---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-037200"
form_type: "8-K"
ticker: "AENT"
cik: "0001823584"
company_name: "ALLIANCE ENTERTAINMENT HOLDING CORP"
filed_at: "2024-09-20T23:59:59+00:00"
generated_at: "2026-05-31T02:55:23.892306+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Alliance Entertainment swings to FY2024 net income of $4.6M from $35.4M loss; EBITDA turns positive $24.3M

## Summary
- Net revenue $1.10B (down 5% YoY); gross profit $128.9M (+24% YoY), margin 270bps improvement to 11.7%.
- Net income $4.6M vs net loss $35.4M in FY2023; Adjusted EBITDA $24.3M vs -$17.6M, a $41.9M improvement.
- Direct-to-Consumer sales rose to 36% of gross revenue from 31%; inventory reduced to $97M from $147M.
- Revolver balance cut 45% to $73M; new $120M credit facility with White Oak Commercial Finance secured.
- Q4 net income $2.6M vs loss $4.6M; Q4 Adjusted EBITDA $2.1M.

## SEC filing metadata
- accession: 0001493152-24-037200
- form_type: 8-K
- ticker: AENT
- cik: 0001823584
- company_name: ALLIANCE ENTERTAINMENT HOLDING CORP
- filed_at: 2024-09-20T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1823584/000149315224037200/0001493152-24-037200-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1823584/000149315224037200/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-037200
- JSON: https://secwatch.observer/filing/0001493152-24-037200.json
- Plain text: https://secwatch.observer/filing/0001493152-24-037200.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.