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-on-year from $480248.5 in Q2 2021, and down 1032.08% quarter-over-quarter from $3.0 million in Q1 2022.

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.

  • Acquisitions for Q2 2022 came in at -$27.9 million, down 5910.13% year-over-year; the trailing twelve-month figure through Jun 2022 was -$345.0 million (changed N/A YoY), and the FY2021 annual result 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 Nebius 2,430,078.11 Bn 2,430,078.11 Bn 295.20 Mn -170.20 Mn
2 Alphabet 4,448.32 Bn 4,232.70 Bn 102.29 Bn -
3 Meta Platforms 1,465.06 Bn 1,383.88 Bn 46.09 Bn -
4 Spotify Technology 113.19 Bn 102.95 Bn 1.75 Bn -
5 Reddit 33.56 Bn 30.79 Bn 511.94 Mn -
6 Pinterest 12.93 Bn 11.63 Bn 768.96 Mn 446.95 Mn
7 Kanzhun 12.77 Bn 10.67 Bn 255.62 Bn -
8 Match 8.28 Bn 7.26 Bn 653.28 Mn -
9 Snap 7.91 Bn 5.08 Bn 1.29 Bn 39.37 Mn
10 Tencent Music Entertainment - - 514.00 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2022 -27.90 Mn
Mar 31, 2022 2.99 Mn
Jun 30, 2021 -464,267.19
Mar 31, 2021 -319.65 Mn