Tencent Music Entertainment (TCMEF) Acquisitions (2021 - 2022)
Tencent Music Entertainment recorded quarterly Acquisitions of -$27.9 million in Q2 2022, down 1032.08% quarter-over-quarter from $3.0 million in Q1 2022, and down 5910.13% year-over-year from $480248.5 in Q2 2021.
Tencent Music Entertainment's Acquisitions history runs 2 years deep, the most recent figure standing at -$27.9 million for Q2 2022.
- In Q2 2022, Acquisitions fell 5910.13% year-over-year to -$27.9 million; the TTM figure through Jun 2022 stood at -$345.0 million (changed N/A YoY), while the FY2021 annual figure was -$325.0 million, down 298.88% from the prior year.
- Acquisitions came in at -$27.9 million for Q2 2022 at Tencent Music Entertainment, down from $3.0 million in the prior quarter.
- In the past five years, Acquisitions ranged from a high of $3.0 million in Q1 2022 to a low of -$319.6 million in Q1 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Acquisitions (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,554.43 Bn | 4,338.81 Bn | 102.29 Bn | - |
| 2 | Meta Platforms | 1,602.78 Bn | 1,521.60 Bn | 46.09 Bn | - |
| 3 | Spotify Technology | 119.86 Bn | 109.62 Bn | 1.75 Bn | - |
| 4 | 33.71 Bn | 30.94 Bn | 511.94 Mn | - | |
| 5 | Nebius | 22.38 Bn | 22.38 Bn | 295.20 Mn | 189.70 |
| 6 | 12.76 Bn | 11.46 Bn | 768.96 Mn | 446.95 Mn | |
| 7 | Kanzhun | 12.59 Bn | 10.49 Bn | 255.62 Bn | - |
| 8 | Snap | 9.64 Bn | 6.81 Bn | 1.29 Bn | 39.37 Mn |
| 9 | Match | 8.43 Bn | 7.41 Bn | 653.28 Mn | - |
| 10 | Tencent Music Entertainment | - | - | 514.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2022 | -27.90 Mn |
| Mar 31, 2022 | 2.99 Mn |
| Jun 30, 2021 | -464,267.19 |
| Mar 31, 2021 | -319.65 Mn |