← Rimini Street, Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income From Continuing Operations — — — — — — ($2.5m) $26.1m ($36.3m) $37.1m
Net Income (Loss) Attributable to Parent ($2.9m) ($53.3m) ($68.0m) $17.5m $13.0m $75.2m ($2.5m) $26.1m ($36.3m) $37.1m
Net Income (Loss) Available to Common Stockholders, Basic — ($53.3m) ($78.6m) ($7.9m) ($13.8m) $45.2m ($2.5m) $26.1m ($36.3m) $37.1m
Depreciation, Depletion and Amortization — $2.0m $1.8m $1.9m $1.8m $2.4m $2.5m $2.8m $3.6m $3.9m
Amortization of Debt Issuance Costs — $18.4m $58.3m — — — — — — —
Amortization of Debt Issuance Costs and Discounts — $12.1m $54.5m — — — — — — —
Depreciation — $2.0m $1.8m $1.9m $1.8m $2.4m $2.5m $2.8m $3.6m $3.9m
Depreciation Amortization Depletion — — — — — — $8.0m $7.3m $8.2m $8.9m
Deferred Income Tax Expense (Benefit) — ($124k) ($235k) ($337k) ($514k) ($62.3m) ($2.1m) $6.6m ($9.8m) $11.2m
Deferred Income Tax — — — — — — ($2.1m) $6.6m ($9.8m) $11.2m
Deferred Tax — — — — — — ($2.1m) $6.6m ($9.8m) $11.2m
Share-based Payment Arrangement, Noncash Expense — $3.0m $4.4m $5.5m $7.5m $9.7m $10.9m $12.5m $9.5m $11.1m
Share-based Payment Arrangement, Expense — $3.0m $4.4m $5.5m $7.5m $9.7m $10.9m $12.5m $9.5m $11.1m
Operating Lease, Impairment Loss — — — — $1.2m $1.6m $3.0m $0 $0 —
Asset Impairment Charge — — — — — $1.6m $3.0m $0 $0 —
Income Tax Expense (Benefit) — $1.3m $2.0m $2.7m $4.6m ($55.8m) $6.3m $15.2m ($371k) $18.5m
Interest Expense Nonoperating — — — — — — — — $6.3m $6.2m
Other Nonoperating Income (Expense) — $320k ($2.1m) ($1.5m) ($258k) ($1.6m) ($13k) $3.0m $1.8m $1.9m
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable — $8.3m $18.0m $31.2m $8.5m $18.8m ($18.9m) $3.0m $15.2m $4.5m
Increase (Decrease) in Accounts Payable — $1.2m $2.9m ($10.5m) $931k $2.5m $2.4m ($2.0m) ($613k) $444k
Accretion Expense — $24.9m $13.3m — — — — — — —
Debt and Equity Securities, Gain (Loss) — — $0 $0 — — — — — —
Foreign Currency Transaction Gain (Loss), before Tax — $191k ($1.3m) ($1.6m) ($77k) ($1.4m) $12k ($330k) ($1.2m) ($2.5m)
Gain (Loss) Related to Litigation Settlement — — ($1.3m) $12.8m ($14.6m) — — — — $36.2m
General and Administrative Expense — $36.1m $37.0m $47.4m $52.2m $64.2m $75.4m $73.0m $73.1m $70.0m
Investment Income, Interest $485k — — — — — — — — —
Operating Costs and Expenses $3.3m — — — — — — — — —
Operating Expenses — $107.8m $131.5m $153.8m $182.7m $211.2m $249.2m $225.2m $293.1m $194.7m
Proceeds from Contributed Capital $0 — — — — — — — — —
Proceeds from Stock Options Exercised — $872k $2.0m $3.3m $1.8m $5.9m $1.0m $79k $0 $63k
Restructuring Costs — — — — — — $2.5m $59k $5.7m $4.5m
Revenue from Contract with Customer, Including Assessed Tax — — — $281.1m $326.8m $374.4m $409.7m $431.5m $428.8m $421.5m
Beginning Cash Position — — — — — — $120.0m $109.4m $115.9m $89.2m
Cash Flow From Continuing Financing Activities — — — — — — ($13.6m) ($6.9m) $14.0m ($26.6m)
Cash Flow From Continuing Investing Activities — — — — — — ($24.4m) $3.1m $6.4m ($4.6m)
Change In Account Payable — — — — — — $2.4m ($2.0m) ($613k) $444k
Change In Other Working Capital — — — — — — $1.8m ($30.0m) ($1.4m) $5.3m
Change In Payable — — — — — — $2.4m ($2.0m) ($613k) $444k
Change In Payables And Accrued Expense — — — — — — $2.4m ($2.0m) ($613k) $444k
Change In Prepaid Assets — — — — — — ($6.6m) ($6.2m) $6.1m ($10.0m)
Change In Receivables — — — — — — $18.9m ($3.0m) ($15.2m) ($4.5m)
Change In Working Capital — — — — — — $16.5m ($41.1m) ($11.2m) ($8.7m)
Changes In Account Receivables — — — — — — $18.9m ($3.0m) ($15.2m) ($4.5m)
Changes In Cash — — — — — — ($3.1m) $8.7m ($18.4m) $29.0m
End Cash Position — — — — — — $109.4m $115.9m $89.2m $121.1m
Financing Cash Flow — — — — — — ($13.6m) ($6.9m) $14.0m ($26.6m)
Free Cash Flow — — — — — — $30.6m $5.3m ($42.2m) $55.6m
Investing Cash Flow — — — — — — ($24.4m) $3.1m $6.4m ($4.6m)
Issuance Of Capital Stock — — — — — $57.0m $0 $0 — —
Net Preferred Stock Issuance — — — — — ($156.8m) $0 $0 — —
Other Non Cash Items — — — — — — $983k $1.0m $764k $701k
Preferred Stock Payments — — — — — ($156.8m) $0 $0 — —
Proceeds From Stock Option Exercised — — — — — — $1.0m $79k $0 $63k
Repurchase Of Capital Stock — — — — — — ($4.7m) ($1.0m) $0 ($7.6m)
Stock Based Compensation — — — — — — $10.9m $12.5m $9.5m $11.1m
Net Cash Provided by (Used in) Operating Activities ($3.5m) $29.2m $22.4m $20.4m $42.1m $66.9m $34.9m $12.5m ($38.8m) $60.2m
Cash flows from investing activities:
Capital Expenditure — — — — — — ($4.3m) ($7.2m) ($3.4m) ($4.6m)
Capital Expenditure Reported — $1.4m $1.1m $1.9m $1.5m $2.1m ($4.3m) ($7.2m) ($3.4m) ($4.6m)
Payments to Acquire Investments $0 — — — — — — — $7.5m $0
Net Investment Purchase And Sale — — — — — — ($20.1m) $10.3m $9.8m $0
Purchase Of Investment — — — — — — ($31.2m) ($30.5m) ($7.5m) $0
Sale Of Investment — — — — — — $11.1m $40.8m $17.3m $0
Net Cash Provided by (Used in) Investing Activities — — — — — — ($24.4m) $3.1m $6.4m ($4.6m)
Cash flows from financing activities:
Issuance Of Debt — — — — — — $0 $0 $17.9m $0
Long Term Debt Issuance — — — — — — $0 $0 $17.9m $0
Net Issuance Payments Of Debt — — — — — — ($9.8m) ($6.0m) $14.0m ($19.1m)
Net Long Term Debt Issuance — — — — — — ($9.8m) ($6.0m) $14.0m ($19.1m)
Net Short Term Debt Issuance — — — — — $89.3m $0 $0 — —
Short Term Debt Issuance — — — — — $89.3m $0 $0 — —
Long Term Debt Payments — — — — — — ($9.8m) ($6.0m) ($3.9m) ($19.1m)
Repayment Of Debt — — — — — — ($9.8m) ($6.0m) ($3.9m) ($19.1m)
Proceeds from Issuance of Common Stock $0 — — — $25.7m $57.0m $0 $0 — —
Common Stock Issuance — — — — — $57.0m $0 $0 — —
Net Common Stock Issuance — — — — — — ($4.7m) ($1.0m) $0 ($7.6m)
Payments for Repurchase of Common Stock — — — — — $1.1m $4.7m $1.0m $0 $7.6m
Payments of Ordinary Dividends, Common Stock — — — — — $2.9m $0 $0 — —
Common Stock Payments — — — — — — ($4.7m) ($1.0m) $0 ($7.6m)
Dividends Payable, Current — — $4 $4 $4 — — — — —
Dividends Payable — — $90 $76 $50 — — — — —
Cash Dividends Paid — — — — — ($12.7m) $0 $0 — —
Preferred Stock Dividend Paid — — — — — ($12.7m) $0 $0 — —
Net Other Financing Charges — — — — — ($5.5m) ($27k) — — —
Net Cash Provided by (Used in) Financing Activities — ($16.5m) ($34.8m) ($5.7m) $6.4m ($26.6m) ($13.6m) ($6.9m) $14.0m ($26.6m)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — ($1.4m) $405k $2.5m ($6.2m) ($7.4m) ($2.2m) ($8.2m) $2.8m
Effect Of Exchange Rate Changes — — — — — — ($7.4m) ($2.2m) ($8.2m) $2.8m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — ($14.8m) $13.2m $49.5m $32.1m ($10.6m) $6.4m ($26.6m) $31.9m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — $40.0m $25.2m $38.4m $87.9m $120.0m $109.4m $115.9m $89.2m $121.1m
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — ($10.6m) $6.4m ($26.6m) $31.9m
Interest Paid, Excluding Capitalized Interest, Operating Activities — $16.5m $19.3m $230k $63k $1.1m $3.2m $4.5m $5.5m $5.5m
Income Taxes Paid, Net — — — — — — $2.8m $4.9m $3.4m $7.3m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.