Algorhythm Holdings, Inc.

Consumer Staples
Diversified Electronic Products
www.singingmachine.com

Earnings Score
Moat Score
Safety Score

Market Cap $660.71K
PE -0
Debt $303.00K
Cash $621.00K
EV $342.71K
FCF -$5.55M

Earnings

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Sales & Net Margins

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Earnings	-$11.55M
EBIT	-$11.00M
ROE	-422%
ROA	-56%
FCF	-$5.55M
Equity	$2.74M
Growth Stability	-729%
PE	-0.06
PEG	0.03
PB	0.24
P/FCF	-0.12
P/S	0.03
Price/Cash	0.94
Debt/Equity	0.11
Debt/FCF	-0.05
Net Margins	-49%
Gross Margins	18%
Op. Margins	-42%
Earnings CAGR	-1%
Sales Growth YoY	-15%
Sales Growth QoQ	335%
Sales CAGR	-4%
FCF CAGR	-0%
Equity CAGR	5%
Earnings Stability	0.01
Earnings Growth YoY	-68%

Earnings Growth QoQ	-116%
Earnings CAGR 5Y	-2%
Sales CAGR 5Y	-11%
FCF CAGR 5Y	8%
Equity CAGR 5Y	-2%
Earnings CAGR 3Y	-24%
Sales CAGR 3Y	-24%
Equity CAGR 3Y	-37%
Market Cap	$660.71K
Revenue	$26.13M
Assets	$19.61M
Total Debt	$303.00K
Cash	$621.00K
Shares Outstanding	7.34M
EV	342.71K
Earnings Score	6%
Moat Score	1%
Safety Score	33%
Final Score	13%
Working Capital	-2.08M
Current Ratio	0.87
Gross Profit	$4.81M
Shares Growth 3y	75%
Equity Growth QoQ	-414%
Equity Growth YoY	-72%

Assets & ROA

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Stockholders Equity & ROE

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Singing Machine Co Inc was incorporated in California in 1982. In May 1994, the Company merged into a wholly-owned subsidiary incorporated in Delaware with the same name. As a result of that merger, the Delaware corporation became the successor to the business and operations of the California corporation and retained the name The Singing Machine Company, Inc. The Company and its wholly-owned subsidiaries SMC (Comercial Offshore De Macau) Limitada, SMC Logistics, Inc., SMC-Music, Inc. and Singing Machine Holdings Ltd. are engaged in the development, production, marketing and distribution of consumer karaoke audio equipment, accessories, music, musical instruments, and licensed youth electronic products. The Company currently has three different product lines which consist in total of over 50 different models. The product lines consist of the following: Karaoke Machines, Music and Musical Instruments.

SEC Filings

Direct access to Algorhythm Holdings, Inc. (RIME) Annual Reports (10K) and Quarterly Reports (10Q) from the SEC website.

2024
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31
2023
- 10-Q Sep 30
- 10-Q Jun 30
- 10-K Mar 31
2022
- 10-Q Dec 31
- 10-Q Sep 30
- 10-Q Jun 30
- 10-K Mar 31

Sector Comparison

How does Algorhythm Holdings, Inc. compare to its competitors?

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Peter Lynch's Chart

This chart shows the current pricing of Algorhythm Holdings, Inc. compared to its past. The addition of the earnings trend line provides further insights into the company's earnings power.

CAGR -1%

Stability 1%

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Algorhythm Holdings, Inc. Discounted Cash Flow

Fully customizable DCF calculator online for Algorhythm Holdings, Inc..

Years

Calculation mode

= -$54M

	0	1	2	3	4	5	6	7	8	9	10	TV
fcf	-$5.6M	-$5.5M	-$5.5M	-$5.5M	-$5.4M	-$5.4M	-$5.4M	-$5.4M	-$5.3M	-$5.3M	-$5.3M	-$53M
DCF		-$5M	-$4.5M	-$4.1M	-$3.7M	-$3.4M	-$3M	-$2.8M	-$2.5M	-$2.3M	-$2M	-$20M
Value	-$54M

Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years	03/2015	03/2016	03/2017	03/2018	03/2019	08/2019	03/2020	03/2021	03/2022	03/2023	TTM
Net Margins	0%	3%	3%	0%	1%	-	-7%	5%	0%	-12%	-49%
ROA	-	19%	26%	8%	9%	-	-20%	16%	1%	-21%	-56%
ROE	-	30%	23%	2%	7%	-	-50%	27%	2%	-45%	-422%

Bad Net Margins (-48.51%)

Net Margins are too low to guarantee profitability in case of higher costs or higher interest rates. Furthermore lower margins cause higher earnings’ volatility.

Safety and Stability

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years	03/2015	03/2016	03/2017	03/2018	03/2019	08/2019	03/2020	03/2021	03/2022	03/2023	TTM
Debt over FCF	-	0	-	-	-	-	-	-5.73	-0.17	-	-0.05
Debt over Equity	0	0	-	-	-	-	-	0.02	0.04	-	0.11
Growth Stability	-	-	-	13%	53%	-	-729%	-	-	-	-729%

Good Debt/FCF ratio (-0.05)

Net Margins are high enough to offer a good protection on the profits in case of higher costs or higher interests. Furthermore higher margins reduce earnings’ volatility.

Good Debt/Equity ratio (0.11)

The company is not overleveraged and has a good balance between equity and debt.

Bad Graham’s Stability (-729%)

The company has a bad stability in its earnings, which is a sign of a bad competitive advantage.

Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years	03/2015	03/2016	03/2017	03/2018	03/2019	08/2019	03/2020	03/2021	03/2022	03/2023	CAGR 5Y
Revenue YoY growth	-	24%	8%	15%	-24%	-97%	2K%	11%	4%	-17%	-11%
Earnings YoY growth	-	901%	0%	-91%	314%	-	-	-176%	-89%	-2K%	-2%
Equity YoY growth	-	44%	32%	5%	9%	-	-	39%	27%	3%	-2%
FCF YoY growth	-	-312%	-64%	-211%	-90%	-	-	-59%	7K%	-73%	8%