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Algorhythm Holdings Inc.(RIME)
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$2 Billion Revenue CPG Company Awards SemiCab India New Pilot to Implement Drop & Hook Trucking Model
Globenewswire· 2025-06-04 20:30
Company Announces Geographic Expansion of Lanes and Pilot of Drop & Hook Program in Indian FMCG Sector for the First Time Fort Lauderdale, FL, June 04, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. ("Algorhythm") (NASDAQ: RIME) – an AI technology and consumer electronics holding company, today announced that its subsidiary, SMCB Solutions Private Limited ("SemiCab India"), has been awarded a large expansion to its Master Services Agreement with the Indian subsidiary of the world's third largest consume ...
SemiCab Secures Four New Contract Wins and Four Contract Expansions, Accelerating Revenue Outlook
Globenewswire· 2025-06-04 04:05
Fort Lauderdale, FL, June 03, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME), an AI-driven technology and consumer electronics holding company, today announced that its subsidiary, SMCB Solutions Private Limited (“SemiCab India”), has recently signed four new pilot agreements and four contract expansions with eight enterprise-scale customers in India. Under the new and expanded contracts, SemiCab India will provide enterprise-level shipping services through its AI-powered, ...
Algorhythm Holdings Appoints Ajesh Kapoor to its Board of Directors
Globenewswire· 2025-05-20 20:00
Mr. Kapoor Brings more than 30 Years of Supply-Chain, Logistics Technology and Go-To-Market Leadership to the Board Fort Lauderdale, FL, May 20, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. ("Algorhythm") (NASDAQ: RIME) – an AI technology and consumer electronics holding company, today announced the appointment of Ajesh Kapoor to its board of directors effective May 19, 2025. Mr. Kapoor brings more than 30 years of logistics and supply chain technology innovation and leadership to the Company's Board. ...
Algorhythm Holdings Inc.(RIME) - 2025 Q1 - Earnings Call Transcript
2025-05-16 23:02
Algorhythm Holdings (RIME) Q1 2025 Earnings Call May 16, 2025 10:00 AM ET Company Participants Gary Atkinson - CEOAlex Andre - CFO & General Counsel Conference Call Participants Edward Woo - Director of Research & Senior AnalystNone - Analyst Operator Good day, everyone, and welcome to Algorithm Holdings First Quarter twenty twenty five Financial Results Earnings Call. My name is Paul, and I will be your operator. As a reminder, today's call is being recorded. We have a brief safe harbor, and then we'll get ...
Algorhythm Holdings Inc.(RIME) - 2025 Q1 - Earnings Call Transcript
2025-05-16 23:00
Algorhythm Holdings (RIME) Q1 2025 Earnings Call May 16, 2025 10:00 AM ET Speaker0 Good day, everyone, and welcome to Algorithm Holdings First Quarter twenty twenty five Financial Results Earnings Call. My name is Paul, and I will be your operator. As a reminder, today's call is being recorded. We have a brief safe harbor, and then we'll get started. This call contains forward looking statements under US federal securities laws. These statements are subject to risks and uncertainties that could cause actual ...
Algorhythm Holdings Reports First Quarter 2025 Financial Results
Globenewswire· 2025-05-16 20:00
Fort Lauderdale, FL, May 16, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME) – an AI technology and consumer electronics holding company, announced today its results of operations for the three-month period ended March 31, 2025. Q1 2025 Financial Highlights Algorhythm reported revenue of $2.0 million for the three months ended March 31, 2025 compared to $2.4 million for the three months ended March 31, 2024. Gross profit margin increased by 4.4% to 25.1% from 20.7% compared ...
Algorhythm Holdings Inc.(RIME) - 2025 Q1 - Quarterly Report
2025-05-16 04:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission File Number: 001-41405 ALGORHYTHM HOLDINGS, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction ...
Algorhythm Holdings Acquires SemiCab India, Expands Global AI Transportation Footprint
Globenewswire· 2025-05-05 19:00
Acquisition Adds Multiple Multinational Customers in India and Unlocks Scalable Growth Opportunities in Rapidly Growing Indian Market Fort Lauderdale, FL, May 05, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME), a diversified technology-driven holding company, today announced the acquisition of SMCB Solutions Private Ltd., an India private limited company (“SemiCab India”). This marks Algorhythm’s second transaction with SemiCab, Inc. following the acquisition of its U.S. b ...
Algorhythm Holdings Announces 2024 Financial Results
Newsfilter· 2025-04-16 20:00
Fort Lauderdale, FL, April 16, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (the "Company") (NASDAQ: RIME) – an AI technology and consumer electronics holding company, announced today its results of operations for the twelve months period ended December 31, 2024. 2024 Financial Highlights* The Company reported revenue of $23.5 million for the year ended December 31, 2024 compared to $29.2 million for the nine-month period ended December 31, 2023. Gross profit was $4.8 million for the year ended Decemb ...
Algorhythm Holdings Inc.(RIME) - 2024 Q4 - Annual Report
2025-04-16 04:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended: December 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to ___________ Commission File Number: 001-41405 ALGORHYTHM HOLDINGS, INC. (Exact name of registrant as specified in its charter) (State or other jurisdic ...