Tencent Music
TME
#1002
Rank
ยฃ15.43 B
Marketcap
ยฃ8.57
Share price
-5.45%
Change (1 day)
41.04%
Change (1 year)
Categories
Tencent Music Entertainment Group (TME) is joint venture between Tencent and Spotify. The company provides music streaming services for the Chinese market.

Revenue for Tencent Music (TME)

Revenue in 2024 (TTM): ยฃ3.03 Billion

According to Tencent Music's latest financial reports the company's current revenue (TTM ) is ยฃ2.99 Billion. In 2023 the company made a revenue of ยฃ3.07 Billion a decrease over the revenue in the year 2022 that were of ยฃ3.46 Billion. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.

Revenue history for Tencent Music from 2018 to 2024

Annual revenue

Year Revenue Change
2024 (TTM) ยฃ3.03 B-1.16%
2023 ยฃ3.07 B-11.2%
2022 ยฃ3.46 B-3.25%
2021 ยฃ3.57 B14.56%
2020 ยฃ3.12 B11.56%
2019 ยฃ2.79 B25%
2018 ยฃ2.23 B

Revenue for similar companies or competitors

Company Revenue Revenue differencediff. Country
ยฃ0.53 B-82.02%๐Ÿ‡ฎ๐Ÿ‡ฑ Israel