Earnings release
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endava ENDAVA ANNOUNCES FIRST QUARTER FISCAL YEAR 2022 RESULTS Q1 FY2022 Q1 FY2022 55.0 % Year on Year Revenue Growth to £ 147.5 million 60.8 % Revenue Growth at Constant Currency IFRS diluted EPS £ 0.36 compared to £ 0.12 in the prior year comparative period Adjusted diluted EPS £ 0.49 compared to £ 0.26 in the prior year comparative period London , U.K. - Endava plc ( NYSE : DAVA ) ( " Endava " or the " Company " ) a global provider of digital transformation , agile development and intelligent automation services , today announced results for the three months ended September 30 , 2021 , the first quarter of its 2022 fiscal year ( " Q1 FY2022 " ) . " Endava delivered excellent results for Q1 FY2022 , with revenue of £ 147.5 million , an increase of 55.0 % Year on Year and 60.8 % in constant currency . We continue to grow the number of clients paying us over £ 1 million on a rolling 12 months basis , and demand for digital services remains strong in all regions and verticals , " said John Cotterell , Endava's CEO . FIRST QUARTER FISCAL YEAR 2022 FINANCIAL HIGHLIGHTS : Revenue for Q1 FY2022 was £ 147.5 million , an increase of 55.0 % compared to £ 95.1 million in the same period in the prior year . Revenue growth rate at constant currency ( a non - IFRS measure ) was 60.8 % for Q1 FY2022 , compared 16.9 % in the same period in the prior year . Profit before tax for Q1 FY2022 was £ 24.9 million , compared to £ 8.7 million in the same period in the prior year . Adjusted profit before tax ( a non - IFRS measure ) for Q1 FY2022 was £ 34.8 million , compared to £ 18.2 million in the same period in the prior year , or 23.6 % of revenue , compared to 19.2 % of revenue in the same period in the prior year . Profit for the period was £ 20.5 million in Q1 FY2022 , resulting in a diluted EPS of £ 0.36 , compared to profit of £ 6.7 million and diluted EPS of £ 0.12 in the same period in the prior year . Adjusted profit for the period ( a non - IFRS measure ) was £ 28.3 million in Q1 FY2022 , resulting in adjusted diluted EPS ( a non - IFRS measure ) of £ 0.49 , compared to adjusted profit for the period of £ 14.7 million and adjusted diluted EPS of £ 0.26 in the same period in the prior year . 1