Algorhythm Holdings
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Algorhythm Holdings's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 15% to $38,930,657. Profit margin reached -22%. Total operating expenses were $16,443,995.

Profit Margin

Algorhythm Holdings Inc. (NASDAQ:RIME): Profit margin
2015 39.30M 170.15K 0.43%
2016 48.85M 1.70M 3.49%
2018 60.80M 152.48K 0.25%
2021 45.80M 2.17M 4.74%
2023 38.93M -8.53M -21.91%

RIME Income Statement (2014 – 2023)

2023 2020 2017 2015 2014
Revenue
Revenue
38.93M45.80M60.80M48.85M39.30M
Cost of revenue
30.67M33.50M45.13M36.93M30.99M
Gross profit
8.25M12.29M15.67M11.91M8.31M
Operating exp.
Research and development
00200K196.84K114.52K
Selling and marketing
4.95M3.97M4.87M4.65M3.10M
Total operating expenses
16.44M10.87M14.67M9.98M7.74M
Operating income
-8.19M1.42M1.00M1.93M568.61K
Other income (expenses), net
-340.00K1.20M-304.99K-335.13K-305.75K
Income before tax
-8.53M2.62M697.36K1.60M262.85K
Income tax expense
1.03M456.86K544.87K-101.37K92.70K
Net income
-8.53M2.17M152.48K1.70M170.15K
Earnings per share
Basic EPS
-1.761.680.121.340.13
Diluted EPS
-1.751.670.121.320.13