{"id":1745816,"date":"2026-05-14T21:50:30","date_gmt":"2026-05-14T21:50:30","guid":{"rendered":"https:\/\/celebrity.land\/pt\/?p=1745816"},"modified":"2026-05-14T21:50:30","modified_gmt":"2026-05-14T21:50:30","slug":"alliance-entertainment-posts-strong-q3-2026-results","status":"publish","type":"post","link":"https:\/\/celebrity.land\/pt\/alliance-entertainment-posts-strong-q3-2026-results\/","title":{"rendered":"Alliance Entertainment posts strong Q3 2026 results"},"content":{"rendered":"\n
<\/figure>\n<\/p>\n
\n
\n
\n
\n false
\n 0001823584<\/p>\n

0001823584<\/p>\n

2026-05-14
\n 2026-05-14<\/p>\n

\n 0001823584<\/p>\n

AENT:ClassCommonStockParValue0.0001PerShareMember<\/p>\n

2026-05-14
\n 2026-05-14<\/p>\n

\n 0001823584<\/p>\n

AENT:RedeemableWarrantsExercisableForSharesOfClassCommonStockAtExercisePriceOf11.50PerShareMember<\/p>\n

2026-05-14
\n 2026-05-14<\/p>\n

iso4217:USD<\/p>\n

\n xbrli:shares<\/p>\n

\n iso4217:USD<\/p>\n

\n xbrli:shares<\/p>\n

\n <\/header>\n<\/div>\n

\u00a0<\/span><\/p>\n

<\/p>\n

\u00a0<\/span><\/p>\n

UNITED
\nSTATES<\/b><\/span><\/p>\n

SECURITIES
\nAND EXCHANGE COMMISSION<\/b><\/span><\/p>\n

WASHINGTON,
\nD.C. 20549<\/b><\/span><\/p>\n

\u00a0<\/span><\/p>\n

FORM
\n8-K<\/span><\/b><\/span><\/p>\n

CURRENT
\nREPORT<\/b><\/span><\/p>\n

\u00a0<\/span><\/p>\n

PURSUANT
\nTO SECTION 13 OR 15(d) OF THE<\/b><\/span><\/p>\n

SECURITIES
\nEXCHANGE ACT OF 1934<\/b><\/span><\/p>\n

\u00a0<\/span><\/p>\n

Date
\nof Report (Date of earliest event reported): May 14, 2026<\/span><\/span><\/p>\n

\u00a0<\/span><\/p>\n\n\n\n
ALLIANCE
\n ENTERTAINMENT HOLDING CORPORATION<\/span><\/b><\/span><\/td>\n<\/tr>\n
(Exact
\n Name of Registrant as Specified in its Charter)<\/span><\/td>\n<\/tr>\n<\/table>\n

\u00a0<\/span><\/p>\n\n\n\n\n
Delaware<\/span><\/span><\/td>\n\u00a0<\/span><\/td>\n001-40014<\/span><\/span><\/td>\n\u00a0<\/span><\/td>\n85-2373325<\/span><\/span><\/td>\n<\/tr>\n
(State
\n or Other Jurisdiction<\/span><\/td>\n		\u00a0<\/span><\/td>\n(Commission<\/span><\/td>\n\u00a0<\/span><\/td>\n(IRS
\n Employer<\/span><\/td>\n<\/tr>\n
of
\n Incorporation)<\/span><\/td>\n		\u00a0<\/span><\/td>\nFile
\n Number)<\/span><\/td>\n		\u00a0<\/span><\/td>\nIdentification
\n No.)<\/span><\/td>\n<\/tr>\n<\/table>\n

\u00a0<\/span><\/p>\n

8201
\nPeters Road<\/span>, Suite 1000<\/span><\/span><\/p>\n

Plantation<\/span>,
\nFL<\/span>, 33324<\/span><\/span><\/span><\/p>\n

(Address
\nof Principal Executive Offices) (Zip Code)<\/span><\/p>\n

\u00a0<\/span><\/p>\n

(954)<\/span>
\n255-4000<\/span><\/span><\/span><\/p>\n

(Registrant\u2019s
\nTelephone Number, Including Area Code)<\/span><\/p>\n

\u00a0<\/span><\/p>\n

Not
\nApplicable<\/span><\/span><\/p>\n

(Former
\nName or Former Address, if Changed Since Last Report)<\/span><\/p>\n

\u00a0<\/span><\/p>\n

Check
\nthe appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
\nany of the following provisions:<\/span><\/p>\n

\u00a0<\/span><\/p>\n\n\n\n\n\n\n\n\n
\u2610<\/span><\/span><\/td>\nWritten
\n communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<\/span><\/td>\n<\/tr>\n
\u00a0<\/span><\/td>\n\u00a0<\/span><\/td>\n<\/tr>\n
\u2610<\/span><\/span><\/td>\nSoliciting
\n material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<\/span><\/td>\n<\/tr>\n
\u00a0<\/span><\/td>\n\u00a0<\/span><\/td>\n<\/tr>\n
\u2610<\/span><\/span><\/td>\nPre-commencement
\n communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<\/span><\/td>\n<\/tr>\n
\u00a0<\/span><\/td>\n\u00a0<\/span><\/td>\n<\/tr>\n
\u2610<\/span><\/span><\/td>\nPre-commencement
\n communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e 4(c))<\/span><\/td>\n<\/tr>\n<\/table>\n

\u00a0<\/span><\/p>\n

Securities
\nregistered pursuant to Section 12(b) of the Act:<\/span><\/p>\n

\u00a0<\/span><\/p>\n\n\n\n\n
Title
\n of each class<\/b><\/span><\/td>\n		\u00a0<\/span><\/td>\nTrading
\n Symbol(s)<\/b><\/span><\/td>\n		\u00a0<\/span><\/td>\nName
\n of each exchange on which registered<\/b><\/span><\/td>\n<\/tr>\n
Class
\n A common stock, par value $0.0001 per share<\/span><\/span><\/td>\n		\u00a0<\/span><\/td>\nAENT<\/span><\/span><\/td>\n\u00a0<\/span><\/td>\nThe
\n Nasdaq Stock Market LLC<\/span><\/span><\/td>\n<\/tr>\n
Redeemable
\n warrants, exercisable for shares of Class A common stock at an exercise price of $11.50 per share<\/span><\/span><\/td>\n		\u00a0<\/span><\/td>\nAENTW<\/span><\/span><\/td>\n\u00a0<\/span><\/td>\nThe
\n Nasdaq Stock Market LLC<\/span><\/span><\/td>\n<\/tr>\n<\/table>\n

\u00a0<\/span><\/p>\n

Indicate
\nby check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (\u00a7230.405
\nof this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (\u00a7240.12b-2 of this chapter).<\/span><\/p>\n

\u00a0<\/span><\/p>\n

Emerging
\ngrowth company \u2612<\/span><\/span><\/p>\n

\u00a0<\/span><\/p>\n

If
\nan emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
\nwith any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. <\/span><\/p>\n

\u00a0<\/span><\/p>\n

<\/p>\n

\u00a0<\/span><\/p>\n

<\/p>\n

<\/p>\n

\u00a0<\/span><\/p>\n

Item
\n2.02. Results of Operations and Financial Condition.<\/b><\/span><\/p>\n

\u00a0<\/span><\/p>\n

On
\nMay 14, 2026, Alliance Entertainment Holding Corporation, a Delaware corporation (the \u201cCompany\u201d or \u201cAlliance\u201d),
\nissued a press release regarding Alliance\u2019s financial results for its fiscal quarter ended March 31, 2026. A copy of the
\npress release is attached hereto as Exhibit 99.1.<\/span><\/p>\n

\u00a0<\/span><\/p>\n

The
\ninformation set forth in this Item 2.02, including the exhibit attached hereto, shall not be deemed to be filed for purposes of Section
\n18 of the Securities Exchange Act of 1934, as amended (the \u201cExchange Act\u201d), or otherwise be subject to the liabilities of
\nthat section, nor shall they be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended (the
\n\u201cSecurities Act\u201d), or the Exchange Act.<\/span><\/p>\n

\u00a0<\/span><\/p>\n

Item
\n7.01. Regulation FD Disclosure.<\/b><\/span><\/p>\n

\u00a0<\/span><\/p>\n

An
\nupdated version of an investor presentation of the Company is attached as Exhibit 99.2 to this Current Report on Form 8-K. The presentation
\nwill be accessible online through the Investor Relations section of the Company\u2019s website, located at ir.aent.com, under the heading
\n\u201cInvestor Presentation.\u201d The information on the Company\u2019s website is not a part of this Current Report on Form 8-K.<\/span><\/p>\n

\u00a0<\/span><\/p>\n

The
\ninformation set forth in this Item 7.01, including the exhibit attached hereto, shall not be deemed to be filed for purposes of Section
\n18 of the Exchange Act, or otherwise be subject to the liabilities of that section, nor shall they be deemed to be incorporated by reference
\nin any filing under the Securities Act or the Exchange Act.<\/span><\/p>\n

\u00a0<\/span><\/p>\n

Forward-Looking
\nStatements<\/b><\/span><\/p>\n

\u00a0<\/span><\/p>\n

This
\nCurrent Report on Form 8-K includes certain statements that are not historical facts but are forward-looking statements for purposes
\nof the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. These statements are based on
\nvarious assumptions, whether or not identified in this Current Report on Form 8-K, and on the current expectations of the Company\u2019s
\nmanagement and are not predictions of actual performance. Actual events and circumstances are difficult or impossible to predict and
\nwill differ from assumptions. These forward-looking statements are subject to a number of risks and uncertainties, including those factors
\ndiscussed in the Company\u2019s Annual Report on Form 10-K filed with the Securities and Exchange Commission (\u201cSEC\u201d) on
\nSeptember 10, 2025 under the heading \u201cRisk Factors,\u201d and other documents of the Company filed, or to be filed, with the SEC,
\nwhich are accessible through the Investor Relations section of the Company\u2019s website at ir.aent.com. If the risks materialize or
\nassumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. The
\nCompany disclaims any obligation to update any forward-looking statements.<\/span><\/p>\n

\u00a0<\/span><\/p>\n

Item
\n9.01. Financial Statements and Exhibits.<\/b><\/span><\/p>\n

\u00a0<\/span><\/p>\n

\u00a0<\/span><\/p>\n\n\n\n\n\n
Exhibit
\n No.<\/b><\/span><\/td>\n		\u00a0<\/span><\/td>\nExhibit<\/b><\/span><\/td>\n<\/tr>\n
99.1<\/span><\/td>\n\u00a0<\/span><\/td>\nPress Release dated May 14, 2026.<\/span><\/span><\/td>\n<\/tr>\n
99.2<\/span><\/td>\n\u00a0<\/span><\/td>\nInvestor Presentation.<\/span><\/span><\/td>\n<\/tr>\n
104<\/span><\/td>\n\u00a0<\/span><\/td>\nCover
\n Page Interactive Data File (embedded within the Inline XBRL document).<\/span><\/td>\n<\/tr>\n<\/table>\n

\u00a0<\/span><\/p>\n

<\/p>\n

<\/p>\n

\u00a0<\/span><\/p>\n

SIGNATURE<\/b><\/span><\/p>\n

\u00a0<\/span><\/p>\n

Pursuant
\nto the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
\nthe undersigned hereunto duly authorized.<\/span><\/p>\n

\u00a0<\/span><\/p>\n\n\n\n\n\n\n
Dated:
\n May 14, 2026<\/span><\/td>\n		ALLIANCE
\n ENTERTAINMENT HOLDING CORPORATION<\/span><\/td>\n<\/tr>\n
\u00a0<\/span><\/td>\n\u00a0<\/span><\/td>\n\u00a0<\/span><\/td>\n<\/tr>\n
\u00a0<\/span><\/td>\nBy:
\n <\/span><\/td>\n		\/s\/
\n Bruce Ogilvie<\/i><\/span><\/td>\n<\/tr>\n
\u00a0<\/span><\/td>\nName:<\/span><\/td>\nBruce
\n Ogilvie<\/span><\/td>\n<\/tr>\n
\u00a0<\/span><\/td>\nTitle:<\/span><\/td>\nExecutive
\n Chairman<\/span><\/td>\n<\/tr>\n<\/table>\n

\u00a0<\/span><\/p>\n

<\/p>\n

<\/p>\n


\n<\/p>\n

<\/p>\n

\n

\u00a0<\/span><\/p>\n

Exhibit
\n99.1<\/b><\/span><\/p>\n

\u00a0<\/span><\/p>\n

Alliance
\nEntertainment Reports Third Quarter Fiscal Year 2026 Results<\/b><\/span><\/p>\n

\u00a0<\/b><\/span><\/p>\n

Net
\nrevenues increased 21% year-over-year<\/i><\/b><\/span><\/p>\n

\u00a0<\/i><\/b><\/span><\/p>\n

Net
\nincome increased 25% year-over-year to $2.3M; year-to-date net income grew 78% to $16.6M<\/i><\/b><\/span><\/p>\n

\u00a0<\/i><\/b><\/span><\/p>\n

Adjusted
\nEBITDA increased to $5.1M in Q3; year-to-date Adjusted EBITDA up 47% to $35.7M<\/i><\/b><\/span><\/p>\n

\u00a0<\/i><\/b><\/span><\/p>\n

PLANTATION,
\nFla., May 14, 2026 (GLOBE NEWSWIRE) \u2014 Alliance Entertainment Holding Corporation (Nasdaq: AENT), a premier distributor, logistics
\nprovider, and omnichannel fulfillment partner to the entertainment and pop culture collectibles industry, supplying more than 340,000
\nunique SKUs across music, video, video games, licensed merchandise, and exclusive collectibles to over 35,000 retail and e-commerce storefronts,
\nreported its financial and operational results for its fiscal third quarter ended March 31, 2026.<\/span><\/p>\n

\u00a0<\/span><\/p>\n

Third
\nQuarter FY 2026 Highlights<\/b><\/span><\/p>\n

\u00a0<\/span><\/p>\n\n\n
\n\u25cf<\/span><\/td>\nRevenue
\n Growth and Sustained Profitability:<\/b> Net revenues increased 21.2% year-over-year to $258.2
\n million, driven by broad-based strength across core physical product categories. Net income
\n increased to $2.3 million, or $0.05 per diluted share, compared to $1.9 million, or $0.04
\n per share, in the prior-year period, reflecting continued execution against the Company\u2019s
\n profitability framework. Adjusted EBITDA was approximately $5.1 million, compared to $4.9
\n million in Q3 FY25. For the nine months ended March 31, 2026, net revenues increased 5% to
\n $880.9 million, compared to $835.7 million in the prior-year period, while net income increased
\n 78% to $16.6 million, or $0.32 per diluted share, compared to $9.3 million, or $0.18 per
\n share. Adjusted EBITDA was approximately $35.7 million, up 47% from $24.4 million in the
\n prior-year period.<\/span><\/td>\n<\/tr>\n<\/table>\n

\u00a0<\/span><\/p>\n\n\n
\n\u25cf<\/span><\/td>\nLaunch
\n of Endstate Authentic and Alliance Authentic\"\u2122\":<\/b> The Company continued to advance
\n its technology strategy following the acquisition of Endstate on December 31, 2025, establishing
\n Endstate Authentic, an NFC-enabled authentication and digital product identity platform that
\n supports authenticated ownership, provenance, and verified resale across premium physical
\n goods. During the quarter, Alliance also launched Alliance Authentic\"\u2122\", representing
\n the Company\u2019s first application of these capabilities within its own product ecosystem,
\n initially focused on premium vinyl collectibles. The platform has since expanded to include
\n additional categories, including Handmade by Robots\"\u2122\" and select third-party collectibles
\n such as Funko figures. These initiatives extend Alliance\u2019s role beyond distribution
\n into ownership and participation across the product lifecycle, while creating a scalable
\n foundation for new authentication, collectibles, and platform revenue opportunities.<\/span><\/td>\n<\/tr>\n<\/table>\n

\u00a0<\/span><\/p>\n\n\n
\n\u25cf<\/span><\/td>\nStrength
\n in Physical Media:<\/b> Vinyl record sales increased 15% year-over-year to $99 million, driven
\n by higher unit volumes and sustained interest in limited-edition releases. Compact disc (CD)
\n sales increased 90% year-over-year to $39 million, reflecting both higher unit volumes and
\n improved pricing, driven by strong demand for major releases and collectible formats, including
\n continued strength in international and K-pop titles. Physical movie sales increased 5% year-over-year
\n to $61 million, supported by a steady cadence of new releases and continued consumer demand
\n for premium formats such as 4K Ultra HD and collectible editions. Performance in the category
\n continued to benefit from the Company\u2019s exclusive studio partnerships, including Paramount
\n and Amazon MGM Studios Distribution, which expanded title availability and supported growth
\n across key retail channels.<\/span><\/td>\n<\/tr>\n<\/table>\n

\u00a0<\/span><\/p>\n

<\/p>\n

<\/p>\n

\u00a0<\/span><\/p>\n\n\n
\n\u25cf<\/span><\/td>\nCollectibles
\n Growth Driven by Premium Mix:<\/b> Collectibles revenue increased 48% year-over-year to $8
\n million, driven by increased average selling prices and a continued shift toward higher-value,
\n premium products. Growth was supported by expanded sourcing efforts and the addition of new
\n vendor relationships, which contributed incremental sales during the quarter. Performance
\n also benefited from the transition of Handmade by Robots\"\u2122\" to an owned brand, as well
\n as improved margins across certain legacy brands following prior inventory optimization initiatives,
\n reflecting continued progress in enhancing product mix and profitability within the collectibles
\n category.<\/span><\/td>\n<\/tr>\n<\/table>\n

\u00a0<\/span><\/p>\n\n\n
\n\u25cf<\/span><\/td>\nGrowth
\n in Gaming and Electronics:<\/b> Gaming revenue increased 12% year-over-year to $33 million,
\n supported by continued demand for next-generation consoles, including the Nintendo Switch
\n II, along with related software and accessories. Electronics revenue increased 53% year-over-year
\n to $4.0 million, driven by higher unit volumes and a favorable mix shift toward higher-priced
\n audio playback devices and accessories, including turntables, CD players, headphones, and
\n speakers. Growth in electronics continued to benefit from strong demand for vinyl and physical
\n media, which drives attachment sales of complementary hardware. Performance in both categories
\n reflects the Company\u2019s ability to align product mix with evolving consumer preferences
\n while capturing incremental demand across hardware and content ecosystems.<\/span><\/td>\n<\/tr>\n<\/table>\n

\u00a0<\/span><\/p>\n\n\n
\n\u25cf<\/span><\/td>\nOperating
\n Leverage and Expense Discipline:<\/b> Total operating expenses improved to 11.5% of net revenue,
\n compared to 12.0% in the prior-year period. Selling, general and administrative expenses
\n improved to 6.5% of net revenue, compared to 6.7% in the prior year, while distribution and
\n fulfillment expenses declined to 4.3% of net revenue, compared to 4.7% in Q3 FY25. The improvement
\n was driven by higher revenue scale, productivity gains, and the Company\u2019s flexible
\n labor model, which continues to support efficient fulfillment operations while enabling targeted
\n investments in infrastructure, technology, and automation to support future growth.<\/span><\/td>\n<\/tr>\n<\/table>\n

\u00a0<\/span><\/p>\n\n\n
\n\u25cf<\/span><\/td>\nBalance
\n Sheet and Liquidity Strength: <\/b>The Company ended the quarter with working capital of approximately
\n $60.0 million, reflecting disciplined management of inventory and payables to support ongoing
\n growth. The Company had approximately $56 million of availability under its revolving credit
\n facility at quarter end, providing ample liquidity and financial flexibility to support working
\n capital needs and strategic initiatives.<\/span><\/td>\n<\/tr>\n<\/table>\n

\u00a0<\/b><\/span><\/p>\n

\u201cOur
\nthird quarter results reflect continued strength across our core categories and the operating leverage inherent in our model,\u201d
\nsaid Jeff Walker, Chief Executive Officer of Alliance Entertainment. \u201cWe delivered over 21% revenue growth in the quarter and strong
\nyear-to-date earnings expansion, demonstrating that our platform is scaling and that improvements in product mix and cost structure are
\ntranslating into durable profitability.\u201d<\/span><\/p>\n

\u00a0<\/span><\/p>\n

\u201cWe
\nare also seeing continued validation of the broader shift toward physical media as a collectible category, where ownership, scarcity,
\nand premium formats are driving collector purchasing behavior,\u201d Walker added. \u201cThis trend is increasingly supported by collector-driven
\ndiscovery and community engagement across social media platforms, particularly among younger consumers who are prioritizing intentional
\nlistening, tangible ownership, and long-term value. Our exclusive partnerships and curated assortment position us at the center of that
\ntrend, while our direct-to-consumer and platform initiatives are enabling us to capture more value across the lifecycle of each product.\u201d<\/span><\/p>\n

\u00a0<\/span><\/p>\n

<\/p>\n

<\/p>\n

\u00a0<\/span><\/p>\n

\u201cDuring
\nthe quarter, we advanced the next phase of our strategy with the launch of Alliance Authentic\"\u2122\", extending our platform into authenticated
\ncollectibles,\u201d Walker continued. \u201cImportantly, this represents the first commercial application of Endstate Authentic, our
\nNFC-enabled authentication platform, and extends our role beyond distribution into ownership, provenance, and the full lifecycle of collectible
\nproducts. Subsequent to quarter end, we further expanded our platform strategy with the relaunch of Movies Unlimited as a curated, collector-focused
\ndestination designed to deepen engagement and increase customer lifetime value. Together, these initiatives build on our existing scale
\nto enhance product value, strengthen customer relationships, and create additional long-term growth opportunities.\u201d<\/span><\/p>\n

\u00a0<\/span><\/p>\n

Amanda
\nGnecco, Chief Financial Officer of Alliance Entertainment, said, \u201c\u201cWe delivered strong financial performance in the third
\nquarter, with revenue up 21% and net income increasing 25% year-over-year. For the first nine months of fiscal year 2026, net income
\nincreased 78% to $16.6 million, and Adjusted EBITDA increased 47% to $35.7 million, highlighting the growing earnings power and scalability
\nof our platform.\u201d<\/span><\/p>\n

\u00a0<\/span><\/p>\n

\u201cWe
\nare seeing clear operating leverage across the business, with operating expenses declining as a percentage of revenue even as we continue
\nto invest in infrastructure, technology, and growth initiatives. At the same time, we maintained a strong liquidity position, ending
\nthe quarter with approximately $60 million in working capital and $56 million of availability under our revolving credit facility. With
\na more efficient cost structure and continued momentum in higher-value categories, we believe we are well positioned to sustain both
\nrevenue growth and meaningful earnings expansion.\u201d<\/span><\/p>\n

\u00a0<\/span><\/p>\n

Third
\nQuarter FY 2026 Financial Results<\/b><\/span><\/p>\n

\u00a0<\/span><\/p>\n\n\n
\n\u25cf<\/span><\/td>\nNet
\n revenues for the fiscal third quarter ended March 31, 2026, were $258.2 million, up 21.1%
\n from $213 million in the same period of fiscal 2025.<\/span><\/td>\n<\/tr>\n<\/table>\n

\u00a0<\/span><\/p>\n\n\n
\n\u25cf<\/span><\/td>\nGross
\n profit for the fiscal third quarter ended March 31, 2026, was $33.0 million, up 13.4% from
\n $29.1 million in the same period of fiscal 2025.<\/span><\/td>\n<\/tr>\n<\/table>\n

\u00a0<\/span><\/p>\n\n\n
\n\u25cf<\/span><\/td>\nGross
\n margin for the fiscal third quarter ended March 31, 2026, was 12.8%, compared to 13.6% in
\n the same period of fiscal 2025.<\/span><\/td>\n<\/tr>\n<\/table>\n

\u00a0<\/span><\/p>\n\n\n
\n\u25cf<\/span><\/td>\nNet
\n income for the fiscal third quarter ended March 31, 2026, was $2.3 million, or $0.05 per
\n diluted share, up 25.0% from net income of $1.9 million, or $0.04 per diluted share for the
\n same period of fiscal 2025.<\/span><\/td>\n<\/tr>\n<\/table>\n

\u00a0<\/span><\/p>\n\n\n
\n\u25cf<\/span><\/td>\nAdjusted
\n EBITDA for the fiscal third quarter ended March 31, 2026, was $5.1 million, up 4.1% from
\n Adjusted EBITDA of $4.9 million for the same period of fiscal 2025.<\/span><\/td>\n<\/tr>\n<\/table>\n

\u00a0<\/span><\/p>\n

Nine-Months
\nFY 2026 Financial Results<\/b><\/span><\/p>\n

\u00a0<\/b><\/span><\/p>\n\n\n
\n\u25cf<\/span><\/td>\nNet
\n revenues for the nine months ended March 31, 2026, were $880.9 million, up 5.0% from $835.7
\n million in the same period of fiscal 2025.<\/span><\/td>\n<\/tr>\n<\/table>\n

\u00a0<\/span><\/p>\n

<\/p>\n

<\/p>\n

\u00a0<\/span><\/p>\n\n\n
\n\u25cf<\/span><\/td>\nGross
\n profit for the nine months ended March 31, 2026, was $117.3 million, up 21.0% from $96.9
\n million in the same period of fiscal 2025.<\/span><\/td>\n<\/tr>\n<\/table>\n

\u00a0<\/span><\/p>\n\n\n
\n\u25cf<\/span><\/td>\nGross
\n margin for the nine months ended March 31, 2026, was 13.3%, up 170 basis points from 11.6%
\n in the same period of fiscal 2025.<\/span><\/td>\n<\/tr>\n<\/table>\n

\u00a0<\/span><\/p>\n\n\n
\n\u25cf<\/span><\/td>\nNet
\n income for the nine months ended March 31, 2026, was $16.6 million, or $0.32 per diluted
\n share, up 78% from net income of $9.3 million, or $0.18 per diluted share for the same period
\n of fiscal 2025.<\/span><\/td>\n<\/tr>\n<\/table>\n

\u00a0<\/span><\/p>\n\n\n
\n\u25cf<\/span><\/td>\nAdjusted
\n EBITDA for the nine months ended March 31, 2026, was $35.7 million, up 47% from Adjusted
\n EBITDA of $24.4 million for the same period of fiscal 2025.<\/span><\/td>\n<\/tr>\n<\/table>\n

\u00a0<\/span><\/p>\n

Conference
\nCall<\/b><\/span><\/p>\n

\u00a0<\/b><\/span><\/p>\n

Alliance
\nEntertainment Chief Executive Officer Jeff Walker, Chief Financial Officer Amanda Gnecco, and Executive Chairman Bruce Ogilvie will host
\nthe conference call, which will be followed by a question-and-answer session. A presentation will accompany the call and can be viewed
\nduring the webcast or accessed via the investor relations section of the Company\u2019s website here.<\/span><\/p>\n

\u00a0<\/span><\/p>\n

To
\naccess the call, please use the following information:<\/span><\/p>\n

\u00a0<\/span><\/p>\n\n\n\n\n\n\n
Date:<\/span><\/td>\n\u00a0<\/td>\nThursday,
\n May 12, 2026<\/span><\/td>\n<\/tr>\n
Time:<\/span><\/td>\n\u00a0<\/td>\n4:30
\n p.m. Eastern Time, 1:30 p.m. Pacific Time<\/span><\/td>\n<\/tr>\n
Toll-free
\n dial-in number:<\/span><\/td>\n		\u00a0<\/td>\n1-877-407-0784<\/span><\/td>\n<\/tr>\n
International
\n dial-in number:<\/span><\/td>\n		\u00a0<\/td>\n1-201-689-8560<\/span><\/td>\n<\/tr>\n
Conference
\n ID:<\/span><\/td>\n		\u00a0<\/td>\n13760161<\/span><\/td>\n<\/tr>\n<\/table>\n

\u00a0<\/span><\/p>\n

Please
\ncall the conference telephone number 5-10 minutes prior to the start time. An operator will register your name and organization. If you
\nhave any difficulty connecting with the conference call, please contact RedChip Companies at 1-407-644-4256.<\/span><\/p>\n

\u00a0<\/span><\/p>\n

The
\nconference call will be broadcast live and available for replay at https:\/\/viavid.webcasts.com\/starthere.jsp?ei=1760227&tp_key=0154ad6f3e<\/u>
\nand via the investor relations section of the Company\u2019s website here<\/u>.<\/span><\/p>\n

\u00a0<\/span><\/p>\n

A
\ntelephone replay of the call will be available approximately three hours after the call concludes and can be accessed through June 14,
\n2026, using the following information:<\/span><\/p>\n

\u00a0<\/span><\/p>\n\n\n\n\n
Toll-free
\n replay number:<\/span><\/td>\n		\u00a0<\/td>\n1-844-512-2921<\/span><\/td>\n<\/tr>\n
International
\n replay number:<\/span><\/td>\n		\u00a0<\/td>\n1-412-317-6671<\/span><\/td>\n<\/tr>\n
Replay
\n ID:<\/span><\/td>\n		\u00a0<\/td>\n13760161<\/span><\/td>\n<\/tr>\n<\/table>\n

\u00a0<\/span><\/p>\n

<\/p>\n

<\/p>\n

\u00a0<\/span><\/p>\n

About
\nAlliance Entertainment<\/b><\/span><\/p>\n

\u00a0<\/b><\/span><\/p>\n

Alliance
\nEntertainment (NASDAQ: AENT) is a premier distributor and fulfillment partner for the entertainment and pop culture collectibles industry.
\nWith more than 340,000 unique in-stock SKUs \u2014 including over 57,300 exclusive titles across compact discs, vinyl LPs, DVDs, Blu-rays,
\nand video games \u2014 Alliance offers the largest selection of physical media in the market. Our vast catalog also includes licensed
\nmerchandise, toys, retro gaming products, and collectibles, serving over 35,000 retail locations and powering e-commerce fulfillment
\nfor leading retailers. Alliance also owns and operates proprietary collectibles brands, including Handmade by Robots\"\u2122\", a stylized
\nvinyl figure line featuring licensed characters from leading entertainment franchises, and Alliance Authentic\"\u2122\", a premium platform
\nfor authentic, certified, and individually numbered entertainment collectibles. In addition, Alliance operates Endstate Authentic, a
\ndedicated NFC-enabled authentication and digital product identity platform supporting authenticated collectibles, resale, and brand protection.
\nLeveraging decades of operational expertise, exclusive sourcing relationships, and a capital-light, scalable infrastructure, Alliance
\nconnects fans and collectors to the products, franchises, and experiences they value across formats and generations. For more information,
\nvisit www.aent.com<\/u>.<\/span><\/p>\n

\u00a0<\/span><\/p>\n

Forward
\nLooking Statements<\/b><\/span><\/p>\n

\u00a0<\/span><\/p>\n

Certain
\nstatements included in this Press Release that are not historical facts are forward-looking statements for purposes of the safe harbor
\nprovisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied
\nby words such as \u201cbelieve,\u201d \u201cmay,\u201d \u201cwill,\u201d \u201cestimate,\u201d \u201ccontinue,\u201d \u201canticipate,\u201d
\n\u201cintend,\u201d \u201cexpect,\u201d \u201cshould,\u201d \u201cwould,\u201d \u201cplan,\u201d \u201cpredict,\u201d \u201cpotential,\u201d
\n\u201cseem,\u201d \u201cseek,\u201d \u201cfuture,\u201d \u201coutlook,\u201d and similar expressions that predict or indicate
\nfuture events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited
\nto, statements regarding estimates and forecasts of other financial and performance metrics and projections of market opportunity. These
\nstatements are based on various assumptions, whether identified in this Press Release, and on the current expectations of Alliance\u2019s
\nmanagement and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only
\nand are not intended to serve as and must not be relied on by an investor as, a guarantee, an assurance, a prediction, or a definitive
\nstatement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions.
\nMany actual events and circumstances are beyond the control of Alliance. These forward-looking statements are subject to a number of
\nrisks and uncertainties, including risks relating to the anticipated growth rates and market opportunities; changes in applicable laws
\nor regulations; the ability of Alliance to execute its business model, including market acceptance of its systems and related services;
\nAlliance\u2019s reliance on a concentration of suppliers for its products and services; increases in Alliance\u2019s costs, disruption
\nof supply, or shortage of products and materials; Alliance\u2019s dependence on a concentration of customers, and failure to add new
\ncustomers or expand sales to Alliance\u2019s existing customers; increased Alliance inventory and risk of obsolescence; Alliance\u2019s
\nsignificant amount of indebtedness; our ability to refinance our existing indebtedness; our ability to continue as a going concern absent
\naccess to sources of liquidity; risks that a breach of the revolving credit facility could result in the lender declaring a default and
\nthat the full outstanding amount under the revolving credit facility could be immediately due in full, which would have severe adverse
\nconsequences for the Company; known or future litigation and regulatory enforcement risks, including the diversion of time and attention
\nand the additional costs and demands on Alliance\u2019s resources; Alliance\u2019s business being adversely affected by increased inflation,
\nuncertainty regarding tariffs, higher interest rates and other adverse economic, business, and\/or competitive factors; geopolitical risk
\nand changes in applicable laws or regulations; as well as our financial condition and results of operations; substantial regulations,
\nwhich are evolving, and unfavorable changes or failure by Alliance to comply with these regulations; product liability claims, which
\ncould harm Alliance\u2019s financial condition and liquidity if Alliance is not able to successfully defend or insure against such claims;
\navailability of additional capital to support business growth; and the inability of Alliance to develop and maintain effective internal
\ncontrols.<\/span><\/p>\n

\u00a0<\/span><\/p>\n

For investor inquiries, please contact:<\/b><\/p>\n

\u00a0<\/b><\/span><\/p>\n

Dave Gentry<\/p>\n

RedChip Companies, Inc.<\/p>\n

1-800-REDCHIP (733-2447)<\/p>\n

1-407-644-4256<\/p>\n

AENT@redchip.com<\/u><\/p>\n

\u00a0<\/p>\n

<\/p>\n

<\/p>\n

\u00a0<\/span><\/p>\n

ALLIANCE
\nENTERTAINMENT HOLDING CORP.<\/b><\/span><\/p>\n

UNAUDITED
\nCONSOLIDATED STATEMENTS OF OPERATIONS<\/b><\/span><\/p>\n

\u00a0<\/span><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\n\u00a0<\/td>\nThree Months Ended<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\nThree Months Ended<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\nNine Months Ended<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\nNine Months Ended<\/td>\n\u00a0<\/td>\n<\/tr>\n
($ in thousands except share and per share amounts)<\/td>\n\u00a0<\/td>\nMarch 31, 2026<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\nMarch 31, 2025<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\nMarch 31, 2026<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\nMarch 31, 2025<\/td>\n\u00a0<\/td>\n<\/tr>\n
Net Revenues<\/td>\n\u00a0<\/td>\n$<\/td>\n258,201<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n213,045<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n880,886<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n835,707<\/td>\n\u00a0<\/td>\n<\/tr>\n
Cost of Revenues (excluding depreciation and amortization)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n225,180<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n183,984<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n763,590<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n738,821<\/td>\n\u00a0<\/td>\n<\/tr>\n
Operating Expenses<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Distribution and Fulfillment Expense<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n11,120<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n9,989<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n33,161<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n31,425<\/td>\n\u00a0<\/td>\n<\/tr>\n
Selling, General and Administrative Expense<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n16,878<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n14,187<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n48,545<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n41,092<\/td>\n\u00a0<\/td>\n<\/tr>\n
Depreciation and Amortization<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,392<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,352<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,966<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,865<\/td>\n\u00a0<\/td>\n<\/tr>\n
Transaction Costs<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n313<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n909<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n<\/tr>\n
Insurance Claim Recovery<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(408<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n<\/tr>\n
Restructuring Cost<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n73<\/td>\n\u00a0<\/td>\n<\/tr>\n
Gain on Disposal of Fixed Assets<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(24<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(15<\/td>\n)<\/td>\n<\/tr>\n
Total Operating Expenses<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n29,703<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n25,532<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n86,151<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n76,440<\/td>\n\u00a0<\/td>\n<\/tr>\n
Operating Income<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,318<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,529<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n31,145<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n20,446<\/td>\n\u00a0<\/td>\n<\/tr>\n
Other Expenses<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Interest Expense<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,568<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,435<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n7,369<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n8,101<\/td>\n\u00a0<\/td>\n<\/tr>\n
Change in Fair Value of Warrants<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(884<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1,676<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,428<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n910<\/td>\n\u00a0<\/td>\n<\/tr>\n
Total Other Expenses<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n684<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n759<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n8,797<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n9,011<\/td>\n\u00a0<\/td>\n<\/tr>\n
Income Before Income Tax Expense<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,634<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,770<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n22,348<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n11,435<\/td>\n\u00a0<\/td>\n<\/tr>\n
Income Tax Expense<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n323<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n919<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5,769<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,116<\/td>\n\u00a0<\/td>\n<\/tr>\n
Net Income<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,311<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,851<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n16,579<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n9,319<\/td>\n\u00a0<\/td>\n<\/tr>\n
Net Income per Share \u2013 Basic<\/td>\n\u00a0<\/td>\n$<\/td>\n0.05<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n0.04<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n0.33<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n0.18<\/td>\n\u00a0<\/td>\n<\/tr>\n
Weighted Average Common Shares Outstanding – Basic<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n50,963,322<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n50,957,370<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n50,959,324<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n50,957,370<\/td>\n\u00a0<\/td>\n<\/tr>\n
Net Income per Share \u2013 Diluted<\/td>\n\u00a0<\/td>\n$<\/td>\n0.05<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n0.04<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n0.32<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n0.18<\/td>\n\u00a0<\/td>\n<\/tr>\n
Weighted Average Common Shares Outstanding – Diluted<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n51,028,493<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n50,965,970<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n51,024,496<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n50,965,970<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

\u00a0<\/span><\/p>\n

<\/p>\n

<\/p>\n

\u00a0<\/span><\/p>\n

ALLIANCE
\nENTERTAINMENT HOLDING CORP.<\/b><\/span><\/p>\n

CONSOLIDATED
\nBALANCE SHEETS<\/b><\/span><\/p>\n

\u00a0<\/span><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
($ in thousands except per share amounts)<\/td>\n\u00a0<\/td>\nMarch 31, 2026<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\nJune 30, 2025<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(Unaudited)<\/b><\/span><\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Assets<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Current Assets<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Cash<\/td>\n\u00a0<\/td>\n$<\/td>\n1,237<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,236<\/td>\n\u00a0<\/td>\n<\/tr>\n
Trade Receivables, Net of Allowance for Credit Losses of $799 and $867, respectively<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n92,849<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n95,027<\/td>\n\u00a0<\/td>\n<\/tr>\n
Inventory, Net<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n126,690<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n102,848<\/td>\n\u00a0<\/td>\n<\/tr>\n
Other Current Assets<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n19,200<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n19,021<\/td>\n\u00a0<\/td>\n<\/tr>\n
Total Current Assets<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n239,976<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n218,132<\/td>\n\u00a0<\/td>\n<\/tr>\n
Property and Equipment, Net<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n10,919<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n11,291<\/td>\n\u00a0<\/td>\n<\/tr>\n
Operating Lease Right-of-Use Assets, Net<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n16,875<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n19,214<\/td>\n\u00a0<\/td>\n<\/tr>\n
Goodwill<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n94,081<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n89,116<\/td>\n\u00a0<\/td>\n<\/tr>\n
Intangibles, Net<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n19,397<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n18,475<\/td>\n\u00a0<\/td>\n<\/tr>\n
Other Long-Term Assets<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,644<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n789<\/td>\n\u00a0<\/td>\n<\/tr>\n
Deferred Tax Asset, Net<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4,211<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4,211<\/td>\n\u00a0<\/td>\n<\/tr>\n
Total Assets<\/td>\n\u00a0<\/td>\n$<\/td>\n387,103<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n361,228<\/td>\n\u00a0<\/td>\n<\/tr>\n
Liabilities and Stockholders\u2019 Equity<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Current Liabilities<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Accounts Payable<\/td>\n\u00a0<\/td>\n$<\/td>\n158,453<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n155,300<\/td>\n\u00a0<\/td>\n<\/tr>\n
Accrued Expenses<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n12,660<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n9,548<\/td>\n\u00a0<\/td>\n<\/tr>\n
Current Portion of Operating Lease Obligations<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,314<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,229<\/td>\n\u00a0<\/td>\n<\/tr>\n
Current Portion of Finance Lease Obligations<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,720<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,075<\/td>\n\u00a0<\/td>\n<\/tr>\n
Deferred Consideration<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,300<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n<\/tr>\n
Contingent Liability<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,577<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,577<\/td>\n\u00a0<\/td>\n<\/tr>\n
Total Current Liabilities<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n180,024<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n172,729<\/td>\n\u00a0<\/td>\n<\/tr>\n
Revolving Credit Facility, Net<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n64,330<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n55,268<\/td>\n\u00a0<\/td>\n<\/tr>\n
Finance Lease Obligation, Non- Current<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,931<\/td>\n\u00a0<\/td>\n<\/tr>\n
Operating Lease Obligations, Non-Current<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n15,052<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n17,432<\/td>\n\u00a0<\/td>\n<\/tr>\n
Shareholder Loan (subordinated), Non-Current<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n10,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
Contingent Liability, Non-Current<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5,500<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Acquired Royalty Obligation (Endstate), Non-Current<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n165<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n<\/tr>\n
Warrant Liability<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,075<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n646<\/td>\n\u00a0<\/td>\n<\/tr>\n
Total Liabilities<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n267,153<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n258,006<\/td>\n\u00a0<\/td>\n<\/tr>\n
Commitments and Contingencies (Note 13)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Stockholders\u2019 Equity<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Preferred Stock: Par Value $0.0001 per share, Authorized 1,000,000 shares, Issued and Outstanding and 0 shares as of March 31, 2026, and June 30, 2025<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n<\/tr>\n
Common Stock: Par Value $0.0001 per share, Authorized 550,000,000 shares at March 31, 2026, and at June 30, 2025; Issued and Outstanding 50,974,630 Shares as of March 31, 2026, and 50,957,370 at June 30, 2025, respectively<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5<\/td>\n\u00a0<\/td>\n<\/tr>\n
Paid In Capital<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n48,719<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n48,570<\/td>\n\u00a0<\/td>\n<\/tr>\n
Accumulated Other Comprehensive Loss<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(76<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(76<\/td>\n)<\/td>\n<\/tr>\n
Retained Earnings<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n71,302<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n54,723<\/td>\n\u00a0<\/td>\n<\/tr>\n
Total Stockholders\u2019 Equity<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n119,950<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n103,222<\/td>\n\u00a0<\/td>\n<\/tr>\n
Total Liabilities and Stockholders\u2019 Equity<\/td>\n\u00a0<\/td>\n$<\/td>\n387,103<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n361,228<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

\u00a0<\/span><\/p>\n

<\/p>\n

<\/p>\n

\u00a0<\/span><\/p>\n

ALLIANCE
\nENTERTAINMENT HOLDING CORP.<\/b><\/span><\/p>\n

UNAUDITED
\nCONSOLIDATED STATEMENTS OF CASH FLOWS<\/b><\/span><\/p>\n

\u00a0<\/span><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\n\u00a0<\/td>\nNine Months Ended<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\nNine Months Ended<\/td>\n\u00a0<\/td>\n<\/tr>\n
($ in thousands)<\/td>\n\u00a0<\/td>\nMarch 31, 2026<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\nMarch 31, 2025<\/td>\n\u00a0<\/td>\n<\/tr>\n
Cash Flows from Operating Activities:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Net Income<\/td>\n\u00a0<\/td>\n$<\/td>\n16,579<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n9,319<\/td>\n\u00a0<\/td>\n<\/tr>\n
Adjustments to Reconcile Net Income to<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Net Cash Provided by Operating Activities:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Depreciation of Property and Equipment<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,339<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,280<\/td>\n\u00a0<\/td>\n<\/tr>\n
Amortization of Intangible Assets<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,627<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,585<\/td>\n\u00a0<\/td>\n<\/tr>\n
Amortization of Deferred Financing Costs (Included in Interest Expense)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,053<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,053<\/td>\n\u00a0<\/td>\n<\/tr>\n
Allowance for Credit Losses<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,190<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n780<\/td>\n\u00a0<\/td>\n<\/tr>\n
Change in Fair Value of Warrants<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,428<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n910<\/td>\n\u00a0<\/td>\n<\/tr>\n
Deferred Income Taxes<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(967<\/td>\n)<\/td>\n<\/tr>\n
Non-cash lease expense<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,339<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,157<\/td>\n\u00a0<\/td>\n<\/tr>\n
Stock-based Compensation Expense<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n149<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n<\/tr>\n
Gain on Disposal of Fixed Assets<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(24<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(15<\/td>\n)<\/td>\n<\/tr>\n
Changes in Assets and Liabilities<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Trade Receivables<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n988<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(3,283<\/td>\n)<\/td>\n<\/tr>\n
Inventory<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(23,842<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4,994<\/td>\n\u00a0<\/td>\n<\/tr>\n
Income Taxes Payable<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5,182<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,558<\/td>\n\u00a0<\/td>\n<\/tr>\n
Operating Lease Obligations<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(2,294<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1,004<\/td>\n)<\/td>\n<\/tr>\n
Other Assets<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1,071<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(6,027<\/td>\n)<\/td>\n<\/tr>\n
Accounts Payable<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,153<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n6,368<\/td>\n\u00a0<\/td>\n<\/tr>\n
Accrued Expenses and Contingent Liability<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(2,467<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(3,627<\/td>\n)<\/td>\n<\/tr>\n
Net Cash Provided by Operating Activities<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n7,329<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n16,081<\/td>\n\u00a0<\/td>\n<\/tr>\n
Cash Flows from Investing Activities:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Capital Expenditures<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(974<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(52<\/td>\n)<\/td>\n<\/tr>\n
Cash Paid for Business Acquisition\/Asset Purchase<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1,150<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(7,551<\/td>\n)<\/td>\n<\/tr>\n
Cash Inflow from Asset Disposal<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n30<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n15<\/td>\n\u00a0<\/td>\n<\/tr>\n
Investment in Captive Stock<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n36<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n<\/tr>\n
Net Cash Used in Investing Activities<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(2,058<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(7,588<\/td>\n)<\/td>\n<\/tr>\n
Cash Flows from Financing Activities:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Payments on Financing Leases<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(2,279<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(2,116<\/td>\n)<\/td>\n<\/tr>\n
Payments on Revolving Credit Facility<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(882,067<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(778,620<\/td>\n)<\/td>\n<\/tr>\n
Borrowings on Revolving Credit Facility<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n889,722<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n773,144<\/td>\n\u00a0<\/td>\n<\/tr>\n
Repayments on Shareholder Note (Subordinated), Non-Current<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(10,000<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n<\/tr>\n
Deferred Financing Cost<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(646<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n<\/tr>\n
Net Cash Used in Financing Activities<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(5,270<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(7,592<\/td>\n)<\/td>\n<\/tr>\n
Net Increase in Cash<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n901<\/td>\n\u00a0<\/td>\n<\/tr>\n
Cash, Beginning of the Period<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,236<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,129<\/td>\n\u00a0<\/td>\n<\/tr>\n
Cash, End of the Period<\/td>\n\u00a0<\/td>\n$<\/td>\n1,237<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n2,030<\/td>\n\u00a0<\/td>\n<\/tr>\n
Supplemental disclosure for Cash Flow Information<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Cash Paid for Interest<\/td>\n\u00a0<\/td>\n$<\/td>\n7,300<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n8,089<\/td>\n\u00a0<\/td>\n<\/tr>\n
Cash Paid for Income Taxes<\/td>\n\u00a0<\/td>\n$<\/td>\n2,062<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,675<\/td>\n\u00a0<\/td>\n<\/tr>\n
Supplemental Disclosure for Non-Cash Investing and Financing Activities<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Conversion of Warrants from liability to Equity<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n454<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

\u00a0<\/span><\/p>\n

<\/p>\n

<\/p>\n

\u00a0<\/span><\/p>\n

Non-GAAP
\nFinancial Measures:<\/b> For the three months ended March 31, 2026, we had non-GAAP Adjusted EBITDA of approximately $5.1 million compared
\nwith Adjusted EBITDA of approximately $4.9 million in the prior year period, or a year-over-year improvement of $0.2 million. For the
\nnine months ended March 31, 2026, we had non-GAAP Adjusted EBITDA of approximately $35.7 million compared with Adjusted EBITDA of approximately
\n$24.4 million in the prior year period, or a year-over-year improvement of $11.3 million. We define Adjusted EBITDA as net income (loss)
\nadjusted to exclude: (i) income tax expense; (ii) interest expense; (iii) depreciation and amortization; (iv) changes in the fair value
\nof warrant liabilities; and (v) other non-recurring or non-cash items, including transaction costs and stock-based compensation. Our
\nmethod of calculating Adjusted EBITDA may differ from other companies and accordingly, this measure may not be comparable to measures
\nused by other companies. We use Adjusted EBITDA to evaluate our own operating performance and as an integral part of our planning process.
\nWe present Adjusted EBITDA as a supplemental measure because we believe such a measure is useful to investors as a reasonable indicator
\nof operating performance. We believe this measure is a financial metric used by many investors to compare companies. This measure is
\nnot a recognized measure of financial performance under GAAP in the United States and should not be considered as a substitute for operating
\nearnings (losses), net earnings (loss) from continuing operations or cash flows from operating activities, as determined in accordance
\nwith GAAP. See the table below for a reconciliation, for the periods presented, of our GAAP net income (loss) to Adjusted EBITDA.<\/span><\/p>\n

\u00a0<\/span><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\n\u00a0<\/td>\nThree Months
Ended<\/td>\n		\u00a0<\/td>\n\u00a0<\/td>\nThree Months
Ended<\/td>\n		\u00a0<\/td>\n<\/tr>\n
($ in thousands)<\/td>\n\u00a0<\/td>\nMarch 31, 2026<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\nMarch 31, 2025<\/td>\n\u00a0<\/td>\n<\/tr>\n
Net Income<\/td>\n\u00a0<\/td>\n$<\/td>\n2,311<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,851<\/td>\n\u00a0<\/td>\n<\/tr>\n
Add back:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Interest Expense<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,568<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,435<\/td>\n\u00a0<\/td>\n<\/tr>\n
Income Tax Expense<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n323<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n919<\/td>\n\u00a0<\/td>\n<\/tr>\n
Depreciation and Amortization Expense<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,392<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,352<\/td>\n\u00a0<\/td>\n<\/tr>\n
EBITDA<\/td>\n\u00a0<\/td>\n$<\/td>\n5,594<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n6,557<\/td>\n\u00a0<\/td>\n<\/tr>\n
Adjustments<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Stock-based Compensation Expense<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n55<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n<\/tr>\n
Transaction Costs<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n313<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n<\/tr>\n
Change In Fair Value of Warrants<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(884<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1,676<\/td>\n)<\/td>\n<\/tr>\n
Restructuring Cost<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4<\/td>\n\u00a0<\/td>\n<\/tr>\n
Adjusted EBITDA<\/td>\n\u00a0<\/td>\n$<\/td>\n5,078<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n4,885<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

\u00a0<\/span><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\n\u00a0<\/td>\nNine Months
Ended<\/td>\n		\u00a0<\/td>\n\u00a0<\/td>\nNine Months
Ended<\/td>\n		\u00a0<\/td>\n<\/tr>\n
($ in thousands)<\/td>\n\u00a0<\/td>\nMarch 31, 2026<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\nMarch 31, 2025<\/td>\n\u00a0<\/td>\n<\/tr>\n
Net Income<\/td>\n\u00a0<\/td>\n$<\/td>\n16,579<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n9,319<\/td>\n\u00a0<\/td>\n<\/tr>\n
Add back:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Interest Expense<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n7,369<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n8,101<\/td>\n\u00a0<\/td>\n<\/tr>\n
Income Tax Expense<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5,769<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,116<\/td>\n\u00a0<\/td>\n<\/tr>\n
Depreciation and Amortization Expense<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,966<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,865<\/td>\n\u00a0<\/td>\n<\/tr>\n
EBITDA<\/td>\n\u00a0<\/td>\n$<\/td>\n33,683<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n23,401<\/td>\n\u00a0<\/td>\n<\/tr>\n
Adjustments<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Stock-based Compensation Expense<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n149<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n<\/tr>\n
Transaction Costs<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n909<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Change In Fair Value of Warrants<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,428<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n910<\/td>\n\u00a0<\/td>\n<\/tr>\n
Restructuring Cost<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n73<\/td>\n\u00a0<\/td>\n<\/tr>\n
Insurance Claim Recovery<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(408<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n<\/tr>\n
Gain on Disposal of Property and Equipment<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(24<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(15<\/td>\n)<\/td>\n<\/tr>\n
Adjusted EBITDA<\/td>\n\u00a0<\/td>\n$<\/td>\n35,739<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n24,369<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

\u00a0<\/span><\/p>\n

<\/p>\n

<\/p>\n<\/div>\n

<\/p>\n

<\/p>\n

\n

\u00a0<\/p>\n

Exhibit 99.2<\/b><\/p>\n

\u00a0<\/p>\n

\u00a0<\/p>\n

<\/p>\n

<\/p>\n

\u00a0<\/p>\n

\"\"<\/p>\n

\u00a0<\/p>\n

<\/p>\n

<\/p>\n

\u00a0<\/p>\n

\"\"<\/p>\n

\u00a0<\/p>\n

<\/p>\n

<\/p>\n

\u00a0<\/p>\n

\"\"<\/p>\n

\u00a0<\/p>\n

<\/p>\n

<\/p>\n

\u00a0<\/p>\n

\"\"<\/p>\n

\u00a0<\/p>\n

<\/p>\n

<\/p>\n

\u00a0<\/p>\n

\"\"<\/p>\n

\u00a0<\/p>\n

<\/p>\n

<\/p>\n

\u00a0<\/p>\n

\"\"<\/p>\n

\u00a0<\/p>\n

<\/p>\n

<\/p>\n

\u00a0<\/p>\n

\"\"<\/p>\n

\u00a0<\/p>\n

<\/p>\n

<\/p>\n

\u00a0\"\"<\/p>\n

\u00a0<\/p>\n

<\/p>\n

<\/p>\n

\u00a0\"\"<\/p>\n

\u00a0<\/p>\n

<\/p>\n

<\/p>\n

\u00a0\"\"<\/p>\n

\u00a0<\/p>\n

<\/p>\n

<\/p>\n

\u00a0\"\"<\/p>\n

\u00a0<\/p>\n

<\/p>\n

<\/p>\n

\u00a0<\/p>\n

\"\"<\/p>\n

\u00a0<\/p>\n

<\/p>\n

<\/p>\n

\u00a0\"\"<\/p>\n

\u00a0<\/p>\n

<\/p>\n

<\/p>\n

\u00a0<\/p>\n

\"\"<\/p>\n

\u00a0<\/p>\n

<\/p>\n

<\/p>\n

\u00a0\"\"<\/p>\n

\u00a0<\/p>\n

\u00a0<\/p>\n

<\/p>\n

<\/p>\n

\u00a0\"\"<\/p>\n

\u00a0<\/p>\n

<\/p>\n

<\/p>\n

\u00a0<\/p>\n

\"\"<\/p>\n

\u00a0<\/p>\n

<\/p>\n

<\/p>\n

\u00a0<\/p>\n

\"\"<\/p>\n

\u00a0<\/p>\n

<\/p>\n

<\/p>\n

\u00a0\"\"<\/p>\n

\u00a0<\/p>\n

<\/p>\n

<\/p>\n

\u00a0\"\"<\/p>\n

\u00a0<\/p>\n

<\/p>\n

<\/p>\n

\u00a0\"\"<\/p>\n

\u00a0<\/p>\n

<\/p>\n

<\/p>\n

\u00a0\"\"<\/p>\n

\u00a0<\/p>\n

<\/p>\n

<\/p>\n

\u00a0\"\"<\/p>\n

\u00a0<\/p>\n

<\/p>\n

<\/p>\n

\u00a0\"\"<\/p>\n

\u00a0<\/p>\n

<\/p>\n

<\/p>\n

\u00a0\"\"<\/p>\n

\u00a0<\/p>\n

<\/p>\n

<\/p>\n

\u00a0\"\"<\/p>\n

\u00a0<\/p>\n

<\/p>\n

<\/p>\n

\u00a0\"\"<\/p>\n

\u00a0<\/p>\n

<\/p>\n

<\/p>\n

\u00a0<\/p>\n

\"\"<\/p>\n

\u00a0<\/p>\n

<\/p>\n

<\/p>\n

\u00a0\"\"<\/p>\n

\u00a0<\/p>\n

<\/p>\n

<\/p>\n

\u00a0<\/p>\n<\/div>\n

<\/p>\n<\/div>\n

\u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n

\u2018 Some details of this article were extracted from the following source www.stocktitan.net \u2019 <\/em><\/p>\n

\u2018 O artigo anterior foi obtido e traduzido do site internacional da celebrity.land \u2019 Source Link <\/em><\/p>\n\n","protected":false},"excerpt":{"rendered":"

false 0001823584 0001823584 2026-05-14 2026-05-14 0001823584 AENT:ClassCommonStockParValue0.0001PerShareMember 2026-05-14 2026-05-14 0001823584 AENT:RedeemableWarrantsExercisableForSharesOfClassCommonStockAtExercisePriceOf11.50PerShareMember 2026-05-14 2026-05-14 iso4217:USD xbrli:shares iso4217:USD xbrli:shares \u00a0 \u00a0 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 \u00a0 FORM 8-K CURRENT REPORT \u00a0 PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 \u00a0 Date of Report (Date of earliest event […]<\/p>\n","protected":false},"author":2,"featured_media":1745817,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_override_counter":[],"footnotes":""},"categories":[45],"tags":[],"class_list":["post-1745816","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entretenimento"],"_links":{"self":[{"href":"https:\/\/celebrity.land\/pt\/wp-json\/wp\/v2\/posts\/1745816","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/pt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/pt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/pt\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/pt\/wp-json\/wp\/v2\/comments?post=1745816"}],"version-history":[{"count":1,"href":"https:\/\/celebrity.land\/pt\/wp-json\/wp\/v2\/posts\/1745816\/revisions"}],"predecessor-version":[{"id":1745818,"href":"https:\/\/celebrity.land\/pt\/wp-json\/wp\/v2\/posts\/1745816\/revisions\/1745818"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/pt\/wp-json\/wp\/v2\/media\/1745817"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/pt\/wp-json\/wp\/v2\/media?parent=1745816"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/pt\/wp-json\/wp\/v2\/categories?post=1745816"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/pt\/wp-json\/wp\/v2\/tags?post=1745816"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}