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<WIRE> Janison Education Group (ASX:JAN) Shares Surge Following Solid Earnings Report



Shares of Janison Education Group (ASX:JAN) have seen an uptick as high as 4.26%, reaching A$0.49 per share, their highest point since July 7.

The educational technology company has disclosed that it generated revenue of A$41 million for FY23.

This marks a year-over-year increase of 13%.

The company’s EBITDA also saw substantial growth, climbing by 111% to reach A$4 million.

This earnings boost was attributed to enhanced operational leverage and robust gross margins.

Despite this optimistic financial news, the company’s stock has declined by 16% throughout the current year, according to last close.

Janison Education Group is an educational technology company.


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