Added to YB: 2021-04-19
Pitch date: 2021-04-19
RYM [bullish]
RYTHM, Inc.
-99.93%
current return
Author Info
No bio for this author
Company Info
RYTHM, Inc. provides solutions for the cannabis and hemp industry in the United States. The company offers consumers hemp-derived tetrahydrocannabinol beverages, as well as other hemp-derived products through retailers, online, and direct-to-retail partnerships.
Market Cap
$57.2M
Pitch Price
$35.6K
Price Target
N/A
Dividend
N/A
EV/EBITDA
-44.02
P/E
-2.64
EV/Sales
1.88
Sector
Machinery
Category
growth
Agrify (now RYTHM) - The 'Little' Vertical Farm That Could
RYM: Agrify’s indoor-cultivation platform delivered 161% year-over-year Q4 sales growth and 196% full-year growth in 2020, while beginning to generate higher-margin recurring Agrify Insights SaaS revenue. Consensus called for revenue to rise 210% to $37.5M in 2021 and another 85% in 2022, versus a 3.5x forward sales multiple. The trade-off is continued losses, including a $13.1M Q4 net loss, and execution risk across its expansion initiatives.
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