Rimini Street, Inc. · NASDAQ:RMNI
Rimini Street — Q2 2025 Earnings Presentation
35 slides from Rimini Street's earnings presentation, Jul 31, 2025
Slide 1: Investor Presentation Summer 2025
Investor Presentation Summer 2025 Property of Rimini Street ©2025 | Proprietary and Confidential 1
Slide 2: Legal Disclaimer
LEGAL DISCLAIMER © 2025 Rimini Street, Inc. All rights reserved. “Rimini Street” is a registered trademark of Rimini Street, estimates of our total addressable market and expectations of client savings relative to use of other Inc. in the United States and other countries, and Rimini Street, the Rim
Slide 3: Company Overview
Company Overview Property of Rimini Street ©2025 3
Slide 4: Senior Management Team
Senior Management Team Seth Ravin Michael L. Perica Steve Hershkowitz Nancy Lyskawa David Rowe CEO, President and EVP and Chief Financial Officer Chief Revenue Officer EVP and Chief Client Officer Chief Product Officer, Chief Marketing Chairman of the Board Officer and EVP, Global Transformation Joe
Slide 5: Company Snapshot
Company Snapshot Rimini Street is a global provider of end-to-end enterprise software support, products and services For First Half ended June 30, 2025 Global Platform Revenue Growth Profile TMT 23% Services Founded: 2005 (US$ in millions) 19% Public: Nasdaq: RMNI Global Headquarters: Las Vegas, NV
Slide 6: Market Opportunity
Serviceable Addressable Market Market Opportunity Rimini Global TAM, ITIL Levels 2/3/4, Security, Rimini Consult, Interoperability, Consulting(2,4,6,7) Protect, $1.9 B Rimini $1.1 B Connect, $1.2 B Total TAM Rimini Current Offerings SAP Managed $352 Billion(2,4,6,7)) Total SAM $33.7 Billion(1,3,5) S
Slide 7: Rimini Street Success Based on Client Success
Rimini Street Success Based on Client Success Rimini Street achieves an average client satisfaction rating on support cases of 4.9/5.0 (5.0 is “excellent”) Our mission is to provide extraordinary technology solutions powered by extraordinary people that achieve each client’s strategic, operational,
Slide 8: Rimini Street Solutions Portfolio
Rimini Street Solutions Portfolio End-to-End Outsourcing Solution for Enterprise Software Support solutions Select Software Supported Applications, databases, Custom code Functional, technical and Tax, legal, and and technology support support performance support regulatory updates Project solutions
Slide 9: Rimini Custom Addresses $65B Incremental Support Opportunity
Rimini Custom Addresses $65B Incremental Support Opportunity More software supported. More value added. Yes – We can Rimini that! Market Demand Increasing Support Clock is Ticking Escalating Maintenance & Support Costs • Expansion of best support services to more client software • Industry leading m
Slide 10: Why Rimini Street Wins
Why Rimini Street Wins Unique solutions with strong technology processes, know how, scale and leading global market position Primary Competitors Software Support & Maintenance: • Only third-party support provider at global scale with more than 86% market share (according to Gartner metrics) • Substa
Slide 11: Rimini Street Smart Path: Transformation without Disruption
Rimini Street Smart Path Transformation without Disruption Property of Rimini Street ©2025 11
Slide 12: The Rimini Smart Path to Savings and Innovation
The Rimini Smart Path to Savings and Innovation REAL Innovation within Your Existing Budget “Easy as 1-2-3” Support Optimize Transform Engineered for Support Optimize to Save and Invest Transformation without Disruption Optimize Current Extend Lifespan Simplify and Optimize Investments and Value Str
Slide 13: IT Challenge and Opportunity - Innovation Budget
IT Challenge and Opportunity - Innovation Budget Savings can be immediately used to near-term, high-impact innovation projects Today Tomorrow 90% RUN AND GROW 60% TO OPERATE THE THE BUSINESS BUSINESS THE THE BUDGET BUDGET CHALLENGE GOAL 10% BUSINESS 40% BUSINESS TRANSFORMATION TRANSFORMATION Source:
Slide 14: Transformation without Disruption
Transformation without Disruption Rimini Street + ServiceNow Leverage your proven ERP software, accelerate adoption of all the latest modern capabilities across the enterprise and transform your business - all within your existing budget Modern UX Agentic AI Automation Visibility MODERNIZE AND ACCEL
Slide 15: The Future is Already Here
The Future is Already Here Real-time insights, hyper-automation, easy composability with all the compliance and security your business needs Real-time Predictive Insights Intelligent Enterprise Operations Predictive analytics for predictive Self-optimizing operations through business management mach
Slide 16: Support | Surrounded by Service
Support | Surrounded by Service Human-first expertise empowered by AI support intelligence and automation GLOBAL SUPPORT TEAM PROFESSIONAL SERVICES ONBOARDING CLIENT SUCCESS TEAM | UTC | TEAM INTEROPERABILITY | | +12:00 | | PERFORMANCE | | | | TUNING P O R T AN D AM S SECURITY | M OF SUP ENG | INTEG
Slide 17: Rimini Street Applied AI Digital Solution Blueprints
Rimini Steet Applied AI Digital Solution Blueprints Rimini Street is working with clients to Intelligent develop AI Digital Solution Blueprints Supply Chain across all major business processes Employee Experience Adaptive Procurement ▪ Center of Excellence Domain Architects create tailored solutions
Slide 18: Rimini Street and ServiceNow Partnership
Rimini Street and ServiceNow Partnership A New Enterprise Software Model and Solution Property of Rimini Street ©2024 | Proprietary and confidential 18
Slide 19: A New Enterprise Software Model and Solution
A New Enterprise Software Model and Solution Transformation without Disruption AI Platform for Business Innovation Infrastructure, Integration and Data Enterprise Logo Description automatically generated Image result for sap logo transparent A picture containing text, clipart Description automatical
Slide 20: Compelling Value for Clients, ServiceNow and Rimini Street
Compelling Value for Clients, ServiceNow and Rimini Street ▪ Accelerate business innovation ▪ Unify UX and automate/connect processes ▪ Applied AI in months not years CLIENTS ▪ Optimize and extend life of current systems while avoiding expensive upgrades ▪ New ACV in high-value target accounts ▪ Bri
Slide 21: Financial Information
Financial Information Property of Rimini Street ©2025 21
Slide 22: Key Operating Metrics
Key Operating Metrics Active Clients(1) Annualized Subscription Revenue(1) 3,500 $500 (US$ in millions) 3,000 3,020 3,038 3,081 3,007 3,060 $400 2,500 2,849 $420 $432 $415 $393 $399 $394 2,487 $300 $349 2,000 1,500 $200 1,000 $100 500 0 $0 2020 2021 2022 2023 2024 H1-2024 H1-2025 2020 2021 2022 2023
Slide 23: Historical Financial Performance
Historical Financial Performance H1- (US$ in millions) 2020 2021 2022 2023 2024 2024 H1-2025 Revenue $326.8 ###### $409.7 ##### ###### $209.9 $208.3 Observations Gross Profit 200.6 238.0 257.3 269.0 261.0 124.8 126.4 • Recurring subscription revenue Sales & Marketing Expenses 114.7 128.5 143.0 142.3
Slide 24: GAAP to Non-GAAP Reconciliations
GAAP to Non-GAAP Reconciliations (US$ in millions) 2020 2021 2022 2023 2024 H1-2024 H1-2025 GAAP Net Income (Loss) (1) $11.6 $75.2 ($2.5) $26.1 ($36.3) $0.2 $33.6 Interest expense 0.1 1.6 4.3 5.5 6.3 2.8 3.3 Income tax expense (1) 4.6 (55.8) 6.3 15.2 (0.4) 2.1 14.8 Depreciation and amortization expe
Slide 25: Capitalization
Capitalization June 30, 2025 Face Fully Common Stock and equivalents (millions) Amount Diluted (a) Common Shares outstanding shares & weighted average (a) 92.5 91.7 Stock Options (b) 9.7 - Restricted and Performance Stock Units (c-d) 5.8 2.1 Warrants, $5.64 exercise price, expire June 2026 3.4 - Tot
Slide 26: Summary of Operating Metrics
Summary of Operating Metrics • Active client - Distinct entity, such as a company, an educational or government institution, or a subsidiary, division, or business unit of a company that purchases Rimini Street services to support a specific product Number of Clients • Growth in the number of client
Slide 27: About Non-GAAP Financial Measures and Certain Key Metrics
About Non-GAAP Financial Measures and Certain Key Metrics To provide investors and others with additional information regarding Rimini Street’s results, we have disclosed from our existing client base assuming no cancellations or price changes occur during that period. Subscription the following non
Slide 28: Appendix
V. Appendix I. Vendor Spotlight a. ServiceNow b. VMware c. Workday II. Additional Product Information a. Rimini Connect b. Rimini Protect c. Rimini Watch Property of Rimini Street ©2025 | Proprietary and confidential 28
Slide 29: Vendor Spotlight: Rimini & ServiceNow on ERP Modernization
Vendor Spotlight: Rimini & ServiceNow ® on ERP Modernization From core systems to next-gen solutions, from system of record to system of action and engagement Signed 6/2024 Challenges solved Dominate ERP modernization and Vision 01 composability at global scale 1 Core Modernization Cross-sell Servic
Slide 30: Vendor Spotlight: Rimini Solutions for VMware
Vendor Spotlight: Rimini Solutions for VMware® • Broadcom purchased VMware and is reportedly raising prices, Perpetual Licensed with nearly 375,000 customers facing cost increases of 2x-10x Supported Products • As part of Rimini Custom, Rimini Street launched VMware support, ▪ vSphere in a short per
Slide 31: Vendor Spotlight: Rimini Solutions for Workday
Vendor Spotlight: Rimini Solutions for Workday® Workday® customers continue to face these universal challenges Accountable and flexible expertise when you need it most. Signed 6/2024 Why is this strategic for Rimini Street? Workday is best aligned as a full lifecycle solution for PeopleSoft clients
Slide 32: Rimini Connect
Rimini Connect To enable Enterprise Software L4 support for 15+ years, Rimini Connect was created – delivering products that enable software portability and flexibility Core Problems we Solve Strategy: Loss of compatibility: Dedicated team focused on developing solutions for the most common and chal
Slide 33: Rimini Protect
Rimini Protect Born out of necessity to enable L4 support, proactive security services and Core problems we solve solutions purpose built for enterprise software where others fail No new security updates: Strategy: • When leaving vendor support Monitor Common Vulnerability Exposures (CVEs), mapping
Slide 34: Rimini Watch Observability Solution
Rimini Watch - Observability Solution Enhance Rimini Managed Services and Support by proactive monitoring and alerting to keep Enterprise Software up and running Core Problems we Solve Strategy: Downtime: Develop observability tools to improve and enable proactive Support and Managed Services, helpi
Slide 35: Rimini Watch Suite
Suite Customer Challenges Our Solution Addresses Rimini Watch TM ▪ I seek scripts to automatically solve a basic problem A revolutionary suite of operational tools for Monitoring, Rimini WatchTM ▪ Several instances of downtime due to slow incident resolution Health Checks, Change Management, RPAs/BP