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DAVA - Endava: Margins May Be Under Pressure But Prospects Are Good
Endava plc American Depositary Shares
Endava can increase the current revenue from the North American market by more than twice by 2026 if it reaches the same market share as in Europe.
DAVA has strengthened its position in the huge and promising US banking sector through strategic acquisitions.
Endava is a growth company that successfully increases its customer base both organically and through acquisition.
Although margins may be under pressure in the short term, in the long term, the company will become more profitable as revenue per employee steadily grows.