Alliance Entertainment Reports First Quarter Fiscal Year 2025 Results
Alliance Entertainment (AENT) reported strong Q1 FY2025 results with net revenue of $229 million. Key highlights include increased sales across vinyl (4.8%), CDs (4.0%), physical movies (13.2%), and gaming products (8.6%). Direct-to-Consumer sales grew to 34% of gross revenue, up from 30% year-over-year. The company achieved net income of $0.4 million, a $3.9 million improvement from prior year's loss, while Adjusted EBITDA improved to $3.4 million. Operating expenses decreased significantly, with distribution costs down 23% and SG&A down 9%. The company reduced its revolver debt by 33% to $85 million and decreased inventory levels to $138 million.
Alliance Entertainment (AENT) ha riportato risultati solidi per il primo trimestre dell'anno fiscale 2025, con un fatturato netto di 229 milioni di dollari. I punti salienti includono un aumento delle vendite di vinili (4,8%), CD (4,0%), film fisici (13,2%) e prodotti per il gioco (8,6%). Le vendite dirette al consumatore sono aumentate al 34% del fatturato lordo, in crescita rispetto al 30% dell'anno precedente. L'azienda ha raggiunto un uturo netto di 0,4 milioni di dollari, con un miglioramento di 3,9 milioni di dollari rispetto alla perdita dell'anno precedente, mentre l'EBITDA rettificato è migliorato a 3,4 milioni di dollari. Le spese operative sono diminuite in modo significativo, con i costi di distribuzione in calo del 23% e SG&A in diminuzione del 9%. L'azienda ha ridotto il proprio debito revolving del 33%, portandolo a 85 milioni di dollari e ha abbassato i livelli di inventario a 138 milioni di dollari.
Alliance Entertainment (AENT) informó resultados sólidos para el primer trimestre del año fiscal 2025, con un ingreso neto de 229 millones de dólares. Los aspectos destacados incluyen un aumento en las ventas de vinilos (4.8%), CDs (4.0%), películas físicas (13.2%) y productos de juegos (8.6%). Las ventas directas al consumidor crecieron al 34% de los ingresos brutos, aumentando desde el 30% del año anterior. La compañía logró un ingreso neto de 0.4 millones de dólares, una mejora de 3.9 millones de dólares desde la pérdida del año anterior, mientras que el EBITDA ajustado mejoró a 3.4 millones de dólares. Los gastos operativos disminuyeron significativamente, con los costos de distribución bajando un 23% y SG&A un 9%. La empresa redujo su deuda revolvente en un 33% a 85 millones de dólares y disminuyó los niveles de inventario a 138 millones de dólares.
Alliance Entertainment (AENT)는 2025 회계연도 1분기 강력한 실적을 보고하며 순수익 2억 2900만 달러를 기록했습니다. 주요 하이라이트로는 비닐(4.8%), CD(4.0%), 물리적 영화(13.2%), 게임 제품(8.6%)에서 매출 증가가 포함됩니다. 소비자에게 직접 판매 비율이 총 매출의 34%로 증가하여 작년의 30%에서 상승했습니다. 회사는 순이익 40만 달러를 달성하여 전년도의 손실에서 390만 달러 개선되었으며, 조정된 EBITDA는 340만 달러로 개선되었습니다. 운영 비용은 크게 감소하였으며, 유통 비용은 23% 감소하고 SG&A는 9% 감소했습니다. 또한, 회사는 리볼빙 부채를 33% 줄여 8500만 달러로 낮추고 재고 수준을 1억 3800만 달러로 감소시켰습니다.
Alliance Entertainment (AENT) a annoncé de solides résultats pour le premier trimestre de l'exercice 2025, avec un chiffre d'affaires net de 229 millions de dollars. Les points forts incluent l'augmentation des ventes de vinyles (4,8%), de CD (4,0%), de films physiques (13,2%) et de produits de jeu (8,6%). Les ventes directes aux consommateurs ont augmenté pour atteindre 34% du chiffre d'affaires brut, contre 30% l'année précédente. L'entreprise a réalisé un bénéfice net de 0,4 million de dollars, une amélioration de 3,9 millions de dollars par rapport à la perte de l'année précédente, tandis que l'EBITDA ajusté a été amélioré à 3,4 millions de dollars. Les dépenses d'exploitation ont diminué de manière significative, avec des coûts de distribution en baisse de 23% et SG&A en baisse de 9%. L'entreprise a réduit sa dette revolving de 33% à 85 millions de dollars et a diminué ses niveaux de stock à 138 millions de dollars.
Alliance Entertainment (AENT) berichtete über starke Ergebnisse im ersten Quartal des Geschäftsjahres 2025 mit einem Nettoumsatz von 229 Millionen Dollar. Zu den wichtigsten Höhepunkten gehören gestiegene Verkaufszahlen bei Vinyl (-4,8%), CDs (4,0%), physischen Filmen (13,2%) und Gaming-Produkten (8,6%). Der Direktvertrieb an Endverbraucher stieg auf 34% des Gesamtumsatzes, verglichen mit 30% im Vorjahr. Das Unternehmen erzielte einen Nettogewinn von 0,4 Millionen Dollar, was eine Verbesserung um 3,9 Millionen Dollar im Vergleich zum Verlust des Vorjahres darstellt, während EBITDA bereinigt auf 3,4 Millionen Dollar anstieg. Die Betriebskosten sanken erheblich, wobei die Vertriebskosten um 23% und die SG&A um 9% sanken. Das Unternehmen reduzierte seine revolvierende Verschuldung um 33% auf 85 Millionen Dollar und senkte die Lagerbestände auf 138 Millionen Dollar.
- Net revenue growth across all major product categories
- Direct-to-Consumer sales increased to 34% of gross revenue from 30%
- Net income improved by $3.9M to $0.4M from previous year's loss
- Adjusted EBITDA increased to $3.4M from $1.3M
- Distribution expenses reduced by 23%
- Revolver debt decreased by 33% to $85M
- Inventory levels reduced by $21M year-over-year
- None.
Insights
This earnings report shows significant operational improvements. Net revenue of
The company's strategic shift to higher-margin DTC sales (now
Operational efficiencies drove improved profitability
Strengthened balance sheet including
Higher-margin Direct to Consumer sales increased to
PLANTATION, Fla., Nov. 12, 2024 (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 the first quarter ended September 30, 2024.
First Quarter FY 2025 and Subsequent Highlights
- Net revenue increased to
$229 million in Q1, with year-over-year sales increases in vinyl, up4.8% , compact discs (CDs), up4.0% , physical movie sales, up13.2% , and gaming products, up8.6% , contributing to revenue growth. - Higher-margin Direct-to-Consumer (DTC) sales contributed
34% of Q1 gross revenue, up from30% in the prior year period. - Distribution and fulfillment expense decreased to
$9 million in Q1, down23% from the prior year period, driven by automation initiatives, which remain ongoing, as well as improved efficiencies realized from the May 31, 2024 closing of the Company’s Shakopee, MN facility. - SG&A expense decreased to
$13 million in Q1, down9% from the prior year period. - Operating income improved to
$2 million in Q1, up from an operating loss of$1.6 million in the prior year period, primarily driven by reductions in expenses highlighted above. - Net income was
$0.4 million in Q1, a$3.9 million improvement from the net loss of$3.5 million in the prior year period. - Adjusted EBITDA improved to
$3.4 million , increasing$2.1 million from an Adjusted EBITDA of$1.3 million in Q1 FY24. - Inventory levels were reduced to
$138 million as of September 30, 2024, down from$159 million as of September 30, 2023, as a result of effective inventory management. - Revolver balance reduced by
33% , from$126 million on September 30, 2023, to$85 million as of September 30, 2024, significantly improving liquidity and reducing debt service costs. - Signed an exclusive distribution agreement with Arcade1Up for retail and website fulfillment in North America. In the first quarter of its exclusive agreement with Arcade1Up (Q1 FY25), Alliance generated
$12.6 million revenue, up from$10.2 million in the corresponding year ago period. - Alliance Entertainment’s Distribution Solutions division signed an exclusive partnership with Magenta Light Studios for physical home entertainment releases in the US and Canada, further strengthening the Company’s growing share of exclusive physical media product sales.
- Participated in investor conferences including the ThinkEquity Conference, Wall Street Wonders, and Trickle Research Microcap.
Bruce Ogilvie, Chairman of Alliance Entertainment, commented, “We are pleased to report a strong start to fiscal 2025, reflecting the continued success of our strategic initiatives and the resilience of our core business segments. Steady growth in higher-margin Direct-to-Consumer sales, coupled with increased operational efficiencies, strengthens our foundation for delivering sustained profitability. Our ongoing investments in automation and operational restructuring, including advanced technologies like AutoStore, are driving meaningful cost savings while providing the scalability needed for future growth.
“Looking ahead, we remain focused on leveraging our strengths as a capital-light, low-cost provider with unparalleled industry reach and customer service. Building on our leadership position while addressing emerging opportunities in underpenetrated channels, such as digital video streaming, we are well-positioned to deliver efficient, scalable solutions that create value for our partners and shareholders alike."
Jeff Walker, Chief Executive Officer of Alliance Entertainment, added, “Our Q1 results reflect the success of our ongoing operational strategies, which focus on efficiency and profitability. Higher-margin Direct-to-Consumer sales now represent
“We are particularly proud of our employees and their contributions to the improvements in both our adjusted EBITDA and net income. We achieved our sixth consecutive quarter of positive adjusted EBITDA, which increased to
“We continue to see increasing sales across key product categories, with vinyl and compact disc sales growing
“Our disciplined approach to strengthening our balance sheet remains a cornerstone of our strategy. We reduced revolver debt by
“As we look toward the remainder of fiscal 2025, we remain focused on expanding and diversifying our product offerings while strengthening relationships with our retail partners. By continuing to secure exclusive distribution agreements and leveraging our advanced operational capabilities, we are well-positioned to capture new opportunities across the entertainment landscape.
“Our commitment to disciplined cost management, operational efficiency, and strategic growth initiatives has established a solid foundation for the future. Demand for physical media remains robust, and we anticipate continued strength in these areas as major releases hit the market. With a clear strategy in place, we are confident in our ability to deliver sustained value for our shareholders while continuing to adapt and thrive in a dynamic marketplace,” concluded Walker.
Conference Call
Alliance Entertainment Executive Chairman Bruce Ogilvie and CEO and CFO Jeff Walker will host the conference call, which will be followed by a question-and-answer session. A presentation will accompany the call and can be viewed during the webcast or accessed via the investor relations section of the Company’s website here.
To access the call, please use the following information:
| Date: | Tuesday, November 12, 2024 |
| Time: | 4:30 p.m. Eastern Time, 1:30 p.m. Pacific Time |
| Toll-free dial-in number: | 1-877-407-0784 |
| International dial-in number: | 1-201-689-8560 |
| Conference ID: | 13749818 |
Please call the conference telephone number 5-10 minutes prior to the start time. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact RedChip Companies at 1-407-644-4256.
The conference call will be broadcast live and available for replay at https://viavid.webcasts.com/starthere.jsp?ei=1694666&tp_key=8881080bbe and via the investor relations section of the Company's website here.
A telephone replay of the call will be available approximately three hours after the call concludes and can be accessed through November 19, 2024, using the following information:
| Toll-free replay number: | 1-844-512-2921 |
| International replay number: | 1-412-317-6671 |
| Replay ID: | 13749818 |
About Alliance Entertainment
Alliance Entertainment (NASDAQ: AENT) is a premier distributor of music, movies, toys, collectibles, and consumer electronics. We offer over 325,000 unique in-stock SKU’s, including over 57,300 exclusive compact discs, vinyl LP records, DVDs, Blu-rays, and video games. Complementing our vast media catalog, we also stock a full array of related accessories, toys, and collectibles. With more than thirty-five years of distribution experience, Alliance Entertainment serves customers of every size, providing a robust suite of services to resellers and retailers worldwide. Our efficient processing and essential seller tools noticeably reduce the costs associated with administrating multiple vendor relationships, while helping omni-channel retailers expand their product selection and fulfillment goals. For more information, visit www.aent.com.
Forward Looking Statements
Certain statements included in this Press Release that are not historical facts are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of other financial and performance metrics and projections of market opportunity. These statements are based on various assumptions, whether identified in this Press Release, and on the current expectations of Alliance’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and 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 statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Alliance. These forward-looking statements are subject to a number of risks and uncertainties, including risks relating to the anticipated growth rates and market opportunities; changes in applicable laws or regulations; the ability of Alliance to execute its business model, including market acceptance of its systems and related services; Alliance’s reliance on a concentration of suppliers for its products and services; increases in Alliance’s costs, disruption of supply, or shortage of products and materials; Alliance’s dependence on a concentration of customers, and failure to add new customers or expand sales to Alliance’s existing customers; increased Alliance inventory and risk of obsolescence; Alliance’s significant amount of indebtedness; our ability to refinance our existing indebtedness; our ability to continue as a going concern absent access to sources of liquidity; risks and failure by Alliance to meet the covenant requirements of its revolving credit facility, including a fixed charge coverage ratio; risks that a breach of the revolving credit facility, including Alliance’s recent breach of the covenant requirements, could result in the lender declaring a default and that the full outstanding amount under the revolving credit facility could be immediately due in full, which would have severe adverse consequences for the Company; known or future litigation and regulatory enforcement risks, including the diversion of time and attention and the additional costs and demands on Alliance’s resources; Alliance’s business being adversely affected by increased inflation, higher interest rates and other adverse economic, business, and/or competitive factors; geopolitical risk and changes in applicable laws or regulations; risk that the COVID-19 pandemic, and local, state, and federal responses to addressing the pandemic may have an adverse effect on our business operations, as well as our financial condition and results of operations; substantial regulations, which are evolving, and unfavorable changes or failure by Alliance to comply with these regulations; product liability claims, which could harm Alliance’s financial condition and liquidity if Alliance is not able to successfully defend or insure against such claims; availability of additional capital to support business growth; and the inability of Alliance to develop and maintain effective internal controls.
For investor inquiries, please contact:
Dave Gentry
RedChip Companies, Inc.
1-407-644-4256
AENT@redchip.com
| ALLIANCE ENTERTAINMENT HOLDING CORP. UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS | ||||||||
| Three Months Ended | Three Months Ended | |||||||
| ($ in thousands except share and per share amounts) | September 30, 2024 | September 30, 2023 | ||||||
| Net Revenues | $ | 228,990 | $ | 226,755 | ||||
| Cost of Revenues (excluding depreciation and amortization) | 203,455 | 200,501 | ||||||
| Operating Expenses | ||||||||
| Distribution and Fulfillment Expense | 9,018 | 11,714 | ||||||
| Selling, General and Administrative Expense | 13,145 | 14,439 | ||||||
| Depreciation and Amortization | 1,258 | 1,641 | ||||||
| Restructuring Cost | 50 | 47 | ||||||
| Gain on Disposal of Fixed Assets | (15 | ) | — | |||||
| Total Operating Expenses | 23,456 | 27,841 | ||||||
| Operating Income (Loss) | 2,079 | (1,587 | ) | |||||
| Other Expenses | ||||||||
| Interest Expense, Net | 2,839 | 3,140 | ||||||
| Total Other Expenses | 2,839 | 3,140 | ||||||
| Loss Before Income Tax Benefit | (760 | ) | (4,727 | ) | ||||
| Income Tax Benefit | (1,157 | ) | (1,265 | ) | ||||
| Net Income (Loss) | 397 | (3,462 | ) | |||||
| Net Income (Loss) per Share – Basic and Diluted | $ | 0.01 | $ | (0.07 | ) | |||
| Weighted Average Common Shares Outstanding – Basic | 50,957,370 | 50,502,170 | ||||||
| Weighted Average Common Shares Outstanding – Diluted | 50,965,970 | 50,502,170 | ||||||
| ALLIANCE ENTERTAINMENT HOLDING CORP. UNAUDITED CONSOLIDATED BALANCE SHEETS | ||||||||||
| ($ in thousands) | September 30, 2024 | June 30, 2024 | ||||||||
| (Unaudited) | ||||||||||
| Assets | ||||||||||
| Current Assets | ||||||||||
| Cash | $ | 4,290 | $ | 1,129 | ||||||
| Trade Receivables, Net | 102,411 | 92,357 | ||||||||
| Inventory, Net | 138,488 | 97,429 | ||||||||
| Other Current Assets | 6,451 | 5,298 | ||||||||
| Total Current Assets | 251,640 | 196,213 | ||||||||
| Property and Equipment, Net | 12,526 | 12,942 | ||||||||
| Operating Lease Right-of-Use Assets | 21,374 | 22,124 | ||||||||
| Goodwill | 89,116 | 89,116 | ||||||||
| Intangibles, Net | 12,549 | 13,381 | ||||||||
| Other Long-Term Assets | 955 | 503 | ||||||||
| Deferred Tax Asset, Net | 7,500 | 6,533 | ||||||||
| Total Assets | $ | 395,660 | $ | 340,812 | ||||||
| Liabilities and Stockholders’ Equity | ||||||||||
| Current Liabilities | ||||||||||
| Accounts Payable | $ | 176,253 | $ | 133,221 | ||||||
| Accrued Expenses | 6,091 | 9,371 | ||||||||
| Current Portion of Operating Lease Obligations | 2,192 | 1,979 | ||||||||
| Current Portion of Finance Lease Obligations | 2,892 | 2,838 | ||||||||
| Contingent Liability | 511 | 511 | ||||||||
| Total Current Liabilities | 187,939 | 147,920 | ||||||||
| Revolving Credit Facility, Net | 85,423 | 69,587 | ||||||||
| Finance Lease Obligation, Non- Current | 4,270 | 5,016 | ||||||||
| Operating Lease Obligations, Non-Current | 19,714 | 20,413 | ||||||||
| Shareholder Loan (subordinated), Non-Current | 10,000 | 10,000 | ||||||||
| Warrant Liability | 288 | 247 | ||||||||
| Total Liabilities | 307,634 | 253,183 | ||||||||
| Commitments and Contingencies (Note 12) | ||||||||||
| Stockholders’ Equity | ||||||||||
| Preferred Stock: Par Value | — | — | ||||||||
| Common Stock: Par Value | 5 | 5 | ||||||||
| Paid In Capital | 48,058 | 48,058 | ||||||||
| Accumulated Other Comprehensive Loss | (79 | ) | (79 | ) | ||||||
| Retained Earnings | 40,042 | 39,645 | ||||||||
| Total Stockholders’ Equity | 88,026 | 87,629 | ||||||||
| Total Liabilities and Stockholders’ Equity | $ | 395,660 | $ | 340,812 | ||||||
| ALLIANCE ENTERTAINMENT HOLDING CORP. UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS | ||||||||
| Three Months Ended | Three Months Ended | |||||||
| ($ in thousands) | September 30, 2024 | September 30, 2023 | ||||||
| Cash Flows from Operating Activities: | ||||||||
| Net Loss | $ | 397 | $ | (3,462 | ) | |||
| Adjustments to Reconcile Net Loss to | ||||||||
| Net Cash Used in Operating Activities: | ||||||||
| Depreciation of Property and Equipment | 426 | 590 | ||||||
| Amortization of Intangible Assets | 832 | 1,051 | ||||||
| Amortization of Deferred Financing Costs (Included in Interest) | 351 | 42 | ||||||
| Bad Debt Expense | 302 | 87 | ||||||
| Deferred Income Taxes | (967 | ) | — | |||||
| Stock-based Compensation Expense | — | 1,328 | ||||||
| Gain on Disposal of Fixed Assets | (15 | ) | — | |||||
| Changes in Assets and Liabilities, Net of Acquisitions | ||||||||
| Trade Receivables | (10,341 | ) | 11,348 | |||||
| Inventory | (41,060 | ) | (12,669 | ) | ||||
| Income Taxes Payable\Receivable | (424 | ) | (1,233 | ) | ||||
| Operating Lease Right-of-Use Assets | 750 | 884 | ||||||
| Operating Lease Obligations | (486 | ) | (971 | ) | ||||
| Other Assets | (1,176 | ) | 1,142 | |||||
| Accounts Payable | 43,032 | 3,123 | ||||||
| Accrued Expenses | (3,243 | ) | (3,999 | ) | ||||
| Net Cash Used in Operating Activities | (11,622 | ) | (2,739 | ) | ||||
| Cash Flows from Investing Activities: | ||||||||
| Capital Expenditures | (10 | ) | — | |||||
| Net Cash Provided by Investing Activities | (10 | ) | — | |||||
| Cash Flows from Financing Activities: | ||||||||
| Payments on Revolving Credit Facility | (201,660 | ) | (260,259 | ) | ||||
| Borrowings on Revolving Credit Facility | 217,144 | 252,621 | ||||||
| Proceeds from Shareholder Note (Subordinated), Current | — | 46,000 | ||||||
| Payments on Shareholder Note (Subordinated), Current | — | (36,000 | ) | |||||
| Issuance of common stock, net of transaction costs | — | 1,332 | ||||||
| Payments on Financing Leases | (691 | ) | (595 | ) | ||||
| Net Cash Provided by Financing Activities | 14,793 | 3,099 | ||||||
| Net Increase in Cash | 3,161 | 360 | ||||||
| Net Effect of Currency Translation on Cash | — | — | ||||||
| Cash, Beginning of the Period | 1,129 | 865 | ||||||
| Cash, End of the Period | $ | 4,290 | $ | 1,225 | ||||
| Supplemental disclosure for Cash Flow Information | ||||||||
| Cash Paid for Interest | $ | 2,975 | $ | 3,140 | ||||
| Cash Paid for Income Taxes | $ | 234 | $ | 44 | ||||
| Supplemental Disclosure for Non-Cash Investing Activities | ||||||||
| Fixed Asset Financed with Debt | $ | 7,161 | $ | — | ||||
Non-GAAP Financial Measures: We define Adjusted EBITDA as net income or loss adjusted to exclude: (i) income tax expense; (ii) other income (loss); (iii) interest expense; and (iv) depreciation and amortization expense and (v) other infrequent, non- recurring expenses. Our method of calculating Adjusted EBITDA may differ from other issuers and accordingly, this measure may not be comparable to measures used by other issuers. We use Adjusted EBITDA to evaluate our own operating performance and as an integral part of our planning process. We present Adjusted EBITDA as a supplemental measure because we believe such a measure is useful to investors as a reasonable indicator of operating performance. We believe this measure is a financial metric used by many investors to compare companies. This measure is not a recognized measure of financial performance under GAAP in the United States and should not be considered as a substitute for operating earnings (losses), net earnings (loss) from continuing operations or cash flows from operating activities, as determined in accordance with GAAP. See the table below for a reconciliation, for the periods presented, of our GAAP net income (loss) to Adjusted EBITDA.
| Three Months Ended | Three Months Ended | ||||||
| ($ in thousands) | September 30, 2024 | September 30, 2023 | |||||
| Net Income (Loss) | $ | 397 | $ | (3,462 | ) | ||
| Add back: | |||||||
| Interest Expense | 2,839 | 3,140 | |||||
| Income Tax Benefit | (1,157 | ) | (1,265 | ) | |||
| Depreciation and Amortization | 1,258 | 1,641 | |||||
| EBITDA | $ | 3,337 | $ | 54 | |||
| Adjustments | |||||||
| Stock-based Compensation Expense | - | 1,328 | |||||
| Change In Fair Value of Warrants | 41 | (124 | ) | ||||
| Restructuring Cost | 50 | 47 | |||||
| Loss on Disposal of Property and Equipment | (15 | ) | - | ||||
| Adjusted EBITDA | $ | 3,413 | $ | 1,305 | |||
FAQ
What was Alliance Entertainment's (AENT) revenue in Q1 FY2025?
How much did AENT's Direct-to-Consumer sales grow in Q1 FY2025?
What was AENT's net income for Q1 FY2025?
How much did AENT reduce its revolver debt in Q1 FY2025?
