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NASDAQ: RIME
Algorhythm Holdings Inc Stock

$0.30-0.02 (-6.25%)
Updated Nov 6, 2024
RIME Price
$0.30
Fair Value Price
N/A
Market Cap
$2.92M
52 Week Low
$0.25
52 Week High
$1.97
P/E
-0.15x
P/B
-3.35x
P/S
0.24x
PEG
N/A
Dividend Yield
N/A
Revenue
$31.44M
Earnings
-$12.42M
Gross Margin
19.6%
Operating Margin
-38.52%
Profit Margin
-39.5%
Debt to Equity
-15.18
Operating Cash Flow
-$2M
Beta
0.23
Next Earnings
Nov 19, 2024
Ex-Dividend
N/A
Next Dividend
N/A

RIME Overview

The Singing Machine Company, Inc., together with its subsidiaries, engages in the development, marketing, and sale of consumer karaoke audio equipment, accessories, and musical recordings in North America, Europe, and Australia. It offers karaoke products under the Singing Machine brand; licensed karaoke microphone products under the Carpool Karaoke brand; microphone accessories and portable Bluetooth microphones under the Party Machine brand; music entertainment singing machines for children under the brand Singing Machine Kids; and karaoke music subscription services for the iOS and Android platforms, as well as a web-based download store and integrated streaming services for hardware. The company primarily sells its products to retailers, including national chains, warehouse clubs, department stores, lifestyle merchants, specialty stores, and direct mail catalogs and showrooms. The Singing Machine Company, Inc. was incorporated in 1982 and is headquartered in Fort Lauderdale, Florida.

Zen Score

–
Industry Average (27)
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Due Diligence Checks

RIME is unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
RIME is unprofitable, so we are unable to assess its PEG ratio
PEG Value Valuation
RIME's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
There are 30 more RIME due diligence checks available for Premium users.

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Valuation

RIME price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-0.15x
Industry
18.86x
Market
24.29x

RIME price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
-3.35x
Industry
6.76x

RIME's financial health

Profit margin

Revenue
$2.4M
Net Income
-$6.1M
Profit Margin
-250.8%
RIME's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
RIME's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$12.4M
Liabilities
$13.2M
Debt to equity
-15.18
RIME's short-term assets ($11.79M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
RIME's short-term assets ($11.79M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
RIME's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
RIME's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$2.9M
Investing
-$6.0k
Financing
-$21.0k
RIME's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

RIME vs Internet Content & Information Stocks

TickerMarket Cap1d %P/EP/B
RIME$2.92M-7.41%-0.15x-3.35x
ASST$2.56M-1.73%-0.40x1.22x
DGLY$3.62M-20.34%-0.13x1.56x
TC$1.40M-7.66%-0.11x-1.75x
ONFO$6.20M+7.08%-0.85x1.38x

Algorhythm Holdings Stock FAQ

What is Algorhythm Holdings's quote symbol?

(NASDAQ: RIME) Algorhythm Holdings trades on the NASDAQ under the ticker symbol RIME. Algorhythm Holdings stock quotes can also be displayed as NASDAQ: RIME.

If you're new to stock investing, here's how to buy Algorhythm Holdings stock.

What is the 52 week high and low for Algorhythm Holdings (NASDAQ: RIME)?

(NASDAQ: RIME) Algorhythm Holdings's 52-week high was $1.97, and its 52-week low was $0.25. It is currently -84.77% from its 52-week high and 19.52% from its 52-week low.

How much is Algorhythm Holdings stock worth today?

(NASDAQ: RIME) Algorhythm Holdings currently has 9,736,850 outstanding shares. With Algorhythm Holdings stock trading at $0.30 per share, the total value of Algorhythm Holdings stock (market capitalization) is $2.92M.

Algorhythm Holdings stock was originally listed at a price of $50.01 in Dec 31, 1997. If you had invested in Algorhythm Holdings stock at $50.01, your return over the last 26 years would have been -99.4%, for an annualized return of -17.86% (not including any dividends or dividend reinvestments).

How much is Algorhythm Holdings's stock price per share?

(NASDAQ: RIME) Algorhythm Holdings stock price per share is $0.30 today (as of Nov 6, 2024).

What is Algorhythm Holdings's Market Cap?

(NASDAQ: RIME) Algorhythm Holdings's market cap is $2.92M, as of Nov 8, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Algorhythm Holdings's market cap is calculated by multiplying RIME's current stock price of $0.30 by RIME's total outstanding shares of 9,736,850.
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