Funtastic Ltd. provided earnings guidance for the first six months ended January 2012. Revenue for the first half is expected to be in the region of AUD 84 million, approximately 15% lower than the corresponding period, reflecting the ongoing portfolio rationalization. Significant improvements to margins, and the company's cost base, have resulted in a sharp increase in profitability. Earnings before interest, tax, depreciation and amortisation (EBITDA) for the period is expected to be between AUD 10 million and AUD 11 million, more than double the corresponding fiscal year 2011 result. Net profit for the period has increased by in excess of AUD 5 million from the same period in 2011 and is expected to be in the range of AUD 5 million to AUD 6 million.