Funtastic Limited (ASX:FUN) has generated a net profit of $5.51 million in the six months to January 31.
The result is up from $366,000 for the same period last year.
In accordance with the Facilities Agreement between Funtastic and its senior lender, National Australia Bank Limited (ASX:NAB), the Company is precluded from declaring and paying dividends during the term of the Agreement, which ends August 31, next year.
