Rimini Historical Income Statement
RMNI Stock | USD 2.05 0.05 2.50% |
Historical analysis of Rimini Street income statement accounts such as Gross Profit of 168.2 M, Other Operating Expenses of 263.5 M, Operating Income of 56.3 M or Net Income From Continuing Ops of 12 M can show how well Rimini Street performed in making a profits. Evaluating Rimini Street income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Rimini Street's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Rimini Street latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Rimini Street is a good buy for the upcoming year.
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About Rimini Income Statement Analysis
Rimini Street Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Rimini Street shareholders. The income statement also shows Rimini investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Rimini Street Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Rimini Street generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Rimini Street. It is also known as Rimini Street overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Cost Of Revenue
Cost of Revenue is found on Rimini Street income statement and represents the costs associated with goods and services Rimini Street provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from Rimini Street's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Rimini Street current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rimini Street. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Rimini Stock please use our How to Invest in Rimini Street guide.As of now, Rimini Street's Net Income From Continuing Ops is increasing as compared to previous years. The Rimini Street's current EBIT is estimated to increase to about 50 M, while Selling General Administrative is projected to decrease to under 52.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 192.7M | 218.4M | 215.4M | 157.9M | Cost Of Revenue | 136.5M | 152.4M | 162.5M | 105.9M |
Rimini Street income statement Correlations
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Rimini Street Account Relationship Matchups
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Rimini Street income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | (2.3M) | 1.8M | 2.4M | 2.5M | 2.8M | 3.0M | |
Interest Expense | 398K | 77K | 1.6M | 4.3M | 5.5M | 7.2M | |
Selling General Administrative | 47.4M | 52.2M | 64.2M | 75.4M | 73.0M | 52.9M | |
Total Revenue | 281.1M | 326.8M | 374.4M | 409.7M | 431.5M | 291.8M | |
Gross Profit | 175.9M | 200.6M | 238.0M | 257.3M | 269.0M | 168.2M | |
Other Operating Expenses | 259.8M | 293.2M | 329.1M | 370.8M | 377.9M | 263.5M | |
Operating Income | 22.1M | 25.3M | 26.8M | 30.8M | 53.6M | 56.3M | |
Net Income From Continuing Ops | 17.5M | 13.0M | 75.2M | (2.5M) | 11.4M | 12.0M | |
Ebit | 22.1M | 16.2M | 21.0M | 8.1M | 47.6M | 50.0M | |
Ebitda | 19.8M | 18.0M | 23.4M | 10.6M | 50.4M | 52.9M | |
Cost Of Revenue | 105.1M | 126.2M | 136.5M | 152.4M | 162.5M | 105.9M | |
Total Operating Expenses | 154.6M | 167.0M | 192.7M | 218.4M | 215.4M | 157.9M | |
Income Before Tax | 20.2M | 17.5M | 19.4M | 3.8M | 41.2M | 43.3M | |
Total Other Income Expense Net | (1.9M) | (1.7M) | (7.3M) | (4.3M) | (12.4M) | (13.0M) | |
Net Income Applicable To Common Shares | (7.9M) | (13.8M) | 45.2M | (2.5M) | (2.9M) | (3.0M) | |
Net Income | 17.5M | 11.6M | 75.2M | (2.5M) | 26.1M | 27.4M | |
Income Tax Expense | 2.7M | 4.6M | (55.8M) | 6.3M | 15.2M | 15.9M | |
Tax Provision | 2.7M | 4.6M | (55.8M) | 6.3M | 14.3M | 15.0M | |
Selling And Marketing Expenses | 107.3M | 114.7M | 128.5M | 143.0M | 142.3M | 116.3M | |
Non Recurring | (8.0M) | 14.6M | 7.5M | 2.5M | 2.3M | 2.2M | |
Net Interest Income | (141K) | (53K) | (1.5M) | (4.0M) | (5.2M) | (5.5M) | |
Interest Income | 257K | 24K | 55K | 228K | 3.7M | 3.9M | |
Non Operating Income Net Other | (1.5M) | (258K) | (5.8M) | (13K) | (15.0K) | (15.7K) | |
Reconciled Depreciation | 1.9M | 8.0M | 8.5M | 8.0M | 7.4M | 5.9M |
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When determining whether Rimini Street offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rimini Street's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rimini Street Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rimini Street Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rimini Street. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Rimini Stock please use our How to Invest in Rimini Street guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Rimini Street. If investors know Rimini will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Rimini Street listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.83) | Earnings Share (0.38) | Revenue Per Share 4.734 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0689 |
The market value of Rimini Street is measured differently than its book value, which is the value of Rimini that is recorded on the company's balance sheet. Investors also form their own opinion of Rimini Street's value that differs from its market value or its book value, called intrinsic value, which is Rimini Street's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rimini Street's market value can be influenced by many factors that don't directly affect Rimini Street's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rimini Street's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rimini Street is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rimini Street's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.