RYTHM, Inc.

RYTHM, Inc.

RYM · NASDAQ · Consumer Defensive / Tobacco

13.51USD-0.81 (-5.66%)

Price History

Full chart

Market Stats

Previous Close14.32
Open14.20
Day Range12.53 – 14.21
52-Week Range14.00 – 53.65
Volume17.94K
Market Cap46.08M
P/E (TTM)0.00
Forward P/E0.00
EPS-10.58
Dividend Yield0.00%
Beta9.43
50-Day Avg21.92
200-Day Avg22.58

About

RYTHM, Inc. provides solutions for the cannabis and hemp industry in the United States. The company offers consumers hemp-derived tetrahydrocannabinol beverages, as well as other hemp-derived products through retailers, online, and direct-to-retail partnerships. It also provides cocktails in four flavors, such as classic Lime Jalapeño Margarita, Mango Margarita, Paloma, and Ranch Water; and an alternative to alcoholic beverages, such as Total Wine, ABC Fine Wine & Spirits, and Binny's. In addition, the company licenses its brands to be manufactured and distributed. It sells its products under the RYTHM, incredibles, Dogwalkers, Beboe, &Shine, Doctor Solomon's, Good Green, and Señorita brands. The company was formerly known as Agrify Corporation and changed its name to RYTHM, Inc. in August 2025. RYTHM, Inc. was incorporated in 2016 and is headquartered in Rolling Meadows, Illinois.

Company Details

  • SectorConsumer Defensive
  • IndustryTobacco
  • CEOMr. Benjamin Kovler
  • Employees1
  • Headquarters2220 Hicks Road, Rolling Meadows, IL, United States, 60008, USA
  • Websitehttps://www.rythminc.com

Leadership

  • Mr. Benjamin KovlerChairman, Interim CEO & Corporate Secretary · b. 1979
  • Mr. Brad AsherCFO, Principal Financial & Accounting Officer · b. 1986
  • Mr. Timothy HaydenSenior Vice President Business Development · b. 1980

Financials

Income Statement

Currency: USD2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue1.77M4.09M12.09M59.86M58.26M15.14M9.68M17.28M
Growth (%)-+131.09%+195.67%+395.23%-2.67%-74.01%-36.07%+78.54%
Cost of Revenue1.55M4.33M11.52M54.63M90.05M12.43M9.02M7.09M
Gross Profit222.00K-245.00K570.00K5.23M-31.80M2.71M665.00K10.19M
Gross Margin12.55%-5.99%4.72%8.74%-54.58%17.88%6.87%58.96%
Operating Expense1.24M2.85M13.19M40.31M90.87M17.04M10.88M34.05M
Operating Income-1.02M-3.09M-12.62M-35.07M-122.67M-14.33M-10.21M-23.86M
Operating Margin-57.43%-75.61%-104.38%-58.59%-210.55%-94.66%-105.53%-138.08%
EBITDA--3.09M-12.21M-32.35M-119.62M-9.39M-26.68M-25.38M
EBITDA Margin--75.54%-101.01%-54.05%-205.32%-61.99%-275.59%-146.86%
Net Income-1.01M-3.04M-21.62M-32.47M-188.17M-18.65M-41.75M-33.26M
Net Income Margin-57.32%-74.41%-178.85%-54.24%-322.99%-123.16%-431.26%-192.43%
R&D17.00K109.00K3.35M3.92M8.18M2.29M743.00K-
R&D as % of Total Revenue0.96%2.67%27.75%6.56%14.04%15.16%7.68%-
Interest Expense--481.00K--2.15M256.00K3.20M
Interest Expense % of Total Revenue--3.98%--14.17%2.64%18.53%

Balance Sheet

Currency: USD2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets2.20M3.23M21.84M182.05M69.69M45.69M54.02M106.68M
Total Liabilities3.95M4.03M28.29M44.62M78.73M60.40M25.93M93.66M
Total Equity-1.76M-805.00K-6.68M137.06M-9.27M-14.94M27.86M13.02M
Cash85.00K206.00K8.11M12.01M10.46M434.00K31.17M32.22M
Total Debt133.00K-13.47M2.77M-21.80M11.04M80.62M
Net Debt48.00K-206.00K5.36M-9.24M18.78M21.36M-20.13M48.40M

Cash Flow

Currency: USD2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow49.00K-3.44M-14.78M-30.15M-72.02M-30.97M-11.58M-23.54M
Investing Cash Flow--184.00K-1.23M-104.74M-25.17M-54.00K-55.08M
Financing Cash Flow-3.75M23.91M138.79M72.78M-4.23M42.37M79.66M
Capital Expenditure0184.00K136.00K2.32M8.13M59.00K4.00K0
Free Cash Flow49.00K-3.63M-14.92M-32.47M-80.16M-31.03M-11.59M-23.54M
FCF to OCF100.00%105.35%100.92%107.71%111.29%100.19%100.03%100.00%

Earnings

Report DateAug 12, 2020Nov 12, 2020Jan 13, 2021May 17, 2021Aug 13, 2021Nov 12, 2021Mar 23, 2022May 11, 2022Aug 15, 2022Nov 9, 2022Mar 30, 2023Dec 12, 2023Jan 3, 2024May 21, 2024Aug 15, 2024Nov 14, 2024Feb 26, 2025May 9, 2025Aug 8, 2025Nov 7, 2025Mar 19, 2026May 26, 2026Aug 4, 2026Nov 6, 2026
EPS Estimate0.000.000.00-900.00-720.00-810.00-0.28-840.00-1297.50-1380.00-0.32--237.00-----------
EPS Actual-0.27-0.19-0.08-1684.50-840.00-1410.00-0.60-885.48-10529.99-3744.210.00-65.87-19.053.41-2.14-17.31-12.48-1.68-3.67-5.31-6.620.630.09-
Surprise----87.17%-16.67%-74.07%-114.29%-5.41%-711.56%-171.32%100.00%-91.96%-----------
Timing---After-hoursPre-marketPre-market-Pre-marketPre-marketPre-market--Pre-market-----------

Key Statistics & Ratios

Market Cap46.08M
Enterprise Value88.85M
Trailing P/E0.00
Forward P/E0.00
Price / Sales0.90
Price / Book1.28
EPS-10.58
Book Value17.94
Revenue (TTM)51.01M
Gross Profit (TTM)38.35M
EBITDA-2.18M
Profit Margin-6.21%
Operating Margin8.41%
Return on Equity-10.51%
Return on Assets-8.90%
Shares Outstanding2.15M
Shares Float1.19M
Beta9.43
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Ownership Breakdown

Institutions
12.53%
Insiders
47.62%
Retail / Other
39.85%

Top Institutional Holders

  • IEQ CAPITAL, LLC
    34.90K1.60%
  • Vanguard Capital Management, LLC
    27.37K1.26%
  • Tidal Investments LLC.
    14.31K0.66%
  • Geode Capital Management, LLC
    13.71K0.63%
  • CI Private Wealth LLC
    9.50K0.44%
  • Citadel Advisors Llc
    8.42K0.39%
  • Vanguard Fiduciary Trust Co
    7.54K0.35%
  • Morgan Stanley - Brokerage Accounts
    4.76K0.22%
  • UBS Group AG
    4.32K0.20%
  • NATIONAL BANK OF CANADA /FI/
    5000.02%
  • Tower Research Capital LLC
    2050.01%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    28.55K1.31%
  • Amplify Seymour Cannabis ETF
    12.36K0.57%
  • Fidelity Extended Market Index
    6.18K0.28%
  • iShares Micro-Cap ETF
    3.85K0.18%
  • Fidelity Total Market Index
    2.39K0.11%
  • Fidelity Series Total Market Index
    1.70K0.08%
  • Fidelity Nasdaq Composite Index
    1.06K0.05%
  • Vanguard Balanced Index Inv
    9020.04%
  • 1290 VT Micro Cap K
    2550.01%

Stock Splits

  • Oct 8, 20241:15
  • Jul 5, 20231:20
  • Oct 18, 20221:10