Algorhythm Holdings, Inc. (RIME)
| Market Cap | 2.85M |
| Revenue (ttm) | 37.79M |
| Net Income (ttm) | -11.57M |
| Shares Out | 11.90M |
| EPS (ttm) | -1.83 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 279,451 |
| Open | 0.225 |
| Previous Close | 0.225 |
| Day's Range | 0.216 - 0.242 |
| 52-Week Range | 0.216 - 1.970 |
| Beta | 0.23 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Nov 19, 2024 |
About RIME
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 Si... [Read more]
Financial Performance
In 2023, Algorhythm Holdings's revenue was $38.93 million, a decrease of -0.94% compared to the previous year's $39.30 million. Losses were -$8.53 million, 83.9% more than in 2022.
Financial numbers in USD Financial StatementsNews
Singing Machine and Stingray Announce Karaoke Microphone Partnership with BYD
Karaoke partnership will provide fully-featured karaoke microphones and a major update to Stingray Karaoke for BYD Vehicles Globally
Singing Machine and Stingray Announce Karaoke Microphone Partnership with BYD
Karaoke partnership will provide fully-featured karaoke microphones and a major update to Stingray Karaoke for BYD Vehicles Globally Karaoke partnership will provide fully-featured karaoke microphones...
SemiCab Wins Contract with Apollo Tyres, $3 Billion Global Tire Manufacturer, for New Indian Commercial Pilot
Apollo Tyres, Ltd Awards SemiCab Scalable Pilot Contract for Transportation Services in India Fort Lauderdale, FL, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: R...
SemiCab Wins Major New Contract with $10 Billion Indian Consumer Packaged Goods Company for New Pilot in India
Multinational Consumer Goods Company Enters into a Commercially Scalable Pilot with SemiCab Serving the Indian Market
SemiCab Wins Contract with $200 Billion Global Consumer Packaged Goods Company for New US Pilot
Global Beverage, Food & Snack Company Enters into a Strategic Initiative with SemiCab, Largest US Customer to Date Fort Lauderdale, FL, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Al...
Algorhythm Holdings to Participate in the iAccess Alpha Buyside Best Ideas Fall Conference 2024 on September 24 and 25, 2024
Fort Lauderdale, FL, Sept. 20, 2024 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorythm”) (NASDAQ: RIME) – an AI technology and consumer electronics holding company, announced today that managem...
The Singing Machine Company, Inc. (MICS) Q2 2024 Earnings Call Transcript
The Singing Machine Company, Inc. (NASDAQ:MICS) Q2 2024 Earnings Conference Call August 19, 2024 4:00 PM ET Company Participants Gary Atkinson - Chief Executive Officer Richard Perez - Chief Financia...
Singing Machine to Announce its Financial Results for the Second Quarter of 2024
Fort Lauderdale, FL, Aug. 14, 2024 (GLOBE NEWSWIRE) -- The Singing Machine Company, Inc. (“Singing Machine” or the “Company”) (NASDAQ: MICS) -- the worldwide leader in consumer karaoke products -- tod...
Singing Machine Launches Official TikTok Shop
Company Significantly Expands Socia Media-Based Marketing Capabilities Through New TikTok Shop Seller Storefront
Singing Machine's Subsidiary, SemiCab, Announces Over $9 Million Contracted Revenue Backlog
SemiCab India Expected to Add Over $9 Million in Revenue in 2024 Fort Lauderdale, FL, July 16, 2024 (GLOBE NEWSWIRE) -- The Singing Machine Company, Inc. (“Singing Machine”) (NASDAQ: MICS) – the world...
Singing Machine Completes Acquisition of Leading AI Logistics Company
Company Now Well Positioned for Accelerated Revenue Growth Fort Lauderdale, FL, July 05, 2024 (GLOBE NEWSWIRE) -- The Singing Machine Company, Inc. (“Singing Machine”) (NASDAQ: MICS) – the worldwide l...
Singing Machine to Acquire SemiCab, a Leading AI Logistics Technology Company
SemiCab Generated $6 Million Revenue in 2023 Fort Lauderdale, FL, June 12, 2024 (GLOBE NEWSWIRE) -- The Singing Machine Company, Inc. (“Singing Machine”) (NASDAQ: MICS) – the worldwide leader in consu...
Company Announces Strategic Alternatives
Fort Lauderdale, FL, May 23, 2024 (GLOBE NEWSWIRE) -- The Singing Machine Company, Inc. (“Singing Machine”) (NASDAQ: MICS) – the worldwide leader in consumer karaoke products, today announced its Exec...
Singing Machine Secures $2 Million Senior Credit Facility
Company Expands Non-Dilutive Working Capital Funding to Support Growth Fort Lauderdale, FL, April 03, 2024 (GLOBE NEWSWIRE) -- The Singing Machine Company, Inc. (“Singing Machine”) (NASDAQ: MICS) – th...
Company Generates Record Subscriptions Sales for 2023 Holiday Season
Karaoke Subscription Service Generated $3.28 Million in Sales, 35% Increase Year-Over-Year Fort Lauderdale, FL, Feb. 27, 2024 (GLOBE NEWSWIRE) -- The Singing Machine Company, Inc. (“Singing Machine” o...
Singing Machine and Stingray Unveil New Karaoke Gaming & Scoring Capabilities Targeting the Automotive Market
Stingray and Singing Machine partner to debut major new automotive capabilities at CES 2024 Fort Lauderdale, FL, Jan. 08, 2024 (GLOBE NEWSWIRE) -- The Singing Machine Company, Inc. (“Singing Machine”)...
Singing Machine Completes $2.0 Million Private Placement
Two Strategic Partners Invest In an Above-Market Transaction,Becoming the Second and Third Largest Shareholders. Fort Lauderdale, FL, Nov. 27, 2023 (GLOBE NEWSWIRE) -- The Singing Machine Company, Inc...
Singing Machine Announces Results of Operations For Second Quarter Fiscal 2024
Fort Lauderdale, FL, Nov. 21, 2023 (GLOBE NEWSWIRE) -- The Singing Machine Company, Inc. (“Singing Machine” or the “Company”) (NASDAQ: MICS) -- the North American leader in consumer karaoke products -...
Singing Machine to Announce its Financial Results for the Second Quarter Fiscal 2024
Fort Lauderdale, FL, Nov. 20, 2023 (GLOBE NEWSWIRE) -- The Singing Machine Company, Inc. (“Singing Machine” or the “Company”) (NASDAQ: MICS) -- the worldwide leader in consumer karaoke products -- tod...
Singing Machine Unveils New Flagship Karaoke Product for Holiday Distribution Nationwide with Costco
Fully Redesigned WiFi Streaming Karaoke Product DeliversBest in Class Upgrades and Capabilities for In Home Use Fort Lauderdale, FL, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Th e Singing Machine Company, In...
Singing Machine Announces Results of Operations for First Quarter of Fiscal 2024
Fort Lauderdale, FL, Aug. 18, 2023 (GLOBE NEWSWIRE) -- The Singing Machine Company, Inc. (“Singing Machine” or the “Company”) (NASDAQ: MICS) -- the worldwide leader in consumer karaoke products -- tod...
Singing Machine to Announce its Financial Results for the First Quarter Fiscal 2024
Fort Lauderdale, FL, Aug. 17, 2023 (GLOBE NEWSWIRE) -- The Singing Machine Company, Inc. (“Singing Machine” or the “Company”) (NASDAQ: MICS) -- the worldwide leader in consumer karaoke products -- tod...
Karaoke equipment maker Singing Machine's stock soars 47% as new party line available at 866 Walmart stores
The stock of Singing Machine Co. Inc. MICS, -3.06%, a maker of Karaoke machines, soared 47% in premarket trade Tuesday, after the company said it has launched a new party accessory product line that's...
Singing Machine Announces Expanded Retail Presence with Walmart
Walmart Celebrations Party & Occasions Department to T est N ew Singing Machine Party Accessory in 866 S tores N ationwide
The Singing Machine Company, Inc. (MICS) Q4 2023 Earnings Call Transcript
The Singing Machine Company, Inc. (NASDAQ:MICS) Q4 2023 Earnings Conference Call July 14, 2023 5:30 PM ET Company Participants Gary Atkinson - CEO & Chairman Lionel Marquis - CFO Bernardo Melo - VP o...