1H FY26 Results and Investor Update
| Stock | Janison Education Group Ltd (JAN.ASX) |
|---|---|
| Release Time | 24 Feb 2026, 8:21 a.m. |
| Price Sensitive | Yes |
Janison Education Group reports 1H FY26 results
- Group revenue up 2% to $23.1m
- Gross margin improved to 58%
- Secured $21m contract with NZ Ministry of Education
- Continued progress in Jai AI-powered item development platform
Janison Education Group Limited (ASX: JAN) has reported its financial results for the half year ended 31 December 2025. The company delivered revenue growth of 2% to $23.1m, driven by continued strength in the Product segment, partially offset by a decline in Platform revenue following the cessation of certain paper-based delivery activities. Gross profit increased 3% to $13.4m, with gross margin improving to 58%, reflecting stable cost of sales and favourable sales mix within Product. Operating expenses increased 9% to $12.1m, reflecting strategic investments initiated in 2H FY25 to support platform capability, AI-enabled products and future growth. As a result, Operating EBITDA declined to $1.3m, with EBITDA margin decreasing to 6%. Reported EBIT improved to a loss of $(3.0)m, compared with $(3.7)m in the prior corresponding period, driven by lower depreciation and amortisation and the absence of prior period restructuring and strategic review costs. Janison secured several strategically important contract wins, including a five-year national contract with the New Zealand Ministry of Education valued at approximately $21m, a three-year contract with the Victorian Building and Plumbing Commission, and a five-year contract with the Western Australian School Curriculum and Standards Authority. The company also continued the commercial rollout of its Jai AI-enabled item development platform, which delivered an initial revenue contribution of approximately $0.1m.
The company begins the second half of FY26 in a strong position, with over $13m in cash, a balanced customer pipeline and emerging benefits from investments made in 2025. While the timing and conversion of pipeline opportunities are difficult to predict, Janison's continued investment in platform capability, including AI-enabled products, is expected to drive long-term profitable growth for the business in coming years.