Endava PLC Reports Non-GAAP EPS of £0.59 and Revenue of £203.5M

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The company reported Non-GAAP earnings per share (EPS) of £0.59 and total revenue of £203.5M. Endava ($NYSE:DAVA)’s services are aimed at helping companies move faster, be more secure, and remain competitive in today’s digital world. The company has seen strong growth over the past year as more businesses look to digital transformation to stay ahead of the competition.

Stock Price

After the release of the financial report, the stock opened at $50.5 and closed at $54.2, down by 3.5% from its previous closing price of 56.1. Although the numbers were slightly below analysts’ estimates, investors were not greatly impacted due to ENDAVA’s strong market presence in the IT services sector. Going forward, investors are expecting future growth in the company as it continues to expand into new markets and increase its presence in the sector. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Endava Plc. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Endava Plc. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Endava Plc. More…

Key Ratios Snapshot

Some of the financial key ratios for Endava Plc are shown below. More…

Analysis

GoodWhale recently conducted an analysis of ENDAVA PLC‘s wellbeing. Based on our Risk Rating, we have concluded that ENDAVA PLC is a medium risk investment in terms of financial and business aspects. Additionally, we have detected 1 risk warnings in their income sheet. To find out more about the warnings and our analysis, register on GoodWhale.com. Our platform provides investors with detailed analysis of the organization’s sustainability and profitability, giving users the knowledge and confidence to make the best decisions when it comes to their investments. More…

Peers

The company has a strong presence in Europe and the United States, and competes with other IT service providers such as Thoughtworks Holding Inc, Zhengzhou Jiean Hi-tech Co Ltd, and Neusoft Corp.

– Thoughtworks Holding Inc ($NASDAQ:TWKS)

Thoughtworks Holding Inc is a global technology consultancy company. Its market cap as of 2022 is 2.99B and its ROE is -11.01%. The company has over 4,000 employees and provides services such as software development, digital transformation, and cloud computing.

– Zhengzhou Jiean Hi-tech Co Ltd ($SZSE:300845)

Zhengzhou Jiean Hi-tech Co Ltd is a market leader in providing innovative hi-tech solutions. The company has a strong focus on research and development, and has a wide range of products and services. It has a market capitalization of 2.52 billion as of 2022, and a return on equity of 3.34%. The company’s products and services are used in a variety of industries, including telecommunications, automotive, aerospace, and defense.

– Neusoft Corp ($SHSE:600718)

Neusoft Corporation is a Chinese software and information technology service provider. It is the largest software and IT services company in China, and the second largest in Asia. The company is headquartered in Shenyang, Liaoning.

As of 2022, Neusoft Corporation had a market capitalization of 13.91 billion US dollars. The company’s return on equity (ROE) was 8.56%.

Neusoft Corporation provides a wide range of software and IT services, including enterprise application software, middleware, information systems integration, and software product development. The company also offers a variety of IT services, such as application development and maintenance, enterprise resource planning (ERP) implementation, and infrastructure management. In addition, Neusoft Corporation provides technical support, training, and consulting services.

Summary

Endava PLC is a publicly traded company on the London Stock Exchange. The company reported its Non-GAAP EPS of £0.59 and Revenue of £203.5M in its most recent financial report. Following the report, the stock price saw a decline. This could be a sign that the market is concerned about the company’s financial performance. Investors should carefully analyze the company’s financials to determine if it is a good investment opportunity.

Specifically, they should pay attention to the company’s liquidity, profitability, and capital structure. They should also consider the industry in which Endava operates, its competitive landscape, and any potential new growth opportunities. Ultimately, investors should make an informed decision based on their own analysis and research.