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Deliveroo Expansion Triggers Big Revenue Growth And Losses

PYMNTS

Food delivery company Deliveroo saw huge revenue growth in 2018, but its losses also grew as it expanded and poured money into new areas and ventures in the highly competitive food delivery market. All of the investments in Deliveroo’s business helped to push worldwide sales to £476 million, but the company’s pre-tax losses grew 16.6

Taxes 116
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The Middle Market’s Expense Management Conundrum

PYMNTS

Expense management technology is now a saturated market, particularly for the small business space – which is notoriously difficult to serve, because they are too small for large, enterprise-grade solutions, but too large for consumer-specialized tools. “Some observers will define the market as $10 million in the top line to $1 billion.

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Tesla Powers Past $820 Billion Valuation; EV Trend Shows No Signs Of Slowing

PYMNTS

Nothing like a 700 percent increase over the past year to boost the fortunes of Tesla’s stock – and Founder Elon Musk’s net worth – as continued stock market gains have taken both to new highs. Once Tesla sold its 200,000th EV a few years ago, it was no longer eligible for a $7,500 federal tax credit, but many of its rivals still are.

Trends 195
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The top-performing community banks of 2021

Independent Banker

3-yr average pre-tax ROA. pre-tax ROA: 3.08%. pre-tax ROA: 2.83%. If your definition of a top performer is based on ROA, then the two primary reasons for our level of performance is our leverage and LTD (loan to deposit) ratios. pre-tax ROA: 2.68%. 3-yr average pre-tax ROA. Less than $300 million.

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Ditch The Spreadsheet? For Finance Teams, Maybe Not

PYMNTS

When it comes to technological problem solving, innovators can either build entirely new solutions that overcome the challenges of outdated tools, or they can build solutions directly on those outdated tools to improve performance. The flexibility and ease-of-use of the spreadsheet is its greatest strength.

Tools 181
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Union Budget 2021: Highlights

BankBazaar

However, in case of serious tax-evasion cases (Rs. Affordable housing projects to get a tax holiday for one year. A Unified Securities Market Code to be created, consolidating provisions of the Sebi Act, Depositories Act, and two other laws. No IT filing for people above 75 years who get pension and earn interest from deposits.

Metro 122
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Why Corporates Trip Over All The Moving Parts Of Inter-Company Transactions

PYMNTS

Corporate payments innovation tends to stick with the obvious transactions: payments to suppliers, business partners, employees and the like. Without proper documentation of that transaction, corporations can run afoul of tax regulators and auditors. It’s all about money flowing outside of the corporation. ” How To Fix It.

Company 100