Endava (DAVA) 2025 Conference June 04, 2025 04:20 PM ET Speaker0 Alrighty. So good good afternoon. Thanks everyone for for joining today. My name is Tyler Dupont. I'm on the payments and IT services team here at BofA, and I am excited to have Endava CEO, John Cotterell, and CFO, Mark Thurston joining me for what I can only imagine will be a very productive and exciting discussion. Wanted to jump right in given we're limited on time. John, you've been with Endava since the beginning, so you'd be the perfect ...

Summary of Endava's Conference Call Company Overview - **Company**: Endava - **Industry**: IT Services, specifically focusing on digital transformation and AI integration Key Points and Arguments 1. **Market Shift**: Endava has been a leader in digital transformation for the past 20 years, but the advent of AI, particularly with ChatGPT, has initiated a new phase termed the "digital shift" [5][4][3] 2. **AI Integration**: The company emphasizes the importance of integrating AI into both customer-facing solutions and internal processes, which requires addressing legacy systems [7][8][6] 3. **Complexity of AI**: The engineering challenges associated with AI, such as hallucinations and regulatory compliance, have made implementation more complex than anticipated [9][8] 4. **Core Modernization**: Endava has acquired Galaxy, which provides tools for understanding and modernizing legacy code, crucial for successful AI integration [12][13] 5. **Diversification**: Since its IPO in 2018, Endava has diversified its client base across various industries and geographies, moving beyond its initial concentration in payments and financial services [14][15][16] 6. **Revenue Trends**: The company is experiencing a transition in revenue generation from traditional digital transformation projects to larger AI-enabled deals, which has caused a temporary flattening in business growth [17][18] 7. **Pipeline Development**: Endava is focused on closing larger deals, which are expected to drive future growth, despite current macroeconomic challenges [18][17] 8. **AI Skills Development**: The company has established centers of excellence to enhance AI skills among its workforce, which is essential for adapting to the new market demands [22][23] 9. **Client Engagement**: While many clients are still hesitant to adopt AI solutions, Endava is working to integrate AI into its daily operations to improve productivity [26][27] 10. **Market Opportunities**: Significant growth is anticipated in the banking and capital markets sector, which has already seen a 40% increase in activity over the past year [38][39] 11. **Automotive Sector Challenges**: The automotive industry is currently facing tariff challenges, which have slowed down technology investments, but recovery is expected within three to six months [41][42] 12. **Margin Goals**: Endava aims to improve its gross margins by shifting towards outcome-based contracts, which will allow for better margin capture compared to traditional time and materials contracts [45][46] 13. **Payments Industry**: The company continues to see growth opportunities in the payments sector, particularly as investments shift from payment processors to large banks [48][49] Additional Important Content - **AI's Role in Agile Delivery**: The integration of AI is expected to significantly enhance agile delivery processes, allowing for faster iterations and improved project outcomes [28][29] - **Revenue Composition Changes**: The structure of large deals is evolving, with a focus on immediate revenue generation rather than gradual scaling [32][33] - **Predictability of Large Deals**: There is increased uncertainty in predicting the timing of large deals due to macroeconomic factors and technological complexities [34][36] This summary encapsulates the key insights from Endava's conference call, highlighting the company's strategic focus on AI integration, market diversification, and the evolving landscape of client engagement and revenue generation.

Endava (DAVA) FY 2025 Conference May 28, 2025 09:05 AM ET Speaker0 We're going to get started here. I'm Brian Bergen from TD Cowen. I cover payments and IT services. Thank you all for joining us. With us today we're Fireside with Endava. Endava is a digital engineering provider with over 11,000 global professionals. Its heritage base of operations is in Central Europe but it's growing increasingly global with employees across 29 countries now and it also includes a more nascent growing base in APAC and we'l ...

I recently updated my view on Globant ( GLOB ), which saw its stock crash 30% after a modest miss and lowered guidance. This resembles what has happened to Endava (NYSE: DAVA ), and IExperience is difficult to learn. After 30 plus years of critically analyzing the nuts and bolts of businesses as diverse as airlines, oil, retail, mining to fintech and ecommerce plus the macro, monetary and political drivers. I continue to immensely enjoy learning and applying my experience to unravel, comprehend and benefit ...

Endava PLC Sponsored ADR (DAVA) came out with quarterly earnings of $0.43 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.28 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 13.16%. A quarter ago, it was expected that this company would post earnings of $0.32 per share when it actually produced earnings of $0.38, delivering a surprise of 18.75%.Over the last four quarters, the ...

Endava (DAVA) Q3 2025 Earnings Call May 14, 2025 08:00 AM ET Company Participants Laurence Madsen - Manager - Investor RelationsJohn Cotterell - Chief Executive OfficerMark Thurston - Chief Financial OfficerBryan Bergin - MD - Equity ResearchTyler DuPont - Equity Research AssociateJonathan Lee - Managing Director - Equity ResearchJames Faucette - Managing Director Conference Call Participants Harry Read - Equity Research AnalystJames Friedman - Senior FinTech & IT Services Research AnalystPhani Kanumuri - A ...

Endava (DAVA) Q3 2025 Earnings Call May 14, 2025 08:00 AM ET Speaker0 Good day, and welcome to Endava's Third Quarter of Fiscal Year twenty twenty five Conference Call. All participants will be in listen only mode. Please note this event is being recorded. I would now like to turn the conference over to Ms. Laurent Madsen, Head of Investor Relations and ESG at Endava. Please go ahead. Speaker1 Thank you. Good afternoon, everyone, and welcome to Endava's third quarter of fiscal year twenty twenty five confer ...

Disclaimer This presentation includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this presentation, other than statements of historical facts, are forward-looking statements. The words "believe," "estimate," "expect," "may," "will" and similar expressions are intended to identify forward-looking statements. Such forward-looking statements include, but are not limited to, the statements regarding our business strategy and ...

Investors with an interest in Computers - IT Services stocks have likely encountered both Endava PLC Sponsored ADR (DAVA) and Epam (EPAM) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions ...

Group 1 - Endava Plc (NYSE: DAVA) has experienced a decline of over 45% in the last year, indicating significant market challenges [1] - The company's margins are tighter, and free cash flow has been significantly squeezed [1] - Revenue for Endava fell by approximately 7% at the end of FY2024, reflecting a downturn in performance [1] Group 2 - The narrative surrounding Endava suggests it is a mid-tier services firm struggling to maintain its position in the market [1]