Rimini street, inc. (RMNI)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15
Revenue

78,032

-

-

-

65,873

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenue

-

-

68,952

67,956

-

67,707

62,629

62,649

59,805

57,904

53,611

52,048

49,070

-

-

-

-

-

-

-

-

Cost of revenue

30,199

30,320

25,915

25,034

23,837

24,136

22,220

26,084

23,541

24,896

20,109

19,537

18,356

-

-

-

-

-

-

-

-

Gross profit

47,833

45,808

43,037

42,922

42,036

43,571

40,409

36,565

36,264

33,008

33,502

32,511

30,714

-

-

-

-

-

-

-

-

Operating costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

402

821

1,066

-

81

33

9

Operating expenses:
Sales and marketing

28,412

29,670

26,716

26,345

23,955

27,599

22,312

23,097

20,207

19,074

17,188

15,801

14,696

-

-

-

-

-

-

-

-

General and administrative

12,001

12,705

10,472

11,266

12,988

7,268

8,585

10,324

10,805

9,360

8,580

8,928

9,276

-

-

-

-

-

-

-

-

Litigation costs and related recoveries:
Professional fees and other costs of litigation

2,752

1,875

3,642

444

2,041

5,124

6,990

9,113

8,899

-

-

-

-

-

-

-

-

-

-

-

-

Litigation appeal refunds

0

-

-

-

12,775

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Insurance costs and recoveries, net

921

-

-

-

4,639

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Litigation costs and related recoveries, net

-3,673

6,680

0

0

6,095

-5,124

0

0

21,285

-249

-365

-301

-3,945

-

-

-

-

-

-

-

-

Insurance costs and recoveries, net

-

-

339

300

-

0

0

0

7,583

-

-

-

-

-

-

-

-

-

-

-

-

Litigation costs and related recoveries, net

-

1,814

3,303

144

-

5,124

6,990

9,113

-19,969

-

-

-

-

-

-

-

-

-

-

-

-

Total operating expenses

44,086

44,189

40,491

37,755

30,848

39,991

37,887

42,534

11,043

28,683

26,133

25,030

27,917

-

-

-

-

-

-

-

-

Operating income

3,747

1,619

2,546

5,167

11,188

3,580

2,522

-5,969

25,221

4,325

7,369

7,481

2,797

16,222

-402

-821

-1,066

-41,761

-81

-33

-9

Non-operating expenses:
Interest income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

55

177

161

-

29

35

0

Unrealized (loss) gain on marketable securities held in Trust Account

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-103

103

-

0

0

0

Non-operating income and (expenses):
Interest expense

13

-

-

-

232

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense

-

23

27

116

-

299

9,499

9,323

13,409

9,728

9,152

14,541

9,936

-

-

-

-

-

-

-

-

Other debt financing expenses

-

-

0

0

-

0

48,375

1,339

8,617

3,657

2,563

10,859

1,282

-

-

-

-

-

-

-

-

Loss from change in fair value of redeemable warrants

-

-

-

-

-

0

-

-

-

2,285

5,817

7,648

602

-

-

-

-

-

-

-

-

Gain from change in fair value of embedded derivatives

-

0

0

0

-

0

7,800

-6,700

500

8,200

1,400

-700

-5,100

-

-

-

-

-

-

-

-

Other income (expenses), net

-218

-866

-329

-343

43

-520

-306

-1,568

328

-102

108

225

89

-

-

-

-

-

-

-

-

Income (loss) before income taxes

-

730

-

-

-

2,761

-

-

-

-3,247

-8,655

-26,042

-14,034

-

-

-

-

-

-

-

-

Income before income taxes

3,516

-

2,190

4,708

10,999

-

-47,858

-24,899

4,023

-

-

-

-

-

-

-

-

-

-

-

-

Income tax expense

971

937

451

621

705

419

510

547

516

676

385

-183

441

-

-

-

-

-

-

-

-

Net income

2,545

-207

1,739

4,100

10,294

2,342

-48,368

-25,446

3,507

-3,923

-9,040

-25,859

-14,475

-11,039

-347

-747

-802

-45,209

-51

1

-9

Other comprehensive income (loss):
Other comprehensive income:
Foreign currency translation gain (loss)

-813

469

-262

-70

1

29

-377

-315

-37

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive income

1,732

1,878

1,477

4,017

10,295

6,385

-48,745

-25,761

3,470

-

-

-

-

-

-

-

-

-

-

-

-

Net loss

2,545

-207

1,739

4,100

10,294

2,342

-48,368

-25,446

3,507

-3,923

-9,040

-25,859

-14,475

-

-347

-

-

-

-

-

-

Net loss attributable to common stockholders

-4,085

-6,780

-4,780

-2,233

3,488

-3,597

-53,070

-25,446

3,507

-3,923

-9,040

-25,859

-14,475

-

-

-

-

-

-

-

-

Net income (loss) per share attributable to common stockholders:
Net loss per share applicable to common stockholders (basic and diluted) (in dollars per share)

-

-

-0.07

-

-

-

-0.85

-

-

-

-

-

-

-0.60

-0.06

-0.14

-0.15

-1.86

-0.01

0.00

0.00

Basic (usd per share)

-0.06

-

-

-0.03

0.05

-

-

-0.43

0.06

-

-

-

-

-

-

-

-

-

-

-

-

Diluted (usd per share)

-0.06

-

-

-0.03

0.05

-

-

-0.43

0.05

-

-

-

-

-

-

-

-

-

-

-

-

Weighted average number of shares of Common Stock outstanding:
Basic (shares)

67,863

-

-

-

64,622

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic (shares)

-

-

-

65,535

-

-

-

59,800

59,393

-

-

-

-

-

-

-

-

-

-

-

-

Diluted (shares)

67,863

-

-

65,535

69,101

-

-

59,800

68,154

-

-

-

-

-

-

-

-

-

-

-

-

Weighted average number of shares of common stock outstanding (basic and diluted)

-

-

66,696

-

-

-

62,590

-

-

-

-

-

-

80,795

5,506

5,425

5,320

-13,303

5,303

4,346

3,750