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RMM

RiverNorth Managed Duration Municipal Income Fund Inc

NYSE: RMM · FINANCIAL SERVICES · ASSET MANAGEMENT

$14.18
+0.93% today

Updated 2026-04-30

Market cap
$279.91M
P/E ratio
74.63
P/S ratio
237.73x
EPS (TTM)
$0.19
Dividend yield
52W range
$12 – $15
Volume
0.1M

RiverNorth Managed Duration Municipal Income Fund Inc (RMM) Financial statements

SEC filings — annual and quarterly data.

Income statement — annual

Item201920202021202220232024
Revenue$18.45M$69.20M$-60.83M$19.11M$25.43M$-5.14M
Revenue growth (YoY)+275.0%-187.9%+131.4%+33.1%-120.2%
Cost of revenue$12.08M$10.17M$10.52M$7.47M
Gross profit$6.38M$69.20M$-60.83M$19.11M$25.43M$-12.61M
Gross margin34.5%100.0%100.0%100.0%100.0%245.3%
R&D
SG&A$26790.00$42194.00$51299.00$75878.00$167358.00$244184.00
Operating income$6.35M$70.86M$-58.81M$19.03M$25.27M$-12.86M
Operating margin34.4%102.4%96.7%99.6%99.3%250.0%
EBITDA$-40.99M$70.86M$-58.81M$19.03M$25.27M$-12.86M
EBITDA margin-222.1%102.4%96.7%99.6%99.3%250.0%
EBIT$6.35M$70.86M$-58.81M$19.03M
Interest expense$23.67M$1.70M$2.07M$7.34M$8.56M$7.47M
Income tax$-47.51M$-206297.00$-236558.00$-228485.00
Effective tax rate73.3%-0.3%0.4%-1.2%0.0%0.0%
Net income$-17.32M$69.16M$-60.89M$19.03M$25.27M$-12.86M
Net income growth (YoY)+499.3%-188.0%+131.3%+32.8%-150.9%
Profit margin-93.9%99.9%100.1%99.6%99.3%250.0%