Endava Reports Strong Q3 FY2025 Financial Results

Endava ( (DAVA) ) has released its Q3 earnings. Here is a breakdown of the information Endava presented to its investors.

Endava is a technology-driven business transformation group that leverages an AI-native approach to provide next-generation technology services across various industries, including payments, insurance, finance, and healthcare. The company recently announced its third-quarter fiscal year 2025 results, highlighting a revenue increase of 11.7% year-on-year to £194.8 million and a significant improvement in diluted EPS to £0.18 from a loss in the previous year. Key financial metrics for the quarter include a profit before tax of £13.6 million, compared to a loss in the prior year, and an adjusted profit before tax of £24.6 million. The company also reported a strong cash position with net cash from operating activities reaching £18.7 million, a substantial increase from the previous year. Endava’s management remains focused on long-term positioning despite the challenging macroeconomic environment, with plans to repurchase up to $50 million of additional shares, reflecting confidence in its cash flow and strategy. Looking ahead, Endava expects revenue for the fourth quarter to be between £186.0 million and £188.0 million, with a full fiscal year revenue increase of 6.0% to 6.5% at constant currency.