Algorhythm Holdings, Inc. (RIME) Stock

Algorhythm Holdings, Inc. (RIME) is a Technology stock trading at $0.66 (as of 2026-06-23), with a market capitalization of $6.46M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Algorhythm Holdings, Inc. (RIME) develops, markets, and sells consumer karaoke audio products, accessories, and musical recordings, including karaoke hardware and related services, through brand offerings such as Singing Machine, Carpool Karaoke, and Party Machine. Its karaoke products and music subscriptions are sold primarily to retailers and are distributed across North America, Australia, the United Kingdom, Europe, and internationally.

Understand Algorhythm Holdings, Inc.: how it makes money

Algorhythm Holdings sells consumer karaoke audio equipment and accessories, and musical recordings, under brands including Singing Machine, Carpool Karaoke, Party Machine, and Singing Machine Kids, generating revenue primarily from hardware product and recording sales.

The profit model is primarily driven by selling branded karaoke hardware and related accessories, alongside musical recordings.

Business quality (Weak): The business description is clear, but no official reportable segments or operating KPIs were provided, and the latest quarter shows negative gross and operating margins.

Bull case

  • Multi-brand product portfolio: The company markets karaoke products through multiple brand lines, including Singing Machine, Carpool Karaoke, Party Machine, and Singing Machine Kids.
  • Broad product and content scope: Revenue sources include consumer karaoke audio equipment and accessories, as well as musical recordings.

Bear case

  • Loss-making profitability in the latest quarter: For the quarter ended 2026-03-31, gross margin was -28.2% and operating margin was -181.0%.
  • Limited transparency for investors: No reportable segment revenue breakdown or operational KPI data was provided, making it harder to pinpoint what specifically is driving performance.
Valuation — source: SEC EDGAR (first-party)
Price$0.66
Market Cap$6.46M
EV / EBITDA-0.1
Price / Book1.97
Price / Sales1.27
FCF Yield-133.1%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$4.39M
Net Margin-361.4%
Return on Equity-458.2%
Current Ratio0.90
Revenue Growth (YoY)10.6%
EPS Growth (YoY)4.2%
Financial Health — source: SEC EDGAR
Altman Z-Score-9.09 (distress)
Valuation vs Sector & Industry
Sector P/E (Technology)33.9
Industry P/E (Computers)32.1
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderCastleKnight Management LP ($250700.00)
Institutional Holders Tracked10
Company
SectorTechnology
IndustryComputers
CEOGary Atkinson
Employees25
CountryUS
IPO Date1994-11-11

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RIME earnings history · RIME institutional & insider holders · RIME KPIs & operating metrics · RIME financials · RIME investor presentations & press releases · RIME SEC filings · RIME peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-06-23.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.