Total
0
Shares
Janison Education Group (ASX:JAN) - CEO, David Caspari
CEO, David Caspari
Source: ARN
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Six weeks since launching on the Australian market, Janison Education Group (JAN) has signed agreements to nearly 10 per cent of Australian secondary schools
  • The company has signed more than 200 schools and is expected to receive at least $1.4 million per annum as a result
  • In March, Janison was accredited by the Organisation for Economic Cooperation and Development (OCED) as a sole provider of PISA for Schools in Australia
  • PISA for Schools is an online assessment that supports individual improvement through cognitive tests and a questionnaire
  • Janison has ended the day 5.33 per cent in the green with shares trading at 79 cents

Six weeks since launching on the Australian market, Janison Education Group (JAN) has signed agreements to nearly 10 per cent of Australian secondary schools.

As of today – April 15 – more than 200 schools have signed contracts to undertake an assessment over the next year.

Janison is expected to receive at least $1.4 million per annum for the schools that have already signed.

In March, Janison was accredited by the Organisation for Economic Cooperation and Development (OCED) as a sole provider of PISA for Schools in Australia.

PISA for Schools is an online assessment that supports individual improvement efforts using benchmarking based on the OCED’s Programme for International Student Assessment (PISA).

The test is made up of two components with the first one consisting of a cognitive test in science, maths and reading to test the student’s knowledge.

The second component consists of a questionnaire regarding the student’s home and school situation, and their motivation for doing well in their studies.

“I am delighted with the pace in which this program is being rolled out across Australia and the impact it will make to the lives of thousands of secondary school children” CEO David Caspari said.

“We are honoured to be partnering with the OECD and to be playing a pivotal role in the delivery of this global program,” he added.

Janison has ended the day 5.33 per cent in the green with shares trading at 79 cents in a $157.9 million market cap.

JAN by the numbers
More From The Market Herald

" Mayfield Childcare (ASX:MFD) halts trading ahead of “material acquisition”

Mayfield Childcare (MFD) has entered a trading halt today, pending further news regarding a material acquisition and capital raising.
Janison Education (ASX:JAN) - CEO, David Caspari

" Janison Education (ASX:JAN) to acquire top-ranked assessment developer

Janison Education (JAN) has entered an agreement to acquire Quality Assessment Tasks (QATs).

" Kip McGrath (ASX:KME) buys majority stake in Tutorfly

Kip McGrath Education Centres (KME) has agreed to purchase a 70 per cent stake in US-based business Tutorfly.
OpenLearning (ASX:OLL) - Managing Director and CEO, Adam Brimo

" OpenLearning (ASX:OLL) signs five-year contract with University of Wollongong

OpenLearning (OLL) has signed a software-as-a-service (SaaS) agreement with the University of Wollongong (UOW) in New South Wales.