SemiCab, Algorhythm Holdings’ AI‑enabled logistics platform, reported an annualized revenue run rate of $9.7 million for December 2025, a three‑fold increase from the $2.5 million run rate recorded at the end of 2024.
The surge was driven by five new contract wins and seven expansion agreements with major multinational fast‑moving consumer goods companies in India. SemiCab’s platform, which uses machine‑learning algorithms to schedule loads and optimize truck utilization to 85‑90 %, has cut empty miles and delivered measurable cost savings for shippers and carriers.
India’s FMCG logistics market is projected to reach $220 billion by 2025, and SemiCab now captures roughly 6 % of the $250 million annual freight contract pool in metropolitan regions, while holding a 1 % share of the $1.4 billion National Digital Freight Exchange ecosystem—both figures indicating substantial room for further growth.
Algorhythm Holdings’ overall financial picture remains modest: total revenue for 2024 was $23.5 million, and the company posted a net loss of $1.8 million in Q3 2025. The rapid expansion of SemiCab’s ARR helps offset these losses and signals a shift toward a higher‑margin, AI‑driven business model.
CEO Gary Atkinson said the company is “thrilled by the momentum in India and is positioning SemiCab for expansion into the U.S. market in 2026.” He added that the AI platform’s ability to reduce empty miles is a key differentiator that will drive future profitability.
The company acknowledges headwinds, noting that scaling operations in India has presented logistical constraints and that the Q3 2025 pretax margin was –13.3 %. However, management believes that continued investment in AI capabilities and deeper market penetration will improve margin profiles over the next 12 months.
SemiCab’s record run rate underscores Algorhythm Holdings’ strategic pivot to AI‑enabled logistics and positions the company to capture a larger share of a $3 trillion global truckload market, potentially transforming its long‑term financial trajectory.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.