Endava: Innovative Business Positioned For Long Term Success (NYSE:DAVA) ...Middle East

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Endava: Innovative Business Positioned For Long Term Success (NYSE:DAVA)
phototechno Investment thesis Our current investment thesis is: Endava has achieved impressive growth, well in excess of its peers, while also having superior margins, driven by an alternative approach to competition. The company has developed a strong brand, is focused on complex transformational exercises, is active in conducting M&A, and seeks to recruit high-performing individuals. The company’s client growth is strong and its top customers are being diluted as a % of revenue, implying Endava is successful with cross/up-selling its clients. We believe industry tailwinds will support strong growth in the coming years, particularly from AI, as companies seek to integrate the technol

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