About Singing Machine
Singing Machine is a company based in Fort Lauderdale (United States) founded in 1982. The company has 25 employees as of December 31, 2024. Singing Machine has completed 1 acquisition, including SemiCab. Singing Machine offers products and services including Karaoke Machines and Microphones.
- Headquarter Fort Lauderdale, United States
- Employees 25 as on 31 Dec, 2024
- Stage Public
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Algorhythm Holdings, Inc.
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Annual Revenue
$23.49 M (USD)-40.22as on Dec 31, 2024
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Net Profit
-$23.26 M (USD)-401.39as on Dec 31, 2024
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EBITDA
-$9.88 M (USD)-184.56as on Dec 31, 2024
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Latest Funding Round
$10 M (USD), Post-IPO
Aug 11, 2021
- Investors
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Employee Count
25
as on Dec 31, 2024
- Investments & Acquisitions
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IPO & Listings of Singing Machine
Singing Machine is a publicly listed company on the NASDAQ with ticker symbol RIME in USA, operating in the Consumer services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Singing Machine
Singing Machine offers a comprehensive portfolio of products and services, including Karaoke Machines and Microphones.
Karaoke machines are provided for wireless home entertainment, featuring Wi-Fi and Bluetooth capabilities.
Microphones are supplied for portable use with built-in speakers and rechargeable batteries.
People of Singing Machine
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Leadership Team
3 people
Corporate Team
2 people
General Team
1 people
Operations Team
1 people
Key Team
1 people
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Funding Insights of Singing Machine
- Total Funding Total Funding
- Total Rounds 2
- Last Round Post-IPO — $10.0M
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First Round
First Round
(17 May 1999)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Post-IPO - Singing Machine | Valuation |
investors |
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| May, 1999 | Amount | Post-IPO - Singing Machine | Valuation |
investors |
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Investors in Singing Machine
Singing Machine has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Stingray.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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B2B music and media solutions are delivered for commercial use.
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Founded Year | Domain | Location |
Investments & Acquisitions by Singing Machine
Singing Machine has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include SemiCab.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of Cloud, IoT, and AI-based marketplace for long-haul freight transportation services
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2018 |
Financial Statements - Singing Machine
Singing Machine Comparisons
Competitors of Singing Machine
Latest news on Singing Machine
Frequently Asked Questions about Singing Machine
Singing Machine was founded in 1982 and raised its 1st funding round 17 years after it was founded.
Singing Machine is headquartered in Fort Lauderdale, United States. It is registered at Fort Lauderdale, Florida, United States.
As of Dec 31, 2024, the latest employee count at Singing Machine is 25.
Annual revenue of Singing Machine is $23.49M as on Dec 31, 2024.
Singing Machine was established in 1982 in Fort Lauderdale, United States, within the consumer electronics sector focused on entertainment products. A range of home karaoke systems, including wireless and Wi-Fi-enabled models, is designed and produced. Accessories such as microphones are also manufactured. Products are offered at various price points to suit individual and group use across age groups. Supporting applications for song selection and streaming are provided to enhance functionality.
Singing Machine offers Karaoke Machines and Microphones.
Yes, Singing Machine is publicly traded on NASDAQ under the ticker symbol RIME.
Singing Machine has made 1 acquisition, including SemiCab.
Singing Machine has 1 investor. Key investors include Stingray.
The ticker symbol of Singing Machine is RIME on NASDAQ.