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FUNTASTIC LIMITED (FUN)

FUNTASTIC LIMITED (FUN)

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General Information
Company Name: Funtastic Limited
Stock Code: FUN
Website: www.funtastic.com.au
GICS Sub-Industry: Specialty Stores
Market Cap ($M): 64
Equiv. Shares (M): 368

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
$ 0.175 $ 0.000 $ 0.000 $ 0.000 $ 0.175 0 0%

Current Broker Consensus Recommendation more
Recommendation: Hold
Recommendation Date: 19th Dec 2008
12 Month Target Price (average): $0
Brokers Surveyed: 1

Company Overview

Business Description:
Funtastic Limited (FUN) is a wholesaler and distributor of consumer branded lifestyle merchandise with products spanning all aspects of family life. The range of products includes children's toys, Lifestyle Merchandise, DVD and entertainment.

Strategy Analysis:
Since listing, FUN has grown organically through an increased number of new licensing relationships with major trademark and brand owners in its six divisions, as well as through the acquisition of complementary distributors. FUN is an increasingly dominant manager of children's brands in Australia. It is also looking to license proprietary product offshore. An example is FUN's patented baby stroller. It is critical FUN continues to provide customers, include the large department store retailers, with a compelling value proposition to ensure they do not source directly from licensors.


Financial Summary
Year to Jul NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2011  A -22.0 -6.5 -- 0.0 0.0 0.0 --
2010  A -3.6 -1.1 -- 0.0 0.0 0.0 --
2009  A -37.8 -16.3 -303.8 0.0 0.0 0.0 --
Source: Morningstar analyst estimates.

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap 2009 A 2010 F 2011 F 2009 A 2010 F 2011 F 2009 A 2010 F 2011 F
Cash Converters International (CCV) $230 M 0.0987 0.3264 -0.0209 8.3679 6.3087 6.4430 0.0579 0.0579 0.0579
Funtastic (FUN) $64 M -- -- -- -- -- -- 0.0000 -- --
Super Retail Group (SUL) $1,387 M 0.2878 0.4057 0.2232 18.7235 13.3195 10.8886 0.0364 0.0471 0.0557

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
FUN -- -- 1.80 -- 0.33
Market 1.12 11.1 0.96 2.31 2.55
Sector 0.83 11.4 1.96 1.59 0.66

Directors
Name Position Start Date
Mr Stewart Downs Chief Executive Officer,Managing Director 25 August 2009
Mr Nir Pizmony Executive Director 25 August 2009
Mr Paul Wiegard Executive Director 24 October 2011
Mr Shane Tanner Non-Executive Director 19 March 2009
Mr Stephen Michael Heath Non-Executive Director 18 October 2010
Mr Craig Mathieson Non-Executive Director 25 August 2009
Ms Linda Norquay Non-Executive Director 02 September 2011

Management
Name Position
James Cody Chief Financial Officer,Company Secretary
Adam Kocks General Manager Asia
Garry Mudford General Manager Toys & Sporting
Tim Anderson Joint General Manager - Entertainment

Substantial Shareholders
Holding Name
17,669,119 (5.18%) Citicorp Nominees Pty Limited
48,466,276 (14.21%) Bell Potter Nominees Pty Limited
19,581,904 (5.74%) JP Morgan Nominees Australia Limited
18,246,295 (5.35%) National Nominees Limited
83,605,620 (24.52%) Kooyongkoot Pty Ltd ATF Lauren Mathieson Family Trust and associates

Calendar of Events
Date Event
26 March 2013 Report (Interim)
28 September 2012 Report (Prelim)
28 September 2012 Report (Annual)
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