Classic Karaoke Machines was Algorhythm Holdings’s largest product and service line in fiscal 2023, bringing in $24.19M of $29.20M (83%).
| Product and Service | FY 2018 | FY 2019 | FY 2020 | FY 2022 | FY 2023 | FY 2023 |
|---|---|---|---|---|---|---|
| Karaoke Machines | $32.60M | — | — | — | ||
| Classic Karaoke Machines | — | $38.90M | $28.80M | $24.19M | ||
| Download Karaoke Machines | — | — | — | — | ||
| Microphones & Accessories | $2.60M | $4.20M | $7.80M | $3.28M | ||
| Music & Accessories | — | — | — | — | ||
| Smc Kids Toys | $900.00K | $2.30M | $1.90M | — | ||
| Licensed Product | $2.00M | — | — | — | ||
| License | — | $1.60M | $100.00K | — | ||
| Music Subscription | — | $500.00K | $700.00K | — | ||
| Kids Youth Electronics | — | — | — | $565.00K | ||
| Licensed Products | — | — | — | $549.00K | ||
| Music Subscriptions | $400.00K | — | — | $612.00K | ||
| Total | $38.50M | $47.50M | $39.30M | $29.20M |
Algorhythm Holdings brought in $29.20M from its five product and service lines in fiscal 2023, the year ended December 31, 2023. Algorhythm Holdings regrouped these lines after fiscal 2023, so the total does not compare directly with that year's $39.30M. Classic Karaoke Machines was the largest at $24.19M (82.8%), ahead of Microphones & Accessories at $3.28M (11.2%) and Music Subscriptions at $612.00K (2.1%). The other two lines brought in $1.11M combined.
Compared with fiscal 2023, Classic Karaoke Machines fell 16.0% to $24.19M and Microphones & Accessories fell 57.9% to $3.28M.
Algorhythm Holdings began breaking out Kids Youth Electronics in fiscal 2023 and Licensed Products in fiscal 2023. Algorhythm Holdings stopped reporting Karaoke Machines ($32.60M in fiscal 2020), Licensed Product ($2.00M in fiscal 2020), Smc Kids Toys ($1.90M in fiscal 2023) and two others as separate lines.
Originally Reported was Algorhythm Holdings’s largest revenue line in fiscal 2019, bringing in $46.48M of $44.20M (105%).
| Revision of Prior Period | FY 2019 |
|---|---|
| Originally Reported | $46.48M |
| Adjustment | -$2.28M |
| Total | $44.20M |
Algorhythm Holdings brought in $44.20M from its two revenue lines in fiscal 2019, the year ended March 31, 2019. Originally Reported was the largest at $46.48M (105.2%).
The total is net of Adjustment, which took $2.28M off revenue in fiscal 2019.
North America was Algorhythm Holdings’s largest region in fiscal 2023, bringing in $28.76M of $29.20M (99%).
| Geography | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | $36.00M | $44.20M | $46.40M | $38.30M | $28.76M | ||||||||
| Europe | $1.70M | $1.20M | $100.00K | — | — | ||||||||
| Australia | $500.00K | $400.00K | $700.00K | $700.00K | $205.00K | ||||||||
| Asia | $300.00K | — | — | — | — | ||||||||
| United Kingdom | — | — | $200.00K | $300.00K | — | ||||||||
| Europe & United Kingdom | — | — | — | — | $226.00K | ||||||||
| South Africa | — | — | — | — | — | ||||||||
| Others | — | — | $100.00K | — | $4.00K | ||||||||
| Total | $38.50M | $45.80M | $47.50M | $39.30M | $29.20M |
Algorhythm Holdings brought in $29.20M from its four regions in fiscal 2023, the year ended December 31, 2023. Algorhythm Holdings regrouped these regions after fiscal 2023, so the total does not compare directly with that year's $39.30M. North America was the largest at $28.76M (98.5%), ahead of Europe & United Kingdom at $226.00K (0.8%) and Australia at $205.00K (0.7%). The remaining region, Others, brought in $4.00K.
Algorhythm Holdings began breaking out Europe & United Kingdom in fiscal 2023, when it brought in $226.00K. Algorhythm Holdings stopped reporting Asia ($300.00K in fiscal 2020), United Kingdom ($300.00K in fiscal 2023) and Europe ($100.00K in fiscal 2022) as separate regions.
Algorhythm Holdings (RIME) reports its revenue by product and service, by revision of prior period and by geography. In fiscal 2023, Classic Karaoke Machines was its largest product and service line, bringing in $24.19M (82.8% of the total), followed by Microphones & Accessories at $3.28M (11.2%).
Classic Karaoke Machines was Algorhythm Holdings' largest product and service line in fiscal 2023, bringing in $24.19M, or 82.8% of the $29.20M total across its five product and service lines.
Originally Reported was Algorhythm Holdings' largest revenue line in fiscal 2019, bringing in $46.48M, or 105.2% of the $44.20M total across its two revenue lines.
North America was Algorhythm Holdings' largest region in fiscal 2023, bringing in $28.76M, or 98.5% of the $29.20M total across its four regions.
Every figure comes from Algorhythm Holdings' annual financial filings, as reported. Each line keeps the name Algorhythm Holdings gives it, and years follow its fiscal calendar.
Algorhythm Holdings' revenue by product and service goes back to fiscal 2018, with figures through fiscal 2023. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.