Cluey Learning

Unprofitable Business: The 1-on-1 tutoring model that Cluey relies on has proven difficult to make profitable, as seen with other similar companies that have failed. This could make Cluey’s business model unsustainable in the long run.

Misleading Market Size: Rohald claimed that the Australian tutoring market was worth $1 billion AUD, but a closer look shows it’s actually around $60 million AUD, making his projections highly exaggerated.

Unstable Financials: The company spends a lot more money than it makes, burning through millions each month despite some increase in revenue. This is a risky business practice and indicates a lack of long-term planning for profitability.

Employee Dissatisfaction: There have been complaints about poor management and low employee satisfaction under Rohald’s leadership, suggesting internal problems within the company.

Cash Burn: Cluey Learning’s spending far exceeds its revenue, and this unsustainable cash burn rate raises concerns about its financial health and future.