Janison Reports $3 Million Revenue Impact as FY26 Programs Conclude

Completion of Major FY26 Assessment Programs

Janison Education Group (ASX:JAN) has successfully delivered multiple large-scale assessment programs in FY26, including the NAPLAN 2026 testing cycle, Chartered Accountants ANZ events, New South Wales Department of Education Year 2 testing, and the inaugural assessment under its landmark New Zealand Ministry of Education contract. The company reported delivering approximately 4.5 million NAPLAN assessments across 9,368 schools, with peak concurrent student participation reaching around 256,000. This marks one of the world’s largest digitally delivered school assessment programs and reinforces Janison’s operational capability at scale.

The New Zealand Ministry of Education’s SMART program was onboarded and executed within an accelerated six-month timeline, delivering bilingual assessments across Years 3 to 10 in English and te reo Māori. This contract, valued at over A$20 million total contract value, represents Janison’s largest-ever international agreement and a significant expansion beyond its traditional Australian market.

AI Integration and Platform Enhancements

Janison has advanced its technology platform with new hybrid delivery options and enhanced reporting features now live in production. Its proprietary AI platform, Jai, is operational with customers for AI-assisted item development, with ongoing development of additional AI-driven assessment and practice capabilities. The company’s AI strategy balances product innovation with operational efficiency, applying AI thoughtfully with human oversight given the high-stakes nature of digital assessments.

Operational AI tools are already supporting internal workflows and delivery quality, enabling Janison to manage multiple complex programs simultaneously. Further AI capabilities, including AI marking and data-driven insights for targeted learning recommendations, remain on the development roadmap.

Financial Impact and Strategic Focus for FY26-27

Janison expects FY26 revenue to be reduced by approximately A$3 million due to its exit from venue hire services for the NSW Department of Education. This shift allows the company to concentrate on its core strengths of platform delivery, invigilation, and test content provision. The revenue loss from NSW is partially offset by onboarding the New Zealand Ministry of Education contract and continued delivery across other programs.

FY26 EBITDA will reflect transition-year dynamics, including the onboarding mix of the New Zealand contract, the NSW venue hire exit, and investments in delivery capabilities designed to support future operational leverage. Janison anticipates some ongoing EBITDA impact from these program changes will carry into FY27, as the company works toward a more predictable recurring revenue model aligned with scalable growth.

Operational Excellence Amid Complex Delivery

Janison’s CEO, Sujata Stead, highlighted the company’s demonstrated ability to deliver multiple high-stakes digital assessments in parallel, noting that early disruptions during NAPLAN 2026 were swiftly resolved and learnings are being integrated for FY27. The company also emphasised the practical integration of AI to enhance assessment delivery efficiency without compromising oversight.

With a closing cash position expected around A$10 million, Janison maintains financial flexibility to continue investing in platform innovation and AI development. The FY27 focus will be on converting pipeline opportunities into repeatable, scalable contracts across the Asia-Pacific, UK, K–12, and professional accreditation sectors.