Technology -
Consumer Electronics - NASDAQ - US
$ 2.52
2.93 %
$ 6.34 M
Market Cap
-0.01
P/E
1. INTRINSIC VALUE
2. FUNDAMENTAL
ANALYSIS
Price Chart RIME
FINANCIALS
Balance Sheet
Algorhythm Holdings, Inc.
| Current Assets | 16.8 M |
| Cash & Short-Term Investments | 7.55 M |
| Receivables | 5.29 M |
| Other Current Assets | 3.93 M |
| Non-Current Assets | 1.54 M |
| Long-Term Investments | 0 |
| PP&E | 379 K |
| Other Non-Current Assets | 1.16 M |
| Current Liabilities | 28.4 M |
| Accounts Payable | 3.81 M |
| Short-Term Debt | 265 K |
| Other Current Liabilities | 24.4 M |
| Non-Current Liabilities | 385 K |
| Long-Term Debt | 385 K |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
Algorhythm Holdings, Inc.
| Revenue | 23.5 M |
| Cost Of Revenue | 18.7 M |
| Gross Profit | 4.78 M |
| Operating Expenses | 18.7 M |
| Operating Income | -13.9 M |
| Other Expenses | 10.4 M |
| Net Income | -24.4 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Algorhythm Holdings, Inc.
| Net Income | -24.4 M |
| Depreciation & Amortization | 458 K |
| Capital Expenditures | -70 K |
| Stock-Based Compensation | 630 K |
| Change in Working Capital | -971 K |
| Others | 11.7 M |
| Free Cash Flow | -8.63 M |
Wall Street Analysts Price Targets
Algorhythm Holdings, Inc.
RIME has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
RIME does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
Algorhythm Holdings, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
1.43 K USD 2
6-9 MONTHS
0 USD 0
9-12 MONTHS
541 K USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
$2 Billion Revenue CPG Company Awards SemiCab India New Pilot to Implement Drop & Hook Trucking Model
Company Announces Geographic Expansion of Lanes and Pilot of Drop & Hook Program in Indian FMCG Sector for the First Time Fort Lauderdale, FL, June 04, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME) – an AI technology and consumer electronics holding company, today announced that its subsidiary, SMCB Solutions Private Limited (“SemiCab India”), has been awarded a large expansion to its Master Services Agreement with the Indian subsidiary of the world's third largest consumer packaged goods (“CPG”) manufacturer with over $84 billion in annual revenues. Under the first phase of the expanded services agreement, SemiCab India will provide managed transportation services to the CPG company on more than 40 heavily populated lanes throughout India, representing a 200% increase in lanes currently serviced.
globenewswire.com
- 1 month ago
SemiCab Secures Four New Contract Wins and Four Contract Expansions, Accelerating Revenue Outlook
Fort Lauderdale, FL, June 03, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME), an AI-driven technology and consumer electronics holding company, today announced that its subsidiary, SMCB Solutions Private Limited (“SemiCab India”), has recently signed four new pilot agreements and four contract expansions with eight enterprise-scale customers in India.
globenewswire.com
- 1 month ago
Algorhythm Holdings Appoints Ajesh Kapoor to its Board of Directors
Mr. Kapoor Brings more than 30 Years of Supply-Chain,Logistics Technology and Go-To-Market Leadership to the Board Fort Lauderdale, FL, May 20, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME) – an AI technology and consumer electronics holding company, today announced the appointment of Ajesh Kapoor to its board of directors effective May 19, 2025. Mr. Kapoor brings more than 30 years of logistics and supply chain technology innovation and leadership to the Company's Board.
globenewswire.com
- 1 month ago
Algorhythm Holdings, Inc. (RIME) Q1 2025 Earnings Call Transcript
Algorhythm Holdings, Inc. (NASDAQ:RIME ) Q1 2025 Earnings Conference Call May 16, 2025 10:00 AM ET Company Participants Gary Atkinson – Chief Executive Officer Alex Andre – Chief Financial Officer and General Counsel Conference Call Participants Ed Woo – Ascendiant Capital Operator Good day, everyone, and welcome to Algorhythm Holdings First Quarter 2025 Financial Results Earnings Call. My name is Paul, and I will be your operator.
seekingalpha.com
- 2 months ago
Algorhythm Holdings Reports First Quarter 2025 Financial Results
Fort Lauderdale, FL, May 16, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME) – an AI technology and consumer electronics holding company, announced today its results of operations for the three-month period ended March 31, 2025.
globenewswire.com
- 2 months ago
Algorhythm Holdings Announces Major Fleet Expansion for SemiCab India
SemiCab India Adds Additional Truck Capacity with Expansion to Generate Up to $23 Million in Annual Revenue Fort Lauderdale, FL, May 13, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME) – an AI technology and consumer electronics holding company, today provided an operational update for its SemiCab AI logistics and distribution business (“SemiCab”). SMCB Solutions Private Limited (“SemiCab India”), Algorhythm's subsidiary that operates SemiCab's cloud-based Collaborative Transportation Platform in the Indian market, entered into a series of freight services agreements with several full truckload (FTL) carriers during Q1 2025.
globenewswire.com
- 2 months ago
Algorhythm Holdings to Participate in the iAccess Alpha Virtual Best Ideas Spring Investment Conference 2025 on March 25-26, 2025
Fort Lauderdale, FL, March 24, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME), an AI-driven technology and consumer electronics holding company, today announced that its management will be participating in the iAccess Alpha Virtual Best Ideas Spring Investment Conference 2025 on March 25 and 26, 2025. Representing the company, Gary Atkinson, Company CEO, will deliver a company presentation at 3:00PM ET on March 25, followed by one-on-one meetings with investors on March 26.
globenewswire.com
- 3 months ago
Company Clears All Outstanding Cashless Warrants from December Capital Raise
Investors From December $9.5 Million Public Offering Exercise All Outstanding Series B Warrants Fort Lauderdale, FL, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME), an AI-driven technology and consumer electronics holding company, today announced that all outstanding Series B cashless warrants have been fully exercised. These warrants were issued in connection with a public offering that closed on December 4, 2024.
globenewswire.com
- 5 months ago
Algorhythm Holdings Announces a Pause on Capital Raising Activities
Fort Lauderdale, FL, Dec. 23, 2024 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm” or the “Company”) (NASDAQ: RIME) – an AI technology and consumer electronics holding company, announced it will pause new capital raising activities for the next six months. In light of the Company's current cash position, combined with a comprehensive assessment of the current market environment and our business operations, our management team has decided to suspend seeking out any new financing plans for the next six months. During this period, the Company will not seek new investments including transactions like an “At-the-Market” (ATM) offering or usage of the Company's Shelf registration statement.
globenewswire.com
- 6 months ago
Univest Securities, LLC Announces Closing of $2 Million Registered Direct Offering for its Client Algorhythm Holdings, Inc. (NASDAQ: RIME)
New York, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Univest Securities, LLC (“Univest”), a member of FINRA and SIPC, and a full-service investment bank and securities broker-dealer firm based in New York, today announced the closing of registered direct offering (the “Offering”) of approximately $2 million for its client Algorhythm Holdings, Inc. (NASDAQ: RIME) (the “Company”), an AI-driven technology and consumer electronics holding company.
globenewswire.com
- 6 months ago
Algorhythm Holdings, Inc. Announces $2 Million Registered Direct Offering
Fort Lauderdale, FL, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (Nasdaq: RIME) (“Algorhythm” or the “Company”), an AI-driven technology and consumer electronics holding company today announced that it has entered into a definitive agreement with several investors for the purchase and sale of an aggregate of 24,067,388 of the Company's common stock, par value $0.01 per share (the “Common Stock”) at a purchase price of 0.0831 per share in a registered direct offering priced at-the-market under Nasdaq rules.
globenewswire.com
- 7 months ago
Univest Securities, LLC Announces Closing of $9.5 Million Public Offering for its Client Algorhythm Holdings, Inc. (NASDAQ: RIME)
New York, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Univest Securities, LLC (“Univest”), a member of FINRA and SIPC, and a full-service investment bank and securities broker-dealer firm based in New York, today announced the closing of public offering (the “Offering”) of approximately $9.5 million for its client Algorhythm Holdings, Inc. (NASDAQ: RIME) (the “Company”), an AI-driven technology and consumer electronics holding company.
globenewswire.com
- 7 months ago
8. Profile
Summary
Algorhythm Holdings, Inc. RIME
COUNTRY
US
INDUSTRY
Consumer Electronics
MARKET CAP
$ 6.34 M
Dividend Yield
0.00%
Description
Algorhythm Holdings, Inc., together with its subsidiaries, engages in the development, marketing, and sale of consumer karaoke audio equipment, accessories, and musical recordings in North America, Australia, the United Kingdom, Europe, and internationally. It offers karaoke products under the Singing Machine brand; licensed karaoke microphone products under the Carpool Karaoke brand; microphone and accessories, and portable Bluetooth microphones under the Party Machine brand; music entertainment singing machines for children under the brand Singing Machine Kids; connected vehicle karaoke devices; and karaoke music subscription services for the iOS and Android platforms, as well as a web-based download store and integrated streaming services for hardware. The company primarily sells its products to retailers, including national chains, warehouse clubs, department stores, lifestyle merchants, specialty stores, and direct mail catalogs and showrooms. The company was formerly known as The Singing Machine Company, Inc. and changed its name to Algorhythm Holdings, Inc. in September 2024. Algorhythm Holdings, Inc. was incorporated in 1982 and is headquartered in Fort Lauderdale, Florida.
Contact
6301 NW 5th Way, Fort Lauderdale, FL, 33309
https://singingmachine.com
IPO
Date
None
Employees
25
Officers
Mr. Bernardo Melo
Chief Revenue Officer & Director
Mr. Brendan Hopkins
Investor Relations Contact
Mr. Gary Atkinson
Chief Executive Officer, Secretary & Director
Mr. Alex Andre
Chief Financial Officer & General Counsel