Funtastic swings to H1 loss

Toy distributor declines to pay interim dividend as writedowns weigh on profit.

Funtastic (FUN) expects a return to growth in the second half of 2014 despite after swinging to a first-half loss due largely to a significant writedown on one of its brands.

In the six months to January 31, Funtastic posted a net loss of $25.88 million, after posting a $9.27m profit in the previously corresponding period.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles