Record Revenue Growth
Endava's revenue totaled £194.8 million for the quarter ended March 31, 2025, representing an 11.7% increase from the prior year.
Significant Partnerships and Innovations
Endava announced partnerships with Open AI, Google, AlixPartners, and others, contributing to deal flow and delivering innovative AI-driven solutions for clients.
Increased Share Buyback Authorization
Endava increased its share buyback authorization by an additional $50 million, optimizing capital allocation.
Strong Client and Industry Engagement
Endava's work with clients in AI, payments, and banking sectors, showcasing significant engagements in modernizing systems and transforming operations.
Profitability Improvement
Profit before tax for the quarter was £13.6 million compared to a loss in the same period last year, with adjusted PBT margin rising to 12.6% from 8.9%.