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Rimini Street NasdaqGM:RMNI Stock Report

Last Price

US$1.97

Market Cap

US$178.7m

7D

11.9%

1Y

-14.3%

Updated

15 Sep, 2024

Data

Company Financials +

Rimini Street, Inc.

NasdaqGM:RMNI Stock Report

Market Cap: US$178.7m

Rimini Street, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Rimini Street
Historical stock prices
Current Share PriceUS$1.97
52 Week HighUS$3.44
52 Week LowUS$1.55
Beta1.28
11 Month Change9.44%
3 Month Change-30.39%
1 Year Change-14.35%
33 Year Change-79.98%
5 Year Change-58.00%
Change since IPO-79.50%

Recent News & Updates

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

Recent updates

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

An Intrinsic Calculation For Rimini Street, Inc. (NASDAQ:RMNI) Suggests It's 45% Undervalued

Jun 11
An Intrinsic Calculation For Rimini Street, Inc. (NASDAQ:RMNI) Suggests It's 45% Undervalued

Shareholder Returns

RMNIUS SoftwareUS Market
7D11.9%6.5%4.2%
1Y-14.3%27.0%24.4%

Return vs Industry: RMNI underperformed the US Software industry which returned 26.8% over the past year.

Return vs Market: RMNI underperformed the US Market which returned 24.4% over the past year.

Price Volatility

Is RMNI's price volatile compared to industry and market?
RMNI volatility
RMNI Average Weekly Movement12.5%
Software Industry Average Movement7.5%
Market Average Movement6.4%
10% most volatile stocks in US Market15.2%
10% least volatile stocks in US Market3.1%

Stable Share Price: RMNI's share price has been volatile over the past 3 months.

Volatility Over Time: RMNI's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
20052,140Seth Ravinwww.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

How do Rimini Street's earnings and revenue compare to its market cap?
RMNI fundamental statistics
Market capUS$178.68m
Earnings (TTM)US$16.32m
Revenue (TTM)US$429.43m

10.9x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RMNI income statement (TTM)
RevenueUS$429.43m
Cost of RevenueUS$168.92m
Gross ProfitUS$260.51m
Other ExpensesUS$244.19m
EarningsUS$16.32m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.18
Gross Margin60.66%
Net Profit Margin3.80%
Debt/Equity Ratio-198.9%

How did RMNI perform over the long term?

See historical performance and comparison