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Side-by-side financial comparison of ALLIANCE ENTERTAINMENT HOLDING CORP (AENT) and Perion Network Ltd. (PERI). 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 $368.7M, roughly 1.0× Perion Network Ltd.). ALLIANCE ENTERTAINMENT HOLDING CORP runs the higher net margin — 2.5% vs 2.1%, a 0.5% gap on every dollar of revenue. Perion Network Ltd. produced more free cash flow last quarter ($-2.9M vs $-16.9M). Over the past eight quarters, ALLIANCE ENTERTAINMENT HOLDING CORP's revenue compounded faster (32.1% CAGR vs 16.4%).
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.
Perion Network Ltd. is a publicly traded advertising technology company that provides digital advertising technology solutions to advertisers, agencies, retailers, and publishers. Its core offerings are delivered through Perion One, a unified omnichannel advertising platform designed to support campaign planning, activation, optimisation, and measurement across channels and verticals including connected television (CTV), digital out-of-home (DOOH), display, video advertising, as well as retai...
AENT vs PERI — Head-to-Head
Income Statement — Q2 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $368.7M | $368.7M |
| Net Profit | $9.4M | $7.7M |
| Gross Margin | — | — |
| Operating Margin | 4.7% | 2.0% |
| Net Margin | 2.5% | 2.1% |
| Revenue YoY | -6.3% | — |
| Net Profit YoY | 32.8% | — |
| EPS (diluted) | $0.18 | — |
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.
| Q4 25 | $368.7M | — | ||
| Q3 25 | $254.0M | $368.7M | ||
| Q2 25 | $227.8M | $266.5M | ||
| Q1 25 | $213.0M | $157.8M | ||
| Q4 24 | $393.7M | — | ||
| Q3 24 | $229.0M | $508.9M | ||
| Q2 24 | $236.9M | $323.6M | ||
| Q1 24 | $211.2M | $145.2M |
| Q4 25 | $9.4M | — | ||
| Q3 25 | $4.9M | $7.7M | ||
| Q2 25 | $5.8M | $5.6M | ||
| Q1 25 | $1.9M | $11.8M | ||
| Q4 24 | $7.1M | — | ||
| Q3 24 | $397.0K | $78.0M | ||
| Q2 24 | $2.5M | $45.2M | ||
| Q1 24 | $-3.4M | $23.8M |
| Q4 25 | 4.7% | — | ||
| Q3 25 | 4.2% | 2.0% | ||
| Q2 25 | 4.3% | -1.7% | ||
| Q1 25 | 1.7% | 5.4% | ||
| Q4 24 | 3.8% | — | ||
| Q3 24 | 0.9% | 15.1% | ||
| Q2 24 | 0.2% | 13.7% | ||
| Q1 24 | -0.3% | 16.9% |
| Q4 25 | 2.5% | — | ||
| Q3 25 | 1.9% | 2.1% | ||
| Q2 25 | 2.5% | 2.1% | ||
| Q1 25 | 0.9% | 7.5% | ||
| Q4 24 | 1.8% | — | ||
| Q3 24 | 0.2% | 15.3% | ||
| Q2 24 | 1.1% | 14.0% | ||
| Q1 24 | -1.6% | 16.4% |
| Q4 25 | $0.18 | — | ||
| Q3 25 | $0.10 | — | ||
| Q2 25 | $0.11 | — | ||
| Q1 25 | $0.04 | — | ||
| Q4 24 | $0.14 | — | ||
| Q3 24 | $0.01 | — | ||
| 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 | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $156.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $117.6M | $722.9M |
| Total Assets | $434.1M | $915.5M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | — | $156.2M | ||
| Q2 25 | — | $156.2M | ||
| Q1 25 | — | $156.2M | ||
| Q4 24 | — | — | ||
| Q3 24 | $4.3M | $187.6M | ||
| Q2 24 | $1.1M | $187.6M | ||
| Q1 24 | $1.6M | $187.6M |
| Q4 25 | $117.6M | — | ||
| Q3 25 | $108.1M | $722.9M | ||
| Q2 25 | $103.2M | $722.9M | ||
| Q1 25 | $97.4M | $722.9M | ||
| Q4 24 | $95.6M | — | ||
| Q3 24 | $88.0M | $718.1M | ||
| Q2 24 | $87.6M | $718.1M | ||
| Q1 24 | $85.1M | $718.1M |
| Q4 25 | $434.1M | — | ||
| Q3 25 | $383.0M | $915.5M | ||
| Q2 25 | $361.2M | $915.5M | ||
| Q1 25 | $349.4M | $915.5M | ||
| Q4 24 | $401.7M | — | ||
| Q3 24 | $395.7M | $1.1B | ||
| Q2 24 | $340.8M | $1.1B | ||
| Q1 24 | $324.0M | $1.1B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-16.5M | $2.6M |
| Free Cash FlowOCF − Capex | $-16.9M | $-2.9M |
| FCF MarginFCF / Revenue | -4.6% | -0.8% |
| Capex IntensityCapex / Revenue | 0.1% | 1.5% |
| Cash ConversionOCF / Net Profit | -1.76× | 0.34× |
| TTM Free Cash FlowTrailing 4 quarters | $-1.4M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-16.5M | — | ||
| Q3 25 | $2.7M | $2.6M | ||
| Q2 25 | $10.7M | — | ||
| Q1 25 | $2.5M | — | ||
| Q4 24 | $25.3M | — | ||
| Q3 24 | $-11.6M | $105.2M | ||
| Q2 24 | $9.7M | — | ||
| Q1 24 | $20.0M | $17.8M |
| Q4 25 | $-16.9M | — | ||
| Q3 25 | $2.4M | $-2.9M | ||
| Q2 25 | $10.7M | — | ||
| Q1 25 | $2.4M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $-11.6M | $104.7M | ||
| Q2 24 | — | — | ||
| Q1 24 | $20.0M | $17.6M |
| Q4 25 | -4.6% | — | ||
| Q3 25 | 0.9% | -0.8% | ||
| Q2 25 | 4.7% | — | ||
| Q1 25 | 1.1% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -5.1% | 20.6% | ||
| Q2 24 | — | — | ||
| Q1 24 | 9.4% | 12.2% |
| Q4 25 | 0.1% | — | ||
| Q3 25 | 0.1% | 1.5% | ||
| Q2 25 | 0.0% | — | ||
| Q1 25 | 0.0% | — | ||
| Q4 24 | 0.0% | — | ||
| Q3 24 | 0.0% | 0.1% | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.0% | 0.1% |
| Q4 25 | -1.76× | — | ||
| Q3 25 | 0.56× | 0.34× | ||
| Q2 25 | 1.86× | — | ||
| Q1 25 | 1.33× | — | ||
| Q4 24 | 3.57× | — | ||
| Q3 24 | -29.31× | 1.35× | ||
| Q2 24 | 3.85× | — | ||
| Q1 24 | — | 0.75× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AENT
Segment breakdown not available.
PERI
| Advertising Solutions | $231.4M | 63% |
| Search Advertising | $137.3M | 37% |
