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Janison Education Group (ASX:JAN) signs nearly 10pc of Australian schools under PISA program

Education
ASX:JAN      MCAP $72.33M
15 April 2021 16:50 (AEST)
Janison Education Group (ASX:JAN) - CEO, David Caspari

Source: ARN

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.

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