Rimini Street, Inc. (RMNI)

From the record

Rimini Street, Inc.'s filings since 2017 show 4 warning events of 3 kinds: a notice about its exchange listing (8-K item 3.01, 2 times, the latest 2024-09-06); an auditor change (8-K item 4.01, the latest 2017-10-18); a late-report notice (Form NT 10-K or NT 10-Q, the latest 2017-05-11) (its current reports).

From the record

Rimini Street, Inc.'s 9 filed years say what it did: revenue went from $215 million in fiscal 2017 to $422 million in fiscal 2025, up 8.8% a year; it rose in 6 of 8 years; the deepest fall was 2% from fiscal 2023 to fiscal 2025; net income was positive in 5 of 9 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Rimini Street, Inc.'s diluted share count grew about 2.5% a year, and dividends and buybacks returned about 25% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 54 sales (2 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-11-09 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Rimini Street, Inc.'s shareholders' equity was below zero, so the profit on it is not read, and gross profitability: its products earned about 60 cents per dollar of everything the company owns. Leverage: it owed about 106 cents per dollar of assets, and net share issuance: its share count grew 4.4% over the year (the filed statements).

From the record

Rimini Street, Inc.'s standing among 101 graded names in its industry family: revenue of $422 million in fiscal 2025 ranks in the bottom 31% by size; a net margin of 8.8% ranks in the top 31%; revenue growth of 1% a year over the last 3 filed years ranks in the bottom 29% (its annual reports).

From the record

Rimini Street, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Ravin, Seth A. (President, CEO & Chairman, as filed), filing under that title since 2017-10-20, 9.1 years (top 19% of its family); the 12 officers and directors filing in the last fifteen months have been on the record a median of 9.1 years (top 9%); 13 officer or director changes were reported on Form 8-K since 2023-11-13, against the 12 people in charge now (bottom 7%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Rimini Street, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $120 million against debt of $63 million leaves 13.4% of its assets as net cash, top 35% of its family; cash from operations less capital spending is 13.2% of revenue (top 43%); a gross margin of 60.4% (top 31%) (its annual report).

From the record

Rimini Street, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 1% a year over the last three filed years against 8.8% over all 9, slowing (bottom 34% of its family); the newest year grew -1.7% (bottom 22%); capital spending grew 1.8% a year (bottom 37%) (its annual reports). Rimini Street, Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

From the record

Rimini Street, Inc.'s newest year against its own record: revenue of $422 million in fiscal 2025 came in 3.9% below the $439 million its prior three years' pace pointed to (bottom 36% of its family); net income of $37 million against a prior three-year average of $4 million (top 3%); a net margin of 8.8% against -1% before (top 37%) (its annual reports).