RIME: Singing Machine Co Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Singing Machine Co Inc (RIME).
$5.08M Market Cap.
RIME Market Cap. (MRY)
RIME Shares Outstanding (MRY)
RIME Assets (MRY)
Total Assets
$18.30M
Total Liabilities
$28.82M
Total Investments
$701.00K
RIME Income (MRY)
Revenue
$23.49M
Net Income
-$23.26M
Operating Expense
$18.71M
RIME Cash Flow (MRY)
CF Operations
-$8.56M
CF Investing
-$2.25M
CF Financing
$11.65M
RIME Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $18,302,000 (9.93%) | $16,648,597 (-26.55%) | $22,665,854 (35.22%) | $16,761,911 (0.97%) |
Assets Current | $16,763,000 (10.29%) | $15,199,465 (-23.40%) | $19,842,413 (52.88%) | $12,979,306 (-6.08%) |
Assets Non-Current | $1,539,000 (6.20%) | $1,449,132 (-48.67%) | $2,823,441 (-25.36%) | $3,782,605 (35.99%) |
Goodwill & Intangible Assets | $1,131,000 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Shareholders Equity | -$9,485,000 (-191.81%) | $10,331,045 (2.94%) | $10,036,424 (26.89%) | $7,909,538 (39.06%) |
Property Plant & Equipment Net | $379,000 (-68.27%) | $1,194,392 (-35.24%) | $1,844,441 (-32.89%) | $2,748,268 (104.30%) |
Cash & Equivalents | $7,550,000 (160.83%) | $2,894,574 (26.37%) | $2,290,483 (477.56%) | $396,579 (14.88%) |
Accumulated Other Comprehensive Income | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Deferred Revenue | $0 (0%) | $583,323 (495.42%) | $97,968 (-32.63%) | $145,408 (-81.97%) |
Total Investments | $701,000 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Current | $701,000 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $2,186,000 (-77.32%) | $9,639,992 (-31.93%) | $14,161,636 (157.94%) | $5,490,255 (-27.77%) |
Trade & Non-Trade Receivables | $4,585,000 (98.13%) | $2,314,164 (-23.83%) | $3,038,072 (-55.69%) | $6,856,042 (112.33%) |
Trade & Non-Trade Payables | $3,808,000 (115.22%) | $1,769,348 (-67.18%) | $5,391,265 (113.59%) | $2,524,153 (-54.47%) |
Accumulated Retained Earnings (Deficit) | -$49,172,000 (-151.95%) | -$19,516,944 (-31.18%) | -$14,878,482 (-21.42%) | -$12,254,191 (15.06%) |
Tax Assets | $0 (0%) | $0 (0%) | $892,559 (0.61%) | $887,164 (-31.00%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $650,000 (8.97%) | $596,503 (-86.50%) | $4,417,842 (29.02%) | $3,424,249 (89.17%) |
Debt Current | $265,000 (-47.89%) | $508,515 (-86.66%) | $3,810,823 (137.28%) | $1,606,075 (302.08%) |
Debt Non-Current | $385,000 (337.56%) | $87,988 (-85.50%) | $607,019 (-66.61%) | $1,818,174 (28.89%) |
Total Liabilities | $28,823,000 (356.24%) | $6,317,552 (-49.98%) | $12,629,430 (42.67%) | $8,852,373 (-18.88%) |
Liabilities Current | $28,438,000 (364.25%) | $6,125,567 (-49.05%) | $12,022,411 (70.91%) | $7,034,199 (-25.97%) |
Liabilities Non-Current | $385,000 (100.54%) | $191,985 (-68.37%) | $607,019 (-66.61%) | $1,818,174 (28.89%) |
RIME Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $23,494,000 (-40.22%) | $39,299,280 (-17.29%) | $47,512,161 (3.73%) | $45,802,574 (18.97%) |
Cost of Revenue | $18,713,000 (-37.81%) | $30,090,686 (-18.00%) | $36,697,383 (9.53%) | $33,505,356 (10.49%) |
Selling General & Administrative Expense | $15,114,000 (19.21%) | $12,678,874 (20.76%) | $10,499,653 (-0.70%) | $10,573,510 (-2.55%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $18,706,000 (44.93%) | $12,906,878 (20.11%) | $10,745,543 (-1.16%) | $10,871,867 (-4.82%) |
Interest Expense | $1,887,000 (336.10%) | $432,700 (-19.15%) | $535,202 (29.82%) | $412,270 (71.27%) |
Income Tax Expense | $0 (0%) | $1,030,474 (1698.26%) | $57,304 (-87.46%) | $456,869 (171.18%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$24,367,000 (-425.32%) | -$4,638,462 (-2112.60%) | $230,471 (-89.39%) | $2,172,365 (176.04%) |
Net Income to Non-Controlling Interests | -$1,110,000 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | -$23,257,000 (-401.39%) | -$4,638,462 (-2112.60%) | $230,471 (-89.39%) | $2,172,365 (176.04%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$23,257,000 (-401.39%) | -$4,638,462 (-2112.60%) | $230,471 (-89.39%) | $2,172,365 (176.04%) |
Weighted Average Shares | $65,722 (-97.66%) | $2,811,872 (74.16%) | $1,614,506 (24.96%) | $1,292,003 (0.59%) |
Weighted Average Shares Diluted | $65,722 (-97.66%) | $2,811,872 (73.21%) | $1,623,397 (24.47%) | $1,304,288 (1.55%) |
Earning Before Interest & Taxes (EBIT) | -$21,370,000 (-573.01%) | -$3,175,288 (-485.83%) | $822,977 (-72.94%) | $3,041,504 (193.35%) |
Gross Profit | $4,781,000 (-48.08%) | $9,208,594 (-14.85%) | $10,814,778 (-12.06%) | $12,297,218 (50.38%) |
Operating Income | -$13,925,000 (-276.53%) | -$3,698,284 (-5441.64%) | $69,235 (-95.14%) | $1,425,351 (143.93%) |
RIME Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$2,245,000 (-821.10%) | -$243,729 (-107.30%) | -$117,573 (41.55%) | -$201,161 (61.13%) |
Net Cash Flow from Financing | $11,648,000 (888.72%) | $1,178,092 (-70.72%) | $4,023,407 (4835.30%) | $81,523 (-60.54%) |
Net Cash Flow from Operations | -$8,556,000 (-2490.59%) | -$330,272 (83.58%) | -$2,011,930 (-1276.45%) | $171,017 (-61.55%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $847,000 (40.21%) | $604,091 (-68.10%) | $1,893,904 (3586.14%) | $51,379 (-61.60%) |
Net Cash Flow - Business Acquisitions and Disposals | -$2,175,000 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | -$70,000 (71.28%) | -$243,729 (-107.30%) | -$117,573 (41.55%) | -$201,161 (61.13%) |
Issuance (Repayment) of Debt Securities | -$1,209,000 (61.24%) | -$3,119,165 (-241.22%) | $2,208,780 (1614.25%) | $128,848 (-33.64%) |
Issuance (Purchase) of Equity Shares | $12,932,000 (195.05%) | $4,382,923 (136.64%) | $1,852,128 (6915.64%) | $26,400 (112.90%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $630,000 (65.00%) | $381,826 (762.16%) | $44,287 (95.01%) | $22,710 (-30.14%) |
Depreciation Amortization & Accretion | $458,000 (100.87%) | $228,004 (-7.27%) | $245,890 (-17.59%) | $298,357 (10.87%) |
RIME Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 20.30% (-13.25%) | 23.40% (2.63%) | 22.80% (-14.93%) | 26.80% (26.42%) |
Profit Margin | -99.00% (-738.98%) | -11.80% (-2460.00%) | 0.50% (-89.36%) | 4.70% (163.51%) |
EBITDA Margin | -89.00% (-1086.67%) | -7.50% (-440.91%) | 2.20% (-69.86%) | 7.30% (193.59%) |
Return on Average Equity (ROAE) | 4153.00% (11898.30%) | -35.20% (-1630.43%) | 2.30% (-91.96%) | 28.60% (172.96%) |
Return on Average Assets (ROAA) | -132.50% (-632.04%) | -18.10% (-2362.50%) | 0.80% (-92.00%) | 10.00% (185.47%) |
Return on Sales (ROS) | -91.00% (-1023.46%) | -8.10% (-576.47%) | 1.70% (-74.24%) | 6.60% (177.65%) |
Return on Invested Capital (ROIC) | 2311.50% (9936.17%) | -23.50% (-473.02%) | 6.30% (-71.75%) | 22.30% (170.35%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | -0.05 (94.71%) | -0.95 (-103.18%) | 29.79 (306.80%) | 7.32 (466.10%) |
Price to Sales Ratio (P/S) | 0.05 (-56.25%) | 0.11 (-21.13%) | 0.14 (-59.08%) | 0.35 (147.86%) |
Price to Book Ratio (P/B) | -0.54 (-212.39%) | 0.48 (-6.11%) | 0.51 (-74.95%) | 2.02 (113.28%) |
Debt to Equity Ratio (D/E) | -3.04 (-596.57%) | 0.61 (-51.35%) | 1.26 (12.42%) | 1.12 (-41.69%) |
Earnings Per Share (EPS) | -353.87 (-21346.67%) | -1.65 (-1278.57%) | 0.14 (-91.67%) | 1.68 (180.00%) |
Sales Per Share (SPS) | 357.48 (2457.78%) | 13.98 (-52.51%) | 29.43 (-16.99%) | 35.45 (18.27%) |
Free Cash Flow Per Share (FCFPS) | -131.25 (-64238.24%) | -0.2 (84.53%) | -1.32 (-5634.78%) | -0.02 (59.65%) |
Book Value Per Share (BVPS) | -144.32 (-4028.14%) | 3.67 (-40.89%) | 6.22 (1.54%) | 6.12 (38.23%) |
Tangible Assets Book Value Per Share (TABVPS) | 261.27 (4312.55%) | 5.92 (-57.82%) | 14.04 (8.21%) | 12.97 (0.38%) |
Enterprise Value Over EBIT (EV/EBIT) | 0 (0%) | -1 (-110.00%) | 10 (66.67%) | 6 (400.00%) |
Enterprise Value Over EBITDA (EV/EBITDA) | -0.27 (83.34%) | -1.61 (-120.25%) | 7.95 (38.82%) | 5.72 (352.49%) |
Asset Turnover | 1.34 (-12.65%) | 1.53 (-8.26%) | 1.67 (-21.14%) | 2.12 (34.20%) |
Current Ratio | 0.59 (-76.26%) | 2.48 (50.36%) | 1.65 (-10.57%) | 1.84 (26.89%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | -$8,626,000 (-1402.78%) | -$574,001 (73.05%) | -$2,129,503 (-6964.43%) | -$30,144 (58.58%) |
Enterprise Value (EV) | $5,594,022 (17.98%) | $4,741,432 (-44.17%) | $8,493,052 (-55.58%) | $19,118,764 (182.20%) |
Earnings Before Tax (EBT) | -$23,257,000 (-544.60%) | -$3,607,988 (-1353.75%) | $287,775 (-89.05%) | $2,629,234 (175.15%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | -$20,912,000 (-609.53%) | -$2,947,284 (-375.74%) | $1,068,867 (-68.00%) | $3,339,861 (211.74%) |
Invested Capital | -$18,167,000 (-320.88%) | $8,224,959 (-35.60%) | $12,770,802 (0.12%) | $12,755,382 (48.95%) |
Working Capital | -$11,675,000 (-228.67%) | $9,073,898 (16.03%) | $7,820,002 (31.54%) | $5,945,107 (37.71%) |
Tangible Asset Value | $17,171,000 (3.14%) | $16,648,597 (-26.55%) | $22,665,854 (35.22%) | $16,761,911 (0.97%) |
Market Capitalization | $5,077,022 (3.20%) | $4,919,399 (-3.40%) | $5,092,441 (-68.19%) | $16,006,707 (196.53%) |
Average Equity | -$560,000 (-104.25%) | $13,176,930 (31.78%) | $9,999,476 (31.66%) | $7,595,091 (4.17%) |
Average Assets | $17,546,250 (-31.56%) | $25,638,115 (-9.82%) | $28,431,184 (31.51%) | $21,619,246 (-11.31%) |
Invested Capital Average | -$924,500 (-106.86%) | $13,485,419 (3.36%) | $13,047,031 (-4.50%) | $13,661,439 (32.82%) |
Shares | 288,467 (-90.85%) | 3,153,259 (158.21%) | 1,221,197 (-6.16%) | 1,301,345 (1.25%) |
