Rimini Street, Inc. Income Statement
RMNI|7 years of annual SEC 10-K data (FY2017-FY2023)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 7 fiscal years. All figures from audited SEC 10-K filings.
At a glance
Revenue
$374M
FY2023
Gross Profit
$238M
63.5% gross margin
Operating Income
$27M
FY2023
Net Income
$75M
FY2023
Rimini Street, Inc. reported $374M in revenue and $75M in net income for FY2023. Revenue has grown at a 21.2% compound annual rate over the past 6 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score NaN (distress zone, below 1.23 threshold)
- Negative shareholders equity: Liabilities exceed assets
- Profit margin: 20.1% of revenue retained as profit
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|
| Revenue | $374.4M | $326.8M | $281.1M | $253.5M | $214.9M | $160.2M | $118.2M |
| Cost of Revenue | $136.5M | $126.2M | $105.1M | $96.0M | $82.9M | $67.0M | $52.8M |
| Gross Profit | $238.0M | $200.6M | $175.9M | $157.5M | $132.0M | $93.1M | $65.4M |
| SG&A Expense | $64.2M | $52.2M | $47.4M | $37.2M | $36.1M | $36.2M | $24.2M |
| Operating Income | $26.8M | $17.9M | $22.1M | $29.5M | $25.3M | $13.9M | -$41.9M |
| Interest Expense | $1.6M | $77.0K | $398.0K | $32.5M | $43.4M | $13.4M | $829.0K |
| Income Tax | -$55.8M | $4.6M | $2.7M | $2.0M | $1.3M | $1.5M | $1.5M |
| Net Income | $75.2M | $11.6M | $21.4M | -$64.0M | -$50.0M | -$12.9M | -$45.3M |
| EPS (Basic) | $0.54 | -$0.21 | -$0.06 | $0.07 | $0.07 | $0.06 | -$0.59 |
| EPS (Diluted) | $0.51 | -$0.21 | -$0.06 | $0.06 | $0.06 | $0.05 | -$0.59 |
| Shares Outstanding | 88.5M | 87.1M | 76.4M | 67.5M | 64.2M | 59.3M | 24.3M |
| Gross Margin | 63.5% | 61.4% | 62.6% | 62.1% | 61.4% | 58.1% | 55.3% |
| Operating Margin | 7.1% | 5.5% | 7.9% | 11.7% | 11.8% | 8.7% | -35.4% |
| Profit Margin | 20.1% | 3.5% | 7.6% | -25.2% | -23.3% | -8.1% | -38.3% |