Endava Announces Fourth Quarter Fiscal Year 2024 and Fiscal Year 2024 Results

Endava plc (NYSE: DAVA) (“Endava” or the “Company”), a leading technology services company combining world-class engineering, industry expertise and a people-centric mindset, today announced results for the three months ended June 30, 2024, the fourth quarter of fiscal year 2024 (“Q4 FY2024”) and the fiscal year ended June 30, 2024 (“FY2024”).

“Looking back, the past financial year was a challenging one for Endava. Our revenue decreased 4.5% at constant currency due to significant headwinds across the business, particularly our presence in the UK market and payments. Today, our industry and geographic concentration is more diverse and we have expanded our delivery footprint, becoming a truly global delivery organization. We are increasing our investment in the people and skills required to support the next wave of digital transformation. We believe this will help us gradually return to higher levels of profitability,” said John Cotterell, CEO of Endava.