Janison Education Group Ltd. · ASX:JAN
Janison Education — FY2026 Earnings Presentation
24 slides from Janison Education's earnings presentation, Aug 25, 2026
Slide 1: FY26 results Investor update
FY26 results Investor update. 25 August 2026 This announcement has been authorised for release by the Board.
Slide 2: Janison at a glance
Janison at a glance. Critical education infrastructure, a high-quality recurring revenue base, and AI already in production. Critical scale Recurring and sticky Winning globally AI in production 7.2m $31.7m ~$23m 100k+ assessments ARR – 66% of revenue New TCV won in FY26 AI-generated items delivered
Slide 3: FY26 performance
FY26 performance. REVENUE GROSS MARGIN A demanding year, delivered: underlying revenue +12%, deeper penetration in Australia and further a$48.1m a56% +3% reported Flat vs pcp international expansion — with earnings absorbing +12% underlying the NSW DoE change and NZ MoE onboarding. • Underlying reve
Slide 4: Proven at scale
Proven at scale. Three large-scale programs delivered in the same operational window for the first time, alongside a five-year professional accreditation partnership. NAPLAN 2026 NSW DoE selective tests NZ MoE - SMART CA ANZ ~4.5m 28,384 6 mths ~17,000 assessments delivered Students assessed Onboard
Slide 5: FY26 conversions, now in delivery
FY26 conversions, now in delivery. New Zealand Ministry of Online Literacy & Numeracy Education (NZ MoE) Assessment Western Australia (OLNA WA) • ~A$21m over five years for the Student Monitoring, Assessment • ~A$1.4m over five years for the and Reporting Tool (SMART), Online Literacy and Numeracy s
Slide 6: Landmark UK contract converted post year end
Landmark UK contract converted post year end. ~A$14.2m TCV over the initial four-year term — our first national government assessment programme for the Scottish Government. Selected shortly after year end as principal technology subcontractor to the National Foundation for Educational Research (NFER
Slide 7: Innovation
Innovation. During FY26, Janison continued to invest in practical innovation that improves assessment quality, expands access and increases efficiency. Jai in production International AI-assisted marking Hybrid assessment recognition delivery ~7,000 items across 8 Winner of two e- Deployed alongside
Slide 8: FY26 Financial Results
FY26 Financial Results. 8
Slide 9: Key metrics
Key metrics. Free Cashflow (A$m) 1.0 0.6 0.5 (1.1) (6.6) FY22 FY23 FY24 FY25 FY26 9
Slide 10: Group Income Statement
Group Income Statement. Revenue $48.1m, up 3% — up 12% underlying • $3.9m of FY25 revenue did not repeat. Platform Grow t h on Grow t h on $31.7m (+3%); Product $16.4m (+2%). See $m FY26 FY25 revenue bridge on the next slide. PCP ($M) PCP (%) Gross profit $26.8m, margin held at 56% R evenue 48.1 46.
Slide 11: Revenue bridge - FY25 to FY26
Revenue bridge - FY25 to FY26. Revenue bridge Revenue not repeated: $3.9m • Venue hire exited (~$3.0m) by agreement with NSW DoE. Janison retains platform, Reported Underlying invigilation and content — lower revenue, +1.3 +5.2 higher-quality earnings. (+3%) (+12%) • $0.9m of NSW DoE paper-based tes
Slide 12: Business unit performance - Platform
Business unit performance - Platform. Revenue $31.7m, up 3% — up 18% underlying • Excludes the $3.9m of FY25 non-recurring NSW DoE revenue (venue hire $3.0m, paper-based testing $0.9m) — a normalised FY25 base of $26.9m. • Janison Insights $29.3m, +$2.0m (7%) from NZ MoE and OLNA WA (~$5.7m combined
Slide 13: Business unit performance – Product
Business unit performance – Product. Revenue $16.4m, up 2% • Led by AAS and QATs plus strong ICAS past-paper sales; partly offset by ICAS All-Stars not running in FY26. • AAS $7.5m (+8%) on school expansion and new wins; ICAS $7.5m (-2%) reflecting the ICAS All-Stars absence noted above; QATs $1.1m
Slide 14: Cash flow
Cash flow. • Operating cash flow $3.7m, up 23% — stronger commercial execution and a $1.2m net working capital inflow, including advance receipts from a major client. • Capital investment $2.7m — $2.5m intangibles (including $0.6m on Jai) and $0.2m plant and equipment. • Closed the year debt-free wi
Slide 15: Balance sheet
Balance sheet. • Cash $11.2m, up 6% — supported by operating cash generation, including advance client receipts, with the corresponding deferred revenue recognised as delivery occurs in 1H FY27. • Intangibles $14.1m, down 25% — scheduled amortisation of platform and acquired IP, while reinvesting in
Slide 16: Strategy & Outlook
Strategy & Outlook. The strategy we are executing. 16
Slide 17: Market dynamics
Market dynamics. Demand for integrated, platform-led providers is growing – in a market that is also demanding more capability, and greater resilience, for less cost. Digital assessment Customers want flexible, Responsible AI that keeps Budgets are constrained growth is structural and multi-format h
Slide 18: Strategy
Strategy. To be a global leader in the digital delivery of high-stakes assessments, helping customers deliver trusted assessment experiences that improve learning, progression and opportunity. We connect content, assessment and insights through a single intelligent platform, AI-augmented and built t
Slide 19: Pipeline - converting momentum
Pipeline - converting momentum. Platform Pipeline Opportunities – Stages (A$m) Commentary: -2.0 Key movements during FY26: 40 40.0 2.0 38.0 • Closed NZ MoE deal (~$21m) – major 35 win converted to revenue. 14.0 30 • Includes an international opportunity 21.0 with a Total Contract Value (TCV) of 26.0
Slide 20: Pipeline quality sustained into FY27
Pipeline quality sustained into FY27. Platform Pipeline Opportunities – Stages (A$m) Commentary: • Typical sales conversion lead time: 38 12–18 months. • Pipeline opportunities span both private and government clients. • Improved diversification across geographies of interest. • Strategic focus and
Slide 21: FY27 outlook
FY27 outlook. $31.7m ~$23m Growth underpinned by contracted programs and a full year of NZ MoE, with continued investment to deliver reliably at scale. a $30.2m at Jun-25 a 3 new contracts ARR AT JUN-26 NEW TCV FY26 • Revenue growth — full year of NZ MoE SMART and OLNA WA, plus NAPLAN 2027 and CA AN
Slide 22: Disclaimer
Disclaimer. Important Notice Forward-Looking Statements Disclaimer This presentation has been prepared by Janison This presentation contains forward-looking The information provided in this presentation does Education Group Limited (ACN 081 897 494) (ASX: statements regarding our intent, belief or c
Slide 23: Glossary
Glossary. Financial and market Customers and contracts Products and key terms ARR Annual Recurring Revenue CA ANZ Chartered Accountants Australia ICAS International Competitions and and New Zealand Assessments for Schools TCV Total Contract Value NSW DoE New South Wales Department AAS Academic Asses
Slide 24: Q&A
Q&A We'd love to hear from you. janison.com
Janison Education Group — FY2026 Earnings Presentation on 6ix