Algorhythm Holdings shares jump 16.39% premarket after reporting 300% ARR increase in December 2025.

jueves, 15 de enero de 2026, 4:03 am ET1 min de lectura
RIME--
Algorhythm Holdings surged 16.39% in premarket trading following the announcement of a record $9.7 million annualized revenue run rate (ARR) in December 2025, a 300% increase from $2.5 million in December 2024. The company attributed the growth to five new contracts with multinational FMCG firms in India and seven contract expansions, driving increased freight volume. SemiCab, its logistics subsidiary, now holds 6% of a $250 million Indian metropolitan freight market and has penetrated over 1% of a $1.4 billion National Digital Freight Exchange ecosystem. CEO Gary Atkinson highlighted the AI platform’s ability to reduce empty truck miles and optimize global logistics, with expansion plans into U.S. and Indian markets in 2026. The results underscore strong client adoption and scalability, aligning with the stock’s sharp premarket rise.

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