Key points
- Underlying revenue increased by 12% to $48.1 million
- Operating EBITDA decreased to $2.9 million due to new contract investments
- Record contract wins totaling approximately $23 million in new TCV
- Cash on hand at year-end was $11.2 million, debt-free
- Strategic focus on converting pipeline into scalable contracts in FY27
Full summary
Janison Education Group Ltd has released its FY26 results, showing a 12% increase in underlying revenue to $48.1 million, reflecting growth across its platform and product divisions. The company reported a net loss of $5.8 million, down from $11.4 million in FY25. Despite the revenue growth, operating EBITDA decreased to $2.9 million due to investments in new contracts, including a $21 million deal with the New Zealand Ministry of Education and a $1.4 million deal with Western Australia. Janison also secured additional contracts worth approximately $23 million in total contract value. The company ended FY26 with $11.2 million in cash, remaining debt-free. Looking ahead to FY27, Janison aims to convert its strong pipeline into scalable contracts, focusing on delivering high-stakes assessments reliably and at scale.
Guidance
FY27 revenue growth expected from full-year NZ MoE, NAPLAN 2027, and CA ANZ
Outlook
Janison plans to convert pipeline into scalable contracts in FY27, aiming for revenue growth and improved operating leverage. The company will focus on delivering high-stakes assessments reliably and at scale, with continued investment in AI and platform capabilities.