Latest Entertainment Rewards (Asx:Eat) News

Entertainment Rewards Ltd has expanded its loan facility by $3 million with Suzerain Investment Holdings, aiming to accelerate its Revenue Pivot Strategy and strengthen working capital.

Entertainment Rewards Ltd reports a 6.1% revenue increase in Q4 FY25, driven by growth in key programs and a new $2.5 million loan facility, while narrowing its operating loss.

Entertainment Rewards Ltd has expanded its loan facility with Suzerain Investment Holdings by $2.5 million, increasing total funding to $7.5 million to support its Revenue Pivot Strategy and working capital needs.

Entertainment Rewards Ltd reports its strongest Q3 revenue in three years, driven by growth in Frequent Values and Paid Advertising, alongside a significant debt restructuring that reclassifies $22.5 million as equity.

Entertainment Rewards Ltd has reported its strongest quarterly revenue performance in over three years, driven by growth in Gift Cards, Paid Advertising, and its Frequent Values program, while continuing to invest heavily in marketing and sales.

Entertainment Rewards Ltd has secured a pivotal amendment to its $22.5 million convertible loan, slashing interest costs and extending repayment terms to bolster its financial flexibility.