Tencent Music Entertainment (TME) Current Deferred Revenue (2017 - 2024)
Historic Current Deferred Revenue for Tencent Music Entertainment (TME) over the last 8 years, with Q4 2024 value amounting to $431.0 million.
- Tencent Music Entertainment's Current Deferred Revenue rose 873.58% to $431.0 million in Q4 2024 from the same period last year, while for Dec 2024 it was $431.0 million, marking a year-over-year increase of 873.58%. This contributed to the annual value of $430.9 million for FY2024, which is 669.16% up from last year.
- Tencent Music Entertainment's Current Deferred Revenue amounted to $431.0 million in Q4 2024, which was up 873.58% from $396.4 million recorded in Q4 2023.
- Over the past 5 years, Tencent Music Entertainment's Current Deferred Revenue peaked at $431.0 million during Q4 2024, and registered a low of $242.6 million during Q4 2020.
- Over the past 5 years, Tencent Music Entertainment's median Current Deferred Revenue value was $305.1 million (recorded in 2022), while the average stood at $332.4 million.
- As far as peak fluctuations go, Tencent Music Entertainment's Current Deferred Revenue soared by 95.3% in 2020, and later soared by 2991.49% in 2023.
- Quarter analysis of 5 years shows Tencent Music Entertainment's Current Deferred Revenue stood at $242.6 million in 2020, then increased 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 grew by 8.74% to $431.0 million in 2024.
- Its Current Deferred Revenue stands at $431.0 million for Q4 2024, versus $396.4 million for Q4 2023 and $305.1 million for Q4 2022.