Alliance Entertainment Holding Corp

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Alliance Entertainment posts strong Q1 results, eyes growth strategies

Alliance Entertainment's Q1 2025 performance reflects improved financial metrics and sustained positive adjusted EBITDA, underlining stability and growth potential.
The company's strengths lie in its market position as a critical supplier, focus on margin expansion, and strategic growth initiatives.
Challenges include inventory management, margin expansion in a competitive market, and integration risks from mergers and acquisitions.
Opportunities for Alliance Entertainment include expanding licensing, automation, strategic acquisitions, and optimizing supplier relationships for enhanced profitability and growth.

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Alliance Entertainment Holding Corp. engages in the distribution of music, movies, and consumer electronics. It distributes its physical media, entertainment products, hardware, and accessories through an established multi-channel strategy. The company was founded in 1990 and is headquartered in Plantation, FL.

Alliance Entertainment Holding Corporation (AENT) Q1 20254 Earnings Call Transcript

Operational efficiencies drove improved profitability Strengthened balance sheet including 33% reduction in revolver debt Higher-margin Direct to Consumer sales increased to 34% of gross revenue

Alliance Entertainment Reports First Quarter Fiscal Year 2025 Results

PLANTATION, Fla., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Alliance Entertainment Holding Corporation (Nasdaq: AENT), a global distributor and wholesaler specializing in music, movies, video games, electronics, arcades, toys, and collectibles, will hold a conference call on Tuesday, November 12, 2024, at 4:30 p.m. Eastern Time to discuss its results for the first quarter ended September 30, 2024. A press release detailing these results will be issued prior to the call.

Alliance Entertainment to Host First Quarter Fiscal Year 2025 Results Conference Call on November 12 at 4:30 p.m. Eastern Time

MOORESTOWN, N.J.--(BUSINESS WIRE)--OPEX® Corporation, a global leader in Next Generation Automation providing solutions for document, mail, and warehouse automation, has installed its new Sure Sort® X Automated Sorting System at an Alliance Entertainment warehouse in Kentucky. Sure Sort X offers speed, efficiency, a compact footprint, and versatility in handling sorting jobs of different sizes for Alliance Entertainment, a worldwide distributor of music, movies, toys, collectibles, and consumer.

OPEX® Sure Sort® X Warehouse Automation Solution Offers Alliance Entertainment Speed, Efficiency, Flexibility, and Support

ORLANDO, FL / ACCESSWIRE / October 4, 2024 / RedChip Companies will air interviews with Alliance Entertainment Holding Corporation (Nasdaq:AENT) and Nova Minerals Limited (Nasdaq:NVA) on the RedChip Small Stocks, Big Money™ show, a sponsored program on Bloomberg TV, this Saturday, October 5, at 7 p.m. Eastern Time (ET).

Alliance Entertainment and Nova Minerals Interviews to Air on the RedChip Small Stocks, Big Money(TM) Show on Bloomberg TV

PLANTATION, Fla., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Alliance Entertainment Holding Corporation (Nasdaq: AENT), a global distributor and wholesaler specializing in music, movies, video games, electronics, arcades, toys, and collectibles, is pleased to invite investors to a webinar on October 15, 2024, at 4:15 p.m. ET.

Join Alliance Entertainment's Exclusive Live Investor Webinar and Q&A Session on October 15

Alliance Entertainment Holding Corporation (NASDAQ:AENT ) Q4 2024 Results Conference Call September 19, 2024 4:30 PM ET Company Participants Bruce Ogilvie - Executive Chairman Jeff Walker - Chief Executive Officer, Chief Financial Officer Operator Greetings, and welcome to the Alliance Entertainment Fourth Quarter and Fiscal Year 2024 Financial Results Conference Call. At this time, all participants are in a listen-only mode.

Alliance Entertainment Holding Corporation (AENT) Q4 2024 Earnings Call Transcript

Operational efficiencies and margin improvements drive profitability turnaround Higher-margin DTC sales increased to 36% of gross revenue in FY24 Strengthened balance sheet with 45% reduction in revolver debt and added new $120M credit facility PLANTATION, Fla., Sept. 19, 2024 (GLOBE NEWSWIRE) -- Alliance Entertainment Holding Corporation (Nasdaq: AENT), a global distributor and wholesaler specializing in music, movies, video games, electronics, arcades, toys, and collectibles, reported its financial and operational results for the fourth quarter and fiscal year ended June 30, 2024.

Alliance Entertainment Reports Fourth Quarter and Fiscal Year 2024 Results

PLANTATION, Fla., Sept. 05, 2024 (GLOBE NEWSWIRE) -- Alliance Entertainment Holding Corporation (Nasdaq: AENT), a global distributor and wholesaler specializing in music, movies, video games, electronics, arcades, toys, and collectibles, will hold a conference call on Thursday, September 19, 2024, at 4:30 p.m. Eastern Time to discuss its results for the fourth quarter and fiscal year ended June 30, 2024. A press release detailing these results will be issued prior to the call.

Alliance Entertainment to Host Fourth Quarter and Fiscal Year 2024 Results Conference Call on September 19 at 4:30 p.m. Eastern Time

PLANTATION, Fla., June 11, 2024 (GLOBE NEWSWIRE) -- Mill Creek Entertainment, a division of Alliance Entertainment Holding Corporation (Nasdaq: AENT) (“Alliance Entertainment”, “Company”), a global distributor and wholesaler specializing in music, movies, video games, electronics, arcades, toys, and collectibles, today announced the extension and expansion of its current partnership with Tsuburaya Fields Media & Pictures Entertainment, Inc. The agreement includes digital and physical rights for a full slate of episodic series and feature films from the international powerhouse brand, ULTRAMAN, including many not previously available in the US.

Alliance Entertainment's Mill Creek Entertainment Expands Distribution Partnership with Tsuburaya Fields Media & Pictures Entertainment

PLANTATION, Fla., June 05, 2024 (GLOBE NEWSWIRE) -- Alliance Entertainment Holding Corporation (Nasdaq: AENT) (“Alliance Entertainment”, “Company”), a global distributor and wholesaler specializing in music, movies, video games, electronics, arcades, toys, and collectibles, announced today it will present at the iAccess Alpha Best Ideas Summer Conference being held virtually on June 25 - 26, 2024 and the Noble Capital Virtual TMT Conference on June 27, 2024.

Alliance Entertainment to Showcase 2024 Earnings Improvement, and Acquisition Opportunities at Upcoming June Virtual Investor Conferences

Warwick Goldby Assumes Duties of Chief Operating Officer Amanda Gnecco Assumes Duties of Chief Accounting Officer Robert Black Assumes Duties of Chief Compliance Officer PLANTATION, Fla., May 29, 2024 (GLOBE NEWSWIRE) -- Alliance Entertainment Holding Corporation (Nasdaq: AENT) (“Alliance Entertainment”, “Company”), a global distributor and wholesaler specializing in music, movies, video games, electronics, arcades, toys, and collectibles, announced the promotion of three current executives to drive growth, including Warwick Goldby to Chief Operating Officer, Amanda Gnecco to Chief Accounting Officer, and Robert Black to Chief Compliance Officer.

Alliance Entertainment Announces Key Officer Promotions

PLANTATION, Fla. and LOS ANGELES, May 21, 2024 (GLOBE NEWSWIRE) -- Distribution Solutions, a division of Alliance Entertainment (NASDAQ: AENT), today announced the extension of its current partnership with Cineverse Corp (NASDAQ: CNVS), an innovative streaming technology and entertainment company.

Alliance Entertainment's Distribution Solutions Extends Partnership with Cineverse

Alliance Entertainment Holding Corporation (NASDAQ:AENT ) Q3 2024 Earnings Conference Call May 9, 2024 4:30 PM ET Company Participants Bruce Ogilvie – Executive Chairman Jeff Walker – Chief Executive Officer and Chief Financial Officer Conference Call Participants Ashok Kumar – ThinkEquity Operator Greetings, and welcome to the Alliance Entertainment Third Quarter Fiscal Year 2024 Financial Results Conference Call. At this time, all participants are in a listen-only mode.

Alliance Entertainment Holding Corporation (AENT) Q3 2024 Earnings Call Transcript

Q3 FY 2024 Net Revenues Totaled $211.2 Million Q3 FY 2024 Gross Profit Increased to $28.0 Million and Gross Margin Improved 130bps to 13.3% on Profitable Sales Strategy Q3 FY 2024 Adjusted EBITDA of $2.9 Million Improved by $5.3 Million Debt Reduced $40 Million in Last 12 Months Ended March 31, 2024 PLANTATION, Fla., May 09, 2024 (GLOBE NEWSWIRE) -- Alliance Entertainment Holding Corporation (Nasdaq: AENT) (“Alliance Entertainment”, “Company”), a global distributor and wholesaler specializing in music, movies, video games, electronics, arcades, toys, and collectibles, has reported its financial and operational results for the fiscal third quarter ended March 31, 2024.

Alliance Entertainment Reports Third Quarter and Nine Month Fiscal Year 2024 Financial Results

PLANTATION, Fla., May 07, 2024 (GLOBE NEWSWIRE) -- Alliance Entertainment Holding Corporation (Nasdaq: AENT), a global distributor and wholesaler specializing in music, movies, video games, electronics, arcades, toys, and collectibles, today announced results of last month's Record Store Day events.

Alliance Entertainment Announces Largest Sales Month for Independent Retail Division Coinciding with 2024 Record Store Day Event

PLANTATION, Fla., April 23, 2024 (GLOBE NEWSWIRE) -- Alliance Entertainment Holding Corporation (Nasdaq: AENT), a global distributor and wholesaler specializing in music, movies, video games, electronics, arcades, toys, and collectibles, will hold a conference call on Thursday, May 9, 2024 at 4:30 p.m.

Alliance Entertainment to Host Fiscal Third Quarter 2024 Results Conference Call on Thursday, May 9, 2024 at 4:30 p.m. Eastern Time

Company to Highlight Continued Success of Physical Media with Attendees K-Pop Sales Up 56.2% YoY through March 2024 to $49.8 Million PLANTATION, Fla., April 16, 2024 (GLOBE NEWSWIRE) -- Alliance Entertainment Holding Corporation (Nasdaq: AENT), a global distributor and wholesaler specializing in music, movies, video games, electronics, arcades, toys, and collectibles, will attend the Music Biz 2024 conference being held on May 13-16, 2024 at the JW Marriott Nashville in Nashville, Tennessee.

Alliance Entertainment to Attend Music Biz 2024 in Nashville

Management to Showcase 873,000 Sq Ft Warehouse including AutoStore™ Storage and Retrieval Technology and Sure Sort® X Sortation Technology System Management to Update Investors on Shift Toward Larger Scale Automation and Strategic Focus on Profitable Sales PLANTATION, Fla., April 09, 2024 (GLOBE NEWSWIRE) -- Alliance Entertainment Holding Corporation (Nasdaq: AENT), a global distributor and wholesaler specializing in music, movies, video games, electronics, arcades, toys, and collectibles, will host an investor and analyst day on Thursday, May 16, 2024, from 9:30 a.m.

Alliance Entertainment to Host Investor and Analyst Tours at its Warehouse in Shepherdsville, Kentucky on Thursday, May 16, 2024

PLANTATION, Fla., March 21, 2024 (GLOBE NEWSWIRE) -- Alliance Entertainment Holding Corporation (Nasdaq: AENT), a global distributor and wholesaler specializing in music, movies, video games, electronics, arcades, toys, and collectibles, has commenced installation at its Kentucky facility of Sure Sort® X, a cost-saving sortation technology system from warehouse automation solutions provider OPEX®, to be completed April 1st, 2024.

Alliance Entertainment Begins Installation of Cost-Saving OPEX Sure Sort X Sortation Technology at Kentucky Warehouse

NEW YORK--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Alliance Entertainment Holding Corporation (Nasdaq: AENT) concerning the Company and its directors' and officers' possible violations of state laws. If you own Alliance Entertainment stock, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Tom Kennedy, of GPM, 230 Park Avenue, Sui.

Glancy Prongay & Murray LLP Announces Investigation of Alliance Entertainment Holding Corporation (AENT)

PLANTATION, Fla., March 05, 2024 (GLOBE NEWSWIRE) -- Alliance Entertainment Holding Corporation (Nasdaq: AENT), a global distributor and wholesaler specializing in music, movies, video games, electronics, arcades, toys, and collectibles, will attend the 36th Annual ROTH Conference being held on March 17-19, 2024 at The Ritz Carlton Laguna Niguel located in Dana Point, California.

Alliance Entertainment to Attend the 36th Annual ROTH Conference on March 17-19, 2024

Alliance Entertainment Holding Corporation (AENT) Q2 2024 Earnings Call Transcript

Q2 FY 2024 Net Revenues Totaled $425.6 Million Q2 FY 2024 Gross Profit Up 128% to $47.7 Million on Profitable Sales Strategy Q2 FY 2024 Net Income of $8.9 million Driven by Strategic and Financial Improvements Q2 FY 2024 Adjusted EBITDA of $17.9 Million PLANTATION, Fla., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Alliance Entertainment Holding Corporation (Nasdaq: AENT) (“Alliance Entertainment”, “Company”), a distributor and wholesaler of the world's largest in stock selection of music, movies, video games, electronics, arcades, toys, and collectibles, has reported its financial and operational results for the fiscal second quarter ended December 31, 2023.

Alliance Entertainment Reports Second Quarter Fiscal Year 2024 Financial Results

PLANTATION, Fla., Feb. 06, 2024 (GLOBE NEWSWIRE) -- Alliance Entertainment Holding Corporation (Nasdaq: AENT), a global distributor and wholesaler specializing in music, movies, video games, electronics, arcades, toys, and collectibles, today proudly announced a dynamic start to 2024 for its Independent Music distribution arm, AMPED Distribution, with the launch of the physical release of the highly anticipated album "Coming Home" by pop and R&B sensation USHER on February 9, 2024.

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