Algorhythm Holdings, Inc. Q3 FY2022 Earnings Call

Algorhythm Holdings, Inc. (RIME)

Earnings Call FY2022 Q3 Call date: 2022-11-14 Concluded

Quarter scorecard

Revenue

$17.11M

-1.5% YoY

Diluted EPS

$16.00

-81.4% YoY

Gross margin

22.5%

+3.3 pp YoY

Net income

$296,467

-57.2% YoY

Classic Karaoke Machines $9.13M

-31.5%

Streaming Karaoke Machines $4.80M

Microphones and Accessories $2.56M

+111.4%

SMC Kids Toys $622,000

-39.1%

Licensed Products $4,000