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Algorhythm Holdings NasdaqCM:RIME Stock Report

Last Price

US$2.39

Market Cap

US$5.2m

7D

-5.5%

1Y

-99.2%

Updated

29 May, 2025

Data

Company Financials

Algorhythm Holdings, Inc.

NasdaqCM:RIME Stock Report

Market Cap: US$5.2m

RIME Stock Overview

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. More details

RIME fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

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Algorhythm Holdings, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Algorhythm Holdings
Historical stock prices
Current Share PriceUS$2.39
52 Week HighUS$394.00
52 Week LowUS$1.71
Beta0.20
1 Month Change3.91%
3 Month Change-0.83%
1 Year Change-99.20%
3 Year Change-99.66%
5 Year Change-99.72%
Change since IPO-100.00%

Recent News & Updates

Risks Still Elevated At These Prices As Algorhythm Holdings, Inc. (NASDAQ:RIME) Shares Dive 82%

Feb 14
Risks Still Elevated At These Prices As Algorhythm Holdings, Inc. (NASDAQ:RIME) Shares Dive 82%

Recent updates

Risks Still Elevated At These Prices As Algorhythm Holdings, Inc. (NASDAQ:RIME) Shares Dive 82%

Feb 14
Risks Still Elevated At These Prices As Algorhythm Holdings, Inc. (NASDAQ:RIME) Shares Dive 82%

The Singing Machine Company, Inc. (NASDAQ:MICS) Looks Inexpensive After Falling 48% But Perhaps Not Attractive Enough

Jul 11
The Singing Machine Company, Inc. (NASDAQ:MICS) Looks Inexpensive After Falling 48% But Perhaps Not Attractive Enough

Market Might Still Lack Some Conviction On The Singing Machine Company, Inc. (NASDAQ:MICS) Even After 46% Share Price Boost

Feb 28
Market Might Still Lack Some Conviction On The Singing Machine Company, Inc. (NASDAQ:MICS) Even After 46% Share Price Boost

The Singing Machine Company, Inc.'s (NASDAQ:MICS) Share Price Could Signal Some Risk

Nov 14
The Singing Machine Company, Inc.'s (NASDAQ:MICS) Share Price Could Signal Some Risk

Singing Machine to secure up to $15M financing from Fifth Third Bank

Oct 18

Singing Machine announces new fall partnership with Sam’s Club for Fall 2022

Sep 20

Singing Machine GAAP EPS of -$0.01, revenue of $11.69M

Aug 22

Singing Machine GAAP EPS of $0.14, revenue of $47.51M

Jul 14

Shareholder Returns

RIMEUS Consumer DurablesUS Market
7D-5.5%-1.4%0.8%
1Y-99.2%-10.3%11.5%

Return vs Industry: RIME underperformed the US Consumer Durables industry which returned -10.3% over the past year.

Return vs Market: RIME underperformed the US Market which returned 11.5% over the past year.

Price Volatility

Is RIME's price volatile compared to industry and market?
RIME volatility
RIME Average Weekly Movement14.2%
Consumer Durables Industry Average Movement8.1%
Market Average Movement8.0%
10% most volatile stocks in US Market17.2%
10% least volatile stocks in US Market4.2%

Stable Share Price: RIME's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: RIME's weekly volatility has decreased from 24% to 14% over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
198225Gary Atkinsonsingingmachine.com

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 brand Singing Machine Kids; connected vehicle karaoke devices; and karaoke music subscription services for the iOS and Android platforms, as well as a web-based download store and integrated streaming services for hardware. Additionally, it sells its products to retailers, including national chains, warehouse clubs, department stores, lifestyle merchants, specialty stores, and direct mail catalogs and showrooms.

Algorhythm Holdings, Inc. Fundamentals Summary

How do Algorhythm Holdings's earnings and revenue compare to its market cap?
RIME fundamental statistics
Market capUS$5.20m
Earnings (TTM)-US$30.08m
Revenue (TTM)US$23.06m
0.2x
P/S Ratio
-0.2x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RIME income statement (TTM)
RevenueUS$23.06m
Cost of RevenueUS$18.28m
Gross ProfitUS$4.78m
Other ExpensesUS$34.86m
Earnings-US$30.08m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)-12.56
Gross Margin20.72%
Net Profit Margin-130.44%
Debt/Equity Ratio28.0%

How did RIME perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/29 23:47
End of Day Share Price 2025/05/29 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Algorhythm Holdings, Inc. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Edward WooAscendiant Capital Markets LLC