Algorhythm Holdings, Inc. income statement
In fiscal 2025, Algorhythm Holdings, Inc. reported revenue of $4.4m, down 81.3% on the year before, operating income of −$7.9m (a -181.0% margin) and net income of −$15.9m, or −$2.14 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010Mar 2010 | 2011Mar 2011 | 2012Mar 2012 | 2013Mar 2013 | 2014Mar 2014 | 2015Mar 2015 | 2016Mar 2016 | 2017Mar 2017 | 2018Mar 2018 | 2019Mar 2019 | 2020Mar 2020 | 2021Mar 2021 | 2022Mar 2022 | 2023Mar 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 21 | 19 | 26 | 34 | 31 | 39 | 49 | 53 | 61 | 44 | 39 | 46 | 48 | 39 | 23 | 4 | 9 |
| Cost of revenue | — | — | — | — | — | — | — | 39 | 45 | 35 | 30 | 34 | 37 | 30 | 0 | 6 | 11 |
| Gross profit | 4 | 4 | 6 | 8 | 7 | 8 | 12 | 14 | 16 | 9 | 8 | 12 | 11 | 9 | −0 | −1 | −2 |
| Research and development | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — | — | — |
| General and administrative | 3 | 3 | 3 | 3 | 4 | 5 | 5 | 6 | 6 | 6 | 7 | 7 | 7 | 9 | 5 | 7 | 10 |
| Operating income | −3 | −1 | 0 | 2 | 0 | 1 | 2 | 3 | 1 | 1 | −3 | 1 | 0 | −4 | −8 | −8 | −13 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — | 0 | 0 | — | — | — |
| Income before tax | −3 | −1 | 0 | 2 | 0 | 0 | 2 | 3 | 1 | 1 | −3 | 3 | 0 | −4 | −19 | −15 | −16 |
| Income tax | 0 | 0 | 0 | −2 | −1 | 0 | −0 | 1 | 1 | 0 | −1 | 0 | 0 | 1 | — | 0 | — |
| Net income | −3 | −1 | 0 | 3 | 1 | 0 | 2 | 2 | 0 | 1 | −3 | 2 | 0 | −5 | −23 | −16 | −15 |
| Diluted EPS | −$162.00 | −$40.00 | $20.00 | $160.00 | $60.00 | $0.00 | $80.00 | $80.00 | $0.00 | $40.00 | −$140.00 | $111.33 | $9.33 | −$110.00 | −$117.96 | −$2.14 | −$1.97 |
| Diluted shares (average) | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 7m | 8m |
| EBITDA | −3 | −0 | 1 | 2 | 0 | 1 | 2 | 3 | 1 | 1 | −3 | 1 | 0 | −3 | −8 | −8 | −13 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 11 | 8 | 2 | 3 | 2 | 1 | 2 | 3 |
| Cost of revenue | 0 | 0 | 0 | 1 | 2 | 2 | 3 | 4 |
| Gross profit | −0 | −0 | −0 | −0 | −0 | −1 | −1 | −1 |
| General and administrative | 2 | 2 | 1 | 1 | 1 | 3 | 4 | 2 |
| Operating income | −2 | −6 | −1 | −1 | −2 | −4 | −4 | −3 |
| Interest expense | — | — | — | — | 0 | — | — | — |
| Income before tax | −2 | −16 | −8 | −1 | −2 | −4 | −5 | −4 |
| Income tax | — | — | — | — | 0 | 0 | — | 0 |
| Net income | 1 | −16 | −9 | −1 | −3 | −3 | −5 | −4 |
| Diluted EPS | $0.13 | −$352.88 | −$4.66 | −$0.24 | −$1.15 | −$0.96 | −$0.52 | −$0.25 |
| EBITDA | −2 | −6 | −1 | −1 | −2 | −4 | −4 | −3 |
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