DAVA - Endava gains 5% on strong Q4 numbers
Endava (NYSE:DAVA) has been on the rise after reporting strong Q4 numbers and sees double digit growth in FY22. Q4 revenue is up 47.7% Y/Y to £133.6M, while Adjusted EPS of £0.41. FY revenue is up 27% to £446.3M, while Adjusted EPS of £1.30. Metrics: Headcount increased to 8,883 at June 30, 2021 vs. 6,624 in the prior year. 7,872 Average operational employees in Q4 FY2021 vs. 5,936 in the same quarter of the prior year. Number of clients with over £1 million in revenue on a rolling twelve months basis was 85 at June 30, 2021, compared to 65 at June 30, 2020. Top 10 clients accounted for 36% of revenue in Q4 FY2021, compared to 40% in the same period in the prior year. Geographic breakdown: North America 37%, Europe 21%, United Kingdom 40%. Industry vertical breakdown: Payments and Financial Services 51%, TMT 25% and Other 24%. Q1
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Endava gains 5% on strong Q4 numbers