Rimini Street (RMNI) Change in Acquisitions & Divestments (2022 - 2024)
Rimini Street's (RMNI) quarterly Change in Acquisitions & Divestments came in at $17.3 million in Q1 2024, up 105.86% on a YoY basis from $8.4 million in Q2 2023, and little changed quarter-over-quarter from $17.2 million in Q4 2023.
Analysis
Rimini Street (RMNI) Change in Acquisitions & Divestments (2022 - 2024) Analysis & Trends
Rimini Street (RMNI) has reported Change in Acquisitions & Divestments for 3 consecutive years, with $17.3 million the latest figure, recorded in Q1 2024.
- For the quarter ending Q1 2024, Change in Acquisitions & Divestments rose 105.86% year-over-year to $17.3 million; the trailing twelve-month figure through Dec 2024 stood at $17.3 million (down 57.65% YoY), and the FY2024 full-year result was $17.3 million, down 57.65% from the prior year.
- Change in Acquisitions & Divestments held at $17.3 million in Q1 2024 per RMNI's latest filing, from $17.2 million in the prior quarter.
- Across five years, Change in Acquisitions & Divestments topped out at $17.3 million in Q1 2024 and bottomed at $7.2 million in Q2 2023.
- Historically, Change in Acquisitions & Divestments has averaged $11.5 million across 3 years, with a median of $9.7 million in 2022.
- The sharpest annual moves came in 2023 and 2024: Change in Acquisitions & Divestments surged 54.94% in 2023, then surged 105.86% in 2024.
- Over 3 years, Change in Acquisitions & Divestments stood at $11.1 million in 2022, then soared by 54.94% to $17.2 million in 2023, then grew by 0.49% to $17.3 million in 2024.
- According to Business Quant data, Change in Acquisitions & Divestments over the past three periods registered $17.3 million, $17.2 million, and $8.0 million for Q1 2024, Q4 2023, and Q3 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Infosys | 47.37 Bn | 47.42 Bn | 1.60 Bn |
| 2 | Cognizant Technology Solutions | 28.16 Bn | 27.11 Bn | 1.83 Bn |
| 3 | Cgi | 14.44 Bn | 13.86 Bn | - |
| 4 | EPAM Systems | 6.04 Bn | 5.25 Bn | 429.57 Mn |
| 5 | ExlService Holdings | 5.56 Bn | 5.27 Bn | 225.96 Mn |
| 6 | Science Applications International | 5.32 Bn | 5.20 Bn | 239.00 Mn |
| 7 | Kyndryl Holdings | 2.86 Bn | 850.31 Mn | 776.00 Mn |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn |
| 9 | Innodata | 1.91 Bn | 1.66 Bn | 42.46 Mn |
| 10 | Rimini Street | 467.61 Mn | 343.83 Mn | 67.70 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 17.28 Mn |
| Dec 31, 2023 | 17.20 Mn |
| Sep 30, 2023 | 7.99 Mn |
| Jun 30, 2023 | 7.23 Mn |
| Mar 31, 2023 | 8.40 Mn |
| Dec 31, 2022 | 11.10 Mn |