) ($1.0m) $0 ($7.6m) ($7.6m)
Repurchase Of Capital Stock ($4.7m) ($1.0m) $0 ($7.6m) ($7.6m)
Dividends Payable, Current $4 $4 $4
Dividends Payable $90 $76 $50
Cash Dividends Paid ($12.7m) $0 $0
Preferred Stock Dividend Paid ($12.7m) $0 $0
Net Other Financing Charges ($5.5m) ($27k)
Net Cash Provided by (Used in) Financing Activities ($16.5m)
($34.8m) -110.88%
($5.7m) +83.50%
$6.4m +211.12%
($26.6m) -516.71%
($13.6m) +48.93%
($6.9m) +49.20%
$14.0m +303.37%
($26.6m) -289.79%
($40.0m) -50.26%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect ($14.8m) $13.2m $49.5m $32.1m ($10.6m) $6.4m ($26.6m) $31.9m $126.4m
Beginning Cash Position $120.0m $109.4m $115.9m $89.2m $102.5m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $40.0m $25.2m $38.4m $87.9m $120.0m $109.4m $115.9m $89.2m $121.1m $126.4m
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents ($1.4m) $405k $2.5m ($6.2m) ($7.4m) ($2.2m) ($8.2m) $2.8m ($1.8m)
Effect Of Exchange Rate Changes ($7.4m) ($2.2m) ($8.2m) $2.8m ($1.8m)
Additional Supplementary Disclosures
Additional Supplementary Disclosures
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities $16.5m $19.3m $230k $63k $1.1m $3.2m $4.5m $5.5m $5.5m
Income Taxes Paid, Net $2.8m $4.9m $3.4m $7.3m
Additional Financial Items
Accretion Expense $24.9m $13.3m
Foreign Currency Transaction Gain (Loss), before Tax $191k ($1.3m) ($1.6m) ($77k) ($1.4m) $12k ($330k) ($1.2m) ($2.5m)
Gain (Loss) Related to Litigation Settlement ($1.3m) $12.8m ($14.6m) $36.2m
General and Administrative Expense $36.1m $37.0m $47.4m $52.2m $64.2m $75.4m $73.0m $73.1m $70.0m
Income Tax Expense (Benefit) $1.3m $2.0m $2.7m $4.6m ($55.8m) $6.3m $15.2m ($371k) $18.5m
Interest Expense Nonoperating $6.3m $6.2m
Investment Income, Interest $485k
Operating Costs and Expenses $3.3m
Operating Expenses $107.8m $131.5m $153.8m $182.7m $211.2m $249.2m $225.2m $293.1m $194.7m
Proceeds from Contributed Capital $0
Proceeds from Stock Options Exercised $872k $2.0m $3.3m $1.8m $5.9m $1.0m $79k $0 $63k
Restructuring Costs $2.5m $59k $5.7m $4.5m
Revenue from Contract with Customer, Including Assessed Tax $281.1m $326.8m $374.4m $409.7m $431.5m $428.8m $421.5m
Cash Flow From Continuing Financing Activities ($13.6m) ($6.9m) $14.0m ($26.6m) ($40.0m)
Cash Flow From Continuing Investing Activities ($24.4m) $3.1m $6.4m ($4.6m) ($3.3m)
Change In Account Payable $2.4m ($2.0m) ($613k) $444k ($1.4m)
Change In Cash Supplemental As Reported ($10.6m) $6.4m ($26.6m) $31.9m
Change In Other Working Capital $1.8m ($30.0m) ($1.4m) $5.3m $9.3m
Change In Payable $2.4m ($2.0m) ($613k) $444k ($1.4m)
Change In Prepaid Assets ($6.6m) ($6.2m) $6.1m ($10.0m) $30.4m
Changes In Cash ($3.1m) $8.7m ($18.4m) $29.0m $23.9m
End Cash Position $109.4m $115.9m $89.2m $121.1m $126.4m
Financing Cash Flow ($13.6m)
($6.9m) +49.20%
$14.0m +303.37%
($26.6m) -289.79%
($40.0m) -50.26%
Free Cash Flow $30.6m $5.3m ($42.2m) $55.6m $63.9m
Investing Cash Flow ($24.4m) $3.1m $6.4m ($4.6m) ($3.3m)
Net Investment Purchase And Sale ($20.1m) $10.3m $9.8m $0 $0
Net Preferred Stock Issuance ($156.8m) $0 $0
Other Non Cash Items $983k $1.0m $764k $701k
Preferred Stock Payments ($156.8m) $0 $0
Proceeds From Stock Option Exercised $1.0m $79k $0 $63k $565k
Purchase Of Investment ($31.2m) ($30.5m) ($7.5m) $0 $0
Sale Of Investment $11.1m $40.8m $17.3m $0 $0
Stock Based Compensation $10.9m $12.5m $9.5m $11.1m $10.8m