Rimini Street Future Growth

Future criteria checks 0/6

Rimini Street's revenue is forecast to decline at 6.5% per annum while its annual earnings are expected to grow at 141.4% per year. EPS is expected to grow by 146.6% per annum.

Key information

141.4%

Earnings growth rate

146.6%

EPS growth rate

Software earnings growth	40.5%
Revenue growth rate	-6.5%
Future return on equity	n/a
Analyst coverage	Low
Last updated	17 Dec 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

DB:0QH - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	392	12	16	20	4
12/31/2024	417	-38	-50	-47	4
9/30/2024	427	-34	-9	-2	N/A
6/30/2024	429	16	1	8	N/A
3/31/2024	433	22	8	15	N/A
12/31/2023	431	26	5	12	N/A
9/30/2023	428	11	7	12	N/A
6/30/2023	422	4	-9	-4	N/A
3/31/2023	417	0	-7	-2	N/A
12/31/2022	410	-2	31	35	N/A
9/30/2022	400	69	52	56	N/A
6/30/2022	394	63	78	81	N/A
3/31/2022	384	58	86	88	N/A
12/31/2021	374	45	65	67	N/A
9/30/2021	363	-26	56	58	N/A
6/30/2021	350	-22	43	45	N/A
3/31/2021	337	-21	39	40	N/A
12/31/2020	327	-15	41	42	N/A
9/30/2020	315	-18	30	31	N/A
6/30/2020	302	-19	38	40	N/A
3/31/2020	293	-15	38	40	N/A
12/31/2019	281	-4	19	20	N/A
9/30/2019	273	-1	24	26	N/A
6/30/2019	267	-49	19	20	N/A
3/31/2019	260	-75	9	10	N/A
12/31/2018	253	-75	21	22	N/A
9/30/2018	243	-79	15	16	N/A
6/30/2018	234	-35	N/A	21	N/A
3/31/2018	223	-35	N/A	41	N/A
12/31/2017	215	-50	N/A	29	N/A
9/30/2017	201	-35	N/A	-41	N/A
6/30/2017	189	-42	N/A	-40	N/A
3/31/2017	175	-29	N/A	-59	N/A
12/31/2016	160	-23	N/A	-60	N/A
12/31/2015	118	-45	N/A	2	N/A
12/31/2014	85	-128	N/A	3	N/A
3/31/2014	66	-17	N/A	0	N/A
12/31/2013	61	-12	N/A	7	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 0QH is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: 0QH is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: 0QH is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: 0QH's revenue is expected to decline over the next 3 years (-6.5% per year).

High Growth Revenue: 0QH's revenue is forecast to decline over the next 3 years (-6.5% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if 0QH's Return on Equity is forecast to be high in 3 years time

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/23 00:06
End of Day Share Price	2024/12/23 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Rimini Street, Inc. is covered by 5 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Brian Kinstlinger	Alliance Global Partners
Mark Schappel	Benchmark Company
Jeffrey Van Rhee	Craig-Hallum Capital Group LLC

Rimini Street Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Rimini Street, Inc. Provides Revenue Guidance for the Second Quarter of 2023 and Reaffirms Earnings Guidance for the Full Year of 2023

Rimini Street, Inc. Provides Guidance for Fourth Quarter and Full Year 2022

Rimini Street, Inc. Provides Revenue Guidance for the Third quarter and Full Year 2022

Rimini Street, Inc. Provides Revenue Guidance for the Third Quarte and Full Year 2022

Rimini Street, Inc. Provides Revenue Guidance for the Second Quarter of 2022

Forecast to breakeven in 2022

Recent updates

Rimini Street, Inc. Announces New Management Console for Rimini Connect™ Suite of Interoperability Solutions

Rimini Street Announces Expansion of its Database Security Solutions Providing Even More Extensive Security and Compliance Capabilities for Most Common Commercial and Open-Source Databases

New minor risk - Profitability

Third quarter 2024 earnings released: US$0.47 loss per share (vs US$0.076 profit in 3Q 2023)

Rimini Street Receives a Letter from the Nasdaq Stock Market

Rimini Street Receives a Letter from the Nasdaq Stock Market

Insufficient new directors

Investor sentiment deteriorates as stock falls 45%

New major risk - Revenue and earnings growth

Second quarter 2024 earnings released: US$0.013 loss per share (vs US$0.048 profit in 2Q 2023)

Rimini Street, Inc. to Report Q2, 2024 Results on Jul 31, 2024

Investor sentiment improves as stock rises 17%

Rimini Street, Inc Announces the Immediate Availability of Comprehensive Support, Security and Consulting Services for VMware Products

First quarter 2024 earnings released: EPS: US$0.015 (vs US$0.064 in 1Q 2023)

Rimini Street, Inc., Annual General Meeting, Jun 06, 2024

Rimini Street, Inc. Appoints Steve Hershkowitz as Chief Revenue Officer

New minor risk - Share price stability

Rimini Street, Inc. to Report Q1, 2024 Results on May 02, 2024

Full year 2023 earnings released: EPS: US$0.29 (vs US$0.028 loss in FY 2022)

Rimini Street, Inc. to Report Q4, 2023 Results on Feb 28, 2024

Rimini Street, Inc. Appoints Steven Salaets as Executive Vice President, Special Projects, Office of the CEO

Investor sentiment improves as stock rises 16%

New major risk - Share price stability

Investor sentiment improves as stock rises 27%

Third quarter 2023 earnings released: EPS: US$0.076 (vs US$0.005 loss in 3Q 2022)

Rimini Street, Inc. Announces Support, Managed and Consulting Services for Salesforce ClickSoftware to Extend Life and Value of Client Deployments Beyond December 31, 2023 End-Of-Life Deadline

Rimini Street Expands its Salesforce Solutions to Include Rimini Consult for Salesforce

Rimini Street, Inc. to Report Q3, 2023 Results on Nov 01, 2023

Rimini Street, Inc. Announces Rimini Support™? for SAP Industry Solutions, Maximizing Value and Extending the Lifespan of Critical Systems

Second quarter 2023 earnings released: EPS: US$0.048 (vs US$0.001 in 2Q 2022)

Rimini Street, Inc. Announces Expansion of its Rimini Manage for SAP Products to Include SAP Cloud Applications

New major risk - Share price stability

New major risk - Share price stability

Rimini Street, Inc. Announces Statement on U.S. Federal Court Ruling

Rimini Street, Inc. to Report Q2, 2023 Results on Aug 02, 2023

New minor risk - Insider selling

First quarter 2023 earnings released: EPS: US$0.064 (vs US$0.035 in 1Q 2022)

Rimini Street, Inc. Provides Revenue Guidance for the Second Quarter of 2023 and Reaffirms Earnings Guidance for the Full Year of 2023

Insider recently sold €114k worth of stock

Full year 2022 earnings released: US$0.028 loss per share (vs US$0.54 profit in FY 2021)

Rimini Street, Inc. to Report Q4, 2022 Results on Mar 01, 2023

Investor sentiment improved over the past week

Rimini Street Launches Rimini Connect™ to Help Organizations Future-Proof and Solve Continuously Evolving and Growing Integration and Interoperability Challenges

Investor sentiment deteriorated over the past week

Third quarter 2022 earnings released: US$0.005 loss per share (vs US$0.078 loss in 3Q 2021)

Rimini Street, Inc. Provides Guidance for Fourth Quarter and Full Year 2022

Rimini Street, Inc. Provides Updates on Oracle Litigation Activity

Investor sentiment improved over the past week

Rimini Street, Inc. to Report Q3, 2022 Results on Nov 02, 2022

Investor sentiment deteriorated over the past week

Rimini Street, Inc. Provides Revenue Guidance for the Third quarter and Full Year 2022

Second quarter 2022 earnings released

Rimini Street, Inc. Provides Revenue Guidance for the Third Quarte and Full Year 2022

Rimini Street, Inc. Launches Rimini Protect™

Rimini Street, Inc. to Report Q2, 2022 Results on Aug 03, 2022

Rimini Street, Inc. Announces Resignation of Gerard Brossard as Chief Operating Officer

Insider recently sold €123k worth of stock

Rimini Street, Inc. Provides Revenue Guidance for the Second Quarter of 2022

Rimini Street, Inc., Annual General Meeting, Jun 01, 2022

Rimini Street, Inc. to Report Q1, 2022 Results on May 04, 2022

Rimini Street, Inc. Announces Impairment Charges for the Quarter Ended December 31, 2021

Rimini Street, Inc. Appoints Jeff Spicer as Executive Vice President and Chief Marketing Officer

Rimini Street, Inc. to Report Q4, 2021 Results on Mar 02, 2022

Rimini Street, Inc. Issues Statement on Oracle Litigation Activity

Rimini Street, Inc. Granted U.S. Patent for Its Artificial Intelligence-Based Case Assignment Advisor

Founder recently sold €7.8m worth of stock

Forecast to breakeven in 2022

Third quarter 2021 earnings released

Forecast to breakeven in 2022