Janison Education Group Ltd. · ASX:JAN
Janison Education — H1 2026 Earnings Presentation
22 slides from Janison Education's earnings presentation, Feb 24, 2026
Slide 1: 1H FY26 results investor update
1H FY26 results investor update. This release is authorised by the Board of Janison. Sujata Stead, Chief Executive Officer Dharmendra Singh, Chief Financial Officer February 2026
Slide 2: Acknowledgement of Country
Acknowledgement of Country. Janison acknowledges the Traditional Owners and Custodians of the land on which we stand today and pay our respects to their Elders past and present. We recognise the ongoing connection that Indigenous people have to their land and the importance of their cultural heritag
Slide 3: 1H FY26 Highlights
1H FY26 Highlights.
Slide 4: 1H26 performance highlights
1H26 performance highlights. Contract momentum and disciplined investment. • Strong execution of go-to-market strategy, securing landmark NZ MoE (New Zealand Ministry of Education) contract alongside new government and regulatory wins. $23.1m 58% $13.3m • Transitioning from disciplined to accelerate
Slide 5: New customer wins
New customer wins. New Zealand Ministry of Victorian Building and Online Literacy & Numeracy Education (NZ MoE) Plumbing Commission Assessment Western (VBPC) Australia (OLNA WA) • NZ MoE awarded Janison landmark • Janison won a three-year contract • Janison secured its first five-year five-year nati
Slide 6: Technology. Expertise. Impact
Technology. Expertise. Impact What sets Janison apart Proven reliability and AI-enhanced Deep educational & Insights that drive scale assessment ecosystem technological expertise measurable impact Delivering millions of Everything needed for modern We bring together educators Our analytics turn asse
Slide 7: Why customers choose Janison
Why customers choose Janison. Trust & reliability Human-centred design Built for high-stakes environments Assessment experiences that where failure isn’t an option. reduce stress and increase fairness. Global scale, local Innovation & AI leadership partnerships Deep experience with education Purpose
Slide 8: The future of assessment is smarter, fairer and more accessible
The future of assessment is smarter, fairer and more accessible. And we’re building it with our customers: Expanding AI capability Greater system Next-generation More flexible and for greater quality interoperability analytics for improved inclusive test-taking & efficiency decision-making experienc
Slide 9: AI tool for faster, smarter assessment creation
AI tool for faster, smarter assessment creation. About Jai • Jai is Janison's AI-powered assessment platform. Its first application is AI-enabled item development that helps teams create high-quality test questions and assessment items significantly faster and at lower cost. • It works alongside hum
Slide 10: Key metrics
Key metrics. Group Revenue (A$m) Gross Profit (A$m) & Gross Margin % 70% 20 so) 231 86% 65% 22.0 221 65% jog t Sse iso 13.0 13.4 15 59% 4 60% Fp % 10 19.5 a 57% |e ta 56% 5 50% i) 1H22 123 1H24 1H25 1H26 1H22.1H23.—1H24.—1H25.—TH26 Operating EBITDA (A$m) Free Cashflow (A$m) 26 38 (06) (0.3) (3.4) 1H
Slide 11: Group Income Statement
Group Income Statement. Growth on Growth on Commentary $m 1H26 1H25 PCP ($M) PCP (%) • Revenue growth of 2% vs PCP, driven by the Product business, which delivered 6% revenue growth, partially offset by a decline in the Revenue 23.1 22.7 0.4 2% Platform business following the cessation of paper base
Slide 12: Business unit performance - Platform
Business unit performance - Platform. Platform Growth on Growth on Platform (Previously Janison Solutions) 1H26 1H25 $m PCP ($M) PCP (%) • The Platform business generated $12.3m in revenue, down 2% on the prior period. The decline reflected the absence of ($0.9m) of non- Revenue 12.3 12.5 (0.2) (2%)
Slide 13: Business unit performance - Product
Business unit performance - Product. Product Growth on Growth on Product (Previously Janison Assessments) 1H26 1H25 $m PCP ($M) PCP (%) • The Product business delivered $10.8m in revenue, a 6% growth on the Revenue 10.8 10.2 0.6 6% prior corresponding period, driven by strong performance across ICAS
Slide 14: Cash flow
Cash flow. Growth on Growth on Cash flow $m 1H FY26 1H FY25 PCP ($M) PCP (%) • Operating cash flow strengthened to $3.8m, driven by stronger Customer Receipts 28.4 27.2 1.2 4% commercial execution, including advance payments from a major client; cash timing benefits are expected to unwind in H2 as d
Slide 15: Balance sheet
Balance sheet. Growth on Growth on Commentary $m Dec-25 Jun-25 PCP ($M) PCP (%) • Cash balance of $13.3m at 31 December 2025, primarily underpinned Cash 13.3 10.6 2.7 25% by advance client payments, resulting in improved liquidity and Trade and other 4.9 4.7 0.2 4% balance sheet flexibility, with co
Slide 16: Strategy & outlook
Strategy & outlook.
Slide 17: Market dynamics
Market dynamics. • AI integration imperative - Platforms must deliver AI-driven efficiency (proctoring, grading, item generation) while maintaining integrity — adoption pace increasing but human oversight still required for high-stakes • Cost-constrained buyers - Budget pressures and funding expiry
Slide 18: FY26 strategy focus
FY26 strategy focus. 1 Execute go-to-market strategy Continue to expand partnerships and optimise pipeline conversion, with an increased focus on prioritisation and near- Now mid-way through FY26, term revenue certainty across APAC, UK, K12 and Professional Janison remains focused on three Accredita
Slide 19: Looking ahead
Looking ahead. Contract portfolio optimisation • NSW DoE: Refined 2026 scope to focus on core testing services; exited venue/logistics (H2 FY26 revenue and earnings impact but margin improvement in outer years). • NZ Ministry of Education: New contract secured with initial revenue in FY26; material
Slide 20: H1 FY26: Significant opportunity converted
H1 FY26: Significant opportunity converted. Platform Pipeline Opportunities Bridge – Oct 25 to Feb 26 (A$m) Commentary -14.0 • Key movements since Oct 25: 40.0 40 • Closed NZ MoE deal (~$21m) – major win converted to revenue. 35 • Net pipeline decrease of ~$14M 30 21.0 reflects strong conversion act
Slide 21: H1 FY26: Quality pipeline maintained
H1 FY26: Quality pipeline maintained. Platform Pipeline Opportunities - Stages(A$m) Commentary • Typical sales conversion lead time: 12–18 26 months. • Pipeline opportunities span both private and government clients. • Improved diversification with no single opportunity >$12M. • Strategic focus and
Slide 22: Thank you
Thank you. For more information, please contact: Adrian Mulcahy - Automic Group adrian.mulcahy@automicgroup.com.au +61 438630422
Janison Education Group — H1 2026 Earnings Presentation on 6ix