RMNI (RMNI) financial statements
RMNI reported revenue of $422M in fiscal 2025, up 11.4% a year over 9 years.
Net income was $37M and the operating margin 14.2%, against 8.7% in 2016.
Free cash flow was $56M, and the company returned $8M in net buybacks.
The diluted share count rose 289% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from RMNI's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $160M | $215M | $253M | $281M | $327M | $374M | $410M | $431M | $429M | $422M |
| Cost of revenue | $67M | $83M | $96M | $105M | $126M | $136M | $152M | $163M | $168M | $167M |
| Gross profit | $93M | $132M | $157M | $176M | $201M | $238M | $257M | $269M | $261M | $255M |
| Selling, general and admin | $109M | $102M | $127M | $155M | $167M | $193M | $218M | $215M | $223M | $222M |
| Operating income | $14M | $25M | $30M | $22M | $18M | $27M | $8M | $44M | -$32M | $60M |
| Interest expense | $13M | $43M | $33M | $398,000 | $77,000 | $2M | $4M | $6M | $6M | $6M |
| Pre-tax income | -$11M | -$49M | -$62M | $24M | $16M | $19M | $4M | $41M | -$37M | $56M |
| Income tax | $2M | $1M | $2M | $3M | $5M | -$56M | $6M | $15M | -$371,000 | $19M |
| Net income | -$13M | -$50M | -$64M | $21M | $12M | $75M | -$2M | $26M | -$36M | $37M |
| EPS (diluted) | -$0.95 | -$1.55 | -$1.22 | -$0.06 | -$0.21 | $0.51 | -$0.03 | $0.29 | -$0.40 | $0.39 |
| Diluted shares | 24M | 32M | 61M | 66M | 71M | 89M | 88M | 90M | 91M | 94M |
| Gross margin | 58.1% | 61.4% | 62.1% | 62.6% | 61.4% | 63.6% | 62.8% | 62.3% | 60.9% | 60.4% |
| Operating margin | 8.7% | 11.8% | 11.6% | 7.9% | 5.5% | 7.2% | 2.0% | 10.1% | -7.5% | 14.2% |
| Net margin | -8.1% | -23.3% | -25.2% | 7.6% | 3.5% | 20.1% | -0.6% | 6.0% | -8.5% | 8.8% |
Balance sheet
Fiscal years, from RMNI's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $9M | $22M | $25M | $38M | $88M | $120M | $129M | $125M | $89M | $120M |
| Receivables | $55M | $64M | $81M | $112M | $118M | $135M | $116M | $119M | $131M | $137M |
| Total current assets | $89M | $112M | $125M | $177M | $233M | $287M | $282M | $289M | $256M | $300M |
| Property, plant and equipment | $5M | $4M | $4M | $4M | $5M | $4M | $6M | $10M | $10M | $10M |
| Total assets | $99M | $122M | $147M | $201M | $280M | $391M | $391M | $394M | $369M | $423M |
| Total current liabilities | $213M | $229M | $226M | $259M | $295M | $330M | $353M | $336M | $325M | $347M |
| Long-term debt | $63M | $67M | $0 | $0 | $0 | $80M | $70M | $64M | $82M | $63M |
| Total liabilities | $313M | $332M | $258M | $292M | $345M | $472M | $468M | $433M | $439M | $450M |
| Shareholders' equity | -$181M | -$174M | -$230M | -$223M | -$203M | -$80M | -$77M | -$39M | -$69M | -$27M |
| Net debt | $79M | $60M | -$22M | -$38M | -$88M | -$36M | -$34M | -$45M | -$4M | -$53M |
Cash flow
Fiscal years, from RMNI's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$60M | $29M | $22M | $20M | $42M | $67M | $35M | $12M | -$39M | $60M |
| Capital spending | $1M | $1M | $1M | $2M | $1M | $2M | $4M | $7M | $3M | $5M |
| Free cash flow | -$61M | $28M | $21M | $19M | $41M | $65M | $31M | $5M | -$42M | $56M |
| Stock-based compensation | $2M | $3M | $4M | $6M | $7M | $10M | $11M | $13M | $10M | $11M |
| Dividends paid | — | — | — | $0 | $0 | $3M | $0 | $0 | — | — |
| Share buybacks (net) | — | — | — | $0 | $0 | $0 | -$5M | -$1M | $0 | -$8M |
| Net borrowing | — | — | — | — | — | — | -$10M | -$6M | -$624,000 | -$4M |
| Free cash flow margin | -38.0% | 12.9% | 8.4% | 6.6% | 12.4% | 17.3% | 7.5% | 1.2% | -9.8% | 13.2% |
| Dividends per share | — | — | — | — | — | $0.03 | — | — | — | — |
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Open RMNI in InvestinglyQuestions
What was RMNI's revenue in 2025?
$422M in fiscal 2025, from its 10-K filing.
How much free cash flow does RMNI generate?
$56M in fiscal 2025 (operating cash flow minus capital spending).
From RMNI's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.