During the fourth quarter of 2020, Communications-Platform-as-a-Service (CPaaS) leader Twilio outperformed expectations amid rising demand for communication software.
According to the research data analyzed and published by ComprarAcciones.com, Among the contributors to its strong performance was an increase of 13,000 users to its active customer base in Q4. During the previous quarter, its active users had increased by 8,000. At the end of 2020, the total number stood at 221,000, up from 179,000 at the end of 2019.
As of March 11, 2021, one share was trading at $377 according to Marketwatch. Over the trailing 12-month period, the share price has surged by 367.87%.
Twilio Revenue Surged by 55% in 2020 to $1.76 Billion, 10 Times the 2015 Total
The company also added $23 million to its Q4 2020 revenue from political activity. It projects an increase of 47% in Q1 2021 revenue to $536 million. Refinitiv analysts estimate a significantly lower figure, at $492.1 million.
Twilio’s revenue has been growing by double digits over the past few years. It rose by 44% in fiscal 2017, 68% in 2018 and 75% in 2019. In the first nine months of 2020, it grew by 51% to $1.21 billion. Full-year 2020 revenue surged by 55% to $1.76 billion, more than 10 times the $167 million recorded five years prior.
However, the company remains unprofitable, with its net loss for fiscal 2020 hitting $491 million, up from $307 million in 2019. Stock-based compensations (SBC) are to blame for a huge part of the loss. In 2020, SBC expenses and related taxes soared by 47% YoY to $389.3 million or 22% of Twilio’s top line. The company is also heavily dependent on stock bonuses. This pushed outstanding shares to 146.7 million by the end of 2020 from 86.1 million in 2016.
Top Tips to Repay Your Student Loan Debt Fast
Do you remember your first student loan payment? It must be a doozy, to say the least. It was also a wake-up call that you just need to make some changes if you want to get out from under the weight of your debt in a few years. These six steps will help you save money on interest payments and pay off your loans faster than ever before. Check below for how to get out of student loan debt tips:
Pay more than the minimum
If you’re like many people, your student loan debt can feel overwhelming. The good news is that there are steps you can take to lessen the burden of repayment. One of them is paying more than the minimum amount due each month.
If you pay more than the minimum amount due, it will help reduce your principal balance faster and lower your monthly payments. In addition, having a lower balance means that less interest will accrue on future payments—which ultimately leads to paying off your student loans sooner!
Look into refinancing
You can also look into refinancing your student loans to lower your monthly payments. This is an excellent option if you have high-interest debt because it allows you to consolidate multiple loans and get a lower interest rate.
The process involves applying for a new loan with one of the major private lenders of student loans or with a bank or credit union (depending on your credit history). Still, there are lots of factors that go into determining whether they’ll approve you. For example, “If refinancing is something you are looking for, consider SoFi” experts.
Put extra money toward your loans
The first thing you can do to pay off your student loan debt quickly is put extra money toward your loans. This is called a lump sum payment, which can be the difference between having debt for years and having it paid off in months.
You should start by paying off the loans with the highest interest rates first. The more you pay on those loans, the more time and money you’ll save in interest payments down the road—which makes repaying those loans even easier!
Another thing you can do to get rid of that debt is to use a student loan calculator (like this one) to see how much faster paying more than just the minimum each month will help you get out from under your student loan burden.
Look for work with student loan repayment benefits
Several jobs offer student loan repayment benefits, including positions such as those in the healthcare, education and public service sectors. In addition to these areas of work, other industries can help you get your student loans paid off faster by letting employers pay a portion or all of your student loan debt. One example is military service, where some branches provide this benefit for their service members.
Enroll in autopay
Setting up autopay is the best way to stay on top of your student loans. This way, you’ll never have to worry about missing a payment and paying late fees. Automating payments also helps reduce the chance of falling behind on your loan(s).
They’re just the beginning, though—it’s important to remember that many other resources can help you make smart choices about repayment. Of course, you should always do research before making any big financial decision, but in this case, it could save you years of financial pain.
What Are the Types of Federal Student Loans?
If you’re a student, there’s a good chance that you need to borrow money in order to pay for your education. You may also be wondering what types of federal student loans are available so that you can make an informed decision about how to fund your college education. Are federal student loans secured or unsecured? Experts like Lantern by SoFi say, “Most federal student loans don’t need a credit check, allowing the student to borrow in their name. An unsecured federal student loan is an attractive option for many borrowers.”
In this article, you will learn about the different types of federal student loans and how they work so that you can make the best choice for your financial situation.
Direct Subsidized Loans
Direct Subsidized Loans are available to students with financial needs. This means they are awarded based on the student’s FAFSA, not their credit history. The federal government pays the interest while you are in school and for six months after you graduate or drop below half-time enrollment.
Suppose your parent(s) have an income below $23,000 and the other requirements are met for “Independent Student Without Dependent Children” status. In that case, you may also be eligible for additional funds under this program.
Direct Unsubsidized Loans
The Unsubsidized Direct Loan is a great choice for students who need more money than the Federal Stafford Loans can provide. This loan may be used to pay tuition and fees at any eligible school, as well as living expenses while you’re studying.
Since the government doesn’t pay interest while you’re in school (as it is with subsidized loans), this can be an excellent option if your degree program requires you to take out many loans throughout your undergraduate career.
Direct PLUS Loans
Direct PLUS Loans are available to parents and graduate and professional students. If you’re a parent borrower, you can borrow up to the full cost of attendance at your child’s school minus other financial aid he or she receives. A credit check isn’t required for this type of loan.
You’ll need to be able to prove that your income is within set limits based on the number of people in your household and where you live, but there are some exceptions depending on circumstances such as disability or if you’re on active duty with the military.
Direct Consolidation Loans
Consolidation loans are a type of federal student loan that allows you to combine all of your eligible federal student loans into one loan. The benefits of doing this include the following:
- A fixed interest rate and payment for the life of the loan (the amount you’ll pay each month is determined by how much money is borrowed).
- No origination fees, which are sometimes charged with other types of federal loans.
- More flexibility in choosing repayment plans, including income-driven and forbearance options, if you get behind on payments or want to pause payments for a short period.
In this article, they’ve covered the types of federal student loans available to students and prospective borrowers. These loans are a great way to finance your college education, but it’s important to note that there are many other options as well.
You may want to consider whether student loan refinancing could help you save money on interest payments or consolidate credit card debt into one lower payment each month. If so, contact its experts today!
Diversification: What it is And Why it is Crucial in Investments
Diversify the portfolio to mitigate the risk related to the market volatility
There are old sayings that are never wrong. For example, “Don’t put all your eggs in one basket” can be a useful guideline for those who want to invest.
In fact, if something happens to the egg basket, you lose everything and, even if you are not a farmer, this bit of wisdom could be very useful and prevent you from risking all your money in one single investment.
In practice, for an investor, this old saying means to diversify the portfolio to mitigate the risk related to the market volatility. That’s why it’s important to comprehend the benefits of diversification in the financial sector, in particular for first-time investors.
As previously stated, diversification allows to reduce risk by allocating money across different financial products and areas. In this way, the investor might be able to minimize potential losses, since each area of investment reacts differently to the same event. Thus, to obtain a diversified portfolio, it’s important to mix different investments which aren’t related to each other. But how it is possible to achieve this result and create a solid portfolio?
Divide your investment
The first thing to know about portfolio diversification, it is the possibility to spread your money among different kinds of financial vehicles. For example, many people decide to invest tax wrappers, such as SIPPs or ISAs. For the latter, you should know that there are many types of Individual Savings Accounts, which serve diverse purposes and allow you to save or invest in different assets, such as stocks, bonds, etc. You can have as many ISAs as you want, but you can only open one type of ISA variant per tax year. And how many ISAs can you pay into in a year? Similarly to the number of each variant you can open in a year, you can only pay into one type of ISA variant in the same tax year. However, you’ll still be able to contribute to the other ISAs variants, but the total sum must not exceed the annual allowance, which is £20,000 for the current tax year (2022/2023).
According to your preferences, needs and risk tolerance, you might consider to invest in an array of assets, by mixing different financial areas which appear to complement one another. For example, many investors choose alternative investments, such as real estate, private equities and commodities. Regardless of the type of financial product, it is recommended not to invest all the money in a single stock, funds or industry. Maybe, another way to mitigate the risk could be to invest in a few companies or in financial funds you are familiar with.
Use the dollar cost averaging
This passive investment strategy might also help investors to diversify their investments. The technique involves to invest the same amount of money in securities at regular intervals over a certain period of time, regardless of the prices. Thus, this strategy may allow the investor to lower the average cost per share and reduce the impact of market volatility. As a matter of fact, deletes the effort usually required to time the market to buy the shares at the best prices.
Choose the assets according to your portfolio and risk tolerance
A diversified portfolio according to your needs should be balanced. That means it’s critical to regularly review your financial portfolio: in addition to monitoring the growth of your investments, you should verify that all of your assets are according to your objectives and life achievements. If you are not an expert in this field, you should consider to seek the help of a financial advisor.
It should not be understated that certain factors, such as attitude toward risk, should also be taken into consideration when it comes to arranging your investments. Perhaps some people are more willing to take risks, and this also could depend on their family background and economic situation, of course. Factors such as liquidity, industry and market trends should also be taken into consideration.
Anyway, study and experience could help you to sharpen your intuition in choosing which investments may be proper for your portfolio.
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