
Algorhythm Holdings (RIME) Stock
Algorhythm Holdings Chart
Company Profile
Price: $0.02
Market Cap: $1.70M
Exchange: NASDAQ
CEO: Mr. Gary Atkinson
Sector: None
Industry: None
Employees: -0.00B
Headquarters: None, None
Website: Algorhythm Holdings
Business Summary
None
Algorhythm Holdings News
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: RIME), an AI-driven technology and consumer electronics holding company, today announced that all outstanding Series B cashless warrants have been fully exercised. These warrants were issued in connection with a public offering that closed on December 4, 2024.

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 it will pause new capital raising activities for the next six months. In light of the Company's current cash position, combined with a comprehensive assessment of the current market environment and our business operations, our management team has decided to suspend seeking out any new financing plans for the next six months. During this period, the Company will not seek new investments including transactions like an “At-the-Market” (ATM) offering or usage of the Company's Shelf registration statement.

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, today announced the closing of registered direct offering (the “Offering”) of approximately $2 million for its client Algorhythm Holdings, Inc. (NASDAQ: RIME) (the “Company”), an AI-driven technology and consumer electronics holding company.

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 announced that it has entered into a definitive agreement with several investors for the purchase and sale of an aggregate of 24,067,388 of the Company's common stock, par value $0.01 per share (the “Common Stock”) at a purchase price of 0.0831 per share in a registered direct offering priced at-the-market under Nasdaq rules.

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, today announced the closing of public offering (the “Offering”) of approximately $9.5 million for its client Algorhythm Holdings, Inc. (NASDAQ: RIME) (the “Company”), an AI-driven technology and consumer electronics holding company.

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, announced today the closing of its previously announced public offering with gross proceeds to the Company of approximately $9.5 million, before deducting placement agent fees and other estimated expenses payable by the Company.

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, announced it has priced a public offering with gross proceeds to the Company expected to be approximately $9.5 million, before deducting placement agent fees and other estimated expenses payable by the Company.

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 and a major update to Stingray Karaoke for BYD Vehicles Globally

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: RIME), an AI-driven technology and consumer electronics holding company, announced today that SemiCab, Inc.'s subsidiary, SMCB Private Solutions Limited (“SemiCab India”), has entered into a master service agreement (MSA) with Apollo Tyres, Ltd. (“Apollo”), India's largest tire manufacturer.

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. (“Algorhythm”) (NASDAQ: RIME), an AI-driven technology and consumer electronics holding company, today announced that it has been awarded a service contract with a leading global beverage, food, and snack company. Under the agreement, Algorhythm's subsidiary, SemiCab Holdings, LLC (“SemiCab”), will provide enterprise-level shipping services through its AI-powered software platform, focusing on reducing empty truck miles.

Algorhythm Holdings Earnings
This section highlights Algorhythm Holdings's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
Next Earnings Date
Last Earnings Results
Earnings Call Transcripts
Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
---|---|---|---|---|---|
Read Transcript | Q2 | 2024 | 2024-08-19 | $-0.01 | $-0.95 |
Financial Statements
Access annual & quarterly financial statements for Algorhythm Holdings, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
Breakdown | December 31, 2023 | March 31, 2023 | March 31, 2022 | March 31, 2021 | March 31, 2020 |
---|---|---|---|---|---|
Revenue | $38.93M | $39.30M | $47.51M | $45.80M | $38.50M |
Cost of Revenue | $30.68M | $30.09M | $36.70M | $33.51M | $30.32M |
Gross Profit | $8.25M | $9.21M | $10.81M | $12.30M | $8.18M |
Gross Profit Ratio | 21.20% | 23.43% | 22.76% | 26.85% | 21.24% |
Research and Development Expenses | $- | $- | $- | $- | $- |
General and Administrative Expenses | $10.53M | $9.46M | $7.16M | $6.60M | $6.56M |
Selling and Marketing Expenses | $4.96M | $3.44M | $3.59M | $3.98M | $4.29M |
Selling General and Administrative Expenses | $16.44M | $12.91M | $10.75M | $10.57M | $10.85M |
Other Expenses | $- | $- | $- | $298.36K | $571.44K |
Operating Expenses | $16.44M | $12.91M | $10.75M | $10.87M | $11.42M |
Cost and Expenses | $47.12M | $43.00M | $47.44M | $44.38M | $41.75M |
Interest Income | $- | $- | $- | $- | $- |
Interest Expense | $- | $479.00K | $580.00K | $473.97K | $254.04K |
Depreciation and Amortization | $382.67K | $946.00K | $1.04M | $298.36K | $269.11K |
EBITDA | $-7.81M | $-2.18M | $1.11M | $3.40M | $-2.98M |
EBITDA Ratio | -20.06% | -5.55% | 2.34% | 7.43% | -7.73% |
Operating Income | $-8.19M | $-3.70M | $69.00K | $1.43M | $-3.24M |
Operating Income Ratio | -21.04% | -9.41% | 0.15% | 3.11% | -8.43% |
Total Other Income Expenses Net | $-340.00K | $90.00K | $218.00K | $1.20M | $-254.04K |
Income Before Tax | $-8.53M | $-3.61M | $287.00K | $2.63M | $-3.50M |
Income Before Tax Ratio | -21.91% | -9.18% | 0.60% | 5.74% | -9.09% |
Income Tax Expense | $1.03M | $1.03M | $57.00K | $456.87K | $-641.81K |
Net Income | $-8.53M | $-4.64M | $230.00K | $2.17M | $-2.86M |
Net Income Ratio | -21.91% | -11.80% | 0.48% | 4.74% | -7.42% |
EPS | $-1.76 | $-1.65 | $0.14 | $1.68 | $-2.22 |
EPS Diluted | $-1.75 | $-1.65 | $0.14 | $1.67 | $-2.22 |
Weighted Average Shares Outstanding | 4.85M | 2.81M | 1.64M | 1.29M | 1.28M |
Weighted Average Shares Outstanding Diluted | 4.86M | 2.81M | 1.62M | 1.30M | 1.28M |
SEC Filing | Source | Source | Source | Source | Source |
Income Statement Charts
Breakdown | September 30, 2024 | June 30, 2024 | March 31, 2024 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 | December 31, 2019 | September 30, 2019 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | $10.62M | $2.44M | $2.43M | $15.93M | $2.62M | $3.38M | $7.11M | $17.11M | $11.69M | $2.83M | $21.24M | $17.37M | $6.07M | $3.49M | $16.97M | $22.29M | $3.05M | $948.24K | $13.86M | $19.05M |
Cost of Revenue | $8.25M | $2.12M | $1.92M | $12.20M | $2.10M | $2.56M | $5.87M | $13.21M | $8.57M | $2.23M | $15.93M | $14.04M | $4.49M | $2.95M | $12.00M | $16.46M | $2.09M | $575.85K | $11.49M | $14.44M |
Gross Profit | $2.38M | $324.00K | $502.00K | $3.73M | $529.00K | $819.00K | $1.24M | $3.90M | $3.12M | $600.14K | $5.31M | $3.33M | $1.58M | $537.80K | $4.97M | $5.82M | $962.45K | $372.39K | $2.37M | $4.61M |
Gross Profit Ratio | 22.36% | 13.28% | 20.69% | 23.44% | 20.15% | 24.21% | 17.41% | 22.80% | 26.71% | 21.18% | 24.99% | 19.16% | 26.01% | 15.40% | 29.31% | 26.13% | 31.54% | 39.27% | 17.11% | 24.22% |
Research and Development Expenses | $- | $- | $- | $- | $- | $17.00K | $49.00K | $41.00K | $17.00K | $39.00K | $11.00K | $19.00K | $31.00K | $52.00K | $33.00K | $2.00K | $13.00K | $64.00K | $13.00K | $18.00K |
General and Administrative Expenses | $4.34M | $2.05M | $2.16M | $2.46M | $2.52M | $1.91M | $- | $- | $- | $1.56M | $2.15M | $1.78M | $1.42M | $1.47M | $1.93M | $1.84M | $1.36M | $1.22M | $1.44M | $2.24M |
Selling and Marketing Expenses | $653.00K | $547.00K | $630.00K | $1.17M | $445.00K | $812.00K | $- | $- | $- | $870.63K | $1.41M | $733.49K | $577.98K | $712.16K | $1.49M | $1.47M | $298.99K | $494.19K | $1.74M | $1.46M |
Selling General and Administrative Expenses | $4.99M | $2.60M | $2.79M | $3.63M | $2.96M | $2.96M | $3.47M | $3.28M | $2.96M | $2.43M | $3.56M | $2.51M | $2.00M | $2.18M | $3.42M | $3.32M | $1.66M | $2.01M | $3.18M | $3.70M |
Other Expenses | $-3.87M | $3.88M | $- | $- | $- | $-17.00K | $- | $- | $- | $16.80K | $44.01K | $47.81K | $37.27K | $42.00K | $32.47K | $65.78K | $58.11K | $408.90K | $- | $- |
Operating Expenses | $1.12M | $6.48M | $2.79M | $3.63M | $2.96M | $2.96M | $3.52M | $3.32M | $2.98M | $2.48M | $3.62M | $2.58M | $2.07M | $2.27M | $3.48M | $3.38M | $1.73M | $2.49M | $3.26M | $3.76M |
Cost and Expenses | $9.37M | $8.59M | $4.71M | $15.82M | $5.06M | $5.53M | $-9.39M | $-16.53M | $-11.55M | $4.72M | $19.55M | $16.62M | $6.56M | $5.23M | $15.48M | $19.85M | $3.82M | $3.06M | $14.75M | $18.20M |
Interest Income | $- | $- | $- | $- | $- | $-0.00B | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Interest Expense | $283.00K | $17.00K | $28.00K | $52.71K | $29.00K | $40.04K | $85.53K | $185.83K | $167.93K | $178.61K | $164.95K | $120.24K | $116.45K | $42.35K | $249.47K | $146.16K | $35.99K | $87.94K | $108.92K | $50.97K |
Depreciation and Amortization | $272.00K | $-11.00K | $136.00K | $484.08K | $183.45K | $55.00K | $52.82K | $62.32K | $58.07K | $55.80K | $55.01K | $66.81K | $68.27K | $94.00K | $65.47K | $67.78K | $71.11K | $72.90K | $77.16K | $59.59K |
EBITDA | $1.53M | $-6.15M | $-2.15M | $634.33K | $-2.25M | $-2.09M | $-2.36M | $646.97K | $204.91K | $-1.83M | $1.75M | $816.82K | $-421.46K | $-1.64M | $1.56M | $2.51M | $-699.83K | $-1.64M | $-811.91K | $918.92K |
EBITDA Ratio | 14.39% | -252.21% | -88.66% | 3.98% | -85.62% | -61.84% | -33.25% | 3.78% | 1.75% | -64.55% | 8.23% | 4.70% | -6.95% | -46.98% | 9.18% | 11.25% | -22.93% | -172.96% | -5.86% | 4.82% |
Operating Income | $1.26M | $-6.15M | $-2.29M | $105.95K | $-2.43M | $-2.15M | $-2.28M | $584.65K | $146.84K | $-1.88M | $1.69M | $750.01K | $-489.74K | $-1.73M | $1.49M | $2.44M | $-770.94K | $-2.11M | $-889.07K | $859.33K |
Operating Income Ratio | 11.83% | -252.21% | -94.27% | 0.67% | -92.61% | -63.43% | -32.10% | 3.42% | 1.26% | -66.52% | 7.97% | 4.32% | -8.07% | -49.67% | 8.79% | 10.94% | -25.26% | -222.83% | -6.42% | 4.51% |
Total Other Income Expenses Net | $-283.00K | $-17.00K | $-28.00K | $-8.41K | $-29.00K | $663.00K | $-220.21K | $-185.83K | $-167.93K | $-75.77K | $-164.95K | $116.23K | $343.03K | $-10.31K | $-61.48K | $790.38K | $485.30K | $-87.94K | $-108.92K | $-50.97K |
Income Before Tax | $974.00K | $-6.17M | $-2.31M | $97.53K | $-2.46M | $-1.48M | $-2.50M | $398.82K | $-21.08K | $-1.96M | $1.53M | $866.25K | $-146.71K | $-1.75M | $1.43M | $3.23M | $-285.64K | $-2.20M | $-997.99K | $808.36K |
Income Before Tax Ratio | 9.17% | -252.91% | -95.42% | 0.61% | -93.71% | -43.84% | -35.20% | 2.33% | -0.18% | -69.20% | 7.20% | 4.99% | -2.42% | -49.97% | 8.43% | 14.49% | -9.36% | -232.10% | -7.20% | 4.24% |
Income Tax Expense | $- | $-52.00K | $52.00K | $- | $- | $1.50M | $-569.34K | $102.36K | $-5.08K | $-191.36K | $102.89K | $173.87K | $-28.09K | $-549.27K | $263.93K | $821.04K | $-78.84K | $-347.18K | $-240.04K | $184.14K |
Net Income | $1.20M | $-6.12M | $-2.37M | $97.53K | $-2.46M | $-2.98M | $-1.93M | $296.47K | $-16.00K | $-1.77M | $1.43M | $692.37K | $-118.61K | $-1.20M | $1.17M | $2.41M | $-206.80K | $-1.85M | $-757.95K | $624.22K |
Net Income Ratio | 11.25% | -250.78% | -97.57% | 0.61% | -93.71% | -88.24% | -27.19% | 1.73% | -0.14% | -62.44% | 6.71% | 3.99% | -1.96% | -34.24% | 6.88% | 10.80% | -6.78% | -195.49% | -5.47% | 3.28% |
EPS | $0.13 | $-0.95 | $-0.37 | $0.02 | $-0.64 | $-0.96 | $-0.62 | $0.10 | $-0.01 | $-0.99 | $0.80 | $0.43 | $-0.09 | $-0.92 | $0.90 | $1.87 | $-0.16 | $-1.44 | $-0.59 | $0.49 |
EPS Diluted | $0.13 | $-0.95 | $-0.37 | $0.02 | $-0.64 | $-0.96 | $-0.62 | $0.08 | $-0.01 | $-0.99 | $0.80 | $0.43 | $-0.09 | $-0.92 | $0.89 | $1.85 | $-0.16 | $-1.44 | $-0.59 | $0.48 |
Weighted Average Shares Outstanding | 9.10M | 6.42M | 6.42M | 4.22M | 3.87M | 3.11M | 3.13M | 3.07M | 1.91M | 1.78M | 1.78M | 1.61M | 1.30M | 1.30M | 1.30M | 1.29M | 1.29M | 1.29M | 1.29M | 1.28M |
Weighted Average Shares Outstanding Diluted | 9.10M | 6.42M | 6.42M | 4.22M | 3.87M | 3.11M | 3.13M | 3.61M | 1.91M | 1.78M | 1.79M | 1.61M | 1.30M | 1.30M | 1.31M | 1.30M | 1.29M | 1.29M | 1.29M | 1.31M |
SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
Breakdown | December 31, 2023 | March 31, 2023 | March 31, 2022 | March 31, 2021 | March 31, 2020 |
---|---|---|---|---|---|
Cash and Cash Equivalents | $6.70M | $2.90M | $2.29M | $396.58K | $345.20K |
Short Term Investments | $- | $- | $- | $- | $- |
Cash and Short Term Investments | $6.70M | $2.90M | $2.29M | $396.58K | $345.20K |
Net Receivables | $7.58M | $2.31M | $3.04M | $6.86M | $1.96M |
Inventory | $6.87M | $9.09M | $14.16M | $5.49M | $7.60M |
Other Current Assets | $2.06M | $906.00K | $352.22K | $236.43K | $3.91M |
Total Current Assets | $23.21M | $15.20M | $19.84M | $12.98M | $13.82M |
Property Plant Equipment Net | $4.33M | $1.19M | $1.88M | $2.77M | $1.35M |
Goodwill | $- | $- | $- | $- | $- |
Intangible Assets | $- | $- | $- | $- | $- |
Goodwill and Intangible Assets | $- | $- | $- | $- | $- |
Long Term Investments | $- | $- | $- | $- | $- |
Tax Assets | $- | $- | $892.56K | $887.16K | $- |
Other Non-Current Assets | $179.00K | $255.00K | $86.44K | $147.17K | $1.44M |
Total Non-Current Assets | $4.51M | $1.45M | $2.86M | $3.81M | $2.78M |
Other Assets | $- | $- | $-34.91K | $-25.85K | $- |
Total Assets | $27.71M | $16.65M | $22.67M | $16.76M | $16.60M |
Account Payables | $7.62M | $1.77M | $5.33M | $2.46M | $5.04M |
Short Term Debt | $84.00K | $589.79K | $3.81M | $1.61M | $399.44K |
Tax Payables | $- | $- | $- | $- | $- |
Deferred Revenue | $2.43M | $583.00K | $97.97K | $284.47K | $- |
Other Current Liabilities | $6.08M | $3.18M | $2.79M | $2.68M | $4.06M |
Total Current Liabilities | $16.21M | $6.13M | $12.02M | $7.03M | $9.50M |
Long Term Debt | $3.92M | $145.85K | $607.02K | $1.82M | $1.41M |
Deferred Revenue Non-Current | $- | $- | $- | $- | $- |
Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- |
Other Non-Current Liabilities | $3.00K | $46.15K | $- | $- | $- |
Total Non-Current Liabilities | $3.93M | $192.00K | $607.02K | $1.82M | $1.41M |
Other Liabilities | $- | $- | $- | $- | $- |
Total Liabilities | $20.14M | $6.32M | $12.63M | $8.85M | $10.91M |
Preferred Stock | $- | $- | $- | $- | $- |
Common Stock | $64.00K | $32.00K | $12.21K | $13.01K | $385.58K |
Retained Earnings | $-25.91M | $-19.52M | $-14.88M | $-12.25M | $-14.43M |
Accumulated Other Comprehensive Income Loss | $- | $- | $- | $- | $--0.00B |
Other Total Stockholders Equity | $33.43M | $29.82M | $24.90M | $20.15M | $19.73M |
Total Stockholders Equity | $7.58M | $10.33M | $10.04M | $7.91M | $5.69M |
Total Equity | $7.58M | $10.33M | $10.04M | $7.91M | $5.69M |
Total Liabilities and Stockholders Equity | $27.71M | $16.65M | $22.67M | $16.76M | $16.60M |
Minority Interest | $- | $- | $- | $- | $- |
Total Liabilities and Total Equity | $27.71M | $16.65M | $22.67M | $16.76M | $16.60M |
Total Investments | $- | $- | $- | $- | $- |
Total Debt | $4.01M | $735.65K | $4.42M | $3.42M | $1.81M |
Net Debt | $-2.69M | $-2.16M | $2.13M | $3.03M | $1.46M |
Balance Sheet Charts
Breakdown | September 30, 2024 | June 30, 2024 | March 31, 2024 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 | December 31, 2019 | September 30, 2019 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash and Cash Equivalents | $621.00K | $1.25M | $4.12M | $3.21M | $1.89M | $2.28M | $2.80M | $2.98M | $2.28M | $2.29M | $7.38M | $3.34M | $1.38M | $396.58K | $823.37K | $1.07M | $1.80M | $345.20K | $518.61K | $2.25M |
Short Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Cash and Short Term Investments | $621.00K | $1.25M | $4.12M | $3.21M | $1.89M | $2.28M | $2.80M | $2.98M | $2.28M | $2.29M | $7.38M | $3.34M | $1.38M | $396.58K | $823.37K | $1.07M | $1.80M | $345.20K | $518.61K | $2.25M |
Net Receivables | $4.51M | $2.95M | $3.44M | $11.22M | $908.75K | $9.89M | $7.31M | $11.80M | $10.33M | $2.94M | $12.41M | $11.66M | $5.56M | $2.30M | $8.97M | $18.17M | $1.77M | $1.96M | $8.95M | $17.45M |
Inventory | $7.33M | $6.91M | $6.49M | $13.04M | $10.61M | $12.96M | $10.98M | $16.02M | $12.96M | $14.16M | $11.13M | $19.16M | $8.37M | $5.49M | $5.34M | $8.20M | $6.87M | $7.60M | $8.10M | $15.29M |
Other Current Assets | $1.95M | $686.00K | $1.48M | $457.67K | $557.94K | $672.57K | $154.33K | $158.24K | $230.94K | $453.04K | $301.39K | $224.48K | $569.35K | $4.79M | $3.74M | $167.84K | $552.47K | $3.91M | $3.88M | $1.52M |
Total Current Assets | $14.41M | $11.79M | $15.53M | $27.78M | $13.96M | $25.80M | $21.24M | $30.96M | $25.80M | $19.84M | $31.22M | $34.38M | $15.89M | $12.98M | $18.87M | $27.61M | $11.00M | $13.82M | $21.45M | $36.51M |
Property Plant Equipment Net | $455.00K | $483.00K | $4.19M | $4.46M | $823.88K | $1.60M | $1.19M | $1.39M | $1.60M | $1.84M | $2.07M | $2.33M | $2.55M | $2.75M | $2.92M | $3.18M | $3.36M | $1.35M | $1.56M | $1.46M |
Goodwill | $3.35M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Intangible Assets | $1.36M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Goodwill and Intangible Assets | $4.71M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Long Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Tax Assets | $- | $- | $- | $- | $- | $- | $1.40M | $812.48K | $897.64K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Other Non-Current Assets | $41.00K | $93.00K | $179.00K | $346.24K | $233.56K | $981.05K | $335.09K | $193.84K | $83.41K | $979.00K | $775.28K | $838.30K | $1.01M | $1.03M | $511.13K | $775.06K | $1.48M | $1.44M | $1.08M | $1.01M |
Total Non-Current Assets | $5.21M | $576.00K | $4.37M | $4.81M | $1.06M | $2.58M | $2.92M | $2.40M | $2.58M | $2.82M | $2.84M | $3.17M | $3.56M | $3.78M | $3.44M | $3.95M | $4.84M | $2.78M | $2.63M | $2.47M |
Other Assets | $- | $- | $- | $- | $-0.00B | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Total Assets | $19.61M | $12.37M | $19.90M | $32.58M | $15.02M | $28.38M | $24.16M | $33.36M | $28.38M | $22.67M | $34.06M | $37.55M | $19.45M | $16.76M | $22.30M | $31.57M | $15.84M | $16.60M | $24.08M | $38.98M |
Account Payables | $8.74M | $3.68M | $3.95M | $12.53M | $2.64M | $6.78M | $2.08M | $10.13M | $6.78M | $5.33M | $5.98M | $18.62M | $6.26M | $2.46M | $3.96M | $14.93M | $2.52M | $5.04M | $6.58M | $17.46M |
Short Term Debt | $450.00K | $165.00K | $55.00K | $112.65K | $378.77K | $3.83M | $2.50M | $3.79M | $3.83M | $3.81M | $9.92M | $3.32M | $1.76M | $1.61M | $1.96M | $2.17M | $2.41M | $399.44K | $1.31M | $5.84M |
Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Deferred Revenue | $462.00K | $1.21M | $1.85M | $1.31M | $670.70K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Other Current Liabilities | $6.83M | $4.05M | $4.79M | $5.12M | $1.63M | $3.18M | $6.26M | $4.33M | $3.18M | $2.88M | $5.50M | $4.15M | $2.30M | $2.97M | $5.31M | $3.52M | $2.18M | $4.06M | $8.06M | $6.86M |
Total Current Liabilities | $16.49M | $9.10M | $10.64M | $19.07M | $5.32M | $13.79M | $10.85M | $18.25M | $13.79M | $12.02M | $21.41M | $26.09M | $10.33M | $7.03M | $11.23M | $20.61M | $7.11M | $9.50M | $15.96M | $30.16M |
Long Term Debt | $385.00K | $4.14M | $4.03M | $3.90M | $156.75K | $354.05K | $113.52K | $166.00K | $354.05K | $607.02K | $855.71K | $1.10M | $1.32M | $1.82M | $1.97M | $3.06M | $3.25M | $1.41M | $583.74K | $532.94K |
Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Other Non-Current Liabilities | $- | $- | $- | $-63.85K | $- | $- | $- | $- | $--0.00B | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Total Non-Current Liabilities | $385.00K | $4.14M | $4.03M | $3.84M | $156.75K | $354.05K | $113.52K | $166.00K | $354.05K | $607.02K | $855.71K | $1.10M | $1.32M | $1.82M | $1.97M | $3.06M | $3.25M | $1.41M | $583.74K | $532.94K |
Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $-0.00B | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Total Liabilities | $16.87M | $13.24M | $14.67M | $22.91M | $5.48M | $14.15M | $10.97M | $18.42M | $14.15M | $12.63M | $22.26M | $27.19M | $11.65M | $8.85M | $13.20M | $23.68M | $10.36M | $10.91M | $16.54M | $30.69M |
Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Common Stock | $98.00K | $64.00K | $64.00K | $31.48K | $31.09K | $31.68K | $31.48K | $31.09K | $30.18K | $12.21K | $366.36K | $365.76K | $390.61K | $13.01K | $390.41K | $385.58K | $385.58K | $385.58K | $385.58K | $385.58K |
Retained Earnings | $-33.21M | $-34.40M | $-28.28M | $-21.88M | $-21.98M | $-14.89M | $-16.53M | $-14.60M | $-14.89M | $-14.88M | $-13.11M | $-14.54M | $-12.37M | $-12.25M | $-11.06M | $-12.23M | $-14.63M | $-14.43M | $-12.57M | $-11.81M |
Accumulated Other Comprehensive Income Loss | $- | $- | $- | $--0.00B | $- | $--0.00B | $- | $- | $- | $- | $-0.00B | $--0.00B | $-0.00B | $--0.00B | $-0.00B | $- | $--0.00B | $--0.00B | $- | $--0.00B |
Other Total Stockholders Equity | $35.99M | $33.47M | $33.45M | $31.53M | $31.49M | $29.10M | $29.70M | $29.51M | $29.10M | $24.90M | $24.54M | $24.53M | $19.78M | $20.15M | $19.77M | $19.73M | $19.73M | $19.73M | $19.72M | $19.72M |
Total Stockholders Equity | $2.89M | $-872.00K | $5.23M | $9.68M | $9.54M | $14.23M | $13.20M | $14.94M | $14.23M | $10.04M | $11.80M | $10.36M | $7.80M | $7.91M | $9.10M | $7.89M | $5.48M | $5.69M | $7.54M | $8.29M |
Total Equity | $2.74M | $-872.00K | $5.23M | $9.68M | $9.54M | $14.23M | $13.20M | $14.94M | $14.23M | $10.04M | $11.80M | $10.36M | $7.80M | $7.91M | $9.10M | $7.89M | $5.48M | $5.69M | $7.54M | $8.29M |
Total Liabilities and Stockholders Equity | $19.61M | $12.37M | $19.90M | $32.58M | $15.02M | $28.38M | $24.16M | $33.36M | $28.38M | $22.67M | $34.06M | $37.55M | $19.45M | $16.76M | $22.30M | $31.57M | $15.84M | $16.60M | $24.08M | $38.98M |
Minority Interest | $-148.00K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Total Liabilities and Total Equity | $19.61M | $12.37M | $19.90M | $32.58M | $15.02M | $28.38M | $24.16M | $33.36M | $28.38M | $22.67M | $34.06M | $37.55M | $19.45M | $16.76M | $22.30M | $31.57M | $15.84M | $16.60M | $24.08M | $38.98M |
Total Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Total Debt | $835.00K | $4.30M | $4.08M | $3.94M | $535.52K | $4.19M | $2.62M | $3.95M | $4.19M | $4.42M | $10.78M | $4.42M | $3.08M | $3.42M | $3.94M | $5.23M | $5.66M | $1.81M | $1.90M | $6.38M |
Net Debt | $214.00K | $3.06M | $-41.00K | $725.20K | $-1.35M | $1.91M | $-177.97K | $974.17K | $1.91M | $2.13M | $3.40M | $1.08M | $1.70M | $3.03M | $3.11M | $4.16M | $3.86M | $1.46M | $1.38M | $4.12M |
Annual Cash Flow
Breakdown | December 31, 2023 | March 31, 2023 | March 31, 2022 | March 31, 2021 | March 31, 2020 |
---|---|---|---|---|---|
Net Income | $-8.53M | $-4.64M | $230.00K | $2.17M | $-2.86M |
Depreciation and Amortization | $1.11M | $946.00K | $1.04M | $298.36K | $269.11K |
Deferred Income Tax | $- | $892.56K | $-5.00K | $398.56K | $-527.36K |
Stock Based Compensation | $146.67K | $382.00K | $44.00K | $22.71K | $32.51K |
Change in Working Capital | $-457.33K | $1.20M | $-2.19M | $-3.40M | $3.05M |
Accounts Receivables | $-7.03M | $680.47K | $3.83M | $-1.04M | $-1.61M |
Inventory | $553.33K | $3.86M | $-8.24M | $1.91M | $-1.76M |
Accounts Payables | $- | $-3.51M | $3.22M | $-3.19M | $4.20M |
Other Working Capital | $6.02M | $167.53K | $-998.01K | $-1.07M | $2.21M |
Other Non Cash Items | $8.28M | $892.90K | $-1.13M | $675.18K | $479.70K |
Net Cash Provided by Operating Activities | $548.00K | $-330.00K | $-2.01M | $171.02K | $444.76K |
Investments in Property Plant and Equipment | $-90.67K | $-244.00K | $-118.00K | $-201.16K | $-517.55K |
Acquisitions Net | $- | $- | $- | $- | $- |
Purchases of Investments | $- | $- | $- | $- | $- |
Sales Maturities of Investments | $- | $- | $- | $- | $- |
Other Investing Activities | $72.00K | $- | $- | $- | $- |
Net Cash Used for Investing Activities | $-18.67K | $-244.00K | $-118.00K | $-201.16K | $-517.55K |
Debt Repayment | $-436.00K | $-2.94M | $2.21M | $128.85K | $194.17K |
Common Stock Issued | $- | $3.39M | $9.00M | $- | $- |
Common Stock Repurchased | $- | $- | $-7.16M | $- | $- |
Dividends Paid | $- | $- | $- | $- | $- |
Other Financing Activities | $4.98M | $721.00K | $-24.00K | $-47.33K | $12.40K |
Net Cash Used Provided by Financing Activities | $4.55M | $1.18M | $4.02M | $81.52K | $206.57K |
Effect of Forex Changes on Cash | $- | $- | $- | $- | $- |
Net Change in Cash | $604.00K | $604.00K | $1.89M | $51.38K | $133.79K |
Cash at End of Period | $2.90M | $2.90M | $2.29M | $396.58K | $345.20K |
Cash at Beginning of Period | $2.29M | $2.29M | $397.00K | $345.20K | $211.41K |
Operating Cash Flow | $548.00K | $-330.00K | $-2.01M | $171.02K | $444.76K |
Capital Expenditure | $-90.67K | $-243.73K | $-118.00K | $-201.16K | $-517.55K |
Free Cash Flow | $457.33K | $-574.00K | $-2.13M | $-30.14K | $-72.78K |
Cash Flow Charts
Breakdown | September 30, 2024 | June 30, 2024 | March 31, 2024 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 | December 31, 2019 | September 30, 2019 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | $973.00K | $-6.12M | $-2.37M | $97.53K | $-2.46M | $-2.99M | $-1.93M | $296.47K | $-16.00K | $-1.77M | $1.43M | $692.37K | $-118.61K | $-1.20M | $1.17M | $2.41M | $-206.80K | $-1.85M | $-757.95K | $624.22K |
Depreciation and Amortization | $272.00K | $-11.00K | $136.00K | $484.08K | $183.45K | $149.81K | $52.82K | $62.32K | $58.07K | $65.18K | $64.38K | $66.81K | $68.27K | $112.44K | $83.90K | $67.78K | $77.51K | $76.23K | $80.49K | $59.59K |
Deferred Income Tax | $- | $- | $- | $- | $- | $- | $-586.54K | $85.16K | $-5.08K | $- | $103.00K | $- | $-28.09K | $- | $263.93K | $- | $- | $- | $- | $- |
Stock Based Compensation | $580.00K | $17.00K | $19.00K | $77.00K | $63.41K | $74.00K | $- | $- | $- | $5.91K | $3.00K | $8.00K | $5.10K | $5.11K | $5.00K | $- | $- | $5.00K | $5.00K | $5.00K |
Change in Working Capital | $1.02M | $-1.17M | $-1.10M | $724.95K | $-468.93K | $2.07M | $3.20M | $5.78K | $-4.37M | $4.46M | $8.21M | $-14.89M | $-2.49M | $3.29M | $10.77M | $-16.76M | $2.49M | $3.13M | $14.68M | $-14.90M |
Accounts Receivables | $-1.86M | $575.00K | $4.04M | $-10.41M | $1.43M | $4.96M | $4.63M | $-1.82M | $-7.09M | $9.66M | $-801.84K | $-6.23M | $-3.25M | $6.82M | $9.52M | $-16.70M | $224.72K | $6.83M | $8.65M | $-12.49M |
Inventory | $-418.00K | $-417.00K | $379.00K | $-2.44M | $-1.10M | $1.21M | $4.55M | $-2.97M | $1.21M | $-2.47M | $7.79M | $-10.84M | $-2.88M | $127.24K | $2.85M | $-1.77M | $698.36K | $471.64K | $7.04M | $-6.73M |
Accounts Payables | $4.33M | $-271.00K | $-3.67M | $9.88M | $875.34K | $-252.36K | $-8.00M | $3.35M | $1.39M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Other Working Capital | $-1.03M | $-1.06M | $-1.85M | $3.69M | $-1.67M | $-3.85M | $2.02M | $1.45M | $128.04K | $-2.73M | $1.23M | $2.18M | $3.64M | $-3.65M | $-1.60M | $1.71M | $1.57M | $-4.18M | $-1.01M | $4.32M |
Other Non Cash Items | $-4.51M | $4.43M | $759.00K | $-9.51K | $133.88K | $2.63M | $325.99K | $119.37K | $181.62K | $-1.66M | $-12.35M | $12.75M | $3.36M | $-2.21M | $-11.45M | $13.86M | $-2.61M | $-1.59M | $-11.11M | $11.97M |
Net Cash Provided by Operating Activities | $-1.66M | $-2.85M | $-2.56M | $1.37M | $-2.55M | $1.93M | $1.06M | $569.10K | $-4.15M | $1.10M | $-2.54M | $-1.37M | $793.98K | $5.52K | $839.48K | $-429.95K | $-244.03K | $-239.51K | $2.90M | $-2.24M |
Investments in Property Plant and Equipment | $-64.00K | $-6.00K | $- | $-25.48K | $-42.50K | $-95.00K | $-61.18K | $-66.00K | $-21.80K | $-39.97K | $- | $-22.07K | $-55.53K | $-112.32K | $-3.87K | $-39.66K | $-45.31K | $- | $-304.36K | $-53.60K |
Acquisitions Net | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Purchases of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Sales Maturities of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Other Investing Activities | $17.00K | $- | $- | $53.86K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Net Cash Used for Investing Activities | $-47.00K | $-6.00K | $- | $28.38K | $-42.50K | $-95.00K | $-61.18K | $-66.00K | $-21.80K | $-39.97K | $- | $-22.07K | $-55.53K | $-112.32K | $-3.87K | $-39.66K | $-45.31K | $- | $-304.36K | $-53.60K |
Debt Repayment | $- | $21.00K | $-21.00K | $-79.88K | $-23.97K | $-22.00K | $-1.11M | $-20.25K | $-19.83K | $-19.11K | $-19.00K | $-168.79K | $-19.10K | $-320.00K | $-18.47K | $-20.06K | $422.46K | $- | $- | $-16.30K |
Common Stock Issued | $1.49M | $- | $- | $-0.00B | $1.60M | $- | $110.33K | $217.78K | $4.18M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Common Stock Repurchased | $- | $- | $- | $- | $- | $- | $- | $- | $- | $--0.00B | $- | $-7.16M | $- | $- | $- | $- | $- | $- | $- | $- |
Dividends Paid | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Other Financing Activities | $-407.00K | $-42.00K | $- | $- | $5.89K | $-1.76M | $-183.33K | $- | $-0.00B | $-6.13M | $6.59M | $10.68M | $267.30K | $-0.00B | $-1.09M | $-243.68K | $1.33M | $66.10K | $-4.33M | $3.99M |
Net Cash Used Provided by Financing Activities | $1.08M | $-21.00K | $-21.00K | $-79.88K | $1.59M | $-1.74M | $-1.18M | $197.53K | $4.16M | $-6.15M | $6.58M | $3.35M | $248.20K | $-320.00K | $-1.08M | $-263.74K | $1.75M | $66.10K | $-4.33M | $3.97M |
Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Net Change in Cash | $-624.00K | $-2.88M | $-2.58M | $1.32M | $-1.00M | $604.52K | $- | $- | $- | $-5.08M | $4.04M | $1.95M | $986.65K | $-426.79K | $-247.87K | $-733.35K | $1.46M | $-173.41K | $-1.74M | $1.68M |
Cash at End of Period | $621.00K | $1.25M | $4.12M | $3.21M | $1.89M | $2.90M | $2.80M | $2.98M | $2.28M | $2.29M | $7.38M | $3.34M | $1.38M | $396.58K | $823.37K | $1.07M | $1.80M | $345.20K | $518.61K | $2.25M |
Cash at Beginning of Period | $1.25M | $4.12M | $6.70M | $1.89M | $2.89M | $2.29M | $2.98M | $2.28M | $2.29M | $7.38M | $3.34M | $1.38M | $396.58K | $823.37K | $1.07M | $1.80M | $345.20K | $518.61K | $2.25M | $577.48K |
Operating Cash Flow | $-1.66M | $-2.85M | $-2.56M | $1.37M | $-2.55M | $1.93M | $1.06M | $569.10K | $-4.15M | $1.10M | $-2.54M | $-1.37M | $793.98K | $5.52K | $839.48K | $-429.95K | $-244.03K | $-239.51K | $2.90M | $-2.24M |
Capital Expenditure | $-64.00K | $-6.00K | $- | $-25.48K | $-42.50K | $-95.00K | $-61.18K | $-66.00K | $-21.80K | $-39.97K | $- | $-22.07K | $-55.53K | $-112.32K | $-3.87K | $-39.66K | $-45.31K | $- | $-304.36K | $-53.60K |
Free Cash Flow | $-1.72M | $-2.86M | $-2.56M | $1.35M | $-2.59M | $1.84M | $1.00M | $503.10K | $-4.17M | $1.06M | $-2.54M | $-1.39M | $738.45K | $-106.80K | $835.61K | $-469.62K | $-289.34K | $-239.51K | $2.60M | $-2.29M |
Algorhythm Holdings Stock Forecast
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Algorhythm Holdings Dividends
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Peers: None
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