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Rimini Street Inc   (NASDAQ: RMNI)
    Sector  Services    Industry Professional Services
   Industry Professional Services
   Sector  Services
 
Price: $4.6000 $-0.20 -4.167%
Day's High: $4.78000020980835 Week Perf: -10.68 %
Day's Low: $ 4.58 30 Day Perf: -6.31 %
Volume (M): 455,163 52 Wk High: $ 5.68
Volume (M$): $ 0 52 Wk Avg: $4.07
Open: $4.77 52 Wk Low: $2.87



 Market Capitalization (Millions $) 432
 Shares Outstanding (Millions) 94
 Employees 1,980
 Revenues (TTM) (Millions $) 422
 Net Income (TTM) (Millions $) 35
 Cash Flow (TTM) (Millions $) 10
 Capital Exp. (TTM) (Millions $) 4

Business Description


Rimini Street Inc is an American technology company that offers enterprise software support services to clients throughout the world. The company was founded in 2005 and is headquartered in Las Vegas, Nevada.

Rimini Street offers support services for enterprise software applications, including Oracle Database, SAP SE, Microsoft SQL Server, and other applications. These services include software updates, bug fixes, guidance for new releases, and technical support, and the company prides itself on offering these services at a much lower cost than the original software vendors.

Rimini Street's customers include government organizations, educational institutions, and both small and large businesses across many industries. The company's services are particularly attractive to organizations that have invested significant resources in their existing enterprise software systems and wish to continue to use them without the need to upgrade or migrate to new software platforms.

In addition to its support services, Rimini Street offers consulting services to help organizations optimize their IT operations and reduce costs through improved efficiencies. These services include IT strategy and planning, application management, and system integration.

Rimini Street has received numerous awards and accolades, including being named to Inc. 5000's list of fastest-growing private companies several times and receiving a Stevie Award for Sales & Customer Service in the customer service department of the year category.

The company is committed to sustainability and has taken steps to minimize its environmental impact through initiatives such as implementing a telecommuting policy for employees and reducing paper usage in its offices.

Rimini Street's success has been driven by its commitment to delivering high-quality services to its customers at a lower cost than the original software vendors. With its innovative solutions, dedication to customer satisfaction, and commitment to sustainability, Rimini Street is well-positioned to continue to grow and serve its customers in the years ahead.


   Company Address: 1700 S. Pavilion Center Drive Las Vegas 89135 NV
   Company Phone Number: 839-9671   Stock Exchange / Ticker: NASDAQ RMNI


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
ACN   -6.53%    
CRM   -5.4%    
MSFT   -1.87%    
NOW   -8.25%    
ORCL        14.44% 
TEAM   -4.97%    
• View Complete Report
   



Business Update

Rimini Street Unveils Rimini Agentic UX A Paradigm Shift in ERP Process Innovation and Strategic Support Partnerships

Published Fri, Dec 5 2025 8:19 PM UTC

In an era where efficiency and innovation are paramount in enterprise resource planning (ERP) solutions, Rimini Street, Inc. (Nasdaq: RMNI) has taken a monumental step by launching the Rimini Agentic UX, an intelligent, AI-driven layer designed to enhance user engagement and streamline ERP processes. This development not only seeks to bolster operational efficiency but also ...

Business Update

Composable ERP The Future of SAP Customer Strategy in a Rapidly Innovating World,

Published Mon, Oct 20 2025 11:43 AM UTC

Accelerating Innovation Through Composable ERP: A Global Perspective on SAP Customers’ Preferences In an era where technological advances like artificial intelligence (AI) are reshaping industries, businesses are continually seeking solutions that allow them to stay ahead of the competition by fostering faster innovation. A recent global study by Rimini Street, Inc., revea...

Business Update

Rimini Streets Expanding Influence How a Third-Party Support Provider is Reshaping Enterprise Software

Published Tue, Sep 9 2025 4:07 PM UTC

In a significant milestone for Rimini Street, Inc. (Nasdaq: RMNI), the company has announced its selection by over 100 organizations as their preferred support solution for VMware. This achievement underscores Rimini Street s growing influence in the enterprise software support sector, especially as a third-party provider for industry giants such as Oracle, SAP, and VMware. ...

Business Update

Rimini Street Partners with American Digital A Strategic Move Towards Innovation and Cost Efficiency in Enterprise ...

Published Mon, Aug 25 2025 8:30 AM UTC

In a rapidly changing technological landscape, businesses are increasingly seeking flexible and cost-effective solutions to optimize their software infrastructure. Rimini Street, Inc. (Nasdaq: RMNI), a leading provider of third-party software support for enterprise applications such as Oracle, SAP, and VMware, has solidified its commitment to delivering innovative solutions ...

Business Update

Rimini Street Pioneering Digital Transformation in Academia and Industry,

Published Thu, Aug 14 2025 12:29 PM UTC

Rimini Street: Catalyzing Digital Innovation in Higher Education and Industry In a world where digital transformation is no longer optional but essential, organizations across various sectors are seeking efficient solutions to replace traditional software support systems. Among those leading this evolution is Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterpris...




Fundamental Analysis

Valuation Current
Price to Earnings PE Ratio (TTM) 12.53
Price to Earnings PE Ratio (Expected) -
Price to Sales (TTM) 1.02
Price to Sales (Expected) -
Price to Book -
PEG (TTM) -

Financial Strength Current
Quick Ratio 0.41
Working Capital Ratio 0.85
Leverage Ratio (MRQ) -
Total Debt to Equity -
Interest Coverage (TTM) -
Debt Coverage (TTM) 0.8

Per Share Current
Earnings (TTM) 0.37 $
Revenues (TTM) 4.5 $
Cash Flow (TTM) 0.1 $
Cash 1.41 $
Book Value -
Dividend (TTM) 0 $

Efficiency Current
Revenue per Employee (TTM) 213,299
Net Income per Employee (TTM) 17,732
Receivable Turnover Ratio (TTM) 4.05
Inventory Turnover Ratio (TTM) -
Asset Turnover Ratio (TTM) 1.08

Profitability Ratios Current
Gross Margin (MRQ) 59.15 %
Operating Margin (MRQ) 4.56 %
Net Margin (MRQ) 1.29 %
Net Cash Flow Margin (MRQ) 11.6 %
Effective Tax Rate (TTM) 30.25 %

Management Effectiveness Current
Return On Assets (TTM) 8.94 %
Return On Investment (TTM) 44.35 %
Return On Equity (TTM) -
Dividend Yield -
Pay out Ratio (TTM) -



Rimini Street Inc's Segments
Reportable Segment    100.2 % of total Revenue
United States of America    44.55 % of total Revenue
International    55.65 % of total Revenue

  Rimini Street Inc Outlook

On January 28 2025 the Rimini Street Inc provided following guidance

nnRimini Street Inc. to Announce Fourth Quarter and Full Year Financial Results for 2024 on February 27, 2025nn

nLAS VEGAS, NVn– Rimini Street, Inc. (Nasdaq: RMNI), a premier global provider of comprehensive enterprise software support and innovative solutions, recognized as the leading third-party support provider for Oracle, SAP, and VMware software, has announced that it will release its financial results for the fourth quarter and the entirety of fiscal year 2024 after the market closes on February 27, 2025.

Following the earnings announcement, the company will conduct a conference call and webcast to delve into the results from the fourth quarter and the full year of 2024, as well a...





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