Alliance Entertainment Holding Corporation (AENT) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day and welcome to iAccess Alpha's BuySide Best Ideas Summer Conference 2024. The next presenting company is Alliance Entertainment. If you would like to ask a question during the webcast, you may do so at any point during the presentation by clicking on the Ask Question button on the left of your screen. Type your question into the box and hit the Send button to submit your questions. I'd now like to turn the floor over to today's host Bruce Ogilvie, Chairman of Alliance Entertainment Holding Corporation. Bruce, over to you. Thank you, operator. My name is Bruce Ogilvie, and yes, thank you for taking the time today. And I'm on the phone today with my partner, Jeff Walker. And what Jeff Walker and I do is we are a distributor of entertainment products consisting of movies, music, video games, toys, collectibles. On the slide, you can see it there on the left-hand side of the screen, These are all the vendors and suppliers that we currently distribute for. We are a stocking distributor of all these entertainment products. If you look on the left-hand side there, these are like what I would call the who's who, the top brands of these major entertainment products that we are a stocking distributor of. We stock over 325,000 SKUs in stock, and being a distributor of these products, content providers and decide there, you have to be fiscally responsible, you have to pay your bills on time, it's not easy to get open with them, and you have to provide good service, no share shifting, which we're able to accommodate and do. Of these 325,000 SKUs that we actually physically stock in our warehouse, we dish these up or sell these to all these online retailers on the right-hand side of the page. These online retailers, what they want to do is they want to be as good as Amazo...