Algorhythm Holdings Appoints Jonathan Miller as VP of U.S. Sales
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 16 2026
0mins
Should l Buy RIME?
Algorhythm Holdings announced the appointment of Jonathan Miller as Vice President of U.S. Sales for its flagship SaaS platform, SemiCab Apex. Miller brings almost 30 years of logistics and freight technology leadership experience including senior roles at DAT Freight & Analytics, FourKites, GT Nexus, E2open, One Network, and i2 Technologies. In this new role, Miller will be responsible for driving enterprise adoption of Apex in the U.S. market, building a high-performance sales organization, and forging partnerships across the shipper, carrier, and 3PL ecosystem.
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Analyst Views on RIME
About RIME
Algorhythm Holdings, Inc. is an artificial intelligence (AI) technology and consumer electronics holding company. The Company’s business units include SemiCab, which is an AI-enabled software logistics business operated through the Company’s subsidiary, SemiCab Holdings, LLC. Its AI-enabled, cloud-based collaborative transportation platform achieves the scalability required to predict and optimize millions of loads and hundreds of thousands of trucks. To orchestrate collaboration across manufacturers, retailers, distributors, and their carriers, SemiCab uses real-time data from AI-based load tendering and pre-built integrations with TMS and ELD partners. SemiCab has enabled retailers, brands and transportation providers to address these common supply-chain problems globally. SemiCab uses AI/ML predictions and advanced predictive optimization models to enable fully loaded round trips. With SemiCab’s AI platform, shippers pay less, and carriers make more without having to change a thing.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Cost Control Success: Algorhythm Holdings effectively reduced operating expenses by 20% and liabilities by nearly 50% in 2025, which will lay a solid foundation for the company's future financial health and enhance its market competitiveness.
- New Client Acquisition: The SemiCab business achieved an annualized run rate of $10 million last year, adding clients like Coca-Cola India and MTR Foods, demonstrating the company's market expansion capabilities and growth potential in the fast-moving consumer goods sector.
See More
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- Conference Call Details: The dial-in number for the conference call is 888-999-3182 with Conference ID RIME, indicating the company's intention to enhance investor engagement through direct communication, which may bolster market confidence.
- SemiCab Platform Advantages: Since 2020, Algorhythm's SemiCab platform has enabled major retailers and transportation providers to address global supply chain challenges, with its AI-driven cloud platform optimizing millions of loads and hundreds of thousands of trucks, thereby improving industry efficiency.
- Forward-Looking Statements: The press release includes forward-looking statements that highlight management's confidence in future developments while cautioning investors about potential risks and uncertainties, ensuring comprehensive and transparent information dissemination.
See More
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- Logistics Optimization: By joining SemiCab's AI-powered freight network, MTR Foods will reduce empty miles and optimize transportation efficiency, thereby lowering logistics costs and enhancing supply chain resilience.
- Market Potential: As a subsidiary of Orkla Group, which has over $7.3 billion in annual sales, MTR Foods' products reach both Indian and international markets, highlighting the increasing appeal of the SemiCab platform in the fast-moving consumer goods sector.
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See More
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- Stock Surge: Allbirds' shares skyrocketed by as much as 582% on Wednesday after announcing a rebranding to NewBird AI, adding over $100 million to its market value, indicating strong market enthusiasm for AI concepts.
- Retail Investor Frenzy: According to Vanda Research, net purchases by retail investors hit a record $5.2 million in a single day, surpassing demand seen during the company's 2021 IPO, reflecting a resurgence of speculative sentiment among small traders.
- Market Sentiment Shift: Analysts note that the current market is pricing narratives rather than risks, with investors speculating on the buzzword 'AI' similar to past trends with 'blockchain' and '.com', highlighting a pattern-matching behavior among investors chasing AI-related stocks.
- Short-Term Volatility Risk: Despite the significant price increase, Allbirds' stock tumbled over 20% on Thursday, indicating that such narrative-driven gains can evaporate quickly, prompting investors to be cautious of short-term volatility risks.
See More
RIME Shares Dip Despite Strong Performance
- Revenue Surge: RIME's revenue skyrocketed by 1,367% to $4.4 million last year, primarily driven by the acquisition of SemiCab, indicating strong growth potential in new business areas.
- Market Sentiment Shift: Despite RIME's stock dipping for two consecutive days, investor sentiment shifted from 'bearish' to 'bullish', with many traders viewing the dip as a buying opportunity, reflecting confidence in the company's future performance.
- Cost Control Success: Algorhythm Holdings effectively reduced operating expenses by 20% and liabilities by nearly 50% in 2025, which will lay a solid foundation for the company's future financial health and enhance its market competitiveness.
- New Client Acquisition: The SemiCab business achieved an annualized run rate of $10 million last year, adding clients like Coca-Cola India and MTR Foods, demonstrating the company's market expansion capabilities and growth potential in the fast-moving consumer goods sector.
See More
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- Disappointing Earnings Report: Algorhythm Holdings reported a FY GAAP EPS of -$5.86, missing expectations by $3.01, indicating significant challenges in profitability that could undermine investor confidence.
- Significant Revenue Growth: Despite the disappointing EPS, Algorhythm achieved revenues of $4.4 million, reflecting a staggering 1366.7% year-over-year increase, suggesting substantial progress in market demand that may lay the groundwork for future profitability.
- Shift in Investor Sentiment: As investors pivot from AI darlings to ‘heavy asset’ stocks in search of stability, Algorhythm's earnings report could exacerbate this trend, potentially impacting its stock performance and market positioning.
- Market Reaction Expectations: Following the earnings release, Algorhythm Holdings' stock price may face downward pressure, prompting investors to monitor subsequent market dynamics and company strategic adjustments to assess long-term investment value.
See More
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- Significant Revenue Growth: Algorhythm Holdings reported a revenue increase to $4.4 million in 2025, up 1,367% from $0.3 million in 2024, reflecting strong market demand and effective business expansion in the AI technology sector.
- Operating Expenses Reduced: The company cut operating expenses by $1.6 million, or 19.5%, from $8.2 million to $6.6 million, which contributed to a $7.8 million reduction in net loss, a 32% improvement, enhancing overall financial health.
- Liabilities Decreased Substantially: Total liabilities were reduced by $14.2 million, or 49.3%, from $28.8 million to $14.6 million as of December 31, 2025, significantly improving the balance sheet and strengthening future growth potential.
- New Business Expansion: SemiCab secured five new contracts and six contract expansions in 2025, with increases ranging from 100% to 600%, indicating robust growth and enhanced market share in the Indian market.
See More
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- Earnings Release Schedule: Algorhythm Holdings will announce its financial results for the fiscal year 2025 on April 2, 2026, and will hold a conference call at 10:00 a.m. EDT on the same day to discuss these results and provide a business update, reflecting the company's commitment to transparency and investor communication.
- Conference Call Details: The dial-in number for the conference call is 888-999-3182 with Conference ID RIME, indicating the company's intention to enhance investor engagement through direct communication, which may bolster market confidence.
- SemiCab Platform Advantages: Since 2020, Algorhythm's SemiCab platform has enabled major retailers and transportation providers to address global supply chain challenges, with its AI-driven cloud platform optimizing millions of loads and hundreds of thousands of trucks, thereby improving industry efficiency.
- Forward-Looking Statements: The press release includes forward-looking statements that highlight management's confidence in future developments while cautioning investors about potential risks and uncertainties, ensuring comprehensive and transparent information dissemination.
See More
Indian Food Giant Joins SemiCab's Freight Network
- Client Expansion: MTR Foods becomes the fourth new customer of the SemiCab platform, indicating continued growth in 2026, which is expected to enhance its market share and brand influence.
- Logistics Optimization: By joining SemiCab's AI-powered freight network, MTR Foods will reduce empty miles and optimize transportation efficiency, thereby lowering logistics costs and enhancing supply chain resilience.
- Market Potential: As a subsidiary of Orkla Group, which has over $7.3 billion in annual sales, MTR Foods' products reach both Indian and international markets, highlighting the increasing appeal of the SemiCab platform in the fast-moving consumer goods sector.
- Technological Advantage: SemiCab's cloud-based Collaborative Transportation Platform leverages AI and machine learning to enable dynamic route optimization and fully loaded round trips, significantly improving asset utilization and reducing transportation waste, aligning with industry demands for sustainability.
See More
