Runs a music streaming platform with user-generated content.
Dec 2024Revenue ¥28.4B/yrExpenses ¥19.7B/yr
No trend
Figures by year
Is Tencent Music Entertainment Group profitable?
Yes. In the 12 months to Dec 2024, revenue was ¥28.4B and expenses ¥19.7B.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2024 | ¥28.4B | ¥19.7B | ¥8.71B |
| Dec 2023 | ¥27.8B | ¥21.7B | ¥6.06B |
| Dec 2022 | ¥28.3B | ¥23.9B | ¥4.44B |
| Dec 2021 | ¥31.2B | ¥27.4B | ¥3.80B |
| Dec 2020 | ¥29.2B | ¥24.4B | ¥4.71B |
| Dec 2019 | ¥25.4B | ¥20.8B | ¥4.62B |
| Dec 2018 | ¥19.0B | ¥16.9B | ¥2.04B |
| Dec 2017 | ¥11.0B | ¥9.39B | ¥1.59B |
| Dec 2016 | ¥4.36B | ¥4.26B | ¥103M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.