RMNI Stock Overview
Provides enterprise software products, services, and support. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 0/6 |
| Dividends | 0/6 |
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Risk Analysis
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Rimini Street, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$2.52 |
| 52 Week High | US$3.44 |
| 52 Week Low | US$1.53 |
| Beta | 1.35 |
| 1 Month Change | 26.00% |
| 3 Month Change | 40.78% |
| 1 Year Change | -25.22% |
| 3 Year Change | -57.36% |
| 5 Year Change | -37.78% |
| Change since IPO | -73.78% |
Recent News & Updates
Rimini Street, Inc.'s (NASDAQ:RMNI) Share Price Boosted 37% But Its Business Prospects Need A Lift Too
Dec 17
Rimini Street: 15-Year Legal Battle Burning Through Investor Value
Nov 30Recent updates
Rimini Street, Inc.'s (NASDAQ:RMNI) Share Price Boosted 37% But Its Business Prospects Need A Lift Too
Dec 17Rimini Street: 15-Year Legal Battle Burning Through Investor Value
Nov 30Rimini: Substantial Recurring Revenue, Reallocation Of Resources, And Undervalued
Sep 05The Market Doesn't Like What It Sees From Rimini Street, Inc.'s (NASDAQ:RMNI) Earnings Yet As Shares Tumble 30%
Aug 02Rimini Street: High Uncertainty Pressuring Near-Term Outlook
Jun 12Rimini Street, Inc.'s (NASDAQ:RMNI) Share Price Is Matching Sentiment Around Its Revenues
Jun 10Rimini Street: Extremely Cheap Even After Adjusting For Litigation Risks
Mar 20Why Rimini Street, Inc. (NASDAQ:RMNI) Could Be Worth Watching
Mar 13Rimini Street Q2 2022 Earnings Preview
Aug 02Rimini Street: A First Look
Jun 15Shareholder Returns
| RMNI | US Software | US Market | |
|---|---|---|---|
| 7D | -3.8% | -3.1% | -2.7% |
| 1Y | -25.2% | 22.4% | 23.4% |
Return vs Industry: RMNI underperformed the US Software industry which returned 22.4% over the past year.
Return vs Market: RMNI underperformed the US Market which returned 23.4% over the past year.
Price Volatility
| RMNI volatility | |
|---|---|
| RMNI Average Weekly Movement | 12.1% |
| Software Industry Average Movement | 7.9% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.9% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: RMNI's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: RMNI's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2005 | 2,070 | Seth Ravin | www.riministreet.com |
Rimini Street, Inc. provides enterprise software products, services, and support. The company engages in the provision of support services for Oracle and SAP enterprise software products. It also provides Rimini ONE, an outsourcing option that offers a set of unified and integrated services to run, manage, support, customize, configure, connect, protect, monitor, and optimize its clients’ application, database, and technology enterprise software; Rimini Support, a mission-critical support for Oracle, SAP, proprietary and open-source database, and technology software; Rimini Manage, a suite of managed services for application and database software; Rimini Protect, a suite of personalized software security services and solutions; and Rimini Connect, a suite of managed interoperability solutions for browsers, operating systems, and email systems.
Rimini Street, Inc. Fundamentals Summary
| RMNI fundamental statistics | |
|---|---|
| Market cap | US$228.92m |
| Earnings (TTM) | -US$33.58m |
| Revenue (TTM) | US$426.65m |
0.5x
P/S Ratio-6.8x
P/E RatioIs RMNI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RMNI income statement (TTM) | |
|---|---|
| Revenue | US$426.65m |
| Cost of Revenue | US$169.94m |
| Gross Profit | US$256.71m |
| Other Expenses | US$290.29m |
| Earnings | -US$33.58m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.37 |
| Gross Margin | 60.17% |
| Net Profit Margin | -7.87% |
| Debt/Equity Ratio | -93.6% |
How did RMNI perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 10:32 |
| End of Day Share Price | 2024/12/20 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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 |