Tencent Music Entertainment (TCMEF) Change in Acquisitions & Divestments (2021 - 2022)
Tencent Music Entertainment's (TCMEF) quarterly Change in Acquisitions & Divestments came in at -$13.6 million in Q2 2022, up 95.95% year-over-year from -$7.0 million in Q2 2021, and down 23.75% quarter-over-quarter from -$11.0 million in Q1 2022.
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Tencent Music Entertainment (TCMEF) Change in Acquisitions & Divestments (2021 - 2022) Analysis & Trends
Tencent Music Entertainment has disclosed Change in Acquisitions & Divestments across 2 years of filings, most recently posting -$13.6 million for Q2 2022.
- In Q2 2022, Change in Acquisitions & Divestments rose 95.95% year-over-year to -$13.6 million; the TTM figure through Jun 2022 stood at -$734.8 million (changed N/A YoY), while the FY2025 annual figure was $543.0 million, down 67.59% from the prior year.
- Change in Acquisitions & Divestments came in at -$13.6 million for Q2 2022 at Tencent Music Entertainment, down from -$11.0 million in the prior quarter.
- In the past five years, Change in Acquisitions & Divestments ranged from a high of -$11.0 million in Q1 2022 to a low of -$372.7 million in Q1 2021.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Netflix | 320.69 Bn | 311.56 Bn | 6.52 Bn |
| 2 | Spotify Technology | 109.37 Bn | 98.45 Bn | 1.86 Bn |
| 3 | Tencent Music Entertainment | 7.00 Bn | 3.91 Bn | 582.00 Mn |
| 4 | Huya | 469.12 Mn | 108.86 Mn | 37.58 Mn |
| 5 | iQIYI | 405.47 Mn | -65.43 Mn | 152.37 Mn |
| 6 | FuboTV | 315.35 Mn | -137.06 Mn | 399.10 Mn |
| 7 | Kaltura | 217.68 Mn | 186.39 Mn | 34.54 Mn |
| 8 | CuriosityStream | 154.49 Mn | 106.09 Mn | 16.93 Mn |
| 9 | LiveOne | 53.64 Mn | 44.98 Mn | 3.94 Mn |
| 10 | Cineverse | 46.51 Mn | 42.19 Mn | 10.66 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2022 | -13.65 Mn |
| Mar 31, 2022 | -11.03 Mn |
| Jun 30, 2021 | -337.37 Mn |
| Mar 31, 2021 | -372.72 Mn |