Tencent Music Entertainment (TME) Accumulated Expenses (2017 - 2018)
Tencent Music Entertainment (TME) posted Accumulated Expenses of $396.6 million for Q4 2018, up 99.99% sequentially from $198.3 million in Q4 2017, and up 99.99% YoY from $198.3 million in Q4 2017.
Analysis
Tencent Music Entertainment (TME) Accumulated Expenses (2017 - 2018) Analysis & Trends
Tencent Music Entertainment has reported Accumulated Expenses for 2 years, with the latest figure at $396.6 million in Q4 2018.
- Quarterly Accumulated Expenses rose 99.99% year-over-year to $396.6 million in Q4 2018, while the trailing twelve-month figure through Dec 2018 was $396.6 million (up 99.99% YoY) and the FY2018 annual result came in at $399.0 million, up 101.21% from the prior year.
- Accumulated Expenses rose to $396.6 million in Q4 2018 per TME's latest filing, from $198.3 million in the prior quarter.
- Over five years, Accumulated Expenses peaked at $396.6 million in Q4 2018 and troughed at $198.3 million in Q4 2017.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn |
| 10 | Snap | 9.26 Bn | 6.60 Bn | 931.11 Mn |