Algorhythm Holdings Inc. (RIME) Financials

$1.36

$0.05 (-3.2%)
Last update: 04:00 PM EST
Day's range
$1.32
Day's range
$1.46

RIME Income statement / Annual

Last year (2024), Algorhythm Holdings, Inc.'s total revenue was $23.49 M, a decrease of 39.65% from the previous year. In 2024, Algorhythm Holdings, Inc.'s net income was -$23.26 M. See Algorhythm Holdings, Inc.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2024 FY-2023 FY-2022 FY-2021 FY-2020 FY-2019 FY-2018 FY-2017 FY-2016 FY-2015
Period Ended 12/31/2024 12/31/2023 03/31/2023 03/31/2022 03/31/2021 03/31/2020 03/31/2019 03/31/2018 03/31/2017 03/31/2016
Operating Revenue $23.49 M $38.93 M $39.30 M $47.51 M $45.80 M $38.50 M $46.48 M $60.81 M $52.92 M $48.86 M
Cost of Revenue $18.71 M $30.68 M $30.09 M $36.70 M $33.51 M $30.32 M $34.71 M $45.14 M $39.08 M $36.94 M
Gross Profit $4.78 M $8.25 M $9.21 M $10.82 M $12.30 M $8.18 M $11.77 M $15.67 M $13.84 M $11.92 M
Gross Profit Ratio 0.2 0.21 0.23 0.23 0.27 0.21 0.25 0.26 0.26 0.24
Research and Development Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $100.00 K $200.00 K $100.00 K $196.85 K
General & Administrative Expenses $12.24 M $10.53 M $9.47 M $7.16 M $6.60 M $6.56 M $5.79 M $6.37 M $5.52 M $5.13 M
Selling & Marketing Expenses $2.87 M $4.96 M $3.44 M $3.59 M $3.98 M $4.29 M $2.83 M $4.88 M $5.04 M $4.66 M
Selling, General & Administrative Expenses $15.11 M $16.44 M $12.91 M $10.75 M $10.57 M $10.85 M $8.62 M $11.25 M $10.64 M $9.79 M
Other Expenses $3.59 M $0.00 $0.00 $0.00 $298.36 K $571.44 K $159.66 K $19.97 K $109.03 K $0.00
Operating Expenses $18.71 M $16.44 M $12.91 M $10.75 M $10.87 M $11.42 M $10.72 M $14.67 M $10.85 M $9.98 M
Cost And Expenses $37.42 M $47.12 M $43.00 M $47.44 M $44.38 M $41.75 M $45.43 M $59.81 M $49.93 M $46.92 M
Interest Income -$8.89 M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Interest Expense $1.89 M $398.67 K $479.00 K $580.00 K $473.97 K $254.04 K $257.93 K $304.99 K $263.31 K $335.14 K
Depreciation & Amortization $458.00 K $382.67 K $946.00 K $1.04 M $298.36 K $269.11 K $259.66 K $219.97 K $166.03 K $171.79 K
EBITDA -$22.02 M -$7.81 M -$2.18 M $1.91 M $3.34 M -$2.98 M $1.31 M $1.22 M $3.20 M $2.13 M
EBITDA Ratio -0.94 -0.2 -0.06 0.04 0.07 -0.08 0.03 0.02 0.06 0.04
Operating Income Ratio -0.59 -0.21 -0.09 0 0.03 -0.08 0.02 0.02 0.06 0.04
Total Other Income/Expenses Net -$10.44 M -$340.00 K $90.00 K $218.00 K $1.20 M -$254.04 K -$257.93 K -$304.99 K -$263.31 K -$335.14 K
Income Before Tax -$24.37 M -$8.53 M -$3.61 M $287.00 K $2.63 M -$3.50 M $791.03 K $697.36 K $2.72 M $1.60 M
Income Before Tax Ratio -1.04 -0.22 -0.09 0.01 0.06 -0.09 0.02 0.01 0.05 0.03
Income Tax Expense $0.00 $0.00 $1.03 M $57.00 K $456.87 K -$641.81 K $159.48 K $544.88 K $1.02 M -$101.38 K
Net Income -$23.26 M -$8.53 M -$4.64 M $230.00 K $2.17 M -$2.86 M $631.55 K $152.49 K $1.71 M $1.70 M
Net Income Ratio -0.99 -0.22 -0.12 0 0.05 -0.07 0.01 0 0.03 0.03
EPS -2.557 -1.76 -1.65 0.14 1.68 -2.22 0.49 0.12 1.34 1.34
EPS Diluted -2.557 -1.75 -1.65 0.14 1.67 -2.22 0.48 0.12 1.3 1.32
Weighted Average Shares Out $9.10 M $4.85 M $2.81 M $1.64 M $1.29 M $1.28 M $1.28 M $1.28 M $1.27 M $1.27 M
Weighted Average Shares Out Diluted $9.10 M $4.86 M $2.81 M $1.62 M $1.30 M $1.28 M $1.31 M $1.32 M $1.31 M $1.29 M
Link