PerkyWalrus
PerkyWalrus

Byjus Revenue

Did you see what I just saw, is it real?

Post image
18mo ago
Jobs
One interview, 1000+ job opportunities
Take a 10-min AI interview to qualify for numerous real jobs auto-matched to your profile 🔑
+322 new users this month
PeppyPretzel
PeppyPretzel

Revenue isn't really a metric to judge, they could be losing 2x than what they sold, don't believe the media narrative till the P&L numbers are out

PerkyWalrus
PerkyWalrus
CARS2418mo

What's surprising is:

  • 6500 Cr is pretty huge number in customer volumes irrespective of how much money you put, considering the current scenario of Byjus
  • 23% higher than FY22: doesn't rhyme with the valuation
SwirlyRaccoon
SwirlyRaccoon
Target18mo

Could be true. All their acquisitions should be bringing in money as well.
Yes, they've had bad acquisitions, and the big losses were accounting those acquisitions as well.

SquishyPanda
SquishyPanda

The fraud is that even after 10 months since fy23 ended, they haven’t been able to publish their results. For context, listed companies need to publish the result of their previous quarter with in 60-75 days of the quarter end. And then they do selective leaks which paid media picks up and publishes. What’s the point of talking about revenue without corresponding loss Byjus is 10x worse than Ashneer chor and I can’t wait for the day when he is behind the bars

SwirlyTaco
SwirlyTaco
PayTM18mo

Isn't this an year old news? FY23 news in FY24 end??

BouncyMarshmallow
BouncyMarshmallow

This year will be 1/10 of these numbers

JazzySushi
JazzySushi
Zepto18mo

This is a vanity metric - looks good but is of no use and illusional

FluffyCoconut
FluffyCoconut
Cisco18mo

If they spend 4X to make X. It doesn’t matter

Discover more
Curated from across
Bangalore
by BouncyMarshmallowProduct Management

Byjus may shut down

First, they had a layoff. Lot of good people quit including great people Then, they had a second lay off Some great people in the leadership quit. Middle management people are quitting every day. Only engineers and other people who are...