Tencent Music Entertainment (TCMEF) Acquisitions (2021 - 2022)
Tencent Music Entertainment's (TCMEF) quarterly Acquisitions came in at -$27.9 million in Q2 2022, down 5910.13% year-over-year from $480248.5 in Q2 2021, and down 1032.08% quarter-over-quarter from $3.0 million in Q1 2022.
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Tencent Music Entertainment (TCMEF) Acquisitions (2021 - 2022) Analysis & Trends
Tencent Music Entertainment has disclosed Acquisitions across 2 years of filings, most recently posting -$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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Acquisitions (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 320.80 Bn | 311.67 Bn | 6.52 Bn | - |
| 2 | Spotify Technology | 109.48 Bn | 98.57 Bn | 1.86 Bn | - |
| 3 | Tencent Music Entertainment | 7.00 Bn | 3.91 Bn | 582.00 Mn | - |
| 4 | Huya | 471.23 Mn | 110.97 Mn | 37.58 Mn | - |
| 5 | iQIYI | 404.25 Mn | -66.65 Mn | 152.37 Mn | - |
| 6 | FuboTV | 315.50 Mn | -136.91 Mn | 399.10 Mn | - |
| 7 | Kaltura | 216.95 Mn | 185.65 Mn | 34.54 Mn | - |
| 8 | CuriosityStream | 154.19 Mn | 105.79 Mn | 16.93 Mn | - |
| 9 | LiveOne | 53.37 Mn | 44.71 Mn | 3.94 Mn | - |
| 10 | Cineverse | 46.51 Mn | 42.19 Mn | 10.66 Mn | 1.53 Mn |
Historic Data
Download Data
Historic 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 |