Janison Education Group Limited (ASX:JAN) Releases Half-Year Financial Results
Financial Performance
Janison Education Group Limited reported a 3% increase in revenue to $22.7 million for the six months ended 31 December 2024. EBITDA rose by 13% to $1.9 million, while the net loss improved by 26% from ($4.1) million to ($3.0) million during the same period. No dividends were proposed.
Operational Highlights
The company ended the period with $9.6 million in cash, a 5% increase from the prior corresponding period, and maintained access to a $2 million undrawn overdraft facility. Janison’s customer pipeline surged by 280% year-over-year to $16 million, indicating strong demand for its platform and services. The introduction of an AI-powered item generation tool has enhanced internal efficiency and received positive customer feedback. Additionally, Janison strengthened its leadership team by appointing a new Chief Technology & Product Officer and a Chief Growth Officer, supported by an advisory committee of industry leaders.
Executive Comments
Chief Executive Officer Sujata Stead stated, “I am pleased to share our first-half results for FY25—my first half-year report as CEO, having joined Janison nine months ago. This period has been one of transformation and disciplined execution, where we have strengthened our foundations for sustainable growth while continuing to expand.”
Motley Fool contributor Matt Burgess has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Janison Education Group. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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