Rimini Street Inc Class A (RMNI)

Rimini Street's stock increased by 41.88% over the last six months, but decreased by 3.92% in the past month as of October 24, 2025. The company reported mixed Q1 FY25 results with a slight revenue decline but increased net income. Rimini Street extended support for SAP ECC 6.0 and S/4HANA releases through 2040. OSG Corporation extended its contract with Rimini Street for Oracle EBS systems support through 2029. Rimini Street reported Q2 FY25 diluted GAAP EPS of $0.32, beating estimates due to a litigation settlement with Oracle. Rimini Street was approved as a supplier on the U.S. GSA's Multiple Award Schedule. Rimini Street announced a strategic partnership with American Digital. The company repurchased 891,000 shares of common stock and repaid $10.0 million on its revolving credit line. Rimini Street is scheduled to report its Q3 2025 earnings after market close on October 30, 2025.

Rimini Street's business model, based on subscription support services, suggests a stable revenue stream rather than significant demand seasonality. The company's offerings address ongoing operational needs for critical enterprise systems, with clients seeking services to extend software life and avoid costly upgrades. The focus on long-term contracts and a global support model indicate continuous, year-round service delivery.

Rimini Street, Inc. is a global provider of end-to-end enterprise software support, products, and services, operating within the Technology Services sector. It offers an alternative to traditional software vendor support for applications from Oracle, SAP, IBM, Microsoft, Salesforce, and VMware, helping clients reduce costs, receive better service, and extend software lifespan. Major products and services include Rimini Support for ERP systems, Rimini Manage for enterprise applications, Rimini Consult for professional services, Rimini ONE as an IT outsourcing solution, and Security Solutions and Services to protect enterprise software.

Rimini Street has a global presence with offices and operational centers across the Americas, Europe, the Middle East, Africa, and Asia-Pacific, delivering 24/7/365 support and localized expertise. Its headquarters are in Las Vegas, Nevada, with additional operations in various U.S. states and Hyderabad, India, serving clients worldwide, including Fortune 500, Fortune Global 100, midmarket, public sector, and government organizations.

Rimini Street has maintained a positive brand reputation, receiving the 2024 Tech Cares Award for its corporate social responsibility initiatives. The company received multiple honors at the 19th annual Stevie Awards for Sales & Customer Service and won the 2025 AI Excellence Award. Rimini Street earned Great Place to Work Certifications in Singapore and Japan and was ranked among the Top 50 India's Best Workplaces in IT & IT-BPM 2023. The company consistently reports high client satisfaction, with an average rating of 4.9 out of 5.0.

Rimini Street's ownership is a mix of institutional, insider, and public investors. Institutional investors hold approximately 34% of the shares. Insiders own approximately 65.48% of the company's stock, with CEO Seth Ravin being a major shareholder. The general public holds about 14% of the ownership.