Janison Records Revenue Growth and CEO Transition

Janison Education Group Ltd. (AU:JAN) has released an update.

Janison Education Group Ltd reported a 5% increase in Group Revenue hitting $43.1 million for FY24, bolstered by a strong performance in Janison Insights and a major $45 million contract with the NSW Department of Education. The company maintained a healthy cash position with $10 million on hand, despite a 21% EBITDA decrease to $3.1 million and a new CEO, Sujata Stead, taking the helm in May. Janison is poised for future growth, focusing on diversifying its platform solutions and leveraging advancements in AI for digital assessments.

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