Funtastic Limited expects an EBITDA loss for the full year between $5.5 million and $6 million, before accounting for additional inventory write-down mostly for Leapfrog of between $1 million to $1.5 million and an impairment charge between $1.5 million and $2 million is expected. In recognition of the reduced revenues and margins, management has now implemented a program of operational restructuring that will deliver between $5 million to $7 million per annum of operational cost reductions from the start of the year 2017 financial year.