Algorhythm Holdings SemiCab Achieves $9.7M Annual Revenue
Algorhythm Holdings announced that SemiCab achieved an annualized revenue run rate of $9.7M during December 2025, representing a 300% increase over the $2.5M ARR that the company reached at the end of 2024. During 2025, SemiCab achieved five new contract wins with some of the largest multinational fast moving consumer goods companies in India and was awarded seven contract expansions for increased lanes and trip volume. "We are very pleased with the strong growth and market penetration that our sales and operations teams achieve during 2025," stated Gary Atkinson, CEO. "Our team achieved a nearly 300% increase in annualized sales, winning client trust, expanding into new regions, and partnering with world-class enterprises. This was truly a standout performance. As we move into 2026, our market opportunity is massive. Last year, we delivered 4x, 5x, and in some cases even larger expansions with existing customers. We also added several new global brands to the SemiCab network. Yet despite this momentum, our penetration of the total market opportunity represented by the 35 members of the NDFE remains barely above 1%. With our current client base alone, we see a clear line of sight to grow SemiCab's revenue substantially and at an accelerating rate during the next 12 months."
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Algorhythm to Showcase Revolutionary AI Logistics Solution at Major Trade Show
- Industry Event Participation: Algorhythm will showcase its newly launched SemiCab Apex AI SaaS platform at the 2026 Retail Supply Chain Conference, which gathers over 100 retailers and numerous logistics providers, likely enhancing the company's visibility and influence in the industry.
- Significant Market Potential: According to Mordor Intelligence, the U.S. full-truckload market is valued at over $450 billion in 2025 and is expected to grow to $535 billion by 2030, positioning Algorhythm's solutions to help clients gain a competitive edge in this rapidly expanding market.
- Reduction of Empty Miles Loss: The SemiCab Apex platform is expected to significantly reduce the estimated $150 billion in empty miles losses in 2025 by seamlessly integrating across the entire logistics network, thereby improving operational efficiency and profitability for clients.
- Driving Technological Innovation: The platform enables enterprises to launch their own branded logistics operating systems and integrates seamlessly with existing TMS and WMS through open APIs, further enhancing its market competitiveness and customer loyalty.
Hindustan Unilever Expands Contract to $1.6 Million, Enhancing SemiCab's Market Share
- Contract Expansion: Hindustan Unilever awarded SemiCab a new $1.6 million contract, representing over a 10x increase from the previous pilot program, significantly enhancing SemiCab's market position and revenue potential.
- Geographic Synergies: The new contract provides important geographic synergies for SemiCab in the Southern Corridor of Bangalore, where it holds a dominant market share in logistics hubs for multiple FMCG and consumer durables companies.
- Network Optimization Strategy: SemiCab's CEO Ajesh Kapoor stated that this contract expansion is a key part of their 2026 growth strategy, enabling more efficient utilization of their dedicated fleet by increasing lane density and minimizing empty mileage.
- Future Growth Plans: Algorhythm Holdings CEO Gary Atkinson emphasized that the SemiCab team will continue to work hard to secure additional new contracts to support their growth plan, keeping shareholders informed through ongoing announcements of their progress.