RYTHM, Inc.

RYM Nasdaq Industrials · Agricultural Services Rolling Meadows, IL rythminc.com/
$17.11
Mkt Cap 37.3M

Maker and marketer of hemp-derived THC consumer products, including edibles and beverages, sold under multiple owned brands such as RYTHM and incredibles.

From the annual report

RYTHM, Inc. (formerly Agrify Corporation) (together with its subsidiaries, the Company or RYTHM ) delivers well-being to consumers through its portfolio of hemp-derived tetrahydrocannabinol ( hemp-derived THC ) products and iconic licensed brands. The Company’s portfolio of consumer-packaged goods brands includes RYTHM, incredibles, Dogwalkers, Beboe, &Shine, Doctor Solomon’s, Good Green and Se orita. The RYTHM and Se orita brands offer consumers hemp-derived THC beverages and are sold at top retailers, online and through direct-to-retail partnerships. The Se orita brand mirrors well-known cocktails like a margarita in four flavors classic Lime Jalape o Margarita, Mango Margarita, Paloma and Ranch Water. Known for its clean, fresh taste and commitment to high-quality, natural ingredients, Se orita offers a low-sugar, low-calorie alternative to alcoholic beverages and is available in fifteen U.S. states and Canada including at top retailers such as Total Wine, ABC Fine Wine & Spirits, and Binny’s. The RYTHM branded beverage comes in two fruit-driven flavors with effect-based ingredients. Other hemp-derived products including incredibles and Beboe edible products are primarily sold online and through direct-to-retail partnerships. In addition to the sale of hemp-derived products ( Non-licensing Revenue ), the Company licenses its brands to be manufactured and distributed in exchange for a licensing fee ( Licensing Revenue ). RYTHM has also historically been a leading provider of innovative cultivation and extraction solutions for the cannabis industry.

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/100 Overall
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📊 Key Metrics
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REVENUE TTM
$70.8M
FCF TTM
$13.0M
P/E RATIO
5.3x
P/FCF
2.9x
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