Endava PLC: Earnings Dip Amidst Financial Turnaround

Endava (DAVA) has released an update.

Endava PLC reports a reduction in gross profit to £99,343 in the last six months of 2023, compared to £139,914 in the same period the previous year, with operating profit also declining from £60,028 to £20,725. Despite these challenges, the company managed to achieve a net finance income of £7,193, a significant turnaround from a net finance expense of £1,189 in 2022.

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