This P&L statement shows the staggering cash burn at failed Australian startup Alphatise

Here’s the profit and loss summary for the high profile Australian ecommerce startup Alphatise, which launched in a blaze of media attention last year and is now in the hands of administrators.

Show it to your CFO to brighten their day.

NOW READ: Inside the collapse of Alphatise, the Australian startup that promised “the world’s best internship” and went bust months later.

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