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Rimini Street, Inc. (RMNI)

Income Statement Business | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K/A10-K10-K10-K
Revenues:  
    UNITED STATES  215.4199.8191.4179.7163.7145.5110.7 
    Other  194.3174.6135.3101.489.869.449.4 
Revenues  409.7374.4326.8281.1253.5214.9160.2118.2
            Revenue growth   [+]9.4%14.6%16.3%10.9%18.0%34.1%35.6%38.4%
Cost of goods sold  152.4136.5126.2105.596.082.967.052.8
Gross profit  257.3238.0200.6175.6157.5132.093.165.4
            Gross margin  62.8%63.6%61.4%62.5%62.1%61.4%58.1%55.3%
Selling, general and administrative   [+]244.0209.1180.5162.6126.7101.8109.174.6
Other operating expenses  5.1-5.52.2-9.2-28.9-12.3 11.3
EBITDA   [+]10.636.719.724.061.544.4-14.2-19.0
            EBITDA margin  2.6%9.8%6.0%8.6%24.3%20.7%-8.9%-16.1%
Depreciation and amortization  2.52.41.81.91.82.01.81.5
EBIT   [+]8.134.317.922.159.742.4-16.0-20.5
            EBIT margin  2.0%9.2%5.5%7.9%23.5%19.8%-10.0%-17.3%
Non-recurring items   [+] 7.5  30.117.2-29.921.4
Interest expense, net   [+]4.31.60.10.432.543.413.40.8
Other income (expense), net   [+]0.0-5.8-1.72.4-59.0-30.6-12.0-1.1
Pre-tax income  3.819.416.224.1-62.0-48.7-11.4-43.8
Income taxes  6.3-55.84.62.72.01.31.51.5
            Tax rate  165.2% 28.3%11.3%    
Earnings from continuing ops  0.045.2-15.2-4.0-74.6-50.0-22.9-45.3
Earnings from discontinued ops  -2.5       
Net income  -2.545.2-15.2-4.0-74.6-50.0-22.9-45.3
            Net margin  -0.6%12.1%-4.7%-1.4%-29.4%-23.3%-14.3%-38.3%
   
Basic EPS   [+]$0.00$0.54($0.21)($0.06)($1.22)($1.55)($0.95)($1.87)
Diluted EPS   [+]$0.00$0.51($0.21)($0.06)($1.22)($1.55)($0.95)($1.87)
   
Dividends per share   [+] $0.03      
   
Shares outstanding (basic)   [+]87.784.371.266.161.432.224.324.2
Shares outstanding (diluted)   [+]87.789.071.266.161.432.224.324.2
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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