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Funtastic Ltd (FUN.AX)

FUN.AX on Australia Stock Exchange

18 Oct 2017
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Latest Key Developments (Source: Significant Developments)

Funtastic says all formal agreements with NAB executed
Tuesday, 19 Sep 2017 08:44pm EDT 

Sept 20 (Reuters) - Funtastic Ltd :All formal agreements with NAB have now been executed with net debt reduced to circa $15m.  Full Article

Funtastic ‍sees FY17 ebitda to be loss of between $4.5 mln to $6.0 mln​
Tuesday, 8 Aug 2017 08:06pm EDT 

Aug 9 (Reuters) - Funtastic Ltd -:‍Funtastic expects fy17 ebitda to be a loss of between $4.5 - 6.0 million​.Co expects to deliver ebitda in range of $2.0 million to 3.5 million in fy18.Company is in process of securing interim funding up to $2m in advance of capital raising.  Full Article

Funtastic expects EBITDA loss for FY between $5.5 mln and $6 mln
Sunday, 31 Jul 2016 08:04pm EDT 

Funtastic Ltd : Expects an EBITDA loss for the full year between $5.5M and $6M . "Was expecting an improved Q4 performance however unforeseen and adverse events have impacted the result significantly" .Implemented program of operational restructuring to between $5M - $7M per annum of operational cost reductions from FY 2017.  Full Article

Funtastic announces share placement and purchase plan
Thursday, 31 Mar 2016 08:15pm EDT 

Funtastic:announces institutional placement and share purchase plan to raise approximately A$3 million.Net proceeds will be used to provide additional funding to continue development and global distribution of brands.  Full Article

BRIEF-Funtastic posts FY loss for the year of $33.5 mln

* FY revenue from ordinary activities from continuing operations $55.7 million, down 37%