Alliance Entertainment (AENT)

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Alliance Entertainment Powers Record Store Day 2025 as Premier Distributor of Exclusive Vinyl Releases
GlobeNewswire· 2025-04-01 12:00
Company expects to ship approx. 650,000 units to independent retailers nationwide — an 8.3% increase over 2024 PLANTATION, Fla., April 01, 2025 (GLOBE NEWSWIRE) -- Alliance Entertainment Holding Corporation (Nasdaq: AENT), a premier distributor and fulfillment partner of entertainment and pop culture collectibles, is proud to announce its pivotal role in the success of this year's upcoming Record Store Day, solidifying its position once again as the preferred partner for the distribution of exclusive vinyl ...
Alliance Entertainment Wins Bid to Acquire Key Assets from Diamond Comic Distributors
Newsfilter· 2025-03-25 12:30
Acquisition will add iconic comic and game brands, unlocks cross-selling synergies across mass retail and specialty channels, and strengthens position in fan-driven collectibles market Acquired assets expected to generate over $200 million in revenue and over $10 million in EBITDA in FY2026 PLANTATION, Fla., March 25, 2025 (GLOBE NEWSWIRE) -- Alliance Entertainment Holding Corporation (NASDAQ:AENT), a global distributor and wholesaler specializing in music, movies, video games, electronics, arcades, and col ...
Alliance Entertainment (AENT) - 2025 Q2 - Earnings Call Transcript
2025-02-14 03:21
Financial Data and Key Metrics Changes - The company generated $393.7 million in net revenue for Q2 fiscal year 2025, a decrease from $425.6 million in the prior year period [31] - Net income for Q2 fiscal year 2025 was $7.1 million, down from $8.9 million in Q2 fiscal year 2024, impacted by a $2.5 million noncash charge [32] - Adjusted EBITDA for the quarter was $16.1 million, compared to $17.9 million in the prior year period [33] - For the first half of fiscal year 2025, net revenue totaled $622.7 million, down from $652.3 million in the first half of fiscal year 2024 [34] - The company reduced its revolver balance from $101 million to $70 million year-over-year, improving liquidity availability from $19 million to $50 million [35][38] Business Line Data and Key Metrics Changes - Vinyl sales grew 12% year-over-year to $109 million, while physical movie sales surged 23% to $86 million [31] - Physical movie sales increased 19% year-over-year to $139 million for the first half of fiscal year 2025, while vinyl sales grew 10% to $180 million [34] Market Data and Key Metrics Changes - The physical media market has returned to a historical growth trajectory in the high single digits following a surge during the pandemic [14] - The CD market has seen a revival, with CDs outselling digital albums by a 3:1 margin in the first six months of the year [15] Company Strategy and Development Direction - The company aims to expand market share, improve margins, and drive EBITDA growth while focusing on profitability and cash flow generation [40] - Strategic acquisitions have been central to the company's growth, allowing entry into new markets and diversification of offerings [19][24] - The company is committed to enhancing its product selection and operational scale through disciplined acquisition strategies [23] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to capitalize on new opportunities and deliver long-term value for shareholders [42] - The company sees significant opportunities as family-owned competitors age out and large studios look to sell or license physical media rights [43] - Management is excited about the potential of the new partnership with Paramount and the Handmade by Robots acquisition, which are expected to drive future growth [49][56] Other Important Information - The company has implemented advanced automation systems to improve efficiency and reduce costs, including the AutoStore system [26][28] - The company has a strong balance sheet with total liabilities at $306.2 million and stockholders' equity improving to $95.6 million [39] Q&A Session Summary Question: Can you elaborate on the expected financial and operational impact of your distribution deal with Paramount? - The partnership with Paramount allows the company to license all of Paramount's catalog and new releases on DVD, which is expected to significantly impact financial profitability [48] Question: How do you see the Handmade by Robots brand fitting into your broader collectible strategy? - The brand fits well into the company's collectible strategy, allowing for higher-margin products and cross-promotion with existing entertainment catalog [56][58] Question: Can you give us a sense of the metrics you were looking for when making an acquisition? - The company looks for acquisitions that are accretive to overall enterprise value and bring good profitability, with a focus on integration post-acquisition [60][63] Question: How do you plan to further optimize the direct-to-consumer sales channel? - The company plans to leverage its extensive SKU inventory and ensure products are available on multiple websites to drive consumer engagement [64][66] Question: How sustainable are the recent cost reductions and are there further automation initiatives in the pipeline? - The company expects to continue seeing operational benefits from its warehouse operations and has ongoing projects to improve efficiencies [70][72] Question: What trends are you seeing in consumer demand for physical media? - There is a robust consumer demand for collectibles, including vinyl and physical movies, which the company plans to capitalize on [74][78]
Alliance Entertainment (AENT) - 2024 Q4 - Annual Results
2025-02-13 21:35
Exhibit 99.1 Alliance Entertainment Reports Second Quarter Fiscal Year 2025 Results Strategic investments and partnerships set stage for strong second half outlook Reduced revolver debt by 31%, strengthening balance sheet and liquidity position Higher-margin Direct to Consumer sales reach 42% of gross revenue PLANTATION, Fla., February 13, 2025 (GLOBE NEWSWIRE) — Alliance Entertainment Holding Corporation (Nasdaq: AENT), a global distributor and wholesaler specializing in music, movies, video games, electro ...
Alliance Entertainment Reports Second Quarter Fiscal Year 2025 Results
GlobeNewswire News Room· 2025-02-13 21:01
Strategic investments and partnerships set stage for strong second half outlook Reduced revolver debt by 31%, strengthening balance sheet and liquidity position Higher-margin Direct to Consumer sales reach 42% of gross revenue PLANTATION, Fla., Feb. 13, 2025 (GLOBE NEWSWIRE) -- Alliance Entertainment Holding Corporation (Nasdaq: AENT), a global distributor and wholesaler specializing in music, movies, video games, electronics, arcades, and collectibles, reported its financial and operational results for th ...
Alliance Entertainment Unveils New Handmade by Robots Collectible Figures at Walmart, Tapping into the Booming Pop Culture Market
Newsfilter· 2025-02-12 13:00
PLANTATION, Fla., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Alliance Entertainment Holding Corporation (NASDAQ:AENT) is thrilled to announce the launch of its latest line of Handmade by Robots™ collectible figures, which debuted in select Walmart stores nationwide and on Walmart.com on February 7. This exciting new collection represents a unique fusion of craftsmanship and pop culture, catering to the growing demand for collectible products that resonate with consumers and collectors alike. These figures are not ju ...
Alliance Entertainment to Host Second Quarter Fiscal Year 2025 Results Conference Call on February 13 at 4:30 p.m. Eastern Time
GlobeNewswire· 2025-01-30 14:00
PLANTATION, Fla., Jan. 30, 2025 (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, February 13, at 4:30 p.m. Eastern Time to discuss its results for the second quarter ended December 31, 2024. A press release detailing these results will be issued prior to the call. Alliance Entertainment Executive Chairman Bruce Og ...
Alliance Entertainment Acquires Handmade by Robots
Newsfilter· 2024-12-18 13:30
PLANTATION, Fla., Dec. 18, 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 proud to announce the acquisition of Handmade by Robots, a highly sought-after line of collectible vinyl figures. This acquisition bolsters Alliance Entertainment's growing collectibles division and reflects the company's ongoing commitment to offering unique and innovativ ...
3 Small-Cap Stocks With Big Growth Potential
MarketBeat· 2024-12-13 12:01
According to several indicators—including a robust labor market and tamed inflation figures—the U.S. economy heads into 2025 with strong tailwinds. Many of the securities that have been primary beneficiaries of this economic well-being are large-cap (or even mega-cap) titans in the tech industry. Companies like NVIDIA Corp. NASDAQ: NVDA have shares that have doubled or even tripled in price in the year leading to December 11, 2024. For many investors, these major players may be prohibitively expensive. Thei ...
Join Alliance Entertainment's Exclusive Live Investor Webinar and Q&A Session on December 10
GlobeNewswire News Room· 2024-12-03 21:15
Core Insights - Alliance Entertainment Holding Corporation is hosting a webinar on December 10, 2024, to discuss its leadership in the physical media distribution market [1][2] - The company is recognized as the largest player in its field, with a strong position due to its extensive reach and relationships with major content producers and retailers [2][3] - Alliance's business model is characterized as capital-light and low-cost, which positions it well for future growth [3] Company Overview - Alliance Entertainment specializes in the distribution of music, movies, video games, electronics, toys, and collectibles, offering over 325,000 unique in-stock SKUs [7] - The company has over 35 years of distribution experience and serves a diverse range of customers, providing essential services to resellers and retailers worldwide [7] - Alliance's operational efficiency helps reduce costs associated with managing multiple vendor relationships, aiding omni-channel retailers in expanding their product offerings [7]