← 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
Total Revenue $160.2m $212.6m $252.8m $281.1m $326.8m $374.4m $409.7m $431.5m $428.8m $421.5m
Revenue from Contract with Customer, Including Assessed Tax $160.2m $212.6m $252.8m $281.1m $326.8m $374.4m $409.7m $431.5m $428.8m $421.5m
Cost of Revenue $67.0m $82.9m $96.0m $105.1m $126.2m $136.5m $152.4m $162.5m $167.7m $166.9m
Gross Profit $93.1m $129.7m $156.8m $175.9m $200.6m $238.0m $257.3m $269.0m $261.0m $254.6m
Operating Costs and Expenses $3.3m — — — — — — — — —
Operating Expenses $79.2m $107.8m $131.5m $153.8m $182.7m $211.2m $249.2m $225.2m $293.1m $194.7m
Total operating expenses $79.2m $107.8m $131.5m $153.8m $182.7m $211.2m $249.2m $225.2m $293.1m $194.7m
Operating Income (Loss) ($3.3m) $22.0m $25.4m $22.1m $17.9m $26.8m $8.1m $43.8m ($32.1m) $59.9m
Additional Financial Items
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
Income (Loss) from Continuing Operations before Income Taxes, Domestic — ($56.3m) ($72.2m) $13.6m $8.5m $8.3m ($9.0m) $29.3m ($50.3m) $45.4m
Interest and Other Income — $198k $54k $45k $24k $55k $228k $3.7m $3.6m $4.8m
Interest Income, Other $552k — — — — — — — — —
Investment Income, Interest $485k — — — — — — — — —
Preferred Stock Dividends, Income Statement Impact — $0 $0 $0 $0 $3.5m $0 $0 — —
Sales and marketing $72.9m $66.8m $93.2m $107.3m $114.7m $128.5m $143.0m $142.3m $149.7m $151.6m
General and administrative $36.2m $36.1m $37.0m $47.4m $52.2m $64.2m $75.4m $73.0m $73.1m $70.0m
Litigation settlement ($29.9m) $4.9m $1.3m ($12.8m) $14.6m — — $2.7m $58.5m ($36.2m)
Other income, net ($1.8m) $320k ($2.1m) ($1.5m) ($258k) ($1.6m) ($13k) $3.0m $1.8m $1.9m
Income (loss) before income taxes ($11.4m) ($52.0m) ($66.0m) $20.2m $17.5m $19.4m $3.8m $41.2m ($36.6m) $55.6m
Income taxes ($1.5m) ($1.3m) $2.0m $2.7m $4.6m ($55.8m) $6.3m $15.2m $371k ($18.5m)
Foreign currency translation gain (loss) ($500k) $179k ($700k) $138k $1.1m ($2.4m) ($2.5m) $442k ($3.3m) $2.7m
Derivative instrument and other adjustments, net of tax — — — — $0 $0 $1.0m ($414k) $35k ($894k)
Comprehensive income (loss) ($13.4m) ($53.1m) ($68.7m) $17.7m $14.1m $72.8m ($4.0m) $26.1m ($39.5m) $38.9m
Basic (in shares) — — — $66.0m $71.2m $84.3m $87.7m $89.1m $90.5m $91.7m
Diluted (in shares) — — — $66.0m $71.2m $89.0m $87.7m $89.5m $90.5m $94.5m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest ($11.4m) ($52.0m) ($66.0m) $20.2m $17.5m $19.4m $3.8m $41.2m ($36.6m) $55.6m
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 ($2.9m) ($53.3m) ($78.6m) ($7.9m) ($13.8m) $45.2m ($2.5m) $26.1m ($36.3m) $37.1m
Earnings Per Share, Basic — — — — — $0.54 ($0.03) $0.29 ($0.40) $0.40
Earnings Per Share, Diluted ($0.52) ($1.65) ($1.28) ($0.12) ($0.19) $0.51 ($0.03) $0.29 ($0.40) $0.39
Weighted Average Number of Shares Outstanding, Basic — — — $66.0m $71.2m 84.3m 87.7m 89.1m 90.5m 91.7m
Weighted Average Number of Shares Outstanding, Diluted — — — $66.0m $71.2m 89.0m 87.7m 89.5m 90.5m 94.5m
General and Administrative Expense $36.2m $36.1m $37.0m $47.4m $52.2m $64.2m $75.4m $73.0m $73.1m $70.0m
Other Nonoperating Income (Expense) ($1.8m) $320k ($2.1m) ($1.5m) ($258k) ($1.6m) ($13k) $3.0m $1.8m $1.9m
Restructuring Costs — — — — $0 $0 $2.5m $59k $5.7m $4.5m
Selling and Marketing Expense $72.9m $66.8m $93.2m $107.3m $114.7m $128.5m $143.0m $142.3m $149.7m $151.6m
Reorganization costs — — — — $0 $0 $2.5m $59k $5.7m $4.5m
Professional fees and other costs of litigation — $17.2m $30.1m $8.0m $13.5m $16.5m $25.7m $7.0m $6.1m $4.8m
Litigation costs and related recoveries, net — $4.9m $1.3m ($834k) $14.6m $16.9m $25.3m $9.8m $64.6m ($31.4m)
Interest Expense (non-operating) — — — — — — — — $6.3m $6.2m
Interest Expense ($13.4m) ($43.4m) ($32.5m) ($398k) ($77k) ($1.6m) $4.3m $5.5m ($6.3m) ($6.2m)
Interest Expense, Debt — $43.4m $32.5m $398k $77k $1.6m $4.3m $5.5m — —
Current Income Tax Expense (Benefit) — $1.4m $2.2m $3.1m $5.1m $6.5m $8.4m $8.5m $9.5m $7.4m
Income Tax Expense (Benefit) — $1.3m $2.0m $2.7m $4.6m ($55.8m) $6.3m $15.2m ($371k) $18.5m

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