Tencent Music Entertainment (TME) Acquisitions (2021 - 2022)
Tencent Music Entertainment (TME) posted Acquisitions of -$27.9 million for Q2 2022, down 1032.08% sequentially from $3.0 million in Q1 2022, and down 5910.13% YoY from $480248.5 in Q2 2021.
Tencent Music Entertainment (TME) Acquisitions (2021 - 2022) Analysis & Trends
Tencent Music Entertainment has reported Acquisitions for 2 years, with the latest figure at -$27.9 million in Q2 2022.
- Quarterly Acquisitions fell 5910.13% year-over-year to -$27.9 million in Q2 2022, while the trailing twelve-month figure through Jun 2022 was -$345.0 million (changed N/A YoY) and the FY2021 annual result came in at -$325.0 million, down 298.88% from the prior year.
- Acquisitions retreated to -$27.9 million in Q2 2022 per TME's latest filing, from $3.0 million in the prior quarter.
- Over five years, Acquisitions peaked at $3.0 million in Q1 2022 and troughed at -$319.6 million in Q1 2021.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Acquisitions (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,180.31 Bn | 3,751.28 Bn | 73.85 Bn | - |
| 2 | Meta Platforms | 1,533.10 Bn | 1,442.84 Bn | 49.47 Bn | - |
| 3 | Taboola.com | 1,132.11 Bn | 1,131.98 Bn | 139.48 Mn | - |
| 4 | Baidu | 288.53 Bn | 284.04 Bn | 1.88 Mn | - |
| 5 | Spotify Technology | 102.95 Bn | 92.71 Bn | 1.75 Bn | - |
| 6 | Joyy | 77.41 Bn | 76.52 Bn | 205.64 Mn | - |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | - |
| 8 | Nebius | 49.04 Bn | 39.41 Bn | 295.20 Mn | -170.20 Mn |
| 9 | 30.28 Bn | 27.49 Bn | 734.60 Mn | - | |
| 10 | Tencent Music Entertainment | 27.05 Bn | 24.35 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 |