UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ______________________________________________________ Form 20-F ______________________________________________________ (Mark One) ¨ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ACT OF 1934 For the fiscal year ended June 30, 2024 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 19 ...

Revenue Performance - Revenue for the year ended June 30, 2024, decreased by 6.8% year-on-year to £740.8 million from £794.7 million in 2023[23] - Revenue for the year ended 30 June 2024 was £740.8 million, a decrease of £54.0 million, or 6.8%, compared to 2023[25] - Revenue from clients in the Payments vertical decreased by £53.5 million, or 23.0%, to £178.8 million in 2024 from £232.3 million in 2023[27] - Revenue from clients in the BCM vertical decreased by £17.9 million, or 13.9%, to £110.7 million in 2024 from £128.7 million in 2023[27] - Revenue from clients in the Insurance vertical increased by £7.4 million, or 13.4%, to £62.5 million in 2024 from £55.1 million in 2023[27] - Revenue from North America decreased by 6.4% and from Europe by 4.7% from fiscal year 2023 to fiscal year 2024, while revenue from North America and Europe accounted for 32.6% and 25.8% of total revenue, respectively[129] Client and Market Dynamics - The Payments and Financial Services segment generated £352.0 million, accounting for 47.5% of total revenue, down from 52.3% in the previous year[23] - North America contributed £241.7 million, representing 32.6% of total revenue, while the United Kingdom accounted for £247.6 million or 33.4%[24] - The number of clients with a minimum annual spend of at least £1.0 million remained stable at 146 in fiscal year 2024[12] - The number of clients generating over £1 million in revenue remained stable at 146, with 65 clients in the £1-£2 million range, an increase from 56 in 2023[52] - 91.7% of revenue for the financial year ended June 30, 2024, was generated from clients who had previously contributed revenue in prior fiscal years[105] - The top 10 clients represented 32.5% of total revenue for the financial year ended June 30, 2024[105] Acquisitions and Growth Strategy - The company completed five major acquisitions in the past three years to enhance its capabilities and geographic reach[17] - The acquisition of GalaxE in April 2024 expanded the company's healthcare footprint in North America and added delivery units in India[17] - The company plans to continue selectively pursuing acquisitions to augment core capabilities and enhance expertise in new technologies[17] - Endava plc completed three acquisitions in the past fiscal year: GalaxE Group, Inc. in April 2024, EQ Tek SP z.o.o. in February 2024, and TLM Partners, Inc. in August 2023[143] - The company has begun expanding into new verticals such as consumer products, healthcare, mobility, insurance, and retail, but faces challenges due to less experience in these areas[104] Financial Health and Profitability - Gross margin reduced to 24.3% in 2024 from 33.2% in 2023, a decrease of 8.9%[32] - Selling, general and administrative expenses increased by £8.3 million, or 5.5%, in 2024 compared to 2023[33] - Profit before taxes was £27.0 million in 2024, down from £114.2 million in 2023, representing a profit margin of 3.6% compared to 14.4%[38] - Net current assets decreased to £113.8 million as at 30 June 2024 from £227.4 million as at 30 June 2023[39] - Adjusted free cash flow for the year ended 30 June 2024 was £58,401,000, down from £111,525,000 in 2023, reflecting a decrease in liquidity position[60] Operational Challenges and Risks - The company faces risks related to economic conditions, client retention, and operational challenges, which could impact future performance[62] - The company's operating results may fall below estimates due to factors such as fluctuations in currency exchange rates and general economic conditions, including high inflation and interest rate fluctuations[72] - Profitability is dependent on maintaining favorable pricing for services, which is influenced by client perceptions, competitor pricing, and economic conditions[73] - The company faces evolving cybersecurity threats, including ransomware attacks, which could disrupt operations and result in loss of sensitive information[79] - A hybrid working model has increased risks to information technology systems, as employees work from various locations, potentially exposing the company to security vulnerabilities[83] - The company faces challenges in delivering contracted services, which could damage client relationships and impact revenue[152] Strategic Focus and Future Outlook - The company aims to leverage its expertise in data analytics and augmented reality to expand its presence in the healthcare industry[13] - The company aims to grow its client base in North America and Europe, focusing on innovation and emerging technologies to remain competitive[65] - The company is focused on geographic expansion in North America and Europe, but faces challenges from economic downturns and increased competition[131] - The company’s revenue growth is contingent on continued demand from existing industry verticals, particularly in the context of macroeconomic uncertainties[103] Legal and Compliance Issues - The company is exposed to regulatory changes that could impact its ability to provide services in a cost-effective manner, particularly in the UK and EU[170] - The company may face litigation related to intellectual property rights, which could result in substantial damages or require the development of non-infringing technology[186] - Clients purchasing services are typically indemnified against potential infringement claims, exposing the company to costly litigation risks[187] Environmental and Social Responsibility - A significant portion of the company's greenhouse gas emissions comes from the buildings it occupies, necessitating measures to reduce emissions to meet carbon-reduction targets[177]

NEW YORK, Sept. 19, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Endava plc (NYSE: DAVA). Shareholders who purchased shares of DAVA during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/endava-loss-submission-form/?id=103494&from=4 CLASS PERIOD: May 23, 2023 to February 28, 202 ...

NEW YORK, Sept. 18, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Endava plc (NYSE: DAVA). Shareholders who purchased shares of DAVA during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/endava-loss-submission-form/?id=103176&from=3 CLASS PERIOD: May 23, 2023 to February 28, ...

Endava plc DAVA will release earnings results for its fourth quarter, before the opening bell on Thursday, Sept. 19. Read This Next: EndavaPLD has a consensus price tri $4.39 based on the ratings of 14 analysts. The high s $90 issued by Owen & Co. Our Pebruary 15, 2023. The low is $3 saued by Citigroup o Analysts expect the UK-based company to report quarterly earnings at 30 cents per share, down from 71 cents per share in the year-ago period. Endava is projected to post revenue of $256.75 million, compared ...

NEW YORK, Sept. 17, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Endava plc (NYSE: DAVA) between May 23, 2023 and February 28, 2024, both dates inclusive (the "Class Period"), of the important October 25, 2024 lead plaintiff deadline. SO WHAT: If you purchased Endava securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO ...

NEW YORK, Sept. 16, 2024 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Endava plc ("Endava" or the "Company") (NYSE: DAVA) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Endava investors who were adversely affected by alleged securities fraud between May 23, 2023 and February 28, 2024. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/endava-lawsuit-submission-form?prid=1 ...

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Endava To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $100,000in Endava between May 23, 2023, and February 28, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, Sept. 13, 2024 (GLOBE NE ...

Wall Street expects a year-over-year decline in earnings on higher revenues when Endava PLC Sponsored ADR (DAVA) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on September 19, 2024, might help the stock move higher if these key numbers are b ...

NEW YORK, Sept. 12, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Endava plc (NYSE: DAVA). Shareholders who purchased shares of DAVA during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/endava-loss-submission-form/?id=101869&from=4 CLASS PERIOD: May 23, 2023 to February 28, 202 ...