Algorhythm Holdings Recaps Transformational 2025 Marked by Key Customer Wins, Major Contract Expansions and Strong Revenue Growth

Core Insights - Algorhythm Holdings, Inc. is experiencing significant growth driven by its AI logistics platform, SemiCab, which has seen a 10x increase in contracted freight volume and successful launch of the Apex SaaS platform [1][9] Financial Achievements - SemiCab's annualized revenue run-rate (ARR) increased by 220% from $2.5 million in January to over $8 million by year-end, with a forward-looking ARR of $15 million based on current contracts and expansions [6][10] Contract Wins and Expansions - In 2025, SemiCab secured five new contracts with major multinational fast-moving consumer goods (FMCG) companies in India and achieved contract expansions ranging from 100% to 600% in trip volume [4][7] - Notable contract expansions include a $6 million deal with Asian Paints, increasing active lanes from 25 to 183, marking the largest contract in SemiCab's history [7][8] Business Highlights - The year 2025 was transformative for Algorhythm, marked by the divestiture of its Singing Machine business and a strategic focus on AI logistics, enhancing its position in the market [5][12] - The company appointed new executives to drive its SaaS strategy and brand development, further solidifying its growth trajectory [12] Outlook for 2026 - Algorhythm is poised for continued growth in 2026, leveraging its expanding customer base and the new Apex SaaS platform to enhance margins and scalability [9][10] - The company anticipates strong revenue growth driven by new enterprise pilots and additional contract expansions with existing customers [9][10]

Algorhythm Holdings Inc.-Algorhythm Holdings Recaps Transformational 2025 Marked by Key Customer Wins, Major Contract Expansions and Strong Revenue Growth - Reportify