Endava plc (NYSE:DAVA) Q4 2020 Earnings Conference Call - Final Transcript

Sep 15, 2020 • 08:00 am ET


Endava plc (NYSE:DAVA) Q4 2020 Earnings Conference Call - Final Transcript


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Good morning, ladies and gentlemen. Thank you for standing by and welcome to the Endava PLC Earnings Release Conference Call. [Operator Instructions]

I would now like to turn the conference over to your speaker today, Laurence Madsen, Investor Relations. Please go ahead.

Laurence Madsen

Thank you. Good afternoon, everyone, and welcome to Endava's fourth quarter of fiscal year 2020 and full fiscal year 2020 earnings conference call. As a reminder, this conference call is being recorded. Joining me today are John Cotterell, Endava's Chief Executive Officer and Mark Thurston, Endava's Chief Financial Officer.

Before we begin, a quick reminder to our listeners. Our remarks today include forward-looking statements, including our guidance for Q1 fiscal year 2021, our expected near and medium-term revenue growth, the potential impact of the COVID-19 pandemic and associated global economic uncertainty, our expectations for future investments in our business, our expectations regarding digital transformation of existing businesses and industries, the necessity of digital transformation for many and Endava's ability to benefit therefrom and anticipated client demand for Endava's services, as well as other forward-looking statements. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those contained in the forward-looking statements. Actual results and the timing of certain events may differ materially from the results or timing predicted or implied by such forward-looking statements, and reported results should not be considered as an indication of future performance.

Please note that these forward-looking statements made during this conference call speak only as of today's date and the company undertakes no obligation to update them to reflect subsequent events or circumstances other than the extent required by law. Please refer to the Risk Factors section of our Annual Report on Form 20-F filed with the Securities and Exchange Commission on September 15, 2020, which contains and identifies important factors that could cause actual results to differ materially from those contained in any forward-looking statements.

Also, during the call, we'll present both IFRS and non-IFRS financial measures. A reconciliation of non-IFRS to IFRS measures is included in today's earnings press release, which you can find on our Investor Relations website. A link to the replay of this call will also be available there.

With that, I'll turn the call over to John.

John Cotterell

So thank you, Laurence. And I'd like to thank everyone for joining us today and I hope you're all staying safe and healthy. Mark and I are pleased to be here to provide an update on our business and financial performance for the three months ended June 30, 2020 and for the full fiscal year 2020.

The world has changed drastically over the last six months, an evolution that may previously have taken years or even decades to occur has been accelerated into a matter of months. The benefit of a business model that has the ability to operate predominantly in a digital environment has been clearly demonstrated. And COVID-19 has given us a glimpse of the large amount of digital transformation work