Algorhythm Holdings, Inc. (RIME)

NASDAQ: RIME · Real-Time Price · USD
0.383
-0.024 (-5.80%)
At close: Oct 25, 2024, 4:00 PM
0.382
-0.001 (-0.16%)
After-hours: Oct 25, 2024, 5:45 PM EDT
-5.80%
Market Cap 3.73M
Revenue (ttm) 37.79M
Net Income (ttm) -11.57M
Shares Out 9.74M
EPS (ttm) -1.83
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 363,305
Open 0.386
Previous Close 0.407
Day's Range 0.363 - 0.410
52-Week Range 0.350 - 1.970
Beta 0.18
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]

Sector Technology
IPO Date Nov 10, 1994
Employees 27
Stock Exchange NASDAQ
Ticker Symbol RIME
Full Company Profile

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 Statements

News

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 days 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

16 days 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...

18 days 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...

5 weeks 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...

2 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...

2 months ago - GlobeNewsWire

Singing Machine Launches Official TikTok Shop

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

3 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...

3 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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...

8 months ago - GlobeNewsWire

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”)...

10 months ago - GlobeNewsWire

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...

11 months ago - GlobeNewsWire

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 -...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - Market Watch

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

1 year ago - GlobeNewsWire

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...

1 year ago - Seeking Alpha

Singing Machine Announces Financial Results for Full Fiscal Year Ended 2023

Fort Lauderdale, FL, July 14, 2023 (GLOBE NEWSWIRE) -- The Singing Machine Company, Inc. ( the “Singing Machine” or the “Company”) (NASDAQ: MICS) -- the worldwide leader in consumer karaoke products -...

1 year ago - GlobeNewsWire

Singing Machine Announces Updated Time for Earnings Call

Fort Lauderdale, FL, July 13, 2023 (GLOBE NEWSWIRE) -- The Singing Machine Company, Inc. (“Singing Machine” or the “Company”) (NASDAQ: MICS) -- the worldwide leader in consumer karaoke products -- tod...

1 year ago - GlobeNewsWire