Janison secures landmark UK contract with NFER

• Janison secures a national contract in the UK for the first time
• Contract value is approximately A$14.2 million over the initial four years
• Contract is expected to improve margins and cash flow as it scales
• Marks progress in Janison's strategy to expand in the UK and Europe

Janison Education Group Limited (ASX: JAN) has secured a significant contract with the National Foundation for Educational Research (NFER) to deliver Scotland's National Standardised Assessments (SNSA) and Gaelic-medium equivalent (MCNG). The contract, valued at approximately A$14.2 million over the initial four years, positions Janison as a key technology subcontractor to NFER. This marks Janison's first entry into the UK government assessment market and represents a strategic milestone in their expansion into the UK and European markets. The contract leverages Janison's proven adaptive assessment platform and experience with similar large-scale assessments like NAPLAN and SMART. The initial investment is expected to impact operating EBITDA and cash reserves in FY27, but Janison anticipates improved margins and cash flow as the programme scales.

Initial investment expected to impact FY27 EBITDA and cash reserves

Janison expects the contract to be margin accretive once at steady-state delivery, reflecting the operating leverage of their platform model.