Alliance Entertainment Holding Corporation (NASDAQ:AENT) Q3 2024 Earnings Call Transcript

And so the COKeM legacy computer system is being retired as well here, which is it’s not just the rent of the building and things like that, but retiring a whole separate computer system definitely helps us from IT costs as well as accounting costs, as well as audit costs and compliance costs and all those things to not have to have two legacy operating system. So there is a pretty substantial savings that we’re seeing some of that savings here and the majority of that savings is going to hit fiscal 2025 starting really in the next couple months here.

Operator: Thank you. Ladies and gentlemen

Unidentified Company Representative: That concludes our webcast questions.

Operator: Ladies and gentlemen, we’ve reached the end of the question-and-answer session. And I would now like to turn the call back to Mr. Ogilvie for closing remarks.

Bruce Ogilvie: Thank you, operator. I’d like to thank each of you for joining our financial results conference call today and look forward to continuing to update you on our ongoing progress and growth. If you – we were unable to answer your questions, please reach out to our IR firm, MZ, who would be happy – more than happy to assist with you. Thanks, everybody, today, and thank you for your time. Thank you, operator.

Operator: This concludes today’s conference. Thank you for your participation. You may disconnect your lines at this time.