RIME fundamentals
Key facts
Algorhythm Holdings, Inc. engages in the development, marketing, and sale of consumer karaoke audio equipment, accessories and musical recordings. It operates through the Singing Machine and SemiCab segments. The Singing Machine segment is a home karaoke consumer products business that designs and distributes karaoke products globally to retailers and ecommerce partners. The SemiCab segment is an artificial intelligence (“AI”) enabled software logistics business operated through the subsidiary, SemiCab Holdings, LLC. Its portfolio of owned and licensed brands and products are organized into the following categories: Karaoke, Licensed Products, Microphones and Accessories, Singing Machine Kids Youth Electronics and Music Subscriptions. The company was founded by Eddie Steele in 1982 and is headquartered in Fort Lauderdale, FL.
Valuation
Fundamental metrics to determine fair value of the stock
Growth and Profitability
Company’s recent performance and margins
Dividends
Dividend yield, history and sustainability
Financial health
Financial position and solvency of the company