Rimini Street, Inc.

NasdaqGM:RMNI Stock Report

Market Cap: US$228.9m

Rimini Street Management

Management criteria checks 2/4

Rimini Street's CEO is Seth Ravin, appointed in Sep 2005, has a tenure of 19.25 years. total yearly compensation is $4.73M, comprised of 9.9% salary and 90.1% bonuses, including company stock and options. directly owns 12.04% of the company’s shares, worth $27.56M. The average tenure of the management team and the board of directors is 3.9 years and 11.2 years respectively.

Key information

Seth Ravin

Chief executive officer

US$4.7m

Total compensation

CEO salary percentage9.9%
CEO tenure19.3yrs
CEO ownership12.0%
Management average tenure3.9yrs
Board average tenure11.2yrs

Recent management updates

Recent updates

Rimini Street, Inc.'s (NASDAQ:RMNI) Share Price Boosted 37% But Its Business Prospects Need A Lift Too

Dec 17
Rimini Street, Inc.'s (NASDAQ:RMNI) Share Price Boosted 37% But Its Business Prospects Need A Lift Too

Rimini Street: 15-Year Legal Battle Burning Through Investor Value

Nov 30

Rimini: Substantial Recurring Revenue, Reallocation Of Resources, And Undervalued

Sep 05

The Market Doesn't Like What It Sees From Rimini Street, Inc.'s (NASDAQ:RMNI) Earnings Yet As Shares Tumble 30%

Aug 02
The Market Doesn't Like What It Sees From Rimini Street, Inc.'s (NASDAQ:RMNI) Earnings Yet As Shares Tumble 30%

Rimini Street: High Uncertainty Pressuring Near-Term Outlook

Jun 12

Rimini Street, Inc.'s (NASDAQ:RMNI) Share Price Is Matching Sentiment Around Its Revenues

Jun 10
Rimini Street, Inc.'s (NASDAQ:RMNI) Share Price Is Matching Sentiment Around Its Revenues

Rimini Street: Extremely Cheap Even After Adjusting For Litigation Risks

Mar 20

Why Rimini Street, Inc. (NASDAQ:RMNI) Could Be Worth Watching

Mar 13
Why Rimini Street, Inc. (NASDAQ:RMNI) Could Be Worth Watching

Rimini Street Q2 2022 Earnings Preview

Aug 02

Rimini Street: A First Look

Jun 15

CEO Compensation Analysis

How has Seth Ravin's remuneration changed compared to Rimini Street's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$34m

Jun 30 2024n/an/a

US$16m

Mar 31 2024n/an/a

US$22m

Dec 31 2023US$5mUS$469k

US$26m

Sep 30 2023n/an/a

US$11m

Jun 30 2023n/an/a

US$4m

Mar 31 2023n/an/a

US$72k

Dec 31 2022US$1mUS$438k

-US$2m

Sep 30 2022n/an/a

US$69m

Jun 30 2022n/an/a

US$63m

Mar 31 2022n/an/a

US$58m

Dec 31 2021US$2mUS$400k

US$45m

Sep 30 2021n/an/a

-US$26m

Jun 30 2021n/an/a

-US$22m

Mar 31 2021n/an/a

-US$21m

Dec 31 2020US$2mUS$358k

-US$15m

Sep 30 2020n/an/a

-US$18m

Jun 30 2020n/an/a

-US$19m

Mar 31 2020n/an/a

-US$15m

Dec 31 2019US$827kUS$300k

-US$4m

Sep 30 2019n/an/a

-US$716k

Jun 30 2019n/an/a

-US$49m

Mar 31 2019n/an/a

-US$75m

Dec 31 2018US$868kUS$300k

-US$75m

Sep 30 2018n/an/a

-US$79m

Jun 30 2018n/an/a

-US$35m

Mar 31 2018n/an/a

-US$35m

Dec 31 2017US$536kUS$300k

-US$50m

Compensation vs Market: Seth's total compensation ($USD4.73M) is above average for companies of similar size in the US market ($USD1.41M).

Compensation vs Earnings: Seth's compensation has increased whilst the company is unprofitable.

CEO

Seth Ravin (57 yo)

19.3yrs

Tenure

US$4,726,758

Compensation

Mr. Seth A. Ravin is the Founder of Rimini Street, Inc. and has been its Chairman and Chief Executive Officer since September 2005. Mr. Ravin has been President of Rimini Street, Inc. since March 1, 2023....

Leadership Team

NamePositionTenureCompensationOwnership
Seth Ravin
Founder19.3yrsUS$4.73m12.04%
$ 27.6m
Michael Perica
Executive VP4.2yrsUS$1.75m0.17%
$ 388.7k
Janet Ravin
Vice President of Marketing Brand1.9yrsno datano data
David Rowe
Chief Product Officer & Executive VP of Global Transformationno dataUS$1.17m0.42%
$ 972.6k
Kevin Maddock
EVP, Chief Recurring Revenue Officer and GM of North Americaless than a yearUS$1.07m0.12%
$ 275.3k
Nancy Lyskawa
Executive VP & Chief Client Officer15.3yrsUS$1.18m0.14%
$ 314.2k
Eric Helmer
EVP & Global Chief Technology Officer3.7yrsno datano data
Dean Pohl
VP of Investor Relations & Treasurerless than a yearno datano data
Brian Almas
Senior Vice President of Global Human Resources2.6yrsno datano data
Raju Gadiraju
Executive VP & MD of Rimini Street Labs Indiano datano datano data
Craig Mackereth
Executive Vice President of Global Service Delivery4.1yrsno datano data
Glenn Groshans
GVP, Chief of Staff & Office of the CEO5.1yrsno datano data

3.9yrs

Average Tenure

58yo

Average Age

Experienced Management: RMNI's management team is considered experienced (3.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Seth Ravin
Founder19.3yrsUS$4.73m12.04%
$ 27.6m
Robin Murray
Independent Director15.5yrsUS$405.00k0.23%
$ 523.3k
Jack Acosta
Independent Lead Director11.2yrsUS$440.00k0.23%
$ 525.8k
Steven Capelli
Independent Director10.9yrsUS$427.50k0.23%
$ 523.6k
Jay Snyder
Independent Director4.5yrsUS$412.50k0.18%
$ 404.9k

11.2yrs

Average Tenure

57yo

Average Age

Experienced Board: RMNI's board of directors are seasoned and experienced ( 11.2 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 10:32
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

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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.

AnalystInstitution
Brian KinstlingerAlliance Global Partners
Mark SchappelBenchmark Company
Jeffrey Van RheeCraig-Hallum Capital Group LLC