Believe (XPAR:BLV) Construction In Progress : €0.0 Mil (As of Jun. 2023)

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What is Believe Construction In Progress?

Believe's quarterly construction in progress increased from Jun. 2022 (€0.0 Mil) to Dec. 2022 (€0.1 Mil) but then declined from Dec. 2022 (€0.1 Mil) to Jun. 2023 (€0.0 Mil).

Believe's annual construction in progress declined from Dec. 2020 (€1.7 Mil) to Dec. 2021 (€0.0 Mil) but then increased from Dec. 2021 (€0.0 Mil) to Dec. 2022 (€0.1 Mil).

Believe Construction In Progress Historical Data

The historical data trend for Believe's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Believe Construction In Progress Chart

Believe Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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1.71

0.04

0.06

Believe Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Construction In Progress	Get a 7-Day Free Trial				0.04	-	0.06	-	-

Believe Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Believe (XPAR:BLV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Believe SA (XPAR:BLV) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

8T6:Germany

Address

24 rue Toulouse Lautrec, Paris, FRA, 75017

Website

https://www.believemusic.com

Believe SA specializes in the sale and promotion of audio and video content from artists and independent labels. The Company has identified two operating segments which is Premium Solutions and Automated Solutions. Premium solutions this consists mainly of the sale, promotion and delivery of digital content provided by artists and labels for which the Group is responsible for developing their catalog on digital platforms and social media, as appropriate, using a split revenue model. Automated Solutions whereby the Group enablesartists, via its TuneCore digital platform, to distribute their audio content in an automated manner to streaming and social media platforms in return for a subscription fee or margin. The company generated majority of its revenue from Premium Solutions.

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