Is Algorhythm Holdings, Inc. (RIME) overvalued? · rev $23.5M
Algorhythm Holdings, Inc. (RIME) is a consumer electronics company listed on NASDAQ.
This page asks whether Algorhythm Holdings, Inc. (RIME) looks expensive on cached numbers — not a short thesis.
Latest reported RIME revenue for 2024-12-31 was $23.5M. Net income was -$24.4M. Revenue was down 19.5% from 2023-12-31 to 2024-12-31. RIME currently screens at market cap $11.6M.
RIME currently screens at market cap $11.6M. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next RIME 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the RIME stock page for the full model, not this heading.
Not investment advice.