Enterprise value of Rimini Street, Inc.
It is a sum of claims by all claimants including creditors (secured and unsecured) and shareholders (preferred and common). Enterprise value is one of the fundamental metrics used in business valuation, financial modeling, accounting, portfolio analysis, and risk analysis. Enterprise value is more comprehensive than market capitalization, which only reflects common equity and is considered more representative of a company’s value. Enterprise value reflects the opportunistic nature of business and may change substantially over time because of both external and internal conditions.
Enterprise value can be negative if the company holds abnormally high amounts of cash that is not reflected in the market value of the stock and total capitalization. Cash is subtracted in the calculation because it reduces the net cost to a potential purchaser. The effect applies whether the cash is used to issue dividends or to pay down debt. Value of minority interest is added because it reflects the claim on assets consolidated into the firm in question. Value of associate companies is subtracted because it reflects the claim on assets consolidated into other firms. EV should also include such special components as unfunded pension liabilities, employee stock options, environmental provisions, abandonment provisions, and so on, since they also reflect claims on the company.
Rimini Street, Inc. provides enterprise software support products and services to companies in various industries. The company offers support services for IBM, Microsoft, SAP, Oracle, and other enterprise software vendors' products. It sells its solutions primarily through direct sales organizations in North America, Latin America, Europe, Africa, the Middle East, Asia, and the Asia-Pacific. The company was founded in 2005 and is based in Las Vegas, Nevada with additional locations in California, New York, Australia, Brazil, China, France, Germany, India, Singapore, Sweden, Taiwan, and United Kingdom.
|FCAP First Capital, Inc.||NASDAQ > Finance > Savings Institutions||0.92|
|APOP Cellect Biotechnology Ltd.||NASDAQ > Health Care > Biotechnology||0.92|
|SNOA Sonoma Pharmaceuticals, Inc.||NASDAQ > Health Care > Major Pharmaceuticals||0.92|
|ERH Wells Fargo Advantage Utilities and High Income Fund||NYSEMKT > Finance > Asset Management||0.93|
|SUPV Grupo Supervielle S.A.||NYSE > Finance > Commercial Banks||0.93|
|DPW Digital Power Corporation||NYSEMKT > Capital Goods > Industrial Machinery/Components||0.93|
|RMNI Rimini Street, Inc.||NASDAQ > Consumer Durables > Home Furnishings||0.94|
|AAMC Altisource Asset Management Corp||NYSEMKT > Finance > Real Estate||78.83|
|UNB Union Bankshares, Inc.||NASDAQ > Finance > Major Banks||79.46|
|CIA Citizens, Inc.||NYSE > Finance > Life Insurance||85.59|
|MAYS J. W. Mays, Inc.||NASDAQ > Consumer Services > Building operators||99.69|
|ATLC Atlanticus Holdings Corporation||NASDAQ > Finance > Finance: Consumer Services||103.09|
|UONEK Urban One, Inc.||NASDAQ > Consumer Services > Broadcasting||154.06|