Alliance Entertainment (AENT) - 2024 Q2 - Quarterly Results

Exhibit 99.1 Alliance Entertainment Reports Fourth Quarter and Fiscal Year 2024 Results Operational ef iciencies and margin improvements drive profitability turnaround Higher-margin DTC sales increased to 36% of gross revenue in FY24 Strengthened balance sheet with 45% reduction in revolver debt and added new $120M credit facility PLANTATION, Fla., September 19, 2024 (GLOBE NEWSWIRE) — Alliance Entertainment Holding Corporation (Nasdaq: AENT), a global distributor and wholesaler specializing in music, movie ...