Exclusive: Unaudited accounts seen by the Business Post show the financial situation in the Cork-based tech firm that was touted as a unicorn before it entered difficulties
Altada, the troubled Cork-based technology start-up once predicted to be worth more than €1 billion, racked up losses of almost €7 million in the first 10 months of last year, the Business Post has learned.
Unaudited accounts for the tech company, which have been seen by this publication, show Altada spent more than double the amount on wages and salaries than it made in sales in the ten months prior to going into receivership. The ...
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