Revenue Breakdown
Composition ()
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Revenue Streams
Algorhythm Holdings Inc (RIME) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Karaoke Machines, accounting for 56.4% of total sales, equivalent to $1.53M. Other significant revenue streams include Logistics Services and Music Subscriptions. Understanding this composition is critical for investors evaluating how RIME navigates market cycles within the IT Services & Consulting industry.
Profitability & Margins
Evaluating the bottom line, Algorhythm Holdings Inc maintains a gross margin of -20.13%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at -89.74%, while the net margin is -107.91%. These profitability ratios, combined with a Return on Equity (ROE) of -1402.93%, provide a clear picture of how effectively RIME converts its operational activities into shareholder value.
Comparative Benchmarking
In the context of the broader market, RIME competes directly with industry leaders such as AGAE and SEGG. With a market capitalization of $10.25M, it holds a significant position in the sector. When comparing efficiency, RIME's gross margin of -20.13% stands against AGAE's 5.17% and SEGG's -905.96%. Such benchmarking helps identify whether Algorhythm Holdings Inc is trading at a premium or discount relative to its financial performance.
