Welcome to our dedicated page for Algorhythm Holdings news (Ticker: RIME), a resource for investors and traders seeking the latest updates and insights on Algorhythm Holdings stock.
Algorhythm Holdings Inc (RIME) delivers cutting-edge solutions through its dual focus on AI-driven logistics and consumer karaoke entertainment. This page serves as the definitive source for official company announcements, providing stakeholders with timely updates across both business segments.
Access consolidated press releases covering strategic partnerships, product launches, and operational milestones. Investors will find earnings reports and leadership updates, while industry observers can track developments in AI-enabled supply chain technology and consumer entertainment innovations.
Key updates include logistics algorithm enhancements, karaoke product expansions, and market penetration strategies. All content is sourced directly from corporate communications to ensure accuracy and compliance.
Bookmark this page for streamlined access to RIME's latest developments. Combine sector-specific insights with corporate strategy analysis through our curated news collection.
Algorhythm Holdings (NASDAQ:RIME) reported Q3 2025 revenue of $1.7M, up 1,273% YoY, driven by the May acquisition and expansion of SemiCab India. SemiCab grew >1,200% YoY and expanded an active fleet to 450 trucks, capable of >$23M annual revenue at full utilization. Operating expenses declined >33% to about $1.2M, and net loss from continuing operations improved to $1.9M (>10% improvement YoY). The company ended the quarter with $2.8M cash and gained a supply-chain finance receivables facility with Bank of America to access nondilutive working capital. The results reflect a strategic pivot from legacy consumer operations to an AI-driven logistics and SaaS model.
Algorhythm Holdings (NASDAQ: RIME) reported third quarter 2025 results on November 19, 2025, highlighting a transformative quarter as the company shifts to an AI distribution and logistics focus.
Key figures: revenue rose to $1.7M from $0.1M year‑over‑year (headline: 1,273% YoY), operating expenses fell to $1.2M from $1.8M, net loss from continuing operations narrowed to $1.9M from $2.1M, and cash on hand was $2.8M as of September 30, 2025.
Notable corporate actions: sale of Singing Machine for $4.5M; acquisition and growth of SemiCab (fleet expanded to 450 trucks with >$23M annual revenue capacity); launch of SemiCab’s Apex SaaS platform; a master service agreement with Bajaj Electricals (company with >$560M annual sales); and a supply‑chain finance facility with Bank of America.
Algorhythm Holdings (NASDAQ:RIME) will release its third quarter 2025 earnings on Wednesday, November 19, 2025. Management will host a conference call to discuss results and provide a business update on the same day at 10:00 a.m. Eastern Time.
Investors can join via dial-in 888-999-3182 using Conference ID RIME. An audio rebroadcast will be available later that day at https://ir.algoholdings.com.
Algorhythm Holdings (NASDAQ: RIME) announced that SemiCab has launched Apex, a cloud-native AI logistics SaaS platform for U.S. 3PLs and enterprise shippers on Nov. 13, 2025. Apex extends SemiCab’s freight orchestration engine—first deployed with India’s National Digital Freight Exchange—to the U.S., integrating with existing TMS/WMS and telematics via open APIs.
The company cites a U.S. full-truckload market of $450 billion (2025), projected to $535 billion by 2030, and estimates >$100 billion in potential annual savings from reduced empty miles, referencing India results of >70% empty-mile reduction. Pilot talks are underway with broader rollout planned for 2026.
Algorhythm Holdings (NASDAQ: RIME) announced that SemiCab has appointed Michael Silvagni as VP of US Sales effective Oct 13, 2025. Silvagni will lead and expand SemiCab’s US sales team and manage enterprise SaaS and AI‑enabled logistics deals.
The company said Silvagni brings 15+ years of logistics and SaaS sales experience and a track record of winning multi‑million‑dollar contracts. SemiCab is preparing multiple AI logistics products for US launch and plans to leverage the expanded sales team to increase truckload utilization, capture market share, and scale growth after recent expansion in India.
Algorhythm Holdings (NASDAQ: RIME) on October 7, 2025 appointed Kapil Gupta and Scott Thorn to its Board of Directors. Both directors bring senior experience in scaling technology and operations: Kapil Gupta leads Application Operations – Public Markets (US) at IBM with 25+ years in digital transformation, and Scott Thorn is President & COO of InvitedHome with 20+ years of operational and restructuring experience and prior entrepreneurial exits. The company said the appointments aim to strengthen governance and advance growth of SemiCab’s AI-driven freight logistics platform.
Algorhythm Holdings (NASDAQ:RIME)'s subsidiary SemiCab has been awarded the Best Value Award at LogiMeet 2025, a prestigious event hosted by a Fortune 50 consumer packaged goods company. The recognition comes from one of SemiCab's largest customers, highlighting the success of their AI-enabled Collaborative Transportation Platform.
CEO Ajesh Kapoor emphasized that since the client began using their platform in 2023, service scope has expanded by over 500%. The award validates SemiCab's mission to reduce empty miles and transform freight logistics through their AI technology solutions.
Algorhythm Holdings (NASDAQ: RIME) announced the appointment of Vasudha Khurana as VP of Brand and Communications for its subsidiary SemiCab's global market. Khurana brings 12 years of marketing experience from prominent companies including Google and Unilever.
At her previous role in PhonePe, Khurana led initiatives that doubled the user base from 250 million to 500 million users. She will now lead SemiCab's brand development, marketing strategies, and global go-to-market initiatives for upcoming product launches. The appointment aligns with SemiCab's expansion plans among global CPG shippers in India and new international markets.
Algorhythm Holdings (NASDAQ: RIME) has announced that its subsidiary, SemiCab India, has secured a supply chain finance receivables facility with Bank of America. This non-dilutive facility will provide access to working capital by enabling accelerated payment on eligible accounts receivable from its three largest global FMCG, industrial, and automotive customers in India.
The facility offers financing at 1% above the Indian one-year Treasury Bill rate (approximately 5.6%) with no limit on eligible receivables. Combined with their recent $4.4 million financing, this ensures capitalization through 2026 to support SemiCab's growth in AI-powered logistics and distribution solutions.
Algorhythm Holdings (NASDAQ:RIME), an AI technology holding company, announced its participation in the upcoming H.C. Wainwright 27th Annual Global Investment Conference from September 8-10, 2025, in New York City.
CEO Gary Atkinson will deliver an on-demand presentation about the company's business overview, available to conference attendees starting September 5th at 7:00 AM ET. Additionally, Mr. Atkinson will conduct one-on-one meetings with registered conference attendees throughout the event.
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