OverviewSuggest Edit

Rimini Street is provider of enterprise software support products and services. The company also operates as a third-party support provider for Oracle and SAP software  products, serving industry analysts, including Gartner, Forrester, Nucleus, and financial analysts.
TypePublic
Founded2005
HQLas Vegas, US
Websiteriministreet.com
Employee Ratings3.4

Latest Updates

Employees (est.) (Dec 2019)1,270(+5%)
Job Openings75
Revenue (FY, 2019)$281.1 M(+12%)
Share Price (Sept 2020)$3.3 (-4%)
Cybersecurity ratingBMore

Key People/Management at Rimini Street

Seth Ravin

Seth Ravin

CEO & Chairman of the Board
Sebastian Grady

Sebastian Grady

President
Gerard Brossard

Gerard Brossard

EVP and Chief Operating Officer
James Butler

James Butler

EVP & Chief Ethics and Compliance Officer
Nancy Lyskawa

Nancy Lyskawa

EVP, Global Client Onboarding
Kevin Maddock

Kevin Maddock

EVP, Global Sales - Recurring Revenue
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Rimini Street Office Locations

Rimini Street has offices in Las Vegas, Chicago, New York, Pleasanton and in 21 other locations
Las Vegas, US (HQ)
3993 Howard Hughes Pkwy #500
Chicago, US
150 N Riverside Plaza #3800
New York, US
5 Pennsylvania Plaza 19th Floor
Pleasanton, US
6601 Koll Center Pkwy #300
Brisbane City, AU
Level 16/200 Mary St
Melbourne, AU
Level 27, Rialto South Tower, 525 Collins Street
Show all (25)

Rimini Street Financials and Metrics

Rimini Street Revenue

Rimini Street's revenue was reported to be $281.05 m in FY, 2019
USD

Revenue (Q2, 2020)

78.4m

Gross profit (Q2, 2020)

48.0m

Gross profit margin (Q2, 2020), %

61.2%

Net income (Q2, 2020)

3.5m

EBIT (Q2, 2020)

5.1m

Market capitalization (23-Sept-2020)

245.6m

Closing stock price (23-Sept-2020)

3.3

Cash (30-Jun-2020)

72.7m

EV

191.2m
Rimini Street's current market capitalization is $245.6 m.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

212.6m252.8m281.1m

Revenue growth, %

19%

Cost of goods sold

82.9m96.0m105.1m

Gross profit

129.7m156.8m175.9m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

59.8m62.6m62.6m66.3m68.0m69.0m78.0m78.4m

Cost of goods sold

23.5m26.1m22.2m23.8m25.0m25.9m30.2m30.4m

Gross profit

36.3m36.6m40.4m42.4m42.9m43.0m47.8m48.0m

Gross profit Margin, %

61%58%65%64%63%62%61%61%
Annual
USDFY, 2016FY, 2017FY, 2018

Cash

1.6k22.0m24.8m

Accounts Receivable

63.5m80.6m

Prepaid Expenses

217.7k8.6m7.1m

Current Assets

219.2k112.1m112.9m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

1.6k1.6k1.6k22.1m24.9m23.5m32.3m49.8m41.7m57.6m72.7m

Accounts Receivable

71.0m63.4m42.5m63.6m71.4m61.8m75.2m63.5m

Prepaid Expenses

256.4k241.0k13.8k8.3m8.7m9.1m8.8m11.5m11.2m15.1m12.5m

Current Assets

258.0k242.6k15.3k133.8m107.6m75.6m118.2m133.2m115.2m160.1m161.1m
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

(2.9m)(53.3m)(68.0m)17.5m

Depreciation and Amortization

2.0m1.8m1.9m

Accounts Payable

43.0k1.2m2.9m(10.5m)

Cash From Operating Activities

(3.5m)29.2m22.4m20.4m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Net Income

(4.3k)(29.4k)(67.0k)3.5m(21.9m)(70.3m)11.8m15.9m17.7m2.5m6.0m

Depreciation and Amortization

484.0k950.0k1.4m494.0k966.0k1.5m449.0k886.0k

Accounts Payable

70.9k(3.0m)737.0k(759.0k)(9.9m)(9.4m)(10.2m)4.0m2.4m

Cash From Operating Activities

(147.2k)(444.9k)(502.1k)18.7m27.2m17.6m6.6m25.0m21.0m26.3m44.2m
USDFY, 2016

Financial Leverage

34.7 x
Show all financial metrics

Rimini Street Operating Metrics

Rimini Street's Active Customers was reported to be 2 k in Q3, 2019.
FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019

Active Customers

1.56 k1.58 k1.62 k1.73 k1.80 k1.85 k1.89 k2.03 k

Countries

100 100

Locations

26 k26 k

Updates Delivered

145 k50 k
Show all operating metrics

Rimini Street Acquisitions / Subsidiaries

Company NameDateDeal Size
Nihon Rimini Street KK
Rimini Street AB
Rimini Street Australia Pty Limited
Rimini Street Brazil Technical Services Ltda.
Rimini Street de Mexico, S. de R.L. de C.V.
Rimini Street France SAS
Rimini Street GmbH
Rimini Street (HK) Ltd.
Rimini Street (HK) Ltd. Taiwan Branch
Rimini Street India Operations Pvt. Ltd.
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Rimini Street Cybersecurity Score

Cybersecurity ratingPremium dataset

B

85/100

SecurityScorecard logo

Rimini Street Revenue Breakdown

Embed Graph

Rimini Street revenue breakdown by geographic segment: 35.4% from International and 64.6% from United States of America

Rimini Street Online and Social Media Presence

Embed Graph

Rimini Street News and Updates

Court Finds Rimini Street Continues To Infringe And Is Entitled To No Damages

REDWOOD SHORES, Calif., Sept. 15, 2020 /PRNewswire/ -- Today, in Rimini Street, Inc. v. Oracle International, the District Court for the District of Nevada ruled decisively in Oracle's favor on seven separate motions for partial summary judgment, granting in full or in part every Oracle...

Oracle BrandVoice: Oracle v. Rimini Street Lawsuit: A Guide

Important updates in the litigation between Oracle and Rimini Street.

Court Orders Rimini Street to Comply with Permanent Injunction Prohibiting Further Infringement

REDWOOD SHORES, Calif., Nov. 7, 2018 /PRNewswire/ -- On Monday, a federal appeals court rejected Rimini Street's motion to stay and effectively delay a permanent injunction issued by the Federal District Court in Nevada. That injunction prohibits Rimini Street from engaging in specific...

Federal Court Rules that Oracle Is Entitled to a Permanent Injunction Against Rimini Street and Awards Attorneys' Fees in Copyright Suit

REDWOOD SHORES, Calif., Aug. 14, 2018 /PRNewswire/ -- Today, for the second time, a Federal Court in Nevada granted Oracle's motion for a permanent injunction against Rimini Street for years of infringement of Oracle's copyrights. In an opinion notable for its strong language condemning...

Rimini Street and GPIAC complete merger

Las Vegas-based Rimini Street, a provider of enterprise software support services, and GP Investments Acquisition Corp, GP Investments’ blank check company, closed their previously announced merger. Rimini Street shareholders received 65.6 million shares of GPIAC common stock at $10 per share. The n…
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Rimini Street Frequently Asked Questions

  • When was Rimini Street founded?

    Rimini Street was founded in 2005.

  • Who are Rimini Street key executives?

    Rimini Street's key executives are Seth Ravin, Sebastian Grady and Gerard Brossard.

  • How many employees does Rimini Street have?

    Rimini Street has 1,270 employees.

  • What is Rimini Street revenue?

    Latest Rimini Street annual revenue is $281.1 m.

  • What is Rimini Street revenue per employee?

    Latest Rimini Street revenue per employee is $221.3 k.

  • Who are Rimini Street competitors?

    Competitors of Rimini Street include DBAK, Panaya and IBM.

  • Where is Rimini Street headquarters?

    Rimini Street headquarters is located at 3993 Howard Hughes Pkwy #500, Las Vegas.

  • Where are Rimini Street offices?

    Rimini Street has offices in Las Vegas, Chicago, New York, Pleasanton and in 21 other locations.

  • How many offices does Rimini Street have?

    Rimini Street has 25 offices.