Algorhythm Holdings, Inc. (RIME)

Algorhythm Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	23.34	23.49	32.58	39.3	47.51	45.8
Revenue Growth (YoY)	-25.77%	-27.89%	-17.09%	-17.29%	3.73%	18.97%
Cost of Revenue	17.93	18.71	25.57	30.09	36.7	33.51
Gross Profit	5.41	4.78	7.01	9.21	10.82	12.3
Selling, General & Admin	14.77	15.11	15.3	12.91	10.75	10.57
Other Operating Expenses	-	-	0	-	-	-
Operating Expenses	14.77	15.11	15.3	12.91	10.75	10.87
Operating Income	-9.36	-10.33	-8.29	-3.7	0.07	1.43
Interest Expense	-1.89	-1.89	-0.34	-0.48	-0.58	-0.47
Other Non Operating Income (Expenses)	-15.02	-8.56	0.75	0.7	0.01	0.22
EBT Excluding Unusual Items	-26.27	-20.78	-7.88	-3.47	-0.5	1.17
Impairment of Goodwill	-3.59	-3.59	-	-	-	-
Other Unusual Items	-	-	-	-0.14	0.79	0.39
Pretax Income	-25.98	-24.37	-7.88	-3.61	0.29	2.63
Income Tax Expense	-	-	1.5	1.03	0.06	0.46
Earnings From Continuing Operations	-25.98	-24.37	-9.38	-4.64	0.23	2.17
Minority Interest in Earnings	1.44	1.11	-	-	-	-
Net Income	-24.55	-23.26	-9.38	-4.64	0.23	2.17
Net Income to Common	-24.55	-23.26	-9.38	-4.64	0.23	2.17
Net Income Growth	-	-	-	-	-89.41%	-
Shares Outstanding (Basic)	1	0	0	0	-	-
Shares Outstanding (Diluted)	1	0	0	0	-	-
Shares Change (YoY)	3843.05%	196.91%	57.44%	-	-	-
EPS (Basic)	-21.13	-353.87	-423.90	-329.90	-	-
EPS (Diluted)	-21.14	-353.87	-423.90	-330.00	-	-
Free Cash Flow	-8.67	-8.63	2.18	-0.57	-2.13	-0.03
Free Cash Flow Per Share	-7.46	-131.25	98.58	-40.83	-	-
Gross Margin	23.18%	20.35%	21.51%	23.43%	22.76%	26.85%
Operating Margin	-40.12%	-43.98%	-25.44%	-9.41%	0.14%	3.11%
Profit Margin	-105.19%	-98.99%	-28.80%	-11.80%	0.48%	4.74%
Free Cash Flow Margin	-37.14%	-36.72%	6.70%	-1.46%	-4.48%	-0.07%
EBITDA	-9.17	-10.11	-7.95	-3.47	0.32	1.72
EBITDA Margin	-39.29%	-43.04%	-24.39%	-8.83%	0.66%	3.76%
D&A For EBITDA	0.19	0.22	0.34	0.23	0.25	0.3
EBIT	-9.36	-10.33	-8.29	-3.7	0.07	1.43
EBIT Margin	-40.12%	-43.98%	-25.44%	-9.41%	0.14%	3.11%
Effective Tax Rate	-	-	-	-	19.86%	17.38%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q