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Algorhythm Holdings (RIME)
NASDAQ:RIME
RESEARCH TOOLSreports
Earnings Data
Report Date
Aug 25, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
-190Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 16, 2025
|% Change Since: -10.77%
|Next Earnings Date:Aug 25, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed sentiment. The acquisition and growth of SemiCab are clear highlights, showcasing potential for future growth, particularly in India. However, the decrease in sales, increased tariffs, and the impact of one-time charges present significant challenges. Overall, while there are promising developments, the immediate financial challenges balance out the positive aspects.Company Guidance
During the 2025 first-quarter earnings call for Algorhythm Holdings, CEO Gary Atkinson highlighted the strategic acquisition of SemiCab India, emphasizing its role as the exclusive technology provider to the National Digital Freight Exchange (NDFE) in India. The NDFE, backed by the Indian government, facilitates a cooperative freight network for over 35 Fortune 1000 companies, addressing significant inefficiencies with an annual freight spend exceeding $1.4 billion. SemiCab has identified $400 million in potential optimizations within this spend. Despite a decrease in karaoke product sales from $2.4 million to $2 million due to inflation and tariffs, Algorhythm anticipates substantial revenue growth from SemiCab, projecting annualized revenue potential in India to surpass $20 million. Financially, the company improved its stockholders' equity to $3.3 million as of March 31, 2025, after overcoming a deficit caused by warrant liabilities.Acquisition of SemiCab India
Algorhythm Holdings successfully acquired SemiCab India, which is expected to significantly impact the company's growth. SemiCab India is positioned as the exclusive technology provider to the National Digital Freight Exchange (NDFE) in India, handling a total freight spend of over $1.4 billion annually.
Growth in SemiCab Sales
SemiCab's U.S. and India sales have grown nearly five-fold since July of the previous year, with an increase in the number of clients and pilot programs with major companies such as Procter & Gamble and Unilever.
Improvement in Gross Margin
Gross margin improved from 21% to 25% due to a decrease in returns, despite a decrease in sales.
Compliance with NASDAQ Listing Requirements
Algorhythm Holdings achieved stockholders’ equity of $3.3 million, regaining compliance with NASDAQ’s listing requirements.
RIME Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
RIME Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 16, 2025 | $2.60 | $2.69 | +3.46% |
Apr 16, 2025 | $2.53 | $2.43 | -3.95% |
Nov 20, 2024 | $51.06 | $46.66 | -8.62% |
Apr 16, 2024 | $156.86 | $148.74 | -5.18% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Algorhythm Holdings (RIME) report earnings?
Algorhythm Holdings (RIME) is schdueled to report earning on Aug 25, 2025, TBA Not Confirmed.
What is Algorhythm Holdings (RIME) earnings time?
Algorhythm Holdings (RIME) earnings time is at Aug 25, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is RIME EPS forecast?
Currently, no data Available