Janison is underrated; operate like a family-run business. Founder owns most of the shares. Provides essential education services to governments around the world (digital exams for schools & universities). Reinvesting heavily on R&D to enhance product. The Insights platform used for many types of exams (NAPLAN, PBTS) and in the near future (ICAS). Shares are illiquid and not bounce around but when the business scales, I bet more fundies will ride the bandwagon. Paying 1/2 ($80M market cap) of FY25 target revenues is a steal during COVID.