Algorhythm Holdings Inc - Company Profile
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Algorhythm Holdings Inc (Algorhythm) is a company focused on developing and distributing karaoke products and AI-enabled logistics solutions. The company's main activities include offering karaoke music subscription services and operating a cloud-based collaborative transportation platform called SemiCab. Notable brands under Algorhythm include Singing Machine, Carpool Karaoke, Party Machine, and Singing Machine Kids. Algorhythm's products and services cater to retailers, brands, and transportation providers, addressing supply chain challenges. The company sells its products through distributors and retailers, including department stores and warehouse clubs. Algorhythm's geographic operations have shifted, with significant revenue generated from customers in India. Algorhythm is headquartered in Fort Lauderdale, Florida, the US.
Headquarters
United States of America
Address
6301 Nw 5th Way Ste 2900, Fort Lauderdale, Florida, 33309-6191
Website
singingmachine.com
Telephone
1 954 5961000
No of Employees
49
Industry
Consumer Packaged Goods
Ticker Symbol & Exchange
RIME (NASD)
Revenue (2024)
$4.4M
1378.5%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
31.8%
(2024 vs 2023)
Market Cap*
$7.9M
Net Profit Margin (2024)
XYZ
95.4%
(2024 vs 2023)
* As of and is in US$
Algorhythm Holdings Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Karaoke Machines | Streaming Services | The Singing Machine |
| Microphones and Accessories | Music Subscription Services | Carpool Karaoke |
| Kids Electronics | Logistics Services | Party Machine |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | New Products/Services | In April, the company announced to launch of Semi Cab’s Freight Network Forum. |
| 2026 | Contracts/Agreements | In January, the company announced a strategic contract with Apollo Tyres for Major SemiCab Contract Expansion. |
| 2026 | Contracts/Agreements | In January, the company secured a First Contract Expansion of 2026 with Unilever India. |
Competitor Comparison
| Key Parameters | Algorhythm Holdings Inc | Sonos Inc | VOXX International Corp | Koss Corp | Akai Electric (China) Co., Ltd. |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | China |
| City | Fort Lauderdale | Santa Barbara | Orlando | Milwaukee | Zhongshan |
| State/Province | Florida | California | Florida | Wisconsin | Guangdong |
| No. of Employees | 49 | 1,404 | 911 | 26 | - |
| Entity Type | Public | Public | Private | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Gary Atkinson | Chief Executive Officer; Director; Secretary | Executive Board | 2022 | 43 |
| Alex Andre | Chief Financial Officer; General Counsel | Senior Management | 2025 | 50 |
| Ajesh Kapoor | Chief Executive Officer - semi cab holdings; Director | Executive Board | 2025 | 59 |
| Vivek Sehgal | Chief Product Officer- semi cab holdings | Senior Management | - | - |
| Vasudha Khurana | Vice President - Brand and Communications- SMCB Solutions Private Limited | Senior Management | 2025 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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