Hello and welcome to my Seeking Alpha page. My name is Jack Elias, and I am a dedicated business student with a fervent passion for the world of investing. With a solid foundation in both theoretical knowledge and practical experience, I bring a unique perspective to the realm of financial analysis.My journey into the world of investing began during my undergraduate studies in Finance at Arizona State University, where I developed a keen interest in dissecting financial markets and evaluating investment opp ...

Group 1 - Rimini Street, Inc. (NASDAQ: RMNI) is a niche player in the enterprise software market, currently involved in legal disputes with Oracle [1] - The company focuses on providing third-party support for enterprise software, which is a significant aspect of its business model [1] - The article emphasizes the potential growth opportunities for Rimini Street amidst its legal challenges, suggesting that the market may not fully recognize its value [1] Group 2 - The author has a strong background in financial modeling and valuation, indicating a thorough analytical approach to evaluating companies like Rimini Street [1] - The focus remains on long-term investing, particularly in sectors such as technology, infrastructure, and internet services, which aligns with Rimini Street's market positioning [1]

Rimini Street (RMNI) FY 2025 Conference May 29, 2025 01:15 PM ET Speaker0 Great. Thanks, everybody. I'm Derek Wood, senior The Rimini Street team here the of Rimini Street, what kinda, really what the kind of value proposition is that you're serving today, and then we'll go in from there. Speaker1 You got it. Rimini Street was founded twenty years ago now. It was founded by our founder that initiated the maintenance business for a division or a platform within Oracle and saw the value proposition that there ...

Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves a ...

Investor Presentation Spring 2025 Property of Rimini Street ©2025 | Proprietary and Confidential 1 LEGAL DISCLAIMER © 2025 Rimini Street, Inc. All rights reserved. "Rimini Street" is a registered trademark of Rimini Street, Inc. in the United States and other countries, and Rimini Street, the Rimini Street logo, and combinations thereof, and other marks marked by TM are trademarks of Rimini Street, Inc. All other trademarks remain the property of their respective owners, and unless otherwise specified, Rimi ...

Rimini Street (RMNI) came out with quarterly earnings of $0.09 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.07 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this company would post earnings of $0.11 per share when it actually produced earnings of $0.12, delivering a surprise of 9.09%.Over the last four quarters, the company has surpassed consensus EPS estimates two times.Rimini Street, which belongs to th ...

Rimini Street (RMNI) Q1 2025 Earnings Call May 01, 2025 05:00 PM ET Company Participants Dean Pohl - VP of Investor Relations & TreasurerSeth Ravin - Founder, Chairman, CEO & PresidentMichael Perica - EVP, CFO & Principal Accounting OfficerBrian Kinstlinger - MD, Director of Research & Head of Technology ResearchCole Erskine - Vice President - Equity Research Operator Good afternoon, ladies and gentlemen, and welcome to the Rimini Street Q1 twenty twenty five Earnings Conference Call. At this time, all line ...

Rimini Street (RMNI) Q1 2025 Earnings Call May 01, 2025 05:00 PM ET Company Participants Dean Pohl - VP of Investor Relations & TreasurerSeth Ravin - Founder, Chairman, CEO & PresidentMichael Perica - EVP, CFO & Principal Accounting OfficerBrian Kinstlinger - MD, Director of Research & Head of Technology ResearchCole Erskine - Vice President - Equity Research Operator Good afternoon, ladies and gentlemen, and welcome to the Rimini Street Q1 twenty twenty five Earnings Conference Call. At this time, all line ...

Rimini Street (RMNI) Q1 2025 Earnings Call May 01, 2025 05:00 PM ET Speaker0 Good afternoon, ladies and gentlemen, and welcome to the Rimini Street Q1 twenty twenty five Earnings Conference Call. At this time, all lines are in a listen only mode. Following the presentation, we will conduct a question and answer session. If at any time during this call you require immediate assistance, please press 0 for the operator. This call is being recorded today, Thursday, 05/01/2025. I would now like to turn the confe ...

Financial Performance - Gross margin for Q1 2025 was 61.0%, up from 59.8% in the prior year[5] - Net income for Q1 2025 was $3.4 million, compared to $1.3 million in the prior year[5] - Revenue for Q1 2025 was $104.2 million, a decrease of 2.4% compared to $106.7 million in the same period last year[5] - Total revenue for Q1 2025 was $104,204, a decrease of 2.3% from $106,745 in Q1 2024[19] - Gross profit for Q1 2025 was $63,534, slightly down from $63,831 in Q1 2024[19] - Operating income increased significantly to $9,361 in Q1 2025, compared to $3,363 in Q1 2024, representing a 178.5% increase[19] - Net income for Q1 2025 was $3,350, up from $1,317 in Q1 2024, marking a 153.5% increase[19] - Non-GAAP operating income for Q1 2025 was $14,450, compared to $8,847 in Q1 2024, reflecting a 63.5% increase[21] - Adjusted EBITDA for Q1 2025 was $15.3 million, compared to $10.7 million in the prior year[5] - Adjusted EBITDA for Q1 2025 was $15,303, up from $10,684 in Q1 2024, indicating a 43.5% increase[21] Revenue Composition - Subscription revenue accounted for 95.0% of total revenue in Q1 2025, down from 97.4% in the prior year[5] - Annualized Recurring Revenue decreased by 4.7% to $396.2 million in Q1 2025 compared to $415.8 million in the same period last year[5] - Annualized Recurring Revenue is calculated based on subscription revenue recognized during the quarter, providing insight into future revenue potential[27] Client Metrics - Active clients increased by 1.7% to 3,092 as of March 31, 2025[5] - Active clients increased, indicating growth in the company's business and effectiveness of sales and marketing strategies[26] Billings and Deferred Revenue - Billings increased by 7.2% year over year to $79.4 million in Q1 2025[5] - The company reported a calculated billings of $79,430 for Q1 2025, an increase from $74,077 in Q1 2024[21] - Deferred revenue at the end of the period was $256,423, compared to $254,306 at the end of Q1 2024, showing a positive trend in revenue recognition[21] Guidance and Litigation - The company is suspending guidance until there is more clarity around impacts from ongoing litigation with Oracle[6] Revenue Retention - Revenue retention rate was 88% for the trailing twelve months ended March 31, 2025, down from 89% for the comparable period[5]