JAN 1.89% 27.0¢ janison education group limited

Mixed. PISA is definitely a bad. Revenues there has halved, so...

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    Mixed.

    PISA is definitely a bad. Revenues there has halved, so it's become a real sink. It's really negligible now.

    They're nearly free cashflow positive for the year, which is a huge turn around in 2H. So at least the business appears sustainable going forward and dilution from a heavily discounted capital raise should be now off the table.

    The green shoot is probably the Solutions business which grew revenues up 21% half-on-half. Probably mostly driven by the Cambridge and Oxford deals.

    Hopefully they can continue this traction into the next financial year and demonstrate some better top line growth.
 
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