Tencent Music Entertainment (TME) Current Deferred Revenue (2017 - 2024)
Tencent Music Entertainment (TME) has disclosed Current Deferred Revenue for 8 consecutive years, with $431.0 million as the latest value for Q4 2024.
- Quarterly Current Deferred Revenue rose 8.74% to $431.0 million in Q4 2024 from the year-ago period, while the trailing twelve-month figure was $431.0 million through Dec 2024, up 8.74% year-over-year, with the annual reading at $431.0 million for FY2024, 8.74% up from the prior year.
- Current Deferred Revenue for Q4 2024 was $431.0 million at Tencent Music Entertainment, up from $396.4 million in the prior quarter.
- The five-year high for Current Deferred Revenue was $431.0 million in Q4 2024, with the low at $242.6 million in Q4 2020.
- Average Current Deferred Revenue over 5 years is $332.4 million, with a median of $305.1 million recorded in 2022.
- The sharpest move saw Current Deferred Revenue grew 0.95% in 2020, then increased 29.91% in 2023.
- Over 5 years, Current Deferred Revenue stood at $242.6 million in 2020, then grew by 18.22% to $286.9 million in 2021, then grew by 6.36% to $305.1 million in 2022, then rose by 29.91% to $396.4 million in 2023, then rose by 8.74% to $431.0 million in 2024.
- According to Business Quant data, Current Deferred Revenue over the past three periods came in at $431.0 million, $396.4 million, and $305.1 million for Q4 2024, Q4 2023, and Q4 2022 respectively.