Revenue Growth
Endava's revenue totaled £194.8 million for the three months ended March 31, 2025, compared to £174.4 million in the same period in the prior year, representing an 11.7% increase. In constant currency, revenue increased by 12.4%.
Profit Improvement
Profit before tax for the three months ended March 31, 2025, was £13.6 million compared to a loss of £0.5 million in the same period in the prior year.
AI and Partnership Initiatives
Endava announced involvement in Open AI’s beta services partner program and a partnership with Google Agent Space, developing innovative AI solutions and enhancing their market offerings.
Share Buyback Program
Endava increased its share buyback authorization by an additional $50 million, highlighting confidence in capital allocation strategies.
Growth in North America
Revenue from North America grew 37.1% for the three months ended March 31, 2025, over the same period last fiscal year, mainly due to the contribution of Galaxy.