Rimini Street, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $421.5M | $428.8M | $431.5M | $409.7M | $374.4M | $326.8M | $281.1M | $253.5M |
| Cost of Revenue | $166.9M | $167.7M | $162.5M | $152.4M | $136.5M | $126.2M | $105.1M | $96.0M |
| Gross Profit | $254.6M | $261.0M | $269.0M | $257.3M | $238.0M | $200.6M | $175.9M | $157.5M |
| Gross Margin | 60.4% | 60.9% | 62.3% | 62.8% | 63.6% | 61.4% | 62.6% | 62.1% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $70.0M | $73.1M | $73.0M | $75.4M | $64.2M | $52.2M | $47.4M | $37.2M |
| Operating Income | $59.9M | $-32.1M | $43.8M | $8.1M | $26.8M | $17.9M | $22.1M | $29.5M |
| Operating Margin | 14.2% | -7.5% | 10.1% | 2.0% | 7.2% | 5.5% | 7.9% | 11.6% |
| Interest Expense | — | — | $5.5M | $4.3M | $1.6M | $77.0K | $398.0K | $32.5M |
| Pretax Income | $55.6M | $-36.6M | $41.2M | $3.8M | $19.4M | $16.2M | $24.1M | $-62.0M |
| Income Tax Expense | $18.5M | $-371.0K | $15.2M | $6.3M | $-55.8M | $4.6M | $2.7M | $2.0M |
| Net Income | $37.1M | $-36.3M | $26.1M | $-2.5M | $75.2M | $11.6M | $21.4M | $-64.0M |
| Net Margin | 8.8% | -8.5% | 6.0% | -0.6% | 20.1% | 3.5% | 7.6% | -25.2% |
| EPS (Basic) | $0.40 | $-0.40 | $0.29 | $-0.03 | $0.54 | $-0.21 | $-0.06 | $-1.22 |
| EPS (Diluted) | $0.39 | $-0.40 | $0.29 | $-0.03 | $0.51 | $-0.21 | $-0.06 | $-1.22 |
| Shares Outstanding (Basic) | 91.7M | 90.5M | 89.1M | 87.7M | 84.3M | 71.2M | 66.1M | 64.2M |
| Shares Outstanding (Diluted) | 94.5M | 90.5M | 89.5M | 87.7M | 89.0M | 71.2M | 66.1M | 64.2M |
| Dividends Per Share | — | — | — | — | — | — | — | — |