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Side-by-side financial comparison of ALLIANCE ENTERTAINMENT HOLDING CORP (AENT) and VIRTUS INVESTMENT PARTNERS, INC. (VRTS). 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 $199.5M, roughly 1.8× VIRTUS INVESTMENT PARTNERS, INC.). VIRTUS INVESTMENT PARTNERS, INC. runs the higher net margin — 3.6% vs 2.5%, a 1.0% gap on every dollar of revenue. On growth, VIRTUS INVESTMENT PARTNERS, INC. posted the faster year-over-year revenue change (-4.1% vs -6.3%). Over the past eight quarters, ALLIANCE ENTERTAINMENT HOLDING CORP's revenue compounded faster (32.1% CAGR vs -5.7%).
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.
VIRTUS INVESTMENT PARTNERS, INC.VRTSEarnings & Financial Report
Virtus Investment Partners, Inc. is an American company which operates as a multi-manager asset management business, comprising a number of individual affiliated managers, each having its own investment process and brand, and the services of unaffiliated sub advisers.
AENT vs VRTS — Head-to-Head
Income Statement — Q2 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $368.7M | $199.5M |
| Net Profit | $9.4M | $7.1M |
| Gross Margin | — | — |
| Operating Margin | 4.7% | 7.7% |
| Net Margin | 2.5% | 3.6% |
| Revenue YoY | -6.3% | -4.1% |
| Net Profit YoY | 32.8% | -78.1% |
| EPS (diluted) | $0.18 | $1.05 |
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.
| Q1 26 | — | $199.5M | ||
| Q4 25 | $368.7M | $208.0M | ||
| Q3 25 | $254.0M | $216.4M | ||
| Q2 25 | $227.8M | $210.5M | ||
| Q1 25 | $213.0M | $217.9M | ||
| Q4 24 | $393.7M | $233.5M | ||
| Q3 24 | $229.0M | $227.0M | ||
| Q2 24 | $236.9M | $224.4M |
| Q1 26 | — | $7.1M | ||
| Q4 25 | $9.4M | $33.9M | ||
| Q3 25 | $4.9M | $31.3M | ||
| Q2 25 | $5.8M | $42.7M | ||
| Q1 25 | $1.9M | $28.1M | ||
| Q4 24 | $7.1M | $39.5M | ||
| Q3 24 | $397.0K | $49.1M | ||
| Q2 24 | $2.5M | $26.0M |
| Q1 26 | — | 7.7% | ||
| Q4 25 | 4.7% | 19.1% | ||
| Q3 25 | 4.2% | 21.7% | ||
| Q2 25 | 4.3% | 21.5% | ||
| Q1 25 | 1.7% | 16.8% | ||
| Q4 24 | 3.8% | 21.7% | ||
| Q3 24 | 0.9% | 24.3% | ||
| Q2 24 | 0.2% | 19.7% |
| Q1 26 | — | 3.6% | ||
| Q4 25 | 2.5% | 16.3% | ||
| Q3 25 | 1.9% | 14.5% | ||
| Q2 25 | 2.5% | 20.3% | ||
| Q1 25 | 0.9% | 12.9% | ||
| Q4 24 | 1.8% | 16.9% | ||
| Q3 24 | 0.2% | 21.6% | ||
| Q2 24 | 1.1% | 11.6% |
| Q1 26 | — | $1.05 | ||
| Q4 25 | $0.18 | $5.15 | ||
| Q3 25 | $0.10 | $4.65 | ||
| Q2 25 | $0.11 | $6.12 | ||
| Q1 25 | $0.04 | $4.05 | ||
| Q4 24 | $0.14 | $4.65 | ||
| Q3 24 | $0.01 | $5.71 | ||
| Q2 24 | $0.05 | $2.43 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $136.6M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $117.6M | $93.6B |
| Total Assets | $434.1M | — |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $136.6M | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $4.3M | — | ||
| Q2 24 | $1.1M | — |
| Q1 26 | — | — | ||
| Q4 25 | — | $390.0M | ||
| Q3 25 | — | $390.6M | ||
| Q2 25 | — | $231.3M | ||
| Q1 25 | — | $231.7M | ||
| Q4 24 | — | $232.1M | ||
| Q3 24 | — | $237.5M | ||
| Q2 24 | — | $247.6M |
| Q1 26 | — | $93.6B | ||
| Q4 25 | $117.6M | $934.0M | ||
| Q3 25 | $108.1M | $918.7M | ||
| Q2 25 | $103.2M | $896.4M | ||
| Q1 25 | $97.4M | $893.7M | ||
| Q4 24 | $95.6M | $897.5M | ||
| Q3 24 | $88.0M | $889.0M | ||
| Q2 24 | $87.6M | $868.7M |
| Q1 26 | — | — | ||
| Q4 25 | $434.1M | $4.3B | ||
| Q3 25 | $383.0M | $3.9B | ||
| Q2 25 | $361.2M | $3.7B | ||
| Q1 25 | $349.4M | $3.7B | ||
| Q4 24 | $401.7M | $4.0B | ||
| Q3 24 | $395.7M | $3.6B | ||
| Q2 24 | $340.8M | $3.6B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.42× | ||
| Q3 25 | — | 0.43× | ||
| Q2 25 | — | 0.26× | ||
| Q1 25 | — | 0.26× | ||
| Q4 24 | — | 0.26× | ||
| Q3 24 | — | 0.27× | ||
| Q2 24 | — | 0.29× |
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 | — |
| Free Cash FlowOCF − Capex | $-16.9M | — |
| FCF MarginFCF / Revenue | -4.6% | — |
| Capex IntensityCapex / Revenue | 0.1% | — |
| Cash ConversionOCF / Net Profit | -1.76× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-1.4M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-16.5M | $-67.2M | ||
| Q3 25 | $2.7M | $108.3M | ||
| Q2 25 | $10.7M | $75.8M | ||
| Q1 25 | $2.5M | $-3.8M | ||
| Q4 24 | $25.3M | $1.8M | ||
| Q3 24 | $-11.6M | $69.1M | ||
| Q2 24 | $9.7M | $70.0M |
| Q1 26 | — | — | ||
| Q4 25 | $-16.9M | $-74.1M | ||
| Q3 25 | $2.4M | $106.9M | ||
| Q2 25 | $10.7M | $74.2M | ||
| Q1 25 | $2.4M | $-6.8M | ||
| Q4 24 | — | $-3.8M | ||
| Q3 24 | $-11.6M | $68.7M | ||
| Q2 24 | — | $68.6M |
| Q1 26 | — | — | ||
| Q4 25 | -4.6% | -35.6% | ||
| Q3 25 | 0.9% | 49.4% | ||
| Q2 25 | 4.7% | 35.2% | ||
| Q1 25 | 1.1% | -3.1% | ||
| Q4 24 | — | -1.6% | ||
| Q3 24 | -5.1% | 30.3% | ||
| Q2 24 | — | 30.6% |
| Q1 26 | — | — | ||
| Q4 25 | 0.1% | 3.3% | ||
| Q3 25 | 0.1% | 0.7% | ||
| Q2 25 | 0.0% | 0.7% | ||
| Q1 25 | 0.0% | 1.4% | ||
| Q4 24 | 0.0% | 2.4% | ||
| Q3 24 | 0.0% | 0.2% | ||
| Q2 24 | — | 0.6% |
| Q1 26 | — | — | ||
| Q4 25 | -1.76× | -1.99× | ||
| Q3 25 | 0.56× | 3.45× | ||
| Q2 25 | 1.86× | 1.77× | ||
| Q1 25 | 1.33× | -0.13× | ||
| Q4 24 | 3.57× | 0.04× | ||
| Q3 24 | -29.31× | 1.41× | ||
| Q2 24 | 3.85× | 2.69× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AENT
Segment breakdown not available.
VRTS
| Investment management fees | $169.1M | 85% |
| Administration and shareholder service fees | $17.3M | 9% |
| Distribution and service fees | $11.6M | 6% |
