ALGORHYTHM HOLDINGS INC
RIMENASDAQTrading Snapshot
- Day Range
- $0.16 β $0.16
- 52-Week Range
- $0.15 β $4.58
- Volume
- $2.13B
- Avg Volume
- $2.24B
- Shares Outstanding
- 2.5M
- Next Earnings
- Nov 3, 2026
Fundamentals Snapshot
- Annual Revenue
- $4M
- Last Q Revenue
- $3M
- P/E Ratio
- -0.1
- P/S Ratio
- 0.0x
- EPS (TTM)
- $-1.03
- Dividend Yield
- 0.00%
- Dilution (1yr)
- +513.7%
Why Investors Own RIME
- βHigh-growth profile β revenue up -8.7% YoY with expanding US Equity exposure.
- βHealthy economics β 28% gross margin and 29% free-cash-flow margin.
- βNew products and segments could unlock additional revenue streams.
Execution delays, intensifying competition, and valuation compression if growth decelerates.
ALGORHYTHM HOLDINGS INC
RIMEAbout ALGORHYTHM HOLDINGS INC
Algorhythm Holdings, Inc., along with its affiliated companies, operates globally in the consumer entertainment sector, specializing in karaoke. The company is responsible for designing, marketing, and distributing a range of audio equipment, accompanying accessories, and musical recordings. Its market presence spans North America, Australia, the United Kingdom, Europe, and other international territories. The company's diverse product lineup includes its flagship "Singing Machine" karaoke devices, licensed "Carpool Karaoke" microphone products, and the "Party Machine" brand for various microphones and portable Bluetooth options. They also offer "Singing Machine Kids" entertainment systems tailored for children and innovative connected vehicle karaoke devices. Beyond hardware, Algorhythm Holdings provides digital music services, including subscription access for iOS and Android platforms, a dedicated web download store, and integrated streaming capabilities for its devices. Their sales model primarily targets a broad spectrum of retailers, encompassing major national chains, warehouse clubs, department stores, lifestyle boutiques, specialty outlets, and direct-to-consumer channels via catalogs and showrooms. Originally incorporated in 1982 as The Singing Machine Company, Inc., the firm rebranded to Algorhythm Holdings, Inc. in September 2024. Its corporate headquarters are located in Fort Lauderdale, Florida.
Otter Score Breakdown
How it's scoredFive components, each rated 1β5β and equally weighted (20%), averaged to a 0β100 score:π Quality β gross marginπ Growth β revenue YoYβοΈ Valuation β P/S ratioβ‘ Momentum β 30-day price changeπ§ Dilution β 1-yr share issuance (buybacks score higher)Analyst Ratings
βLatest News & Updates
ALGORHYTHM HOLDINGS INC tops quarterly estimates as demand accelerates
Revenue grew double digits with management guiding above consensus; margins continued to expand.
Analysts lift RIME price targets on improving margins
Several firms raised targets, citing stronger free cash flow and a healthier backlog.
ALGORHYTHM HOLDINGS INC announces new agreement to expand its footprint
The move broadens the companyβs reach and could add incremental revenue over the next year.