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
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
My Notes
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Algorhythm Holdings, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$0.076 |
| 52 Week High | US$1.97 |
| 52 Week Low | US$0.072 |
| Beta | 0.18 |
| 1 Month Change | -69.80% |
| 3 Month Change | -86.83% |
| 1 Year Change | -92.86% |
| 3 Year Change | -98.84% |
| 5 Year Change | -98.94% |
| Change since IPO | -99.99% |
Recent News & Updates
Recent updates
The Singing Machine Company, Inc. (NASDAQ:MICS) Looks Inexpensive After Falling 48% But Perhaps Not Attractive Enough
Jul 11
Market Might Still Lack Some Conviction On The Singing Machine Company, Inc. (NASDAQ:MICS) Even After 46% Share Price Boost
Feb 28The Singing Machine Company, Inc.'s (NASDAQ:MICS) Share Price Could Signal Some Risk
Nov 14Singing Machine to secure up to $15M financing from Fifth Third Bank
Oct 18Singing Machine announces new fall partnership with Sam’s Club for Fall 2022
Sep 20Singing Machine GAAP EPS of -$0.01, revenue of $11.69M
Aug 22Singing Machine GAAP EPS of $0.14, revenue of $47.51M
Jul 14Shareholder Returns
| RIME | US Consumer Durables | US Market | |
|---|---|---|---|
| 7D | -1.8% | -6.8% | -2.4% |
| 1Y | -92.9% | 6.0% | 23.3% |
Return vs Industry: RIME underperformed the US Consumer Durables industry which returned 6% over the past year.
Return vs Market: RIME underperformed the US Market which returned 23.3% over the past year.
Price Volatility
| RIME volatility | |
|---|---|
| RIME Average Weekly Movement | 24.6% |
| Consumer Durables Industry Average Movement | 6.6% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.1% |
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 (25%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1982 | 27 | Gary Atkinson | singingmachine.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. 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 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. The company primarily 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
| RIME fundamental statistics | |
|---|---|
| Market cap | US$1.09m |
| Earnings (TTM) | -US$10.47m |
| Revenue (TTM) | US$32.48m |
0.0x
P/S Ratio-0.1x
P/E RatioIs RIME overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RIME income statement (TTM) | |
|---|---|
| Revenue | US$32.48m |
| Cost of Revenue | US$26.38m |
| Gross Profit | US$6.10m |
| Other Expenses | US$16.57m |
| Earnings | -US$10.47m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.74 |
| Gross Margin | 18.77% |
| Net Profit Margin | -32.25% |
| Debt/Equity Ratio | 25.6% |
How did RIME perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:57 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
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 .
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.
| Analyst | Institution |
|---|---|
| Edward Woo | Ascendiant Capital Markets LLC |