RIMINI STREET, INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 2.55 USD | -2.30% |
|
-8.93% | -22.02% |
| 05-02 | Transcript : Rimini Street, Inc., Q1 2024 Earnings Call, May 02, 2024 | |
| 05-02 | Earnings Flash (RMNI) RIMINI STREET Posts Q1 Revenue $106.7M, vs. Street Est of $106.2M | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 261 | 337.9 | 519 | 336.3 | 292.3 | 235.9 | - |
| Enterprise Value (EV) 1 | 261 | 337.9 | 519 | 336.3 | 292.3 | 235.9 | 235.9 |
| P/E ratio | -32.3 x | -23.3 x | 11.7 x | -127 x | 11.3 x | 13 x | 7.97 x |
| Yield | - | - | - | - | - | - | - |
| Capitalization / Revenue | 0.93 x | 1.03 x | 1.39 x | 0.82 x | 0.68 x | 0.55 x | 0.53 x |
| EV / Revenue | 0.93 x | 1.03 x | 1.39 x | 0.82 x | 0.68 x | 0.55 x | 0.53 x |
| EV / EBITDA | 9.65 x | 7.93 x | 9.3 x | 6.43 x | 4.06 x | 4.66 x | 4.39 x |
| EV / FCF | 14.1 x | 8.32 x | 8 x | 11 x | - | 12.5 x | 8.97 x |
| FCF Yield | 7.09% | 12% | 12.5% | 9.09% | - | 8.03% | 11.1% |
| Price to Book | - | - | - | - | - | - | - |
| Nbr of stocks (in thousands) | 67,271 | 76,285 | 86,937 | 88,278 | 89,389 | 90,390 | - |
| Reference price 2 | 3.880 | 4.430 | 5.970 | 3.810 | 3.270 | 2.550 | 2.550 |
| Announcement Date | 12/03/20 | 03/03/21 | 02/03/22 | 01/03/23 | 28/02/24 | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 279.3 | 326.8 | 374.4 | 409.7 | 431.5 | 429.5 | 444.9 |
| EBITDA 1 | 27.04 | 42.62 | 55.81 | 52.28 | 71.94 | 50.65 | 53.72 |
| EBIT 1 | 26.83 | 41.07 | 55.01 | 49.79 | 66.12 | 43.13 | 44.47 |
| Operating Margin | 9.61% | 12.57% | 14.69% | 12.15% | 15.32% | 10.04% | 10% |
| Earnings before Tax (EBT) 1 | 20.24 | 17.55 | 19.44 | 3.805 | 41.23 | 28.69 | 32.18 |
| Net income | -7.914 | -13.83 | 45.2 | -2.48 | 26.06 | - | - |
| Net margin | -2.83% | -4.23% | 12.07% | -0.61% | 6.04% | - | - |
| EPS 2 | -0.1200 | -0.1900 | 0.5100 | -0.0300 | 0.2900 | 0.1967 | 0.3200 |
| Free Cash Flow 1 | 18.51 | 40.62 | 64.84 | 30.57 | - | 18.94 | 26.3 |
| FCF margin | 6.63% | 12.43% | 17.32% | 7.46% | - | 4.41% | 5.91% |
| FCF Conversion (EBITDA) | 68.47% | 95.3% | 116.18% | 58.47% | - | 37.41% | 48.95% |
| FCF Conversion (Net income) | - | - | 143.45% | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - |
| Announcement Date | 12/03/20 | 03/03/21 | 02/03/22 | 01/03/23 | 28/02/24 | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 99.28 | 97.91 | 101.2 | 101.9 | 108.6 | 105.5 | 106.4 | 107.5 | 112.1 | 106.7 | 105.4 | 106.3 | 111 | 110.2 | 110.7 |
| EBITDA 1 | 19.27 | 12.89 | 11.02 | 10.04 | 18.34 | 16.58 | 15.79 | 18.24 | 21.33 | 10.68 | 13.21 | 11.74 | 14.61 | 12.37 | 15.22 |
| EBIT 1 | 19.36 | 12.1 | 11.95 | 10.72 | 15.02 | 15.44 | 14.87 | 16.5 | 19.31 | 8.847 | 11.67 | 10.21 | 12.41 | 9.085 | 14.5 |
| Operating Margin | 19.5% | 12.36% | 11.81% | 10.51% | 13.83% | 14.63% | 13.97% | 15.35% | 17.23% | 8.29% | 11.07% | 9.6% | 11.18% | 8.24% | 13.09% |
| Earnings before Tax (EBT) 1 | 10.06 | 5.343 | 3.112 | -0.461 | -4.19 | 9.874 | 9.188 | 10.82 | 11.35 | 2.986 | 7.513 | 7.826 | 10.36 | 7.353 | 8.804 |
| Net income | 70.06 | 3.087 | 0.11 | -0.405 | -5.272 | 5.639 | 4.268 | 6.801 | 9.351 | 1.317 | - | - | - | - | - |
| Net margin | 70.57% | 3.15% | 0.11% | -0.4% | -4.85% | 5.34% | 4.01% | 6.33% | 8.34% | 1.23% | - | - | - | - | - |
| EPS 2 | 0.7700 | 0.0300 | 0.001200 | -0.004600 | -0.0600 | 0.0600 | 0.0500 | 0.0800 | 0.1000 | 0.0100 | 0.0467 | 0.0467 | 0.0667 | 0.0200 | 0.0600 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 02/03/22 | 04/05/22 | 03/08/22 | 02/11/22 | 01/03/23 | 03/05/23 | 02/08/23 | 01/11/23 | 28/02/24 | 02/05/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net Debt | - | - | - | - | - | - | - |
| Net Cash position | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - |
| Free Cash Flow 1 | 18.5 | 40.6 | 64.8 | 30.6 | - | 18.9 | 26.3 |
| ROE (net income / shareholders' equity) | - | - | - | - | - | - | - |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - |
| Assets | - | - | - | - | - | - | - |
| Book Value Per Share | - | - | - | - | - | - | - |
| Cash Flow per Share 2 | 0.3100 | 0.5900 | 0.7500 | 0.4000 | - | 0.2700 | 0.3600 |
| Capex 1 | 1.87 | 1.48 | 2.11 | 4.33 | - | 5.86 | 7.42 |
| Capex / Sales | 0.67% | 0.45% | 0.56% | 1.06% | - | 1.36% | 1.67% |
| Announcement Date | 12/03/20 | 03/03/21 | 02/03/22 | 01/03/23 | 28/02/24 | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B-
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
4
Last Close Price
2.55
USD
Average target price
4
USD
Spread / Average Target
+56.86%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -22.02% | 236M | |
| -13.45% | 189B | |
| +1.32% | 167B | |
| +1.32% | 151B | |
| +3.83% | 99.18B | |
| +21.50% | 73.42B | |
| -8.21% | 70.16B | |
| -19.94% | 52.69B | |
| -8.05% | 44.15B | |
| +7.34% | 36.51B |
- Stock Market
- Equities
- RMNI Stock
- Financials Rimini Street, Inc.
