Skip to content
Agrify Corporation logo

Agrify Corporation

RYM

RYTHM, Inc. is a consumer-packaged goods company specializing in the development, marketing, and distribution of hemp-derived THC products.

Market cap
$42.49M-16.1%
Revenue$30.0M+272%
Net income-$11.7M+75.4%
EPS (diluted)-$14.46+64.9%
Trailing twelve months · change vs. prior year

Earnings

Next report

Date not yet announced

Financials

Q1 2026

Income statement

See full
Revenue$13.3M+2,370%
Gross profit$10.4M+11,452%
Operating income-$4.0M-9.0%
Net income$19.9M+1,325%
EPS (diluted)$1.33+260%

Balance sheet

See full
Cash & equivalents$33.3M+36.0%
Total debt$89.2M+695%
Total equity$36.6M+36.4%
Total assets$127.5M+180%

Cash flow

See full
Operating cash flow$1.0M+116%

Valuation & ratios

Valuation

See full
Market cap$42.49M-16.1%
Enterprise value$98.47M+16.4%
P/S1.4×

Profitability

See full
Gross margin68.3%
Operating margin-108.8%
Net margin-39%

Returns & leverage

See full
Return on equity-36.9%
Debt / equity2.4×+2.0×
Current ratio0.5×-1.0×

Segments

By product

See full
License$10.0M+413%
Nonlicensing Revenue$3.3M+515%

Competitors

Profile

RYTHM, Inc. is a consumer-packaged goods company specializing in the development, marketing, and distribution of hemp-derived THC products. The company leverages a portfolio of recognized brands to offer beverages and edibles through direct-to-consumer, retail, and licensing channels. Its value proposition centers on providing high-quality, low-calorie alternatives to traditional alcoholic beverages and cannabis products.

Competitive position

A specialized player in the hemp-derived THC beverage market transitioning from a cultivation equipment provider to a brand-focused CPG company.

GeographiesUnited States, Canada
Customer segmentsRetail, Enterprise
Business modelB2C, Licensing, Direct-to-Consumer, Wholesale
SuppliersThird-party co-manufacturers, Hemp extract suppliers, Ingredient suppliers, Packaging providers
CustomersTotal Wine, ABC Fine Wine & Spirits, Binny’s, Direct-to-consumer online shoppers
Listed2021
Employees141.0
CEOBenjamin Kovler
FilingsSEC EDGAR

Questions, answered.

What is Agrify Corporation's market cap?
Agrify Corporation (RYM) has a market capitalization of $42.5M and trades on NASDAQ.
What is Agrify Corporation's revenue and profitability?
Agrify Corporation generated $30.0M in trailing twelve-month revenue with a net loss of $11.7M, representing a net margin of -39.0%. Gross margin stands at 68.3%. These figures are based on the Q1 2026 filing.
Who are Agrify Corporation's competitors?
Agrify Corporation's key competitors include Canopy Growth Corporation, Tilray Brands, Inc., Brown-Forman Corporation Class A, and others. These companies compete in similar markets and product categories.
Who does Agrify Corporation partner with?
Agrify Corporation's notable partners include Green Thumb Industries Inc., Vision Management Services, LLC, Total Wine & More, and others.
What subsidiaries does Agrify Corporation have?
Agrify Corporation's subsidiaries include MC Brands, LLC, VCP IP Holdings, LLC, Core Growth LLC.
Where is Agrify Corporation headquartered?
Agrify Corporation is headquartered in United States of America and employs approximately 141 people. It has been publicly traded since 2021.