Algorhythm Holdings, Inc. (RIME)

NASDAQ: RIME · Real-Time Price · USD
2.920
-0.370 (-11.25%)
Jun 4, 2025, 1:41 PM - Market open
-11.25%
Market Cap 6.99M
Revenue (ttm) 23.06M
Net Income (ttm) -30.08M
Shares Out 2.39M
EPS (ttm) -54.61
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,338,811
Open 3.400
Previous Close 3.290
Day's Range 2.843 - 3.570
52-Week Range 1.711 - 394.000
Beta 0.24
Analysts Strong Buy
Price Target 5.00 (+71.23%)
Earnings Date May 15, 2025

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. The company 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... [Read more]

Sector Technology
IPO Date Nov 10, 1994
Employees 25
Stock Exchange NASDAQ
Ticker Symbol RIME
Full Company Profile

Financial Performance

In 2024, Algorhythm Holdings's revenue was $23.49 million, a decrease of -27.89% compared to the previous year's $32.58 million. Losses were -$23.26 million, 147.9% more than in 2023.

Financial numbers in USD Financial Statements

Analyst Forecast

According to one analyst, the rating for RIME stock is "Strong Buy" and the 12-month stock price forecast is $5.0.

Price Target
$5.0
(71.23% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

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, In...

5 hours ago - GlobeNewsWire

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 i...

21 hours ago - GlobeNewsWire

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. (“Alg...

15 days ago - GlobeNewsWire

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...

18 days ago - Seeking Alpha

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 o...

19 days ago - GlobeNewsWire

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...

22 days ago - GlobeNewsWire

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 ...

2 months ago - GlobeNewsWire

Algorhythm Holdings Appoints Alex Andre as Chief Financial Officer

Fort Lauderdale, FL, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME), an AI-driven technology and consumer electronics holding company, today announced the ap...

3 months ago - GlobeNewsWire

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:...

4 months ago - GlobeNewsWire

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 i...

5 months ago - GlobeNewsWire

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, tod...

5 months ago - GlobeNewsWire

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 ...

6 months ago - GlobeNewsWire

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, tod...

6 months ago - GlobeNewsWire

Algorhythm Holdings, Inc. Announces Closing of $9.5 Million Public Offering

Fort Lauderdale, FL, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm” or the “Company”) (NASDAQ: RIME), an AI-driven technology and consumer electronics holding company, annou...

6 months ago - GlobeNewsWire

Algorhythm Holdings, Inc. Announces Pricing of $9.5 Million Public Offering

Fort Lauderdale, FL, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm” or the “Company”) (NASDAQ: RIME), an AI-driven technology and consumer electronics holding company, annou...

6 months ago - GlobeNewsWire

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

7 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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...

8 months ago - GlobeNewsWire

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

8 months ago - GlobeNewsWire

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...

8 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire

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...

10 months ago - Seeking Alpha

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...

10 months ago - GlobeNewsWire

Singing Machine Launches Official TikTok Shop

Company Significantly Expands Socia Media-Based Marketing Capabilities Through New TikTok Shop Seller Storefront

11 months ago - GlobeNewsWire

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...

11 months ago - GlobeNewsWire