Algorhythm Holdings (RIME) Stock

$0.02 0.00 (-15.02%)
Market Cap: $1.70M | NASDAQ

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

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.

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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.

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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.

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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.

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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.

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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.

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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.

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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

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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

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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.

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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

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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.

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Algorhythm Holdings Earnings

This section highlights Algorhythm Holdings's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.

Next Earnings Date

Date: February 18, 2025
Time: Before Market
Est. EPS: $-
Status: Unconfirmed

Last Earnings Results

Date: November 19, 2024
EPS: $0.13
Est. EPS: $0.03
Revenue: $10.62M

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

Analyst ratings, price targets, and earnings estimates for RIME.

Recent Price Targets
Recommendation Trends
Analyst Estimates
Revenue Estimates
High $39.00M
Average $39.00M
Low $39.00M
1 analysts
Net Income Estimates
High $194.58K
Average $194.58K
Low $194.58K
1 analysts
EPS Estimates
High $0.04
Average $0.04
Low $0.04
1 analysts
Latest Price Target Updates
Date Analyst Firm Price Target Price When Posted Upside

Algorhythm Holdings Dividends

Explore Algorhythm Holdings's dividend history, including dividend yield, payout ratio, and historical payments.

Algorhythm Holdings does not currently pay a dividend.

Peers: None

This section provides companies within the same sector, on the same exchange, and of similar market capitalization, allowing comparisons of key financial indicators among peers.

Company Market Cap Price EPS P/E Ratio P/B Ratio
Current Reports (8-K)
Ownership