Algorhythm (RIME)
Market Price (9/10/2026): $0.2313 | Market Cap: $3.5 MilSector: Consumer Discretionary | Industry: Consumer Electronics
Algorhythm (RIME)
Market Price (9/10/2026): $0.2313Market Cap: $3.5 MilSector: Consumer DiscretionaryIndustry: Consumer Electronics
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 442% Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -74% Megatrend and thematic driversMegatrends include Artificial Intelligence, and Autonomous Technologies. Themes include AI Software Platforms, Edge AI, Show more. | Weak multi-year price returns2Y Excs Rtn is -138%, 3Y Excs Rtn is -169% | Penny stockMkt Price is 0.2 Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -13 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -149% Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 111% Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 18% Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -127%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -136% Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -418% High stock price volatilityVol 12M is 258% Key risksRIME key risks include [1] non-compliance with Nasdaq listing requirements, Show more. |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 442% |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -74% |
| Megatrend and thematic driversMegatrends include Artificial Intelligence, and Autonomous Technologies. Themes include AI Software Platforms, Edge AI, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -138%, 3Y Excs Rtn is -169% |
| Penny stockMkt Price is 0.2 |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -13 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -149% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 111% |
| Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 18% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -127%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -136% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -418% |
| High stock price volatilityVol 12M is 258% |
| Key risksRIME key risks include [1] non-compliance with Nasdaq listing requirements, Show more. |
Qualitative Assessment
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Algorhythm (RIME) stock has lost about 70% since 5/31/2026 because of the following key factors:
1. Nasdaq Listing Non-Compliance due to Minimum Bid Price Deficiency.
Algorhythm Holdings (RIME) received a notice from Nasdaq on June 16, 2026, indicating non-compliance with the minimum bid price requirement of $1.00 per share. This was based on the closing bid price for 30 consecutive business days from May 4, 2026, to June 15, 2026. The company has a compliance period until December 14, 2026, to regain compliance, otherwise it risks delisting.
2. Continued Operating Losses and Negative Net Income.
Despite a significant 161% year-over-year revenue increase to $3.0 million in fiscal Q2 2026, reported on August 14, 2026, Algorhythm Holdings continued to report substantial financial losses. The company posted a net loss available to common shareholders of $3.8 million for fiscal Q2 2026, driven by a $2.7 million operating loss. Additionally, it incurred a gross loss of $593,000 and net interest expenses of $1.0 million during the quarter. The year-to-date net loss for the first six months of 2026 was $9.5 million.
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Algorhythm (RIME) stock has lost about 70% since 5/31/2026 because of the following key factors:
1. Nasdaq Listing Non-Compliance due to Minimum Bid Price Deficiency.
Algorhythm Holdings (RIME) received a notice from Nasdaq on June 16, 2026, indicating non-compliance with the minimum bid price requirement of $1.00 per share. This was based on the closing bid price for 30 consecutive business days from May 4, 2026, to June 15, 2026. The company has a compliance period until December 14, 2026, to regain compliance, otherwise it risks delisting.
2. Continued Operating Losses and Negative Net Income.
Despite a significant 161% year-over-year revenue increase to $3.0 million in fiscal Q2 2026, reported on August 14, 2026, Algorhythm Holdings continued to report substantial financial losses. The company posted a net loss available to common shareholders of $3.8 million for fiscal Q2 2026, driven by a $2.7 million operating loss. Additionally, it incurred a gross loss of $593,000 and net interest expenses of $1.0 million during the quarter. The year-to-date net loss for the first six months of 2026 was $9.5 million.
3. Shareholder Dilution.
Over the past year, Algorhythm's shareholders experienced substantial dilution, with the total shares outstanding increasing by 575.7%. This significant increase in share count has likely contributed to the downward pressure on the stock price by diluting the value of existing shares.
4. High Stock Volatility and "Very High Risk" Classification.
The stock has been characterized by high volatility, with a reported 14.02% volatility as of August 27, 2026, and is classified as "very high risk." This elevated risk profile and unpredictable price movements likely deterred investors, contributing to the significant decline in its share value.
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Stock Movement Drivers
Fundamental Drivers
The -69.6% change in RIME stock from 5/31/2026 to 9/9/2026 was primarily driven by a -63.6% change in the company's P/S Multiple.| (LTM values as of) | 5312026 | 9092026 | Change |
|---|---|---|---|
| Stock Price ($) | 0.78 | 0.24 | -69.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 7 | 9 | 27.8% |
| P/S Multiple | 1.2 | 0.4 | -63.6% |
| Shares Outstanding (Mil) | 10 | 15 | -34.7% |
| Cumulative Contribution | -69.6% |
Market Drivers
5/31/2026 to 9/9/2026| Return | Correlation | |
|---|---|---|
| RIME | -69.6% | |
| Market (SPY) | 0.8% | 19.4% |
| Sector (XLY) | -7.0% | 19.6% |
Fundamental Drivers
The -86.6% change in RIME stock from 2/28/2026 to 9/9/2026 was primarily driven by a -83.0% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 2282026 | 9092026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.76 | 0.24 | -86.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 3 | 9 | 167.2% |
| P/S Multiple | 1.4 | 0.4 | -70.4% |
| Shares Outstanding (Mil) | 3 | 15 | -83.0% |
| Cumulative Contribution | -86.6% |
Market Drivers
2/28/2026 to 9/9/2026| Return | Correlation | |
|---|---|---|
| RIME | -86.6% | |
| Market (SPY) | 11.4% | 18.9% |
| Sector (XLY) | -3.6% | 14.3% |
Fundamental Drivers
The -89.4% change in RIME stock from 8/31/2025 to 9/9/2026 was primarily driven by a -88.0% change in the company's P/S Multiple.| (LTM values as of) | 8312025 | 9092026 | Change |
|---|---|---|---|
| Stock Price ($) | 2.22 | 0.24 | -89.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 2 | 9 | 442.1% |
| P/S Multiple | 3.5 | 0.4 | -88.0% |
| Shares Outstanding (Mil) | 2 | 15 | -83.7% |
| Cumulative Contribution | -89.4% |
Market Drivers
8/31/2025 to 9/9/2026| Return | Correlation | |
|---|---|---|
| RIME | -89.4% | |
| Market (SPY) | 19.2% | 9.5% |
| Sector (XLY) | -2.4% | 7.7% |
Fundamental Drivers
The -99.9% change in RIME stock from 8/31/2023 to 9/9/2026 was primarily driven by a -99.9% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 8312023 | 9092026 | Change |
|---|---|---|---|
| Stock Price ($) | 248.00 | 0.24 | -99.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 30 | 9 | -71.8% |
| P/S Multiple | 0.2 | 0.4 | 164.2% |
| Shares Outstanding (Mil) | 0 | 15 | -99.9% |
| Cumulative Contribution | -99.9% |
Market Drivers
8/31/2023 to 9/9/2026| Return | Correlation | |
|---|---|---|
| RIME | -99.9% | |
| Market (SPY) | 75.3% | 3.5% |
| Sector (XLY) | 34.7% | 3.4% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| RIME Return | -25% | 1632% | -77% | -91% | -94% | -76% | -100% |
| Peers Return | 65% | -31% | -1% | 35% | 3% | 3% | 62% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 12% | 104% |
Monthly Win Rates [3] | |||||||
| RIME Win Rate | 50% | 33% | 25% | 33% | 25% | 11% | |
| Peers Win Rate | 53% | 48% | 53% | 53% | 55% | 53% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 44% | |
Max Drawdowns [4] | |||||||
| RIME Max Drawdown | -58% | -53% | -85% | -96% | -98% | -94% | |
| Peers Max Drawdown | -33% | -45% | -37% | -28% | -38% | -29% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: KOSS, SONO, DSGX, CHRW, KN.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 9/9/2026 (YTD)
How Low Can It Go
| Event | RIME | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -27.8% | -18.8% |
| % Gain to Breakeven | 38.5% | 23.1% |
| Time to Breakeven | 90 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -62.4% | -9.5% |
| % Gain to Breakeven | 165.7% | 10.5% |
| Time to Breakeven | 226 days | 24 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -46.5% | -24.5% |
| % Gain to Breakeven | 87.0% | 32.4% |
| Time to Breakeven | 42 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -48.9% | -33.7% |
| % Gain to Breakeven | 95.7% | 50.9% |
| Time to Breakeven | 89 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -12.5% | -19.2% |
| % Gain to Breakeven | 14.3% | 23.8% |
| Time to Breakeven | 12 days | 105 days |
| 2016-2017 Trump Reflation Bond Selloff | ||
| % Loss | -10.8% | -3.7% |
| % Gain to Breakeven | 12.2% | 3.9% |
| Time to Breakeven | 19 days | 6 days |
In The Past
Algorhythm's stock fell -27.8% during the 2025 US Tariff Shock. Such a loss loss requires a 38.5% gain to breakeven.
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| Event | RIME | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -27.8% | -18.8% |
| % Gain to Breakeven | 38.5% | 23.1% |
| Time to Breakeven | 90 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -62.4% | -9.5% |
| % Gain to Breakeven | 165.7% | 10.5% |
| Time to Breakeven | 226 days | 24 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -46.5% | -24.5% |
| % Gain to Breakeven | 87.0% | 32.4% |
| Time to Breakeven | 42 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -48.9% | -33.7% |
| % Gain to Breakeven | 95.7% | 50.9% |
| Time to Breakeven | 89 days | 140 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -30.6% | -6.8% |
| % Gain to Breakeven | 44.0% | 7.3% |
| Time to Breakeven | 17 days | 15 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -39.4% | -17.9% |
| % Gain to Breakeven | 65.0% | 21.8% |
| Time to Breakeven | 47 days | 123 days |
| 2010 Eurozone Sovereign Debt Crisis / Flash Crash | ||
| % Loss | -35.1% | -15.4% |
| % Gain to Breakeven | 54.0% | 18.2% |
| Time to Breakeven | 45 days | 125 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -80.6% | -53.4% |
| % Gain to Breakeven | 414.3% | 114.4% |
| Time to Breakeven | 2668 days | 1085 days |
| Summer 2007 Credit Crunch | ||
| % Loss | -29.7% | -8.6% |
| % Gain to Breakeven | 42.2% | 9.5% |
| Time to Breakeven | 3 days | 47 days |
In The Past
Algorhythm's stock fell -27.8% during the 2025 US Tariff Shock. Such a loss loss requires a 38.5% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Algorhythm (RIME)
Algorhythm Holdings, Inc. (RIME) is a global consumer audio entertainment company primarily focused on karaoke products and services. The company develops, markets, and sells a range of equipment and accessories, along with digital music content, catering to both general consumers and children. Algorhythm operates internationally, with a presence in North America, Australia, the United Kingdom, and Europe.
Its main product offerings include various karaoke machines and microphones sold under several brands, such as Singing Machine for general use, the licensed Carpool Karaoke brand for microphones, Party Machine for portable Bluetooth microphones and accessories, and Singing Machine Kids specifically for children's music entertainment. Beyond hardware, Algorhythm also provides connected vehicle karaoke devices and digital music subscription services for iOS and Android platforms, complemented by a web-based download store and integrated streaming services for its hardware products.
Algorhythm primarily distributes its products through a diverse network of retailers. These customers include large national chains, warehouse clubs, department stores, and specialty stores, as well as direct mail catalogs and showrooms, ensuring broad market reach across its global operational footprint.
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Peloton for singing.
Sonos for karaoke.
Weber for karaoke machines.
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- Karaoke Audio Equipment: The company develops and sells various consumer karaoke machines, microphones, and related devices under brands like Singing Machine, Carpool Karaoke, Party Machine, and Singing Machine Kids.
- Karaoke Accessories: Algorhythm offers a range of accessories designed to complement its karaoke audio equipment.
- Karaoke Musical Recordings: The company provides musical recordings, which serve as content for its karaoke machines.
- Karaoke Music Subscription Services: Algorhythm offers subscription-based access to karaoke music libraries for iOS and Android platforms.
- Web-based Music Download Store: The company operates an online store for purchasing and downloading karaoke music.
- Integrated Music Streaming Services: Algorhythm provides streaming services directly integrated into its hardware products for accessing karaoke music.
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Algorhythm (RIME) primarily sells its products to other companies, specifically various types of retailers. While the provided background information does not list the specific names of these customer companies, it identifies them by category. Algorhythm's major customers fall into the following categories:
- National chains
- Warehouse clubs
- Department stores
- Lifestyle merchants
- Specialty stores
- Direct mail catalogs and showrooms
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Gary Atkinson
Chief Executive Officer
Gary Atkinson joined Algorhythm Holdings, Inc. (formerly The Singing Machine Company, Inc.) in January 2008 as General Counsel and Corporate Secretary, and was appointed Chief Executive Officer in May 2012. He has led the strategic direction of the company, focusing on product innovation, profitability, and brand positioning. Mr. Atkinson spearheaded the acquisition of SemiCab, Inc. in July 2024, which repositioned Algorhythm Holdings into an AI-focused logistics and transportation technology company. He is a licensed attorney in Florida and Georgia. Mr. Atkinson holds a Bachelor's Degree in Economics from the University of Rochester and a dual-degree J.D./M.B.A. from Case Western Reserve University School of Law and Weatherhead School of Management.
Alex Andre
Chief Financial Officer and General Counsel
Alex Andre was appointed Chief Financial Officer and General Counsel of Algorhythm Holdings, Inc. on February 13, 2025. He brings nearly 25 years of executive management, financial, legal, and operational experience, having served as CFO for high-growth, public, and private companies for the past 18 years, often also holding the General Counsel role. Prior to joining Algorhythm Holdings, Mr. Andre served as Chief Financial Officer of Lemnature AquaFarms Corporation. He was also the Chief Financial Officer and General Counsel of M.H. Enterprises (Teriyaki Madness® restaurant brand) and, before that, served as Chief Financial Officer and General Counsel of ARC Group, Inc., a publicly-traded restaurant holding company, where he contributed to revenue growth from $20 million to $215 million. His early career included roles as an accountant for KPMG LLP and a corporate & securities attorney for law firms.
Bernardo Melo
Chief Revenue Officer
Bernardo Melo has been with The Singing Machine Company since February 2003 and was appointed Chief Revenue Officer on April 22, 2022. He previously served as the Vice President of Global Sales and Marketing since 2008. During his tenure, Mr. Melo has overseen the sales and operations of the music division, managed the customer service department, and focused on hardware sales for Latin America, Canada, and key U.S. accounts such as Walmart.
Ajesh Kapoor
CEO, SemiCab
Ajesh Kapoor serves as the CEO of SemiCab, a key subsidiary of Algorhythm Holdings, Inc.
Vivek Sehgal
Chief Product Officer, SemiCab
Vivek Sehgal is the Chief Product Officer of SemiCab, a subsidiary of Algorhythm Holdings, Inc.
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Key Business Risks for Algorhythm Holdings, Inc. (RIME)
- Significant Financial Challenges and Liquidity Risk: Algorhythm Holdings, Inc. faces substantial financial challenges, characterized by persistent negative pretax profit margins and declining revenue over recent years, including a 50.4% drop over three years and a 30.62% decline over five years. The company operates with a high leverage ratio, with its debt-to-equity ratio reported as high as 7.3 or even significantly higher. This is compounded by negative operating and net margins, weak balance sheet strength, and a current ratio of 0.53, indicating that short-term assets do not cover short-term liabilities. An Altman Z-Score of -14.87 places the company in a distress zone, suggesting a high risk of bankruptcy within two years. The company has also been noted for rapid cash burn and a suspension of new capital-raising activities, underscoring immediate liquidity concerns.
- Execution Risk of Business Model Transformation: Algorhythm Holdings is undergoing a significant strategic shift, transitioning from primarily a consumer karaoke equipment business to an AI-driven logistics technology company through its SemiCab platform, while retaining its karaoke operations as a subsidiary. This transformation presents considerable execution risks, including potential dilution of focus from the legacy karaoke business and challenges associated with expanding into a new, competitive technology sector. Integrating AI into complex supply chains is inherently difficult and time-consuming, and delays or a lack of client adoption could exacerbate the company's cash burn. Furthermore, the company has flagged material weaknesses in internal controls, which can be a significant concern during a period of rapid change and expansion.
- Nasdaq Delisting Risk: The company faces a tangible risk of delisting from the Nasdaq Stock Market due to non-compliance with minimum bid price and minimum stockholders' equity requirements. To address this, Algorhythm has announced plans for a reverse stock split, but such actions can sometimes signal underlying financial instability and may not always fully alleviate investor concerns or ensure long-term compliance without addressing core operational issues.
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The increasing prevalence and sophistication of software-based karaoke applications available on general-purpose smart devices (smartphones, tablets, smart TVs) coupled with the availability of generic or high-quality Bluetooth microphones, could diminish the market for Algorhythm's dedicated karaoke audio equipment and singing machines. Consumers may opt for these more versatile and often less expensive app-centric solutions, leveraging existing personal electronics, over purchasing specialized karaoke hardware.
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Algorhythm Holdings, Inc. (RIME) has undergone a significant strategic transformation, divesting its legacy consumer karaoke business to focus entirely on its AI-driven logistics technology subsidiary, SemiCab. Therefore, the future revenue growth drivers for Algorhythm are primarily tied to the expansion and success of SemiCab over the next 2-3 years.
Here are the key expected drivers of future revenue growth for Algorhythm:
- Expansion of SemiCab India Operations: SemiCab India is a major growth engine for Algorhythm. The company has significantly expanded its active fleet to 450 trucks, providing the capacity to generate over $23 million in annual revenue when fully utilized. Recent new contract wins with major Indian Fast-Moving Consumer Goods (FMCG) companies and expansions of existing contracts are expected to drive continued revenue growth in this region. Algorhythm also plans to add an additional 1,000 trucks in the latter half of 2025 to support further client expansion in India.
- Growth of the SemiCab Apex SaaS Platform: Algorhythm has launched "Apex," a new high-margin, cloud-native Software-as-a-Service (SaaS) platform designed for 3PLs (third-party logistics providers) and multi-enterprise shippers in the United States and globally. This platform represents a strategic shift towards an asset-light, high-margin model, with a broader rollout anticipated in 2026. The Apex platform targets the substantial U.S. full truckload market, which is approaching $450 billion.
- Increased Customer Acquisition and Contract Expansions for SemiCab: A key driver of revenue growth will be the continued acquisition of new enterprise customers and the expansion of existing contracts for SemiCab's AI-powered collaborative transportation platform. The company has reported securing new Fortune 500 client contracts and achieving significant contract expansions in India, with increased lanes and trip volumes ranging from 100% to 600%.
- Strategic Pivot to an AI-Driven, High-Margin Business Model: The divestiture of the lower-margin karaoke business allows Algorhythm to concentrate its capital and operational resources on SemiCab, its high-growth AI freight platform. This strategic shift to a technology-focused, asset-light SaaS model is expected to significantly improve the company's margins and scalability, thereby boosting future revenue growth and profitability.
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Share Issuance
- In February 2025, Algorhythm Holdings executed a 1-for-200 reverse stock split, reducing outstanding shares to approximately 2.38 million, while also increasing authorized common stock from 100 million to 800 million shares.
- The company completed a registered direct offering in February 2025, selling approximately 24.07 million shares at $0.0831 each, resulting in $2 million in gross proceeds.
- In December 2024 and January 2025, Algorhythm Holdings priced a public offering projected to generate approximately $9.5 million in gross proceeds, which included 55,882,353 shares of common stock or pre-funded warrants.
Inbound Investments
- Algorhythm Holdings received a $9.5 million capital infusion in February 2026, fully capitalizing the company for its 2026 growth plan.
- Through a registered direct offering of common stock in February 2025, the company generated $2 million in gross proceeds.
- The company secured approximately $2 million in funding through a Securities Purchase Agreement in December 2024 and January 2025, by issuing 2,300,000 shares of common stock.
Outbound Investments
- On July 5, 2024, the company, then The Singing Machine Company, Inc., completed the acquisition of SemiCab, Inc., an AI technology company in the global logistics space.
- Consideration for the SemiCab acquisition included the issuance of 641,806 shares of its common stock (approximately 10% of issued and outstanding shares as of July 3, 2024) and the assumption of approximately $2.6 million in liabilities as of March 31, 2024.
- As part of the SemiCab transaction, the company entered into an option agreement to acquire SMCB Solutions Private Limited, SemiCab's Indian subsidiary, for which an additional 320,903 shares of common stock were to be issued.
Capital Expenditures
- Algorhythm Holdings Inc. reported capital expenditures of -$12,000 in Q3 2026, allocated to funding long-term assets and infrastructure.
- Over the last 12 months, capital expenditures totaled -$80,000.
Peer Outperformance in Consumer Electronics
| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Education Services | 14 | -19.2% | 85.2% | 72.2% | LINC 295% · CVSA 236% · PRDO 236% |
| Homebuilding | 18 | -14.6% | 18.9% | 37.7% | GRBK 198% · PHM 160% · TOL 132% |
| Automotive Retail | 18 | -17.9% | 11.1% | 13.2% | MUSA 259% · PAG 176% · ORLY 118% |
| Specialty Stores | 7 | 9.6% | 43.0% | 12.6% | SIG 42% · FIVE 33% · ASO 17% |
| Home Improvement Retail | 5 | -24.7% | -8.8% | 6.2% | HVT 11% · LOW 7% · HD 6% |
| Hotels, Resorts & Cruise Lines | 22 | 11.0% | 42.0% | 4.9% | RCL 228% · MAR 155% · HLT 144% |
| Distributors | 4 | -10.5% | -23.2% | -6.5% | ARMK 155% · GPC 32% · LKQ -45% |
| Home Furnishings | 4 | -7.1% | 23.2% | -13.2% | SGI 52% · LZB 5% · MHK -32% |
| Restaurants | 34 | -10.1% | -13.7% | -15.9% | EAT 320% · CAKE 162% · RAVE 134% |
| Specialized Consumer Services | 10 | -12.8% | 25.8% | -15.9% | HRB 115% · FTDR 77% · SCI 39% |
| Footwear | 9 | 33.9% | 37.8% | -22.9% | WEYS 170% · SHOO 23% · DECK 16% |
| Leisure Products | 13 | -20.5% | -19.5% | -34.2% | GOLF 80% · HAS 11% · MCFT -10% |
| Automotive Parts & Equipment | 38 | -9.6% | -2.6% | -35.1% | MOD 1546% · GTX 283% · STRT 92% |
| Casinos & Gaming | 20 | -12.4% | -25.7% | -36.2% | MCRI 117% · RSI 66% · RRR 62% |
| Apparel, Accessories & Luxury Goods | 27 | -6.5% | 7.5% | -40.8% | ELA 244% · RL 230% · TPR 219% |
| Leisure Facilities | 11 | -5.7% | -11.3% | -40.9% | OSW 132% · JAKK 101% · ESCA 18% |
| Apparel Retail | 25 | -8.7% | 15.3% | -41.6% | ANF 330% · URBN 148% · ROST 111% |
| Household Appliances | 18 | 1.3% | 39.0% | -42.4% | FLXS 175% · KEQU 169% · HBB 123% |
| Broadline Retail | 15 | -19.1% | 10.3% | -53.7% | DDS 315% · EBAY 56% · AMZN 46% |
| Computer & Electronics Retail | 3 | -15.7% | 12.3% | -58.2% | BBY -1% · GME -58% · UPBD -60% |
| Automobile Manufacturers | 8 | -67.6% | -47.8% | -71.4% | GM 77% · TSLA 50% · F 44% |
| Other Specialty Retail | 18 | -31.9% | -48.4% | -78.2% | TLF 111% · BBW 98% · WINA 78% |
| Consumer Electronics ← | 11 | -9.1% | -6.8% | -79.3% | AXIL 2342% · GRMN 75% · MSN -55% |
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Algorhythm Earnings Notes | 12/16/2025 | |
| Can Algorhythm Stock Recover If Markets Fall? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 25.20 |
| Mkt Cap | 2.4 |
| Rev LTM | 694 |
| Op Inc LTM | 128 |
| FCF LTM | 94 |
| FCF 3Y Avg | 114 |
| CFO LTM | 125 |
| CFO 3Y Avg | 144 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 9.2% |
| Rev Chg 3Y Avg | 7.1% |
| Rev Chg Q | 14.5% |
| QoQ Delta Rev Chg LTM | 3.4% |
| Op Inc Chg LTM | 17.5% |
| Op Inc Chg 3Y Avg | 13.4% |
| Op Mgn LTM | 8.0% |
| Op Mgn 3Y Avg | 2.9% |
| QoQ Delta Op Mgn LTM | 1.5% |
| CFO/Rev LTM | 7.0% |
| CFO/Rev 3Y Avg | 7.2% |
| FCF/Rev LTM | 6.0% |
| FCF/Rev 3Y Avg | 5.7% |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| SemiCab | 4 | 0 | ||
| Singing Machine | 23 | |||
| Karaoke Machines | 29 | 39 | ||
| Licensed Products | 0 | 2 | ||
| Microphones and Accessories | 8 | 4 | ||
| Music Subscriptions | 1 | 0 | ||
| Singing Machine Company (SMC) Kids Toys | 2 | 2 | ||
| Total | 4 | 23 | 39 | 48 |
| $ Mil | 2024 |
|---|---|
| SemiCab | -6 |
| Singing Machine | -19 |
| Total | -24 |
| $ Mil | 2024 |
|---|---|
| Singing Machine | 16 |
| SemiCab | 1 |
| Goodwill | 1 |
| Total | 18 |
Price Behavior
| Market Price | $0.24 | |
| Market Cap ($ Bil) | 0.0 | |
| First Trading Date | 12/29/2006 | |
| Distance from 52W High | -93.2% | |
| 50 Days | 200 Days | |
| DMA Price | $0.44 | $1.01 |
| DMA Trend | down | down |
| Distance from DMA | -46.9% | -76.6% |
| 3M | 1YR | |
| Volatility | 96.6% | 258.1% |
| Downside Capture | 477.90 | 507.01 |
| Upside Capture | -114.26 | 153.62 |
| Correlation (SPY) | 14.8% | 9.6% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 2.15 | 2.23 | 1.49 | 1.56 | 1.95 | 0.44 |
| Up Beta | 2.59 | 3.28 | 2.49 | 2.79 | -1.33 | -0.44 |
| Down Beta | -4.84 | -0.24 | 0.86 | -0.05 | -0.08 | -0.87 |
| Up Capture | -74% | -90% | -90% | -43% | 208% | -0% |
| Bmk +ve Days | 10 | 21 | 32 | 68 | 138 | 427 |
| Stock +ve Days | 9 | 16 | 26 | 49 | 99 | 316 |
| Down Capture | 828% | 531% | 315% | 258% | 197% | 113% |
| Bmk -ve Days | 11 | 21 | 32 | 59 | 113 | 324 |
| Stock -ve Days | 12 | 26 | 38 | 74 | 143 | 415 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with RIME | |
|---|---|---|---|---|
| RIME | -88.4% | 257.7% | -0.11 | - |
| Sector ETF (XLY) | -4.2% | 19.5% | -0.34 | 7.9% |
| Equity (SPY) | 18.6% | 12.8% | 1.06 | 9.7% |
| Gold (GLD) | 20.6% | 29.2% | 0.64 | 9.4% |
| Commodities (DBC) | 46.3% | 20.4% | 1.76 | -0.4% |
| Real Estate (VNQ) | 7.3% | 13.6% | 0.27 | 10.8% |
| Bitcoin (BTCUSD) | -29.8% | 43.8% | -0.68 | 14.5% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with RIME | |
|---|---|---|---|---|
| RIME | -65.5% | 649.8% | 0.34 | - |
| Sector ETF (XLY) | 5.0% | 24.1% | 0.17 | -4.0% |
| Equity (SPY) | 12.5% | 17.2% | 0.55 | -1.4% |
| Gold (GLD) | 18.9% | 18.8% | 0.82 | 2.7% |
| Commodities (DBC) | 11.1% | 19.5% | 0.44 | -0.3% |
| Real Estate (VNQ) | 1.2% | 18.9% | -0.04 | 2.9% |
| Bitcoin (BTCUSD) | 10.8% | 52.6% | 0.39 | 2.4% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with RIME | |
|---|---|---|---|---|
| RIME | -31.9% | 518.7% | 0.36 | - |
| Sector ETF (XLY) | 11.9% | 22.2% | 0.49 | -3.2% |
| Equity (SPY) | 15.1% | 17.9% | 0.72 | -1.1% |
| Gold (GLD) | 12.3% | 16.3% | 0.62 | 2.5% |
| Commodities (DBC) | 8.1% | 18.1% | 0.37 | -0.1% |
| Real Estate (VNQ) | 4.7% | 20.7% | 0.19 | 2.8% |
| Bitcoin (BTCUSD) | 63.6% | 66.2% | 1.03 | 2.3% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 7/24/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 11/19/2025 | -15.8% | -7.9% | -13.2% |
| 11/21/2023 | -3.1% | 16.5% | 13.4% |
| 11/14/2022 | 3.7% | 12.8% | 2.7% |
| 7/15/2022 | -4.3% | -12.8% | -10.1% |
| SUMMARY STATS | |||
| # Positive | 1 | 2 | 2 |
| # Negative | 3 | 2 | 2 |
| Median Positive | 3.7% | 14.7% | 8.0% |
| Median Negative | -4.3% | -10.3% | -11.6% |
| Max Positive | 3.7% | 16.5% | 13.4% |
| Max Negative | -15.8% | -12.8% | -13.2% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 11/19/2025 | -15.8% | -7.9% | -13.2% |
| 11/21/2023 | -3.1% | 16.5% | 13.4% |
| 11/14/2022 | 3.7% | 12.8% | 2.7% |
| 7/15/2022 | -4.3% | -12.8% | -10.1% |
| SUMMARY STATS | |||
| # Positive | 1 | 2 | 2 |
| # Negative | 3 | 2 | 2 |
| Median Positive | 3.7% | 14.7% | 8.0% |
| Median Negative | -4.3% | -10.3% | -11.6% |
| Max Positive | 3.7% | 16.5% | 13.4% |
| Max Negative | -15.8% | -12.8% | -13.2% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/14/2026 | 10-Q |
| 03/31/2026 | 05/14/2026 | 10-Q |
| 12/31/2025 | 04/02/2026 | 10-K |
| 09/30/2025 | 11/19/2025 | 10-Q |
| 06/30/2025 | 08/19/2025 | 10-Q |
| 03/31/2025 | 05/15/2025 | 10-Q |
| 12/31/2024 | 04/15/2025 | 10-K |
| 09/30/2024 | 11/19/2024 | 10-Q |
| 06/30/2024 | 08/19/2024 | 10-Q |
| 03/31/2024 | 05/15/2024 | 10-Q |
| 12/31/2023 | 04/15/2024 | 10-KT |
| 09/30/2023 | 11/20/2023 | 10-Q |
| 06/30/2023 | 08/18/2023 | 10-Q |
| 03/31/2023 | 07/14/2023 | 10-K |
| 12/31/2022 | 02/21/2023 | 10-Q |
| 09/30/2022 | 11/14/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/14/2026 | 10-Q |
| 03/31/2026 | 05/14/2026 | 10-Q |
| 12/31/2025 | 04/02/2026 | 10-K |
| 09/30/2025 | 11/19/2025 | 10-Q |
| 06/30/2025 | 08/19/2025 | 10-Q |
| 03/31/2025 | 05/15/2025 | 10-Q |
| 12/31/2024 | 04/15/2025 | 10-K |
| 09/30/2024 | 11/19/2024 | 10-Q |
| 06/30/2024 | 08/19/2024 | 10-Q |
| 03/31/2024 | 05/15/2024 | 10-Q |
| 12/31/2023 | 04/15/2024 | 10-KT |
| 09/30/2023 | 11/20/2023 | 10-Q |
| 06/30/2023 | 08/18/2023 | 10-Q |
| 03/31/2023 | 07/14/2023 | 10-K |
| 12/31/2022 | 02/21/2023 | 10-Q |
| 09/30/2022 | 11/14/2022 | 10-Q |
| 06/30/2022 | 08/22/2022 | 10-Q |
| 03/31/2022 | 07/14/2022 | 10-K |
| 12/31/2021 | 02/14/2022 | 10-Q |
| 09/30/2021 | 11/22/2021 | 10-Q |
| 06/30/2021 | 08/16/2021 | 10-Q |
| 03/31/2021 | 07/14/2021 | 10-K |
| 12/31/2020 | 02/22/2021 | 10-Q |
| 09/30/2020 | 11/16/2020 | 10-Q |
| 06/30/2020 | 08/19/2020 | 10-Q |
| 03/31/2020 | 08/13/2020 | 10-K |
| 12/31/2019 | 02/14/2020 | 10-Q |
| 09/30/2019 | 11/19/2019 | 10-Q |
Industry Resources
| Consumer Discretionary Resources |
| Retail Dive |
| Business of Fashion (BoF) |
| WWD (Women's Wear Daily) |
| National Retail Federation (NRF) |
| McKinsey & Company - Consumer |
| Mintel Consumer Trends |
| Consumer Electronics Resources |
| CNET |
| The Verge |
| Engadget |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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