Endava plc announced a partnership with Miro, the AI‑innovation workspace, to embed Miro’s AI‑powered collaboration platform across its global delivery operations. The deal will integrate Miro’s AI‑workflow tools into Endava’s proprietary Dava.Flow™ framework, a move that underpins the company’s broader strategy to become an AI‑native services provider and to accelerate decision cycles across distributed teams.
The partnership is designed to embed AI into every stage of the engagement lifecycle, from signal to evolve, and to improve alignment across stakeholders. Early pilots have shown that workshop outcomes, stakeholder alignment and handover quality improve, with some processes shortened from weeks to days. By embedding AI into collaboration and decision‑making, Endava can reduce manual effort, increase productivity and capture a larger share of the value created for clients, supporting its transition from traditional time‑and‑materials contracts to outcome‑based pricing.
Endava’s recent financial performance provides context for the partnership. In Q2 FY2025, revenue rose 6.6% year‑over‑year to £195.6 million, while profit before tax fell to £2.5 million from £10.6 million the prior year. Adjusted diluted earnings per share were £0.30, unchanged from the previous year. For FY2025, revenue increased 4.3% to £772.3 million, but profit before tax declined to £24.1 million from £27.0 million. The company has also announced a $100 million share buyback program and employs approximately 11,636 people worldwide as of September 30 2025.
Segment and geographic data highlight the areas driving growth and headwinds. In Q4 FY2025, revenue by geography was North America 38%, Europe 23%, UK 33% and Rest of World 6%. By sector, Payments fell 19.0%, Banking and Capital Markets rose 37.4%, Insurance grew 12.1%, TMT declined 13.2%, Mobility fell 11.7% and Healthcare surged 103.8%. These figures illustrate the mix shift that underlies the company’s current profitability profile and the strategic focus on high‑margin sectors.
CEO John Cotterell has cautioned that the short‑term operating backdrop remains volatile and many clients are recalibrating spending, which explains the company’s cautious outlook. Nevertheless, the Miro partnership positions Endava to compete more effectively against larger rivals such as EPAM and Cognizant by offering a differentiated, AI‑driven delivery model that can deliver faster, higher‑quality outcomes for clients.
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