Kate O'Brien (for Maggie Nolan)'s questions to Endava PLC (DAVA) leadership • Q4 2024
Question
An analyst from William Blair, on behalf of Maggie Nolan, requested more detail on the specific investments impacting the adjusted PBT margin in fiscal 2025. She also asked which strategic partnerships Endava believes hold the most substantial opportunity in the coming year.
Answer
CFO Mark Thurston detailed that margin investments include the Dava.X platform, tools and technology, go-to-market enhancements, ChatGPT enterprise licenses, and GalaxE integration costs. He also noted the budget includes a bonus payout, which was absent last year. CEO John Cotterell highlighted key partnerships with hyperscalers like Google, AWS, and Microsoft, as well as technology partners like Snowflake and Stripe, as crucial for both incorporating into solutions and generating inbound opportunities.