RIME Financial Statements

Balance sheet, income statement, cash flow, and dividends for Singing Machine Co Inc (RIME).


$4.92M Market Cap.

As of 11/20/2023 5:00 PM ET (MRY) • Disclaimer

RIME Market Cap. (MRY)


RIME Shares Outstanding (MRY)


RIME Assets (MRY)


Total Assets

$16.65M

Total Liabilities

$6.32M

Total Investments

$0

RIME Income (MRY)


Revenue

$39.30M

Net Income

-$4.64M

Operating Expense

$12.91M

RIME Cash Flow (MRY)


CF Operations

-$330.27K

CF Investing

-$243.73K

CF Financing

$1.18M

RIME Dividends (MRY)


Period

Dividends

Yield %

Growth %

Payout Ratio

Coverage Ratio

2023

$0

0%

0%

0%

-

2022

$0

0%

0%

0%

-

2021

$0

0%

0%

0%

-

2020

$0

0%

0%

0%

-

2019

$0

0%

-

0%

-

RIME Balance Sheet (MRY)


Metric

2023

2022

2021

2020

Total Assets

$16,648,597 (-26.55%)

$22,665,854 (35.22%)

$16,761,911 (0.97%)

$16,601,137 (36.15%)

Assets Current

$15,199,465 (-23.40%)

$19,842,413 (52.88%)

$12,979,306 (-6.08%)

$13,819,684 (27.74%)

Assets Non-Current

$1,449,132 (-48.67%)

$2,823,441 (-25.36%)

$3,782,605 (35.99%)

$2,781,453 (102.33%)

Goodwill & Intangible Assets

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Shareholders Equity

$10,331,045 (2.94%)

$10,036,424 (26.89%)

$7,909,538 (39.06%)

$5,688,063 (-33.08%)

Property Plant & Equipment Net

$1,194,392 (-35.24%)

$1,844,441 (-32.89%)

$2,748,268 (104.30%)

$1,345,223 (157.26%)

Cash & Equivalents

$2,894,574 (26.37%)

$2,290,483 (477.56%)

$396,579 (14.88%)

$345,200 (63.29%)

Accumulated Other Comprehensive Income

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Deferred Revenue

$583,323 (495.42%)

$97,968 (-32.63%)

$145,408 (-81.97%)

$806,475 (2495.25%)

Total Investments

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Investments Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Investments Non-Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Inventory

$9,639,992 (-31.93%)

$14,161,636 (157.94%)

$5,490,255 (-27.77%)

$7,601,277 (26.18%)

Trade & Non-Trade Receivables

$2,314,164 (-23.83%)

$3,038,072 (-55.69%)

$6,856,042 (112.33%)

$3,228,963 (-24.82%)

Trade & Non-Trade Payables

$1,769,348 (-67.18%)

$5,391,265 (113.59%)

$2,524,153 (-54.47%)

$5,543,326 (557.80%)

Accumulated Retained Earnings (Deficit)

-$19,516,944 (-31.18%)

-$14,878,482 (-21.42%)

-$12,254,191 (15.06%)

-$14,426,556 (-24.69%)

Tax Assets

$0 (0%)

$892,559 (0.61%)

$887,164 (-31.00%)

$1,285,721 (69.54%)

Tax Liabilities

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Debt

$596,503 (-86.50%)

$4,417,842 (29.02%)

$3,424,249 (89.17%)

$1,810,105 (86.17%)

Debt Current

$508,515 (-86.66%)

$3,810,823 (137.28%)

$1,606,075 (302.08%)

$399,440 (-58.16%)

Debt Non-Current

$87,988 (-85.50%)

$607,019 (-66.61%)

$1,818,174 (28.89%)

$1,410,665 (7961.40%)

Total Liabilities

$6,317,552 (-49.98%)

$12,629,430 (42.67%)

$8,852,373 (-18.88%)

$10,913,074 (195.51%)

Liabilities Current

$6,125,567 (-49.05%)

$12,022,411 (70.91%)

$7,034,199 (-25.97%)

$9,502,409 (158.53%)

Liabilities Non-Current

$191,985 (-68.37%)

$607,019 (-66.61%)

$1,818,174 (28.89%)

$1,410,665 (7961.40%)

RIME Income Statement (MRY)


Metric

2023

2022

2021

2020

Revenues

$39,299,280 (-17.29%)

$47,512,161 (3.73%)

$45,802,574 (18.97%)

$38,500,570 (-12.89%)

Cost of Revenue

$30,090,686 (-18.00%)

$36,697,383 (9.53%)

$33,505,356 (10.49%)

$30,323,223 (-12.64%)

Selling General & Administrative Expense

$12,678,874 (20.76%)

$10,499,653 (-0.70%)

$10,573,510 (-2.55%)

$10,850,679 (25.84%)

Research & Development Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Operating Expenses

$12,906,878 (20.11%)

$10,745,543 (-1.16%)

$10,871,867 (-4.82%)

$11,422,119 (35.34%)

Interest Expense

$432,700 (-19.15%)

$535,202 (29.82%)

$412,270 (71.27%)

$240,709 (-1.59%)

Income Tax Expense

$1,030,474 (1698.26%)

$57,304 (-87.46%)

$456,869 (171.18%)

-$641,814 (-502.44%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Consolidated Income

-$4,638,462 (-2112.60%)

$230,471 (-89.39%)

$2,172,365 (176.04%)

-$2,857,000 (-552.38%)

Net Income to Non-Controlling Interests

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income

-$4,638,462 (-2112.60%)

$230,471 (-89.39%)

$2,172,365 (176.04%)

-$2,857,000 (-552.38%)

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income Common Stock

-$4,638,462 (-2112.60%)

$230,471 (-89.39%)

$2,172,365 (176.04%)

-$2,857,000 (-552.38%)

Weighted Average Shares

$2,811,872 (74.16%)

$1,614,506 (24.96%)

$1,292,003 (0.59%)

$1,284,417 (0.45%)

Weighted Average Shares Diluted

$2,811,872 (73.21%)

$1,623,397 (24.47%)

$1,304,288 (1.55%)

$1,284,417 (-1.81%)

Earning Before Interest & Taxes (EBIT)

-$3,175,288 (-485.83%)

$822,977 (-72.94%)

$3,041,504 (193.35%)

-$3,258,105 (-414.60%)

Gross Profit

$9,208,594 (-14.85%)

$10,814,778 (-12.06%)

$12,297,218 (50.38%)

$8,177,347 (-13.82%)

Operating Income

-$3,698,284 (-5441.64%)

$69,235 (-95.14%)

$1,425,351 (143.93%)

-$3,244,772 (-409.33%)

RIME Cash Flow Statement (MRY)


Metric

2023

2022

2021

2020

Net Cash Flow from Investing

-$243,729 (-107.30%)

-$117,573 (41.55%)

-$201,161 (61.13%)

-$517,546 (-79.24%)

Net Cash Flow from Financing

$1,178,092 (-70.72%)

$4,023,407 (4835.30%)

$81,523 (-60.54%)

$206,573 (141.21%)

Net Cash Flow from Operations

-$330,272 (83.58%)

-$2,011,930 (-1276.45%)

$171,017 (-61.55%)

$444,765 (137.27%)

Net Cash Flow / Change in Cash & Cash Equivalents

$604,091 (-68.10%)

$1,893,904 (3586.14%)

$51,379 (-61.60%)

$133,792 (122.21%)

Net Cash Flow - Business Acquisitions and Disposals

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Cash Flow - Investment Acquisitions and Disposals

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Capital Expenditure

-$243,729 (-107.30%)

-$117,573 (41.55%)

-$201,161 (61.13%)

-$517,546 (-79.24%)

Issuance (Repayment) of Debt Securities

-$3,119,165 (-241.22%)

$2,208,780 (1614.25%)

$128,848 (-33.64%)

$194,173 (137.95%)

Issuance (Purchase) of Equity Shares

$4,382,923 (136.64%)

$1,852,128 (6915.64%)

$26,400 (112.90%)

$12,400 (19.23%)

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

$381,826 (762.16%)

$44,287 (95.01%)

$22,710 (-30.14%)

$32,508 (-37.99%)

Depreciation Amortization & Accretion

$228,004 (-7.27%)

$245,890 (-17.59%)

$298,357 (10.87%)

$269,107 (3.64%)

RIME Financial Metrics (MRY)


Metric

2023

2022

2021

2020

Gross Margin

23.40% (2.63%)

22.80% (-14.93%)

26.80% (26.42%)

21.20% (-1.40%)

Profit Margin

-11.80% (-2460.00%)

0.50% (-89.36%)

4.70% (163.51%)

-7.40% (-628.57%)

EBITDA Margin

-7.50% (-440.91%)

2.20% (-69.86%)

7.30% (193.59%)

-7.80% (-368.97%)

Return on Average Equity (ROAE)

-35.20% (-1630.43%)

2.30% (-91.96%)

28.60% (172.96%)

-39.20% (-609.09%)

Return on Average Assets (ROAA)

-18.10% (-2362.50%)

0.80% (-92.00%)

10.00% (185.47%)

-11.70% (-490.00%)

Return on Sales (ROS)

-8.10% (-576.47%)

1.70% (-74.24%)

6.60% (177.65%)

-8.50% (-469.57%)

Return on Invested Capital (ROIC)

-23.50% (-473.02%)

6.30% (-71.75%)

22.30% (170.35%)

-31.70% (-440.86%)

Dividend Yield

0% (0%)

0% (0%)

0% (0%)

0% (0%)

Price to Earnings Ratio (P/E)

-0.95 (-103.18%)

29.79 (306.80%)

7.32 (466.10%)

-2 (-109.76%)

Price to Sales Ratio (P/S)

0.11 (-21.13%)

0.14 (-59.08%)

0.35 (147.86%)

0.14 (-60.67%)

Price to Book Ratio (P/B)

0.48 (-6.11%)

0.51 (-74.95%)

2.02 (113.28%)

0.95 (-48.73%)

Debt to Equity Ratio (D/E)

0.61 (-51.35%)

1.26 (12.42%)

1.12 (-41.69%)

1.92 (342.17%)

Earnings Per Share (EPS)

-1.65 (-1278.57%)

0.14 (-91.67%)

1.68 (180.00%)

-2.1 (-450.00%)

Sales Per Share (SPS)

13.98 (-52.51%)

29.43 (-16.99%)

35.45 (18.27%)

29.98 (-13.28%)

Free Cash Flow Per Share (FCFPS)

-0.2 (84.53%)

-1.32 (-5634.78%)

-0.02 (59.65%)

-0.06 (27.85%)

Book Value Per Share (BVPS)

3.67 (-40.89%)

6.22 (1.54%)

6.12 (38.23%)

4.43 (-33.38%)

Tangible Assets Book Value Per Share (TABVPS)

5.92 (-57.82%)

14.04 (8.21%)

12.97 (0.38%)

12.93 (35.54%)

Enterprise Value Over EBIT (EV/EBIT)

-1 (-110.00%)

10 (66.67%)

6 (400.00%)

-2 (-111.11%)

Enterprise Value Over EBITDA (EV/EBITDA)

-1.61 (-120.25%)

7.95 (38.82%)

5.72 (352.49%)

-2.27 (-116.14%)

Asset Turnover

1.53 (-8.26%)

1.67 (-21.14%)

2.12 (34.20%)

1.58 (-24.41%)

Current Ratio

2.48 (50.36%)

1.65 (-10.57%)

1.84 (26.89%)

1.45 (-50.59%)

Dividends

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Free Cash Flow (FCF)

-$574,001 (73.05%)

-$2,129,503 (-6964.43%)

-$30,144 (58.58%)

-$72,781 (28.14%)

Enterprise Value (EV)

$4,741,432 (-44.17%)

$8,493,052 (-55.58%)

$19,118,764 (182.20%)

$6,775,015 (-62.75%)

Earnings Before Tax (EBT)

-$3,607,988 (-1353.75%)

$287,775 (-89.05%)

$2,629,234 (175.15%)

-$3,498,814 (-542.31%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

-$2,947,284 (-375.74%)

$1,068,867 (-68.00%)

$3,339,861 (211.74%)

-$2,988,998 (-330.76%)

Invested Capital

$8,224,959 (-35.60%)

$12,770,802 (0.12%)

$12,755,382 (48.95%)

$8,563,633 (-7.70%)

Working Capital

$9,073,898 (16.03%)

$7,820,002 (31.54%)

$5,945,107 (37.71%)

$4,317,275 (-39.56%)

Tangible Asset Value

$16,648,597 (-26.55%)

$22,665,854 (35.22%)

$16,761,911 (0.97%)

$16,601,137 (36.15%)

Market Capitalization

$4,919,399 (-3.40%)

$5,092,441 (-68.19%)

$16,006,707 (196.53%)

$5,398,070 (-65.70%)

Average Equity

$13,176,930 (31.78%)

$9,999,476 (31.66%)

$7,595,091 (4.17%)

$7,291,198 (-10.65%)

Average Assets

$25,638,115 (-9.82%)

$28,431,184 (31.51%)

$21,619,246 (-11.31%)

$24,375,437 (15.21%)

Invested Capital Average

$13,485,419 (3.36%)

$13,047,031 (-4.50%)

$13,661,439 (32.82%)

$10,285,750 (-8.06%)

Shares

3,153,259 (158.21%)

1,221,197 (-6.16%)

1,301,345 (1.25%)

1,285,242 (0.45%)