Algorhythm Holdings, Inc. Q2 FY2022 Earnings Call

Algorhythm Holdings, Inc. (RIME)

Earnings Call FY2022 Q2 Call date: 2022-07-15 Concluded

Quarter scorecard

Revenue

$11.69M

+92.7% YoY

Diluted EPS

$-2.00

Gross margin

27.2%

+1.2 pp YoY

Net income

-$16,003

Classic Karaoke Machines $8.16M

+83.4%

Microphones and Accessories $2.42M

+211.1%

SMC Kids Toys $936,000

+1256.5%

Music Subscription $132,000

License $45,000

-94.2%