Revenue from Tablet is not worth without the content. And, the content are such that the same can be viewed for many attempts for years to come.
What is Byju lacking?
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Proper Revenue Stream
Byju is not able to come up with a proper revenue streas that could fund its operation.Though a billion dollar empire, Byju is unable to give birth to a Cash Cow.
What is Byju lacking?
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Capitalizing Expenses ?!?
Byju is Capitalizing its Expenses.Basically, the company is recording its expenses such as Salary, Office Equipment's as Capital Asset. Thus overstating profit!
BYJU IPO?
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Unicorn IPO in the US ?
Byju was planning on to get listed in the US Market at a valuation of 40 Billion US $Funding weathered on global market. Hence the IPO is stalled for now.