Rimini Street (FRA:0QH) PB Ratio : (As of Apr. 04, 2026)
This article analyzes Rimini Street's (FRA:0QH) Price-to-Book (PB) Ratio as of April 4, 2026. The company's current share price is €2.88, and its Book Value per Share for December 2025 was €-0.25, resulting in a negative PB Ratio which is not directly calculated. GuruFocus assesses Rimini Street as "Modestly Overvalued" with a GF Value of €2.52 compared to its current price.
Lotte Rental to provide support for its Oracle and SAP systems with Rimini Street
Lotte Rental, a South Korea-based car rental company, has renewed its partnership with Rimini Street to support its Oracle and SAP systems. This collaboration, which includes a new three-year contract for SAP systems, is expected to save Lotte Rental over 50% on annual support fees. The partnership aims to enable investments in AI-driven initiatives and digital transformation, reinforcing Lotte Rental's goal to maintain its leading position in South Korea's rental car market.
Analysts Offer Insights on Technology Companies: Innodata (INOD), Rimini Street (RMNI) and CoreWeave (CRWV)
Three analysts have issued bullish sentiments on technology companies Innodata (INOD), Rimini Street (RMNI), and CoreWeave (CRWV). Craig-Hallum maintained a Buy rating for Innodata with a 163.2% upside potential, and also a Buy rating for Rimini Street. Northland Securities reiterated a Buy rating for CoreWeave with a 43.7% upside.
Analysts Offer Insights on Technology Companies: Innodata (INOD), Rimini Street (RMNI) and CoreWeave (CRWV)
Three analysts recently provided bullish insights on technology companies Innodata (INOD), Rimini Street (RMNI), and CoreWeave (CRWV). George Sutton from Craig-Hallum maintained a Buy rating on Innodata with a consensus price target suggesting a significant upside. Albert Lowe, also from Craig-Hallum, reiterated a Buy rating on Rimini Street, while Nehal Chokshi from Northland Securities re-affirmed a Buy rating on CoreWeave, noting a substantial potential upside.
Rimini Street Amends Credit Agreement, Updates Capital Return Limits
Rimini Street (RMNI) recently amended its credit agreement with Capital One, revising the limits on "Restricted Payments," which include share repurchases and similar equity payouts. Starting from fiscal year 2026, these payments are capped at $20 million annually, with a total aggregate limit of $50 million for payments made on or after January 1, 2026. This amendment clarifies the company's capital return flexibility, with Spark, TipRanks' AI Analyst, rating RMNI as Neutral due to mixed financials.
Rimini Street Announces Debt Reduction and Amendment to its Credit Agreement
Rimini Street, Inc. announced debt reduction activities totaling $10.9 million in the first quarter of 2026, lowering its outstanding term loan to $58.4 million. The company also amended its credit agreement to increase the annual common stock repurchase limit to $20.0 million and the total permitted repurchases to $50.0 million through April 2029, reinforcing its commitment to shareholder value. Seth Ravin, CEO, highlighted these actions as part of a disciplined resource deployment strategy.
Rimini Street Announces Debt Reduction and Amendment to its Credit Agreement
Rimini Street, Inc. (Nasdaq: RMNI) announced significant debt reduction activities and an amendment to its credit agreement. The company reduced its outstanding term loan by $10.9 million in the first quarter of 2026, bringing it to $58.4 million. Additionally, the credit agreement now allows for an increased annual common stock repurchase of up to $20.0 million, with a total of $50.0 million permitted through April 2029.
Lotte Rental acelera el crecimiento y la innovación con una alianza de varios años con Rimini Street
Lotte Rental, la empresa líder de alquiler de autos de Corea del Sur, ha establecido una alianza de varios años con Rimini Street para soporte de sus sistemas Oracle y SAP. Esta colaboración permite a Lotte Rental un ahorro significativo en costos de soporte, superando el 50%, y le brinda el apoyo de ingenieros de soporte dedicados. La eficiencia y los ahorros obtenidos se reinvertirán en prioridades estratégicas, impulsando el crecimiento y la innovación en áreas como la inteligencia artificial y la movilidad ESG.
Rimini Street (RMNI) Reduces Debt and Amends Credit Agreement
Rimini Street (RMNI) has taken steps to improve its financial position by reducing its outstanding term loan debt by $10.9 million, bringing the balance to $58.4 million. The company also amended its credit agreement to allow for annual stock repurchases of up to $20 million, with a total authorization of $50 million until April 2029. Despite these moves, the company presents a mixed financial picture, including a declining operating margin and an Altman Z-Score indicating potential distress.
Rimini Street reduces debt by $10.9M, amends credit pact
Rimini Street Inc. (NASDAQ:RMNI) has reduced its debt by $10.9 million in Q1 2026, bringing its outstanding term loan to $58.4 million. The company also amended its credit agreement to increase the annual limit on common stock repurchases to $20.0 million for fiscal year 2026 and set a total repurchase limit of $50.0 million through April 2029. These actions aim to enhance shareholder value through strategic financial management.
Rimini Street Amends Credit Agreement, Updates Capital Return Limits
Rimini Street (RMNI) has amended its credit agreement with Capital One, setting new limits on "Restricted Payments" such as share repurchases. Starting 2026, these payments are capped at $20 million annually, and total payments from January 1, 2026, cannot exceed $50 million, replacing previous EBITDA-based limits. This clarification impacts the company's capital return flexibility, with Spark's AI Analyst rating RMNI as Neutral due to mixed financials.
After $10.9M debt cut, Rimini Street can repurchase up to $50M
Rimini Street (Nasdaq: RMNI) announced a debt reduction of $10.9 million in the first quarter of 2026, bringing its outstanding term loan to $58.4 million. The company also amended its credit agreement to allow for up to $20.0 million in stock repurchases annually, with a total of $50.0 million permitted through April 2029. This strategic move aims to enhance shareholder value through debt reduction and share repurchases.
Rimini Street (Nasdaq: RMNI) resets caps on share buybacks and payouts
Rimini Street, Inc. (Nasdaq: RMNI) has amended its credit agreement with Capital One and other lenders to revise the limits on "Restricted Payments," including share repurchases. Effective fiscal year 2026, annual Restricted Payments are capped at $20 million, and a total aggregate cap of $50 million applies to payments made from January 1, 2026, onwards. This shifts from a previous hybrid formula involving LTM Consolidated EBITDA, providing clear fixed ceilings for such payouts.
Rimini Street Amends Credit Agreement, Sets $20M Annual and $50M Aggregate Restricted Payment Caps
Rimini Street (RMNI) has amended its credit agreement to allow for greater flexibility in Restricted Payments, including share repurchases. Starting in fiscal 2026, the company can make up to $20 million in Restricted Payments annually, with an aggregate cap of $50 million for payments made on or after January 1, 2026. This amendment aims to provide more capital allocation flexibility under its existing facility with Capital One and other lenders.
RMNI PE Ratio & Valuation, Is RMNI Overvalued
This article analyzes Rimini Street Inc (RMNI)'s valuation, determining it is in the "Fair zone" with a forward PE ratio of 12.68, compared to its five-year average of 11.06. The fair price is estimated between $2.27 and $3.94 using a relative valuation method. Despite a P/S ratio below the industry average, its revenue growth of -3.87% makes this premium appear unsustainable.
Lotte Rental Speeds Growth and Innovation with Multiyear Partnership with Rimini Street
Lotte Rental, South Korea's leading car rental company, has partnered with Rimini Street to support its Oracle and SAP systems, aiming to accelerate growth and innovation. This multiyear agreement is expected to result in over 50% savings in annual support fees, enabling Lotte Rental to reinvest in strategic priorities such as AI, ESG mobility services, and cloud capabilities. The partnership highlights Rimini Street's role in helping companies achieve operational excellence and digital transformation while avoiding costly upgrades.
Lotte Rental Speeds Growth and Innovation with Multiyear Partnership with Rimini Street
Lotte Rental, South Korea's leading car rental company, has partnered with Rimini Street for multiyear support of its Oracle and SAP systems. This collaboration aims to cut IT costs by over 50%, enhance system flexibility, and accelerate digital transformation through long-term savings and robust services. The savings will be reinvested into strategic priorities like AI, ESG mobility services, and cloud capabilities to drive growth and innovation.
Rimini Street CEO urges change in enterprise ERP upgrade models
Rimini Street CEO Seth Ravin criticizes outdated forced upgrade models in ERP systems, advocating for pragmatic innovation strategies. He emphasizes that companies should adopt modernization paths tailored to their individual business needs rather than complying with vendor-driven practices. This discussion highlights Rimini Street's commitment to flexible support solutions and comes as companies reconsider their established vendor relationships and support models, especially in light of recent challenges faced by ERP providers like SAP.
ERP is dead, says Rimini Street CTO. Do we believe him?
Rimini Street CTO Eric Helmer provocatively claims that traditional ERP software is dead, asserting that agentic AI is ushering in a new era for enterprise systems. He suggests that while core business processes remain unchanged, the architectural approach to ERP is evolving, moving away from monolithic systems towards "best-fit" solutions integrated through AI. Helmer envisions a future where ERP acts merely as a data source within a broader, AI-orchestrated ecosystem, leading to faster innovation, lower costs, and greater control for businesses.
Rimini Street warns Oracle Database support gaps risk costly IT disruptions
Rimini Street has issued a warning that gaps in Oracle Database support are leading to increased maintenance costs, limited returns, and frustrating IT leaders due to delays, unplanned downtime, and stalled projects. This situation forces IT departments to prioritize operational stability over innovation. Consequently, enterprises are seeking solutions that offer more tangible value for their support investments.
Rimini Street Wins Multiple Stevie® Awards for Sales & Customer Service Excellence
Rimini Street, Inc. (Nasdaq: RMNI) has won three Stevie Awards for Sales & Customer Service excellence, including a Gold Stevie for Best Use of AI in Customer Service. The awards recognize Rimini Street's AI-enhanced human service platform, its "people-first" approach to IT support, and its customer satisfaction strategy. The company highlighted its proprietary AI applications and its commitment to client success and innovation.
Rimini Street Wins Multiple Stevie® Awards for Sales & Customer Service Excellence
Rimini Street has been recognized with multiple Stevie® Awards for sales and customer service excellence. This achievement highlights the company's commitment to delivering high-quality service and sales performance. The awards signify industry recognition of Rimini Street's success in these key business areas.
Agentic AI ERP from Rimini Street aims to orchestrate teams and drive process efficiencies
Rimini Street has launched its new Agentic AI ERP solution, designed to boost efficiency in enterprise resource planning across various departments like finance, supply chain, HR, and operations. This solution automates workflows, improves team collaboration, and eliminates manual processes to enhance business management. The company positions this offering as a significant step towards more agile operations and increased productivity for its users.
Rimini Street helps firms optimize legacy IT systems
Rimini Street, Inc. helps companies optimize their existing IT systems and prepare them for innovation, especially concerning AI investments. A recent survey revealed that many CFOs are dissatisfied with technology investments due to rising costs and limited flexibility, stemming from a lack of clear strategic roadmaps and inadequate data infrastructure for AI. Rimini Street offers vendor-independent support and advisory services to address these challenges, freeing up funds for strategic initiatives like digital transformation and AI deployment.
Rimini Street Conference: CEO Seth Ravin Says AI Won’t Replace ERP Soon, Targets “Agentic” Gains
During a recent conference, Rimini Street CEO Seth Ravin argued that AI will not rapidly replace Enterprise Resource Planning (ERP) systems due to their scale, compliance needs, and extensive codebases. Instead, Rimini Street is focusing on integrating "agentic" AI solutions into existing ERP environments to reduce labor and accelerate deployments. This strategy aims to gradually augment mission-critical platforms rather than replacing them, a sentiment echoed by other panelists who believe investor anxiety about rapid AI replacement has outpaced reality.
Rimini Street Wins Multiple Stevie® Awards for Sales & Customer Service Excellence
Rimini Street, Inc. received three Stevie Awards for Sales & Customer Service, including a Gold Stevie for Best Use of AI in Customer Service, a Silver Stevie for Front-Line Customer Service Team of the Year in the Technology Industry, and a Bronze Stevie for Best Customer Satisfaction Strategy. These awards recognize Rimini Street's innovative use of AI to enhance human-led support, its dedicated global service delivery team, and its client-centric approach to IT support. The company's commitment to personalized service, rapid response times, and strategic alignment with client business goals earned it these significant industry honors.
Rimini Street Wins Multiple Stevie® Awards for Sales & Customer Service Excellence
Rimini Street, Inc. (Nasdaq: RMNI) has won three Stevie® Awards for Sales & Customer Service Excellence, including a Gold Stevie for Best Use of AI in Customer Service. The company was also recognized with a Silver Stevie for its Front-Line Customer Service Team of the Year and a Bronze Stevie for its Best Customer Satisfaction Strategy. These awards highlight Rimini Street's innovative approach to combining AI with human expertise to deliver exceptional enterprise software support.
Rimini Street urges manufacturers to modernize ERP strategies beyond SAP Cloud
Rimini Street is advising manufacturers to reconsider their reliance on SAP Cloud ERP for Industry 4.0 competitiveness. The company instead promotes "Agentic AI ERP" as a strategy to prolong the utility of existing SAP systems, offering a more flexible and cost-effective approach to digital transformation. This perspective comes as SAP itself faces challenges with cloud order surges not fully offsetting backlog shortfalls.
Lwart Environmental Solutions Expands Long-Standing Relationship with Rimini Street, Consolidating VMware and SAP Support to Regain Control of Licensing and Roadmap Decisions
Lwart Environmental Solutions has expanded its partnership with Rimini Street, consolidating its VMware and SAP support to regain control over licensing and technology roadmaps. This move allows Lwart to avoid vendor-forced upgrades, reduce IT costs, and redirect resources towards business innovation, freeing their IT team to focus on customer needs and operational improvements. The decision was accelerated by significant changes to VMware licensing following Broadcom's acquisition, which would have nearly tripled Lwart's costs.
Rimini Street urges enterprises to address inefficient software processes and reduce maintenance costs
Rimini Street is advising businesses to tackle inefficient software processes and high maintenance costs. The company asserts that complex enterprise software can lead to unnecessary expenses and time burdens, emphasizing the need for an optimized technology stack to control costs and streamline operations. This aligns with their prior recommendations for strategic technology planning and cost control in enterprise software.
Lwart Environmental Solutions Expands Long-Standing Relationship with Rimini Street, Consolidating Support for VMware and SAP to Regain Control of Licensing and Roadmap Decisions
Lwart Environmental Solutions, a global leader in oil re-refinery, has expanded its partnership with Rimini Street to consolidate support for its VMware and SAP systems. This move allows Lwart to regain control over software licensing and roadmap decisions, circumventing forced upgrades and cost increases, particularly following Broadcom's acquisition of VMware. The partnership aims to stabilize core systems, reduce IT operating costs, and redirect savings towards business innovation and operational improvements.
Rimini Street Announces Participation in the ROTH Capital Partners 38th Annual Investor Conference
Rimini Street, Inc. (Nasdaq: RMNI) announced its participation in the ROTH Capital Partners 38th Annual Investor Conference on March 23 and 24, 2026. CEO Seth Ravin and Dean Pohl will engage in one-on-one meetings, with Ravin also joining a panel discussion on "Software: Risks, Opportunities & Realities of the AI Emergence." The company, a global provider of enterprise software support and AI ERP solutions, invites investors to schedule meetings.
Rimini Street Announces Participation in the ROTH Capital Partners 38th Annual Investor Conference
Rimini Street, Inc. will participate in the ROTH Capital Partners 38th Annual Investor Conference on March 23 and 24, 2026, in Laguna Niguel, California. CEO Seth Ravin and Dean Pohl will engage in one-on-one meetings, and Ravin will join a panel discussion on "Software: Risks, Opportunities & Realities of the AI Emergence." The company specializes in end-to-end enterprise software support, managed services, and Agentic AI ERP innovation solutions.
Rimini Street Announces Participation in the ROTH Capital Partners 38th Annual Investor Conference
Rimini Street, Inc. announced its participation in the ROTH Capital Partners 38th Annual Investor Conference on March 23-24, 2026. CEO Seth Ravin and VP of Investor Relations Dean Pohl will be involved in one-on-one and small group meetings, with Ravin also participating in a panel discussion titled "Software: Risks, Opportunities & Realities of the AI Emergence." The company, a global provider of enterprise software support and Agentic AI ERP innovation solutions, invites interested parties to schedule meetings or visit its investor relations website for more details.
Rimini Street, Inc. - Common Stock (NQ: RMNI)
This article provides a list of recent press releases concerning Rimini Street, Inc. (RMNI), detailing various company activities such as new appointments, regional expansions, certifications for workplace excellence, new service offerings, and financial results. It covers news from February 2024 back to June 2023, showcasing the company's continuous developments in IT support and consulting services for enterprise software. The stock recorded a slight decrease of 0.050 points, trading at 3.240.
Rimini Street Announces Participation in the ROTH Capital Partners 38th Annual Investor Conference
Rimini Street, Inc. (Nasdaq: RMNI) announced its participation in the ROTH Capital Partners 38th Annual Investor Conference on March 23 and 24, 2026. CEO Seth Ravin and Dean Pohl, VP of treasurer and investor relations, will attend one-on-one and small group meetings, with Ravin also participating in an AI-focused panel discussion. The company, a global provider of enterprise software support and Agentic AI ERP innovation solutions, encourages scheduling meetings through ROTH Capital or Rimini Street IR.
Rimini Street, Inc.: Lwart Environmental Solutions Expands Long-Standing Relationship with Rimini Street, Consolidating Support for VMware and SAP to Regain Control of Licensing and Roadmap Decisions
Lwart Environmental Solutions, a leading oil re-refinery, has expanded its partnership with Rimini Street to include support for VMware and SAP systems. This move allows Lwart to regain control over software licensing and roadmap decisions, avoid forced upgrades, and redirect IT savings toward business innovation. The partnership builds on nearly a decade of trusted support for SAP systems and addresses increased VMware licensing costs following Broadcom's acquisition.
Mink Brook Asset Management LLC Acquires 699,574 Shares of Rimini Street, Inc. $RMNI
Mink Brook Asset Management LLC significantly increased its stake in Rimini Street, Inc. (NASDAQ:RMNI) during the third quarter, acquiring an additional 699,574 shares to bring its total to 749,574 shares. This move makes Rimini Street the 12th largest holding in Mink Brook's portfolio, representing approximately 2.4% of its assets. Despite this institutional buying, insiders, including CEO Seth A. Ravin and EVP Kevin Maddock, have sold a notable amount of shares recently, totaling 170,128 shares over the last 90 days.
SAP new cloud order surge fails to offset backlog miss for Rimini Street
SAP's cloud business experienced a setback in Q4 as its cloud backlog did not meet market expectations, leading to a 52-week low in share prices for Rimini Street. This was attributed to currency pressures and large deals booked late in the quarter, despite SAP Business AI driving two-thirds of new cloud orders. Investors are now focused on SAP's ability to regain cloud momentum in the coming quarters amidst broader industry challenges.
AI at Rimini Street: A Computer Weekly Downtime Upload podcast
Rimini Street CEO Seth Ravin discusses how AI is transforming the company's support operations, leading to a 30% increase in efficiency and faster customer response times. Ravin emphasizes that AI enhances human engineers rather than replacing them, allowing for more accurate case routing and quicker resolution. He also shares his personal experience with AI tools like Microsoft Copilot and Gemini, highlighting their utility for research and learning, while advocating for a healthy skepticism regarding AI-drawn conclusions.
Rimini Street EVP Perica sells $11.7k in shares
Rimini Street's EVP and CFO, Michael L. Perica, sold 3,140 shares of common stock for $11,676 on March 3, 2026, while also exercising options on 6,667 Restricted Stock Units at a transaction price of $0. This comes as the stock experienced an 8.4% decline over the past week. Concurrently, Tidewater Inc. expanded its partnership with Rimini Street to enhance global ERP support, extending beyond Oracle PeopleSoft to include SAP systems and new tax software solutions.
Form 4 Rimini Street Inc For: 11 March
This article announces the filing of Form 4 for Rimini Street Inc. on March 11. It provides no further details about the content of the filing and is primarily composed of various financial market data, navigation links, and popular news headlines from Investing.com.
Rimini Street CEO Ravin sells shares worth $189,734 By Investing.com
Rimini Street CEO Ravin Seth A. sold 52,085 shares of common stock for a total of $189,734 in "sell-to-cover" transactions related to tax obligations. Following these transactions, including acquisitions, conversions, and donations, Ravin Seth A. directly owns 755,326 shares and indirectly owns 10,491,309 shares. The company, trading near the transaction price at $3.62, is considered undervalued with "GOOD" financial health by InvestingPro.
Rimini Street (RMNI) CMO RSU vesting triggers small tax-driven share sale
Rimini Street's EVP & Chief Marketing Officer, David W. Rowe, reported on March 9, 2026, the vesting of 333 Restricted Stock Units (RSUs) into common stock. Concurrently, 148 shares were automatically sold to cover tax withholding obligations, as per company policy. Following these transactions, Rowe directly holds 467,890 shares of Rimini Street common stock.
Rimini Street EVP Maddock sells $26,260 in shares
Kevin Maddock, EVP and Chief Recurring Revenue Officer at Rimini Street, Inc. (NASDAQ:RMNI), sold 7,209 shares of common stock for a total of $26,260 on March 4, 2026. These "sell-to-cover" transactions were automatically triggered to meet tax obligations, not initiated by Maddock. Following the sales, Maddock directly owns 187,478 shares of Rimini Street.
Rimini Street, Inc. (NASDAQ:RMNI) Q4 2025 earnings call transcript
This article provides the Q4 2025 earnings call transcript for Rimini Street, Inc. (NASDAQ:RMNI). Earnings call transcripts typically contain forward-looking statements and financial performance discussions. It is important to note that these transcripts may be edited for readability.
Rimini Street (NASDAQ: RMNI) CEO reports equity awards, tax sales and 115K-share gift
Rimini Street (NASDAQ: RMNI) President, CEO & Chairman Ravin Seth A. reported multiple equity transactions on March 4, 2026, including the acquisition of 68,964 shares from vested Restricted Stock Units and 56,322 shares from vested Performance Units. He also sold 52,085 common shares at $3.6428 each in "sell-to-cover" transactions for tax withholding and made a gift of 115,000 common shares. Following these transactions, he directly holds 640,326 shares and indirectly holds 10,491,309 shares through the SAR Trust, along with remaining RSUs and Performance Units.
Rimini Street (RMNI) EVP logs award vesting and tax sell-to-cover sales
Rimini Street, Inc.'s EVP & Chief Client Officer, Nancy Lyskawa, reported equity award vesting and subsequent "sell-to-cover" stock sales for tax withholding. She acquired 11,493 shares from vested Restricted Stock Units and 5,632 from vested Performance Units. To cover tax obligations, 5,337 shares were automatically sold at $3.6428 per share, a transaction she did not initiate.
Rimini Street (RMNI) CFO reports equity vesting and automatic tax sell-to-cover trades
Michael L. Perica, EVP & CFO of Rimini Street (RMNI), reported equity award vesting events on March 4, 2026, acquiring 38,313 shares from Restricted Stock Units and 18,774 shares from Performance Units. Concurrently, 24,879 shares were sold at $3.6428 each in automatic "sell-to-cover" transactions to fulfill tax withholding obligations, which Mr. Perica did not initiate. Following these transactions, his direct ownership totaled 127,885 shares of Rimini Street common stock.
Rimini Street (NASDAQ: RMNI) EVP logs RSU vesting and automatic tax-related share sales
Kevin Maddock, EVP and Chief Recurring Revenue Officer at Rimini Street (NASDAQ: RMNI), reported the vesting of 11,493 Restricted Stock Units and 5,632 Performance Units on March 4, 2026. To cover tax obligations, 7,209 shares were automatically sold at $3.6428, a transaction Maddock did not initiate. Following these automatic sales, Maddock directly owns 187,478 shares of common stock, in addition to further unvested RSUs and Performance Units.
