RYTHM, Inc.

RYM Consumer Defensive Tobacco

RYTHM, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $17.3 million, up 78.5% from fiscal 2024.

Revenue
+490.1%
EPS
+98.7%
Free cash flow
+217.6%
Total debt
+98.5%

Quarter to September 2026, against a year earlier

16.00 0.25 −1.54%
Market cap
$35.4M
P/E
5.1×
Fwd P/E
−0.1×
Dividend yield
—
F-score
4/9
Altman Z
−4.99
Beneish M
155.72
Dividend safety
n/a

Insider Decisions last twelve months

Sold, $m 0.32
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — 3 — — — — —
Insider Ownership 83.17%

Capital & Financial Ratios $m

Size
Market Cap 35.41
Revenue ttm 70.82
Net income ttm 6.97
Free cash flow ttm 13.01
Net debt Q (48.24)
Valuation
P/E 5.08
Forward P/E (0.12) (negative: loss-making)
Price / sales 1.73
Forward P/S Powerpack
Price / FCF 9.43
Price / book 2.92
Financial health
Current ratio Q 0.64 (below 1: weak)
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q 1.12
Growth
Revenue growth Q +490.08% (above 0%: growing)
Operating income growth Q +128.48% (above 0%: growing)
EPS, this year —
EPS, next year A —
Revenue, next year A +457.27% (at or above 10%: strong)
EPS, past 5 yrs —
EPS, next 5 yrs A +20.00% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/S against its own 10 years 51.48%
10-year low 10-year high
P/B against its own 10 years 79.98%
10-year low 10-year high
EV/Sales against its own 10 years 62.95%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 0 31 32 48
Receivables 1 0 9 —
Inventory 5 1 4 —
Other — — — —
24 35 48 59
2023 2024 2025 Q'26
Payables 4 1 2 —
ST’ Debt 5 11 31 —
Other 3 3 — —
41 25 43 92

Compound Annual Growth %

10y 5y 3y
Sales — 7.41% (33.31%)
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 0.00% 0.00%

EPS $

Mar Jun Sep Dec Year
’26 1.33 0.52 — — —
’25 (0.83) (3.74) (5.33) (6.62) (16.68)
’24 3.78 (3.16) (17.31) (24.01) (40.92)
’23 (144.38) (65.82) (19.04) 5.25 (187.56)
’22 206.92 (8.42k) (5.19k) 1.12k (13.53k)
’21 (989.50) (839.58) (1.41k) (1.80k) (5.07k)
’20 (2.75k) (1.76k) (1.91k) (9.11k) (15.95k)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 13 23 24 — —
’25 1 2 4 11 17
’24 3 3 2 2 10
’23 6 5 3 1 15
’22 26 19 7 6 58
’21 7 12 16 25 60
’20 1 4 3 4 12
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 1 9 6 — —
’25 (7) (8) (5) (3) (24)
’24 (3) (2) (1) (5) (12)
’23 (9) (2) (14) (5) (31)
’22 (31) (20) (8) (14) (72)
’21 (7) (7) (4) (13) (30)
’20 (4) (4) (3) (4) (15)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 1 9 6 — —
’25 (7) (8) (5) (3) (24)
’24 (3) (2) (1) (5) (12)
’23 (10) (2) (14) (5) (31)
’22 (35) (25) (6) (14) (80)
’21 (7) (8) (6) (11) (32)
’20 (4) (4) (3) (4) (15)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — — 2 4 12 60 58 15 10 17 71 +38.5% — — — —
Gross margin, % — — 12.55 (5.99) 4.72 8.74 (54.58) 26.54 (0.73) 58.96 0.00 +46.4 pt
EBT — — (1) (3) (22) (32) (188) (13) (23) (35) (30) +65.7%
EBT margin, % — — (57.32) (74.41) (179.03) (53.96) (323.18) (88.67) (239.99) (201.01) 0.00 (143.7) pt
Net income — 0 (1) (3) (22) (32) (188) (19) (42) (33) 7 n/m
Per share, $
Per share, $ Revenue — — 17.43 4,088.00 8,633.57 9,352.97 4,191.30 152.33 9.49 8.67 9.17 (9.5%)
Earnings — — (9.99) (2,973.09) (15,952.02) (5,067.47) (13,526.09) (187.56) (40.92) (16.68) 3.13 +7.6%
Cash flow — — 0.48 (3,441.00) (10,558.57) (4,710.78) (5,181.37) (311.62) (11.35) (11.80) 1.68 n/m
Capex — — 0.00 (184.00) (97.14) (347.34) (585.18) 2.54 0.02 0.00 0.00 n/m
Free cash flow — — 0.48 (3,625.00) (10,655.71) (5,058.12) (5,766.55) (309.08) (11.34) (11.80) 1.68 n/m
Book value — — (17.32) (805.00) (4,610.00) 21,472.50 (650.43) (147.99) 27.53 6.53 5.45 n/m
Shares, m — — 0 0 0 0 0 0 1 2 4 +53.0%
Valuation, ×
Valuation, × P/E — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5.08 0.0
P/S — — 4.43 4.43 4.43 2.95 0.02 0.13 4.76 2.46 1.73 3.0
P/B — — 0.00 0.00 0.00 1.29 0.00 0.00 1.64 3.27 2.92 0.8
EV/Sales — — 3.82 3.82 3.82 2.02 0.17 1.50 2.63 5.26 2.90 2.9
EV/FCF — — (3.10) (3.10) (3.10) (3.76) (0.12) (0.74) (2.20) (3.87) 15.75 (2.5)
Cash, $m
Cash, $m Operating cash flow — — 0 (3) (15) (30) (72) (31) (12) (24) 13 n/m
Capex — — — 0 0 (2) (8) 0 0 — 0 n/m
Free cash flow — — 0 (4) (15) (32) (80) (31) (12) (24) 13 n/m
Balance, $m
Balance, $m Working capital — — (2) (1) (8) 43 (26) (17) 10 5 (33) n/m
Net debt — — 0 0 5 (55) 8 21 (21) 48 (48) +168.6%
Shareholders’ equity — — (2) (1) (6) 137 (9) (15) 28 13 42 n/m
Returns, %
Returns, % ROA — — (92.35) (112.19) (177.13) (31.91) (149.50) (32.45) (84.09) (41.39) 5.58 +51.0 pt
ROIC — — 0.00 0.00 0.00 (26.75) 0.00 (133.16) (42.60) (32.90) 0.00 (32.9) pt
ROE — — 0.00 237.38 611.65 (49.67) (293.14) 157.04 (624.05) (161.80) 25.90 (161.8) pt
People
People Employees — — — 40 74 141 72 39 11 11 — (19.4%)
Revenue/emp, $m — — 0.00 0.10 0.16 0.42 0.81 0.39 0.88 1.57 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 4 Nov 2026

RYTHM, Inc. vs peers in Tobacco (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
MO Altria Group, Inc. $129.1B 16.1× 14.1× +0.99% (above 0%: growing) +6.83% (above 0%: growing) −1.35% (below 0%: shrinking) 64.27% 54.03% Compare
RLX RLX Technology Inc. Sponsored ADR $1.5B 15.3× 12.2× +21.90% (above 0%: growing) +30.00% (above 0%: growing) −129.25% (below 0%: shrinking) 39.03% 14.22% Compare
TPB Turning Point Brands, Inc. $1.4B 28.4× 55.2× +22.57% (above 0%: growing) −77.78% (below 0%: shrinking) +235.11% (above 0%: growing) 65.55% 11.69% Compare
AIIR Air Global PLC $1.2B 285× — — n/m −487.91% (below 0%: shrinking) 56.58% (46.44%) Compare
UVV Universal Corporation $1.0B — (loss-making) 13.0× −17.55% (below 0%: shrinking) −63.24% (below 0%: shrinking) −551.15% (below 0%: shrinking) 17.29% 6.86% Compare
ISPR Ispire Technology Inc. $82.6M — (loss-making) — (loss-making) +32.55% (above 0%: growing) n/m −26.12% (below 0%: shrinking) 6.32% (50.72%) Compare
RYM RYTHM, Inc. $35.4M 5.1× — (loss-making) +490.08% (above 0%: growing) n/m +217.62% (above 0%: growing) 0.00% 0.00%
GNLN Greenlane Holdings, Inc. $850.0K — (loss-making) — (loss-making) −50.38% (below 0%: shrinking) n/m +23.77% (above 0%: growing) 87.21% (839.90%) Compare
XXII 22nd Century Group, Inc $640.0K — (loss-making) — (loss-making) −29.86% (below 0%: shrinking) n/m −57.41% (below 0%: shrinking) (10.23%) (114.91%) Compare
Median of peers $1.1B 22.2× 13.6× +0.99% −28.20% −41.76% 47.81% (19.79%)

All 11 Tobacco stocks →

Pay and ownership Proxy statement filed 9 July 2026

Ownership

Directors and executive officers, together 3.48%
Green Thumb Industries Inc. 49.99%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

RYTHM, Inc. (RYM) Latest News

4 Nov

Impact 4 · · GlobeNewswire

8 May

Impact 4 · · GlobeNewswire

5 May

Impact 4 · · GlobeNewswire

9 Mar

3 Mar

7 Nov

Impact 4 · · GlobeNewswireMT NewswiresGuruFocus.comMT NewswiresStockStoryZacksAssociated Press FinanceZacks

21 Mar

16 Dec

Impact 4 · · GlobeNewswire

24 Nov

Impact 4 · · Market Exclusive

14 Nov

stockrow.com/RYM · Data as of Nov 4, 2026 · For information only; not investment advice. · © 2026 stockrow.com