Key points
- Revenue increased 3% to $48.1m, with ARR up 5% to $31.7m
- Underlying growth 12%, excluding non-recurring FY25 revenue
- Secured significant contracts including NZ MoE and UK NFER
- Operating EBITDA down 9% to $2.9m due to onboarding costs
Full summary
Janison Education Group Limited reported its financial results for the full year ended 30 June 2026, showing a 3% increase in revenue to $48.1 million, with Annual Recurring Revenue (ARR) up 5% to $31.7 million. Underlying revenue growth was 12%, excluding $3.9 million of non-recurring NSW Department of Education revenue from FY25. The company secured significant contracts, including a five-year, $21 million contract with the New Zealand Ministry of Education and a four-year, $14.2 million contract with the National Foundation for Educational Research (NFER) to deliver Scotland's national assessments. Operating EBITDA was $2.9 million, down 9% from the prior corresponding period, reflecting onboarding costs for new contracts. The company remains debt-free with a cash balance of $11.2 million.
Guidance
FY27 revenue growth expected from new contract wins and ongoing programs
Outlook
FY27 expected to be impacted by upfront investment for the Scotland national assessment contract, with margin accretion and improved operating cash flow anticipated from FY28.