Algorhythm Holdings, Inc. (RIME)
| Market Cap | 6.34M |
| Revenue (ttm) | 23.06M |
| Net Income (ttm) | -30.08M |
| Shares Out | 2.51M |
| EPS (ttm) | -54.60 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 33,157 |
| Open | 2.530 |
| Previous Close | 2.448 |
| Day's Range | 2.491 - 2.620 |
| 52-Week Range | 1.711 - 282.320 |
| Beta | 0.24 |
| Analysts | Strong Buy |
| Price Target | 5.00 (+98.41%) |
| Earnings Date | Aug 19, 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]
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 StatementsAnalyst Summary
According to one analyst, the rating for RIME stock is "Strong Buy" and the 12-month stock price target is $5.0.
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...
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...
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...
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...
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...
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...
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 ...
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...
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:...
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...
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...
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 ...
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...
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...
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...
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...