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Side-by-side financial comparison of ALLIANCE ENTERTAINMENT HOLDING CORP (AENT) and BKV Corp (BKV). Click either name above to swap in a different company.

ALLIANCE ENTERTAINMENT HOLDING CORP is the larger business by last-quarter revenue ($368.7M vs $255.9M, roughly 1.4× BKV Corp). BKV Corp runs the higher net margin — 27.5% vs 2.5%, a 25.0% gap on every dollar of revenue.

Alliance Atlantis Communications Inc. was a media company that operated primarily as a specialty service provider in Canada. Primarily based in Toronto, Alliance Atlantis also had offices in Halifax, Los Angeles, London, Dublin, Madrid, Barcelona, Shannon, and Sydney.

BKV Corp is a North American independent energy company focused on sustainable natural gas exploration, production, and distribution, with core operating assets located in the Appalachian Basin. It serves utility, industrial, and commercial customers across the region, and invests in low-carbon technologies including carbon capture to reduce operational emissions.

AENT vs BKV — Head-to-Head

Bigger by revenue
AENT
AENT
1.4× larger
AENT
$368.7M
$255.9M
BKV
Higher net margin
BKV
BKV
25.0% more per $
BKV
27.5%
2.5%
AENT

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
AENT
AENT
BKV
BKV
Revenue
$368.7M
$255.9M
Net Profit
$9.4M
$70.4M
Gross Margin
Operating Margin
4.7%
39.3%
Net Margin
2.5%
27.5%
Revenue YoY
-6.3%
Net Profit YoY
32.8%
EPS (diluted)
$0.18
$0.78

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AENT
AENT
BKV
BKV
Q4 25
$368.7M
$255.9M
Q3 25
$254.0M
$199.8M
Q2 25
$227.8M
$207.1M
Q1 25
$213.0M
$231.0M
Q4 24
$393.7M
Q3 24
$229.0M
$133.5M
Q2 24
$236.9M
Q1 24
$211.2M
Net Profit
AENT
AENT
BKV
BKV
Q4 25
$9.4M
$70.4M
Q3 25
$4.9M
$76.8M
Q2 25
$5.8M
$104.6M
Q1 25
$1.9M
$-78.7M
Q4 24
$7.1M
Q3 24
$397.0K
$12.9M
Q2 24
$2.5M
Q1 24
$-3.4M
Operating Margin
AENT
AENT
BKV
BKV
Q4 25
4.7%
39.3%
Q3 25
4.2%
41.2%
Q2 25
4.3%
62.0%
Q1 25
1.7%
-40.6%
Q4 24
3.8%
Q3 24
0.9%
-15.7%
Q2 24
0.2%
Q1 24
-0.3%
Net Margin
AENT
AENT
BKV
BKV
Q4 25
2.5%
27.5%
Q3 25
1.9%
38.5%
Q2 25
2.5%
50.5%
Q1 25
0.9%
-34.1%
Q4 24
1.8%
Q3 24
0.2%
9.6%
Q2 24
1.1%
Q1 24
-1.6%
EPS (diluted)
AENT
AENT
BKV
BKV
Q4 25
$0.18
$0.78
Q3 25
$0.10
$0.90
Q2 25
$0.11
$1.23
Q1 25
$0.04
$-0.93
Q4 24
$0.14
Q3 24
$0.01
$0.18
Q2 24
$0.05
Q1 24
$-0.07

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AENT
AENT
BKV
BKV
Cash + ST InvestmentsLiquidity on hand
$199.4M
Total DebtLower is stronger
$486.8M
Stockholders' EquityBook value
$117.6M
$2.0B
Total Assets
$434.1M
$3.1B
Debt / EquityLower = less leverage
0.24×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AENT
AENT
BKV
BKV
Q4 25
$199.4M
Q3 25
$83.1M
Q2 25
$21.4M
Q1 25
$15.3M
Q4 24
Q3 24
$4.3M
$31.3M
Q2 24
$1.1M
Q1 24
$1.6M
Total Debt
AENT
AENT
BKV
BKV
Q4 25
$486.8M
Q3 25
$486.6M
Q2 25
$200.0M
Q1 25
$200.0M
Q4 24
Q3 24
$190.0M
Q2 24
Q1 24
Stockholders' Equity
AENT
AENT
BKV
BKV
Q4 25
$117.6M
$2.0B
Q3 25
$108.1M
$1.8B
Q2 25
$103.2M
$1.6B
Q1 25
$97.4M
$1.5B
Q4 24
$95.6M
Q3 24
$88.0M
$1.6B
Q2 24
$87.6M
Q1 24
$85.1M
Total Assets
AENT
AENT
BKV
BKV
Q4 25
$434.1M
$3.1B
Q3 25
$383.0M
$2.9B
Q2 25
$361.2M
$2.3B
Q1 25
$349.4M
$2.3B
Q4 24
$401.7M
Q3 24
$395.7M
$2.3B
Q2 24
$340.8M
Q1 24
$324.0M
Debt / Equity
AENT
AENT
BKV
BKV
Q4 25
0.24×
Q3 25
0.27×
Q2 25
0.13×
Q1 25
0.13×
Q4 24
Q3 24
0.12×
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AENT
AENT
BKV
BKV
Operating Cash FlowLast quarter
$-16.5M
$69.4M
Free Cash FlowOCF − Capex
$-16.9M
FCF MarginFCF / Revenue
-4.6%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
-1.76×
0.99×
TTM Free Cash FlowTrailing 4 quarters
$-1.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AENT
AENT
BKV
BKV
Q4 25
$-16.5M
$69.4M
Q3 25
$2.7M
$74.5M
Q2 25
$10.7M
$76.2M
Q1 25
$2.5M
$22.6M
Q4 24
$25.3M
Q3 24
$-11.6M
Q2 24
$9.7M
Q1 24
$20.0M
Free Cash Flow
AENT
AENT
BKV
BKV
Q4 25
$-16.9M
Q3 25
$2.4M
$-126.9M
Q2 25
$10.7M
Q1 25
$2.4M
Q4 24
Q3 24
$-11.6M
Q2 24
Q1 24
$20.0M
FCF Margin
AENT
AENT
BKV
BKV
Q4 25
-4.6%
Q3 25
0.9%
-63.5%
Q2 25
4.7%
Q1 25
1.1%
Q4 24
Q3 24
-5.1%
Q2 24
Q1 24
9.4%
Capex Intensity
AENT
AENT
BKV
BKV
Q4 25
0.1%
Q3 25
0.1%
100.9%
Q2 25
0.0%
Q1 25
0.0%
Q4 24
0.0%
Q3 24
0.0%
Q2 24
Q1 24
0.0%
Cash Conversion
AENT
AENT
BKV
BKV
Q4 25
-1.76×
0.99×
Q3 25
0.56×
0.97×
Q2 25
1.86×
0.73×
Q1 25
1.33×
Q4 24
3.57×
Q3 24
-29.31×
Q2 24
3.85×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AENT
AENT

Segment breakdown not available.

BKV
BKV

Natural Gas NGL And Oil$249.3M97%
Related Party And Other$4.7M2%
Marketing$2.8M1%

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