ALLIANCE ENTERTAINMENT HOLDING CORP financial statements

Income statement, balance sheet and cash flow statement for the last 7 fiscal years, taken from the XBRL data ALLIANCE ENTERTAINMENT HOLDING CORP files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2021	FY2023	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue		1,417		1,159	1,100	1,063	1,149
Cost of revenue		1,235		8.3	1	0	997
Gross profit		182		1,150	1,099	1,063	152
Selling, general and administrative		58.1		59.1	57.7	56	66.2
Selling and marketing					27.2	26.9	35.4
Operating expenses		140		137	115	103	125
Operating income	-0.98	42.1	-2.61	-32.7	14.1	30.1	27.2
Interest expense		4.06		11.4	11.2	7.2	4.9
Interest income	0.01		1.65
Other non-operating income	4.22	-4.06	5.82	-11.7	-12.3	-11.4	-8.41
Pre-tax income	3.24	38	3.21	-44.5	1.85	18.7	18.8
Income tax		9.42	0.26	-9.06	-2.73	3.63	5.76
Net income	3.24	28.6	2.94	-35.4	4.58	15.1	13.1
EBITDA		45.2		-30.5	16	32	29
EPS, basic		0.60		-0.74	0.09	0.30	0.26
EPS, diluted		0.60		-0.74	0.09	0.30	0.26
Shares, basic (weighted)		47.5		48.1	50.8	51	51
Shares, diluted (weighted)		47.5		48.1	50.8	51	51.1

Balance sheet

	FY2021	FY2023	FY2022	FY2023	FY2024	FY2025	FY2026
Cash and equivalents	0.72	1.47	0.02	0.87	1.13	1.24	0.81
Receivables		98.7		105	92.4	95	111
Inventory		249		147	97.4	103	127
Other current assets	0.2	9.13	0	8.3	5.3	19	9.84
Total current assets	0.92	359	0.02	261	196	218	248
Property, plant and equipment		3.28		13.4	12.9	11.3	10.6
Lease right-of-use assets		8.36		4.86	22.1	19.2	16.1
Goodwill		79.7		89.1	89.1	89.1	94.1
Intangible assets		18.8		17.4	13.4	18.5	18.5
Other non-current assets		3.75		1.02	0.5	0.79	9.93
Total assets	117	473	118	390	341	361	398
Accounts payable		198		152	133	155	171
Accrued liabilities	0.44	11.6	1.64	9.34	9.37	9.55	8.36
Short-term debt		136		133	73
Total current liabilities	0.44	351	2.41	301	148	173	186
Lease liabilities		4.86		1.52	20.4	17.4	14.2
Total liabilities	5.3	364	3.1	310	253	258	281
Paid-in capital		40		44.5	48.1	48.6	48.9
Retained earnings	-4.37	71.7	-2.41	35.1	39.6	54.7	67.8
Treasury stock		-2.67
Other comprehensive income		-0.07		-0.08	-0.08	-0.08	-0.08
Shareholders' equity	110	109	92.5	79.5	87.6	103	117
Total equity	110	109	92.5	79.5	87.6	103	117
Total liabilities and equity	117	473	118	390	341	361	398
Shares outstanding		47.5		49.2	51	51	51

Cash flow statement

	FY2021	FY2023	FY2022	FY2023	FY2024	FY2025	FY2026
Net income	3.24	28.6	2.94	-35.4	4.58	15.1	13.1
Depreciation and amortization		3.1		2.2	1.9	1.83	1.79
Stock-based compensation				0.22	1.39	0.06	0.34
Deferred income tax		-1.18		-8.17	-2.73	2.32	4
Change in receivables		12.1		-4.63	11.9	-6.08	-17.5
Change in inventory		-108		99.7	49.3	-4.67	-23.8
Change in payables		-16.1		-69	-18.4	22.1	15.7
Cash from operations	-0.34	-83.6	-1.21	3.39	55.8	26.8	-1.7
Capital expenditures		-0.05		-0.83	-0.18	-0.05	-1.07
Acquisitions				0		-7.6	-1.15
Cash from investing	-116	-0.05		-0.82	-0.12	-8.13	-2.02
Stock issued					2.13
Cash from financing	117	81	0.5	-3.16	-55.4	-18.6	3.3
Exchange rate effect				-0.01	-0	0	-0
Net change in cash	0.62	-2.57	-0.71	-0.59	0.27	0.1	-0.42
Free cash flow		-83.6		2.56	55.6	26.8	-2.77
Interest paid		2.88		11.4	12.2	9.17	7.53
Income taxes paid		9.35		0.65	0.44	1.73	2.45

Key metrics

Worked out from the statements above. Latest values use fiscal 2026. Valuation uses the share price of $4.88 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Gross margin	13.3%	Gross profit / revenue.
Operating margin	2.4%	Operating income / revenue.
EBITDA margin	2.5%	EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin	1.6%	Pre-tax income / revenue.
Net margin	1.1%	Net income / revenue.
FCF margin	-0.2%	Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin	-0.1%	Cash from operations / revenue.
Effective tax rate	30.6%	Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)	11.9%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	3.4%	Net income / average total assets.
Return on invested capital (ROIC)	17.3%	Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
SG&A / revenue	5.8%	Selling, general and administrative expense / revenue.
Stock-based pay / revenue	0.0%	Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue	0.1%	Capital expenditures / revenue.
D&A / revenue	0.2%	Depreciation and amortization / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	8.0%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	-0.3%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit growth, 1y	-85.7%	Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y	-49.0%	Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating income growth, 1y	-9.7%	Operating income vs the same period a year earlier. Only from a positive base.
EBITDA growth, 1y	-9.2%	EBITDA vs the same period a year earlier. Only from a positive base.
Net income growth, 1y	-13.4%	Net income vs the same period a year earlier. Only from a positive base.
EPS growth, 1y	-13.3%	EPS vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y	-106.3%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow growth, 1y	-110.4%	Free cash flow vs the same period a year earlier. Only from a positive base.
Book value growth, 1y	13.0%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	13.6%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y	10.1%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	0.7%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Share count change, 1y	0.1%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	2.0%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Current ratio	1.34x	Current assets / current liabilities.
Quick ratio	0.60x	(Cash + short-term investments + receivables) / current liabilities.
Cash ratio	0.00x	(Cash + short-term investments) / current liabilities.
Liabilities / assets	70.7%	Total liabilities / total assets.
Interest coverage	5.55x	Operating income / interest expense.
Working capital	$62.4M	Current assets - current liabilities.
Goodwill and intangibles / assets	28.3%	(Goodwill + intangible assets) / total assets.
Tangible book value	$4.1M	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	3.03x	Revenue / average total assets.
Fixed asset turnover	105x	Revenue / average property, plant and equipment.
Inventory turnover	8.69x	Cost of revenue / average inventory.
Days inventory	42 days	365 x average inventory / cost of revenue.
Receivables turnover	11.2x	Revenue / average receivables.
Days sales outstanding	33 days	365 x average receivables / revenue.
Days payables	60 days	365 x average accounts payable / cost of revenue.
Cash conversion cycle	15 days	Days inventory + days sales outstanding - days payables.
FCF conversion	-21.2%	Free cash flow / net income, when net income is positive.

Per share

Metric	Value	How it is calculated
EPS, diluted	$0.26	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic	$0.26	Net income per basic share, as reported (split-adjusted).
Revenue per share	$22.51	Revenue / diluted weighted shares.
FCF per share	-$0.05	Free cash flow / diluted weighted shares.
Operating cash flow per share	-$0.03	Cash from operations / diluted weighted shares.
Book value per share	$2.29	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	$0.08	Tangible book value / shares outstanding.
Cash per share	$0.02	(Cash + short-term investments) / shares outstanding.

Valuation

Metric	Value	How it is calculated
Market cap	$248.8M	Share price x shares outstanding.
Enterprise value	$248.0M	Market cap + total debt - cash - short-term investments.
P/E	19.1x	Market cap / net income. Only when net income is positive.
P/S	0.22x	Market cap / revenue.
P/B	2.13x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	61.0x	Market cap / tangible book value, when positive.
EV/Sales	0.22x	Enterprise value / revenue.
EV/EBIT	9.11x	Enterprise value / operating income, when both are positive.
EV/EBITDA	8.55x	Enterprise value / EBITDA, when both are positive.
FCF yield	-1.1%	Free cash flow / market cap.
Earnings yield	5.2%	Net income / market cap (the inverse of P/E).

What was ALLIANCE ENTERTAINMENT HOLDING CORP's revenue in fiscal 2026?

ALLIANCE ENTERTAINMENT HOLDING CORP reported revenue of $1.15B for fiscal 2026, 8% higher than the year before.

Was ALLIANCE ENTERTAINMENT HOLDING CORP profitable in fiscal 2026?

Yes. Net income was $13.1M, a net margin of 1.1%.

How much free cash flow did ALLIANCE ENTERTAINMENT HOLDING CORP generate in fiscal 2026?

Cash from operations of $1.7M minus capital expenditures of $1.1M left free cash flow of -$2.8M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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