← 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $160.2m |
$212.6m
+32.75%
|
$252.8m
+18.89%
|
$281.1m
+11.18%
|
$326.8m
+16.27%
|
$374.4m
+14.58%
|
$409.7m
+9.41%
|
$431.5m
+5.33%
|
$428.8m
-0.64%
|
$421.5m
-1.68%
|
$429.8m
+1.95%
|
|
| Cost of Revenue | $67.0m |
$82.9m
+23.65%
|
$96.0m
+15.78%
|
$105.1m
+9.51%
|
$126.2m
+20.08%
|
$136.5m
+8.12%
|
$152.4m
+11.67%
|
$162.5m
+6.65%
|
$167.7m
+3.21%
|
$166.9m
-0.47%
|
$171.6m
+2.79%
|
|
| Gross Profit | $93.1m |
$129.7m
+39.31%
|
$156.8m
+20.87%
|
$175.9m
+12.20%
|
$200.6m
+13.99%
|
$238.0m
+18.65%
|
$257.3m
+8.12%
|
$269.0m
+4.55%
|
$261.0m
-2.96%
|
$254.6m
-2.46%
|
$258.2m
+1.40%
|
|
| Selling and Marketing Expense | $72.9m | $66.8m | $93.2m | $107.3m | $114.7m | $128.5m | $143.0m | $142.3m | $149.7m | $151.6m | $231.4m | |
| Sales and marketing | $72.9m | $66.8m | $93.2m | $107.3m | $114.7m | $128.5m | $143.0m | $142.3m | $149.7m | $151.6m | — | |
| General and Administrative Expense | $36.2m | $36.1m | $37.0m | $47.4m | $52.2m | $64.2m | $75.4m | $73.0m | $73.1m | $70.0m | $70.8m | |
| Restructuring Costs | — | — | — | — | $0 | $0 | $2.5m | $59k | $5.7m | $4.5m | — | |
| Operating Costs and Expenses | $3.3m | — | — | — | — | — | — | — | — | — | — | |
| Operating Expenses | $79.2m | $107.8m | $131.5m | $153.8m | $182.7m | $211.2m | $249.2m | $225.2m | $293.1m | $194.7m | $233.1m | |
| Operating Income (Loss) | ($3.3m) |
$22.0m
+758.85%
|
$25.4m
+15.39%
|
$22.1m
-12.69%
|
$17.9m
-19.21%
|
$26.8m
+49.70%
|
$8.1m
-69.79%
|
$43.8m
+441.04%
|
($32.1m)
-173.41%
|
$59.9m
+286.47%
|
$25.0m
-58.19%
|
|
| Interest Expense, Debt | $13.4m | $43.4m | $32.5m | $398k | $77k | $1.6m | $4.3m | $5.5m | $6.3m | $6.2m | $5.2m | |
| Interest Income, Other | $552k | — | — | — | — | — | — | — | — | — | $4.8m | |
| Investment Income, Interest | $485k | — | — | — | — | — | — | — | — | — | — | |
| Debt and Equity Securities, Gain (Loss) | — | — | $0 | $0 | — | — | — | — | — | — | — | |
| 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 | — | |
| Foreign currency translation gain (loss) | ($500k) | $179k | ($700k) | $138k | $1.1m | ($2.4m) | ($2.5m) | $442k | ($3.3m) | $2.7m | — | |
| Other Nonoperating Income (Expense) | ($1.8m) | $320k | ($2.1m) | ($1.5m) | ($258k) | ($1.6m) | ($13k) | $3.0m | $1.8m | $1.9m | — | |
| Interest and Other Income | — | $198k | $54k | $45k | $24k | $55k | $228k | $3.7m | $3.6m | $4.8m | — | |
| Other income, net | ($1.8m) | $320k | ($2.1m) | ($1.5m) | ($258k) | ($1.6m) | ($13k) | $3.0m | $1.8m | $1.9m | ($10.1m) | |
| Interest Expense (non-operating) | $13.4m | $43.4m | $32.5m | $398k | $77k | $1.6m | $4.3m | $5.5m | $6.3m | $6.2m | $5.2m | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | ($56.3m) | ($72.2m) | $13.6m | $8.5m | $8.3m | ($9.0m) | $29.3m | ($50.3m) | $45.4m | $14.5m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | ($11.4m) | ($52.0m) | ($66.0m) | $20.2m | $17.5m | $19.4m | $3.8m | $41.2m | ($36.6m) | $55.6m | $14.5m | |
| Income taxes | ($1.5m) | ($1.3m) | $2.0m | $2.7m | $4.6m | ($55.8m) | $6.3m | $15.2m | $371k | ($18.5m) | — | |
| Current Income Tax Expense (Benefit) | — | $1.4m | $2.2m | $3.1m | $5.1m | $6.5m | $8.4m | $8.5m | $9.5m | $7.4m | $7.2m | |
| 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%
|
$7.2m
-80.46%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | ($2.9m) |
($53.3m)
-1762.77%
|
($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%
|
$7.2m
-80.46%
|
|
| Preferred Stock Dividends, Income Statement Impact | — | $0 | $0 | $0 | $0 | $3.5m | $0 | $0 | — | — | — | |
| Earnings Per Share, Basic | — | — | — | — | — | $0.54 | ($0.03) | $0.29 | ($0.40) | $0.40 | $0.07 | |
| Earnings Per Share, Diluted | ($0.52) | ($1.65) | ($1.28) | ($0.12) | ($0.19) | $0.51 | ($0.03) | $0.29 | ($0.40) | $0.39 | $0.07 | |
| Basic (in shares) | — | — | — | $66.0m | $71.2m | $84.3m | $87.7m | $89.1m | $90.5m | $91.7m | $92.1m | |
| Diluted (in shares) | — | — | — | $66.0m | $71.2m | $89.0m | $87.7m | $89.5m | $90.5m | $94.5m | $94.8m | |
| Weighted Average Number of Shares Outstanding, Basic | — | — | — | $66.0m | $71.2m | 84.3m | 87.7m | 89.1m | 90.5m | 91.7m | 92.1m | |
| Weighted Average Number of Shares Outstanding, Diluted | — | — | — | $66.0m | $71.2m | 89.0m | 87.7m | 89.5m | 90.5m | 94.5m | 94.8m | |
| Additional Financial Items | ||||||||||||
| Reorganization costs | — | — | — | — | $0 | $0 | $2.5m | $59k | $5.7m | $4.5m | — | |
| Litigation settlement | ($29.9m) | $4.9m | $1.3m | ($12.8m) | $14.6m | — | — | $2.7m | $58.5m | ($36.2m) | — | |
| Professional fees and other costs of litigation | — | $17.2m | $30.1m | $8.0m | $13.5m | $16.5m | $25.7m | $7.0m | $6.1m | $4.8m | — | |
| Litigation costs and related recoveries, net | — | $4.9m | $1.3m | ($834k) | $14.6m | $16.9m | $25.3m | $9.8m | $64.6m | ($31.4m) | — | |
| Derivative instrument and other adjustments, net of tax | — | — | — | — | $0 | $0 | $1.0m | ($414k) | $35k | ($894k) | — | |
| Comprehensive income (loss) | ($13.4m) | ($53.1m) | ($68.7m) | $17.7m | $14.1m | $72.8m | ($4.0m) | $26.1m | ($39.5m) | $38.9m | — |