Tencent Music Entertainment (TME) Acquisitions (2021 - 2022)
Tencent Music Entertainment's (TME) 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 (TME) 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 | 1,913,603.98 Bn | 1,913,603.98 Bn | 295.20 Mn | -170.20 Mn |
| 2 | Alphabet | 4,425.33 Bn | 4,209.71 Bn | 102.29 Bn | - |
| 3 | Meta Platforms | 1,502.66 Bn | 1,421.48 Bn | 46.09 Bn | - |
| 4 | Spotify Technology | 119.69 Bn | 109.44 Bn | 1.75 Bn | - |
| 5 | 33.22 Bn | 30.45 Bn | 511.94 Mn | - | |
| 6 | 13.64 Bn | 12.34 Bn | 768.96 Mn | 446.95 Mn | |
| 7 | Kanzhun | 13.02 Bn | 10.92 Bn | 255.62 Bn | - |
| 8 | Snap | 9.72 Bn | 6.90 Bn | 1.29 Bn | 39.37 Mn |
| 9 | Zillow | 8.26 Bn | 7.48 Bn | 519.00 Mn | - |
| 10 | Tencent Music Entertainment | 2.62 Bn | 1.40 Bn | 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 |