Filing Flows › Algorhythm Holdings (RIME) › Q1 2025
Algorhythm Holdings (RIME) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 15, 2025
Algorhythm Holdings (RIME) reported revenue of $2.0M for the first quarter 2025 (Q1 2025), -18% from a year earlier and -75% from the quarter before. Operating margin was -141.0%, net loss $9.3M (466.3% of revenue).
Algorhythm Holdings, Q1 2025: revenue $2.0M (-18% year over year), operating margin -141.0%, net loss $9.3M, operating cash flow −$3.1M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.0M | -75% | -18% |
| Operating profit | −$2.8M | — | — |
| Net earnings | −$9.3M | — | — |
| Operating cash flow | −$3.1M | — | — |
What changed
Revenue was $2.0M in Q1 2025, down 18% year over year and down 75% from the previous quarter. Microphones and Accessories was the largest line at 39% of revenue. Classic Karaoke Machines lost $304K year over year (down 29%), 70% of the total change.
Gross margin was 25.1%, up 4.4 points from a year earlier. Operating costs exceeded revenue by $2.8M, an operating margin of -141.0%. Operating expenses grew 19% against a revenue fall of 18%. The fastest-growing cost line was Sales & marketing (+21%). The quarter ended with a net loss of $9.3M, narrower than the previous quarter's $16.9M loss. Minority interests bore $103K of it: to shareholders the quarter was a loss of $9.2M. Net interest and other expense of $6.5M was the main reason.
Operating cash flow was −$3.1M. Non-cash charges added back $91K of depreciation and amortization and $85K of share-based compensation. Working capital and other items added $6.0M.
Questions
What was Algorhythm Holdings' revenue in the first quarter 2025?
Algorhythm Holdings (RIME) reported revenue of $2.0M for the first quarter 2025 (Q1 2025), -18% from a year earlier and -75% from the quarter before.
Was Algorhythm Holdings profitable in the first quarter 2025?
Operating loss was $2.8M (-141.0% of revenue) and net loss $9.3M.