Simulations Plus (SLP) Financials

$31.70 -0.38 (-1.18%)

Closing price 04:00 PM Eastern

Extended Trading

$31.72 +0.02 (+0.06%)

As of 04:12 PM Eastern

Annual Income Statements for Simulations Plus

This table shows Simulations Plus' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	8/31/2024	8/31/2023	8/31/2022
Net Income / (Loss) Attributable to Common Shareholders	9.95	9.96	12
Consolidated Net Income / (Loss)	9.95	9.96	12
Net Income / (Loss) Continuing Operations	9.95	9.96	12
Total Pre-Tax Income	12	12	15
Total Operating Income	6.13	8.73	15
Total Gross Profit	43	48	43
Total Revenue	70	60	54
Operating Revenue	70	60	54
Total Cost of Revenue	27	12	11
Operating Cost of Revenue	27	12	11
Total Operating Expenses	37	39	28
Selling, General & Admin Expense	22	28	20
Marketing Expense	8.92	6.56	4.88
Research & Development Expense	5.75	4.50	3.21
Total Other Income / (Expense), net	6.28	2.97	0.20
Other Income / (Expense), net	6.28	2.97	0.20
Income Tax Expense	2.46	1.73	2.63
Basic Earnings per Share	$0.50	$0.50	$0.62
Weighted Average Basic Shares Outstanding	19.99M	20.08M	20.20M
Diluted Earnings per Share	$0.49	$0.49	$0.60
Weighted Average Diluted Shares Outstanding	20.30M	20.47M	20.75M
Weighted Average Basic & Diluted Shares Outstanding	20.07M	19.94M	20.30M
Cash Dividends to Common per Share	$0.24	$0.24	$0.24

This table shows Simulations Plus' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022
Period end date	2/28/2025	11/30/2024	8/31/2024	5/31/2024	2/29/2024	11/30/2023	8/31/2023	5/31/2023	2/28/2023	11/30/2022	8/31/2022
Net Income / (Loss) Attributable to Common Shareholders	3.07	0.21	0.84	3.14	4.03	1.95	0.53	4.01	4.17	1.25	0.96
Consolidated Net Income / (Loss)	3.07	0.21	0.84	3.14	4.03	1.95	0.53	4.01	4.17	1.25	0.96
Net Income / (Loss) Continuing Operations	3.07	0.21	0.84	3.14	4.03	1.95	0.53	4.01	4.17	1.25	0.96
Total Pre-Tax Income	3.51	0.27	0.86	3.89	5.25	2.41	0.07	4.94	5.07	1.62	0.89
Total Operating Income	2.71	0.13	-1.15	1.88	4.44	0.96	-0.28	4.10	4.03	0.88	0.69
Total Gross Profit	13	10	6.83	13	13	9.85	12	13	13	9.29	9.06
Total Revenue	22	19	19	19	18	15	16	16	16	12	12
Operating Revenue	22	19	19	19	18	15	16	16	16	12	12
Total Cost of Revenue	9.31	8.71	12	5.29	5.08	4.65	3.38	2.96	2.62	2.67	2.68
Operating Cost of Revenue	9.31	8.71	12	5.29	5.08	4.65	3.38	2.96	2.62	2.67	2.68
Total Operating Expenses	10	10	7.98	11	8.78	8.89	13	9.18	9.10	8.42	8.36
Selling, General & Admin Expense	4.56	5.39	3.47	7.68	5.52	5.68	9.80	6.55	6.05	5.76	2.72
Marketing Expense	3.72	2.85	2.58	2.40	1.95	1.99	1.66	1.68	1.73	1.49	-
Research & Development Expense	2.14	1.85	1.93	1.30	1.31	1.22	1.08	0.95	1.32	1.17	0.77
Total Other Income / (Expense), net	0.80	0.14	2.01	2.01	0.81	1.45	0.35	0.84	1.03	0.74	0.20
Other Income / (Expense), net	0.80	0.14	2.01	2.01	0.81	1.45	0.35	0.84	1.03	0.74	0.20
Income Tax Expense	0.43	0.06	0.02	0.75	1.22	0.46	-0.47	0.93	0.89	0.37	-0.07
Basic Earnings per Share	$0.15	$0.01	$0.04	$0.16	$0.20	$0.10	$0.03	$0.20	$0.21	$0.06	$0.05
Weighted Average Basic Shares Outstanding	20.10M	20.07M	19.99M	20.00M	19.98M	19.95M	20.08M	19.97M	20.11M	20.29M	20.20M
Diluted Earnings per Share	$0.15	$0.01	$0.04	$0.15	$0.20	$0.10	$0.03	$0.20	$0.20	$0.06	$0.04
Weighted Average Diluted Shares Outstanding	20.28M	20.27M	20.30M	20.43M	20.32M	20.28M	20.47M	20.36M	20.53M	20.83M	20.75M
Weighted Average Basic & Diluted Shares Outstanding	20.11M	20.09M	20.07M	20.01M	19.98M	19.97M	19.94M	19.93M	20.00M	20.33M	20.30M
Cash Dividends to Common per Share	$0.00	$0.00	-	$0.06	$0.06	$0.06	-	$0.06	$0.06	$0.06	-

This table details how cash moves in and out of Simulations Plus' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	8/31/2024	8/31/2023	8/31/2022
Net Change in Cash & Equivalents	-47	5.96	15
Net Cash From Operating Activities	13	22	18
Net Cash From Continuing Operating Activities	13	22	18
Net Income / (Loss) Continuing Operations	9.95	9.96	12
Consolidated Net Income / (Loss)	9.95	9.96	12
Depreciation Expense	5.67	3.84	3.57
Amortization Expense	-1.12	-1.13	1.68
Non-Cash Adjustments To Reconcile Net Income	6.43	5.50	2.77
Changes in Operating Assets and Liabilities, net	-7.62	3.69	-2.61
Net Cash From Investing Activities	-54	7.37	4.31
Net Cash From Continuing Investing Activities	-54	7.37	4.31
Purchase of Property, Plant & Equipment	-3.76	-3.67	-3.97
Acquisitions	-99	-8.22	0.00
Purchase of Investments	-68	-96	-101
Sale and/or Maturity of Investments	116	115	109
Net Cash From Financing Activities	-6.57	-23	-7.62
Net Cash From Continuing Financing Activities	-6.57	-23	-7.62
Repurchase of Common Equity	0.00	-20	0.00
Payment of Dividends	-4.80	-4.81	-4.85
Other Financing Activities, net	-1.77	1.54	-2.78
Cash Income Taxes Paid	5.69	3.20	3.23

This table details how cash moves in and out of Simulations Plus' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022
Period end date	2/28/2025	11/30/2024	8/31/2024	5/31/2024	2/29/2024	11/30/2023	8/31/2023	5/31/2023	2/28/2023	11/30/2022	8/31/2022
Net Change in Cash & Equivalents	4.81	-4.12	-99	72	-2.76	-18	2.39	16	-10	-2.18	9.21
Net Cash From Operating Activities	5.67	-1.27	1.66	5.68	5.81	0.16	3.06	8.55	5.54	4.71	7.93
Net Cash From Continuing Operating Activities	5.67	-1.27	1.66	5.68	5.81	0.16	3.06	8.55	5.54	4.71	7.93
Net Income / (Loss) Continuing Operations	3.07	0.21	0.84	3.14	4.03	1.95	0.53	4.01	4.17	1.25	0.96
Consolidated Net Income / (Loss)	3.07	0.21	0.84	3.14	4.03	1.95	0.53	4.01	4.17	1.25	0.96
Depreciation Expense	2.27	2.27	2.21	1.26	1.11	1.09	1.04	0.95	0.94	0.92	0.85
Amortization Expense	-0.02	-0.04	-0.03	-0.29	-0.40	-0.40	-0.40	-0.36	-0.29	-0.09	0.19
Non-Cash Adjustments To Reconcile Net Income	1.44	1.69	1.62	1.74	1.77	1.31	1.78	1.39	1.24	1.09	0.74
Changes in Operating Assets and Liabilities, net	-1.10	-5.39	-2.97	-0.17	-0.69	-3.79	0.11	2.56	-0.52	1.54	5.19
Net Cash From Investing Activities	0.68	-3.14	-100	70	-7.52	-17	0.52	7.92	5.35	-6.42	2.30
Net Cash From Continuing Investing Activities	0.68	-3.14	-100	70	-7.52	-17	0.52	7.92	5.35	-6.42	2.30
Purchase of Property, Plant & Equipment	-0.78	-0.73	-0.69	-0.92	-1.30	-0.85	-0.87	-0.82	-0.99	-1.00	-0.96
Purchase of Investments	-1.66	-3.69	-0.03	-9.19	-28	-31	-23	-25	-18	-30	-30
Sale and/or Maturity of Investments	3.12	1.50	-0.00	80	21	15	33	34	24	24	33
Net Cash From Financing Activities	-1.55	0.29	-0.95	-3.54	-1.05	-1.03	-1.19	-0.63	-21	-0.46	-1.02
Net Cash From Continuing Financing Activities	-1.55	0.29	-0.95	-3.54	-1.05	-1.03	-1.19	-0.63	-21	-0.46	-1.02
Other Financing Activities, net	-1.55	0.29	0.26	-2.34	0.15	0.16	0.01	0.57	0.21	0.76	0.20
Cash Income Taxes Paid	0.50	0.11	1.48	1.07	3.05	0.10	1.65	1.47	0.09	0.00	1.23

This table presents Simulations Plus' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	8/31/2024	8/31/2023	8/31/2022
Total Assets	197	186	188
Total Current Assets	39	130	147
Cash & Equivalents	10	58	52
Short-Term Investments	9.94	58	77
Accounts Receivable	9.14	10	14
Prepaid Expenses	7.75	3.90	3.38
Current Deferred & Refundable Income Taxes	2.20	0.80	1.39
Plant, Property, & Equipment, net	0.81	0.67	0.63
Total Noncurrent Assets	156	55	41
Goodwill	96	19	13
Intangible Assets	59	33	26
Other Noncurrent Operating Assets	1.57	1.67	1.86
Total Liabilities & Shareholders' Equity	197	186	188
Total Liabilities	14	16	10
Total Current Liabilities	12	12	7.74
Accounts Payable	0.60	0.14	0.23
Accrued Expenses	2.04	0.66	0.93
Current Deferred Revenue	2.00	3.10	2.86
Current Employee Benefit Liabilities	4.51	4.39	3.25
Other Current Liabilities	2.92	3.69	0.46
Total Noncurrent Liabilities	2.14	4.09	2.40
Noncurrent Deferred & Payable Income Tax Liabilities	1.61	0.00	1.46
Other Noncurrent Operating Liabilities	0.53	4.09	0.94
Commitments & Contingencies	0.00	-	-
Total Equity & Noncontrolling Interests	182	170	178
Total Preferred & Common Equity	182	170	178
Preferred Stock	0.00	0.00	0.00
Total Common Equity	182	170	178
Common Stock	152	145	139
Retained Earnings	30	25	40
Accumulated Other Comprehensive Income / (Loss)	-0.25	-0.14	-0.31

This table presents Simulations Plus' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q2 2025	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023
Period end date	2/28/2025	11/30/2024	5/31/2024	2/29/2024	11/30/2023	5/31/2023	2/28/2023	11/30/2022
Total Assets	201	197	193	194	186	179	173	190
Total Current Assets	47	40	136	128	130	137	131	149
Cash & Equivalents	11	6.19	109	37	40	55	39	49
Short-Term Investments	10	12	9.88	71	74	67	76	82
Accounts Receivable	16	13	10	13	10	10	11	12
Prepaid Expenses	7.46	7.10	5.30	4.98	5.41	4.73	4.34	4.51
Current Deferred & Refundable Income Taxes	1.38	2.33	1.20	1.36	0.04	0.00	0.40	0.99
Plant, Property, & Equipment, net	0.80	0.82	0.88	0.84	0.49	0.70	0.82	0.68
Total Noncurrent Assets	154	156	56	65	56	41	41	41
Goodwill	96	96	19	19	19	13	13	13
Intangible Assets	56	58	33	33	33	27	26	26
Other Noncurrent Operating Assets	1.28	1.83	1.47	1.59	1.55	1.50	1.74	1.88
Total Liabilities & Shareholders' Equity	201	197	193	194	186	179	173	190
Total Liabilities	12	12	12	17	13	9.74	8.61	10
Total Current Liabilities	11	9.74	11	15	8.59	9.02	6.00	8.04
Accounts Payable	1.21	1.12	0.66	0.36	0.32	0.36	0.35	0.24
Accrued Expenses	1.40	0.58	0.89	2.99	0.73	0.55	0.54	1.91
Current Deferred Revenue	3.35	3.23	1.44	2.46	2.66	3.17	2.05	3.06
Current Employee Benefit Liabilities	4.43	1.88	4.11	3.18	2.17	3.82	2.64	2.38
Other Current Liabilities	0.31	2.93	4.22	5.54	2.71	0.33	0.43	0.45
Total Noncurrent Liabilities	1.18	2.48	0.51	2.41	4.85	0.72	2.61	2.30
Noncurrent Deferred & Payable Income Tax Liabilities	0.70	1.65	-	-	-	0.11	1.86	1.46
Other Noncurrent Operating Liabilities	0.48	0.84	0.51	2.41	4.85	0.61	0.75	0.84
Total Equity & Noncontrolling Interests	190	185	181	177	172	169	165	180
Total Preferred & Common Equity	190	185	181	177	172	169	165	180
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	190	185	181	177	172	169	165	180
Common Stock	156	154	150	148	147	144	138	140
Retained Earnings	34	31	31	29	26	26	27	40
Accumulated Other Comprehensive Income / (Loss)	-0.32	-0.29	-0.31	-0.21	-0.20	-0.13	-0.28	-0.26
Other Equity Adjustments	0.00	0.00	0.00	0.00	0.00	-	-	-

This table displays calculated financial ratios and metrics derived from Simulations Plus' official financial filings.

Metric	2024	2023	2022
Period end date	8/31/2024	8/31/2023	8/31/2022
Growth Metrics	-	-	-
Revenue Growth	17.52%	10.52%	16.01%
EBITDA Growth	17.77%	-29.29%	19.63%
EBIT Growth	6.12%	-22.63%	36.36%
NOPAT Growth	-33.83%	-39.65%	24.01%
Net Income Growth	-0.07%	-20.20%	27.61%
EPS Growth	0.00%	-18.33%	27.66%
Operating Cash Flow Growth	-39.06%	22.10%	-6.79%
Free Cash Flow Firm Growth	-3,667.76%	-35.74%	-42.39%
Invested Capital Growth	197.21%	9.10%	18.58%
Revenue Q/Q Growth	4.53%	7.00%	3.64%
EBITDA Q/Q Growth	15.91%	-7.79%	0.82%
EBIT Q/Q Growth	6.83%	-6.57%	4.54%
NOPAT Q/Q Growth	-15.37%	-7.71%	4.17%
Net Income Q/Q Growth	3.20%	-4.11%	10.37%
EPS Q/Q Growth	2.08%	-2.00%	3.45%
Operating Cash Flow Q/Q Growth	-9.49%	-18.21%	-1.90%
Free Cash Flow Firm Q/Q Growth	-1,033.86%	-82.14%	88.67%
Invested Capital Q/Q Growth	162.03%	16.04%	-9.21%
Profitability Metrics	-	-	-
Gross Margin	61.63%	80.48%	79.92%
EBITDA Margin	24.22%	24.17%	37.78%
Operating Margin	8.76%	14.64%	27.66%
EBIT Margin	17.73%	19.63%	28.04%
Profit (Net Income) Margin	14.22%	16.72%	23.16%
Tax Burden Percent	80.20%	85.17%	82.59%
Interest Burden Percent	100.00%	100.00%	100.00%
Effective Tax Rate	19.80%	14.83%	17.41%
Return on Invested Capital (ROIC)	4.54%	14.21%	26.72%
ROIC Less NNEP Spread (ROIC-NNEP)	-2.89%	12.14%	26.58%
Return on Net Nonoperating Assets (RNNOA)	1.11%	-8.49%	-19.46%
Return on Equity (ROE)	5.65%	5.72%	7.26%
Cash Return on Invested Capital (CROIC)	-94.76%	5.50%	9.72%
Operating Return on Assets (OROA)	6.49%	6.25%	8.21%
Return on Assets (ROA)	5.20%	5.32%	6.78%
Return on Common Equity (ROCE)	5.65%	5.72%	7.26%
Return on Equity Simple (ROE_SIMPLE)	5.46%	5.86%	7.00%
Net Operating Profit after Tax (NOPAT)	4.92	7.43	12
NOPAT Margin	7.02%	12.47%	22.84%
Net Nonoperating Expense Percent (NNEP)	7.42%	2.08%	0.13%
Cost of Revenue to Revenue	38.37%	19.52%	20.08%
SG&A Expenses to Revenue	31.92%	47.27%	37.26%
R&D to Revenue	8.22%	7.56%	5.95%
Operating Expenses to Revenue	52.88%	65.83%	52.26%
Earnings before Interest and Taxes (EBIT)	12	12	15
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	17	14	20
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	3.98	5.18	6.74
Price to Tangible Book Value (P/TBV)	26.36	7.46	8.63
Price to Revenue (P/Rev)	10.36	14.79	22.28
Price to Earnings (P/E)	72.86	88.45	96.21
Dividend Yield	0.66%	0.54%	0.40%
Earnings Yield	1.37%	1.13%	1.04%
Enterprise Value to Invested Capital (EV/IC)	4.35	14.03	21.45
Enterprise Value to Revenue (EV/Rev)	10.07	12.85	19.90
Enterprise Value to EBITDA (EV/EBITDA)	41.57	53.17	52.67
Enterprise Value to EBIT (EV/EBIT)	56.81	65.47	70.97
Enterprise Value to NOPAT (EV/NOPAT)	143.38	103.03	87.11
Enterprise Value to Operating Cash Flow (EV/OCF)	52.93	35.03	59.93
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	266.00	239.47
Leverage & Solvency	-	-	-
Debt to Equity	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00
Financial Leverage	-0.39	-0.70	-0.73
Leverage Ratio	1.09	1.08	1.07
Compound Leverage Factor	1.09	1.08	1.07
Debt to Total Capital	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	100.00%	100.00%
Debt to EBITDA	0.00	0.00	0.00
Net Debt to EBITDA	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00
Net Debt to NOPAT	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00
Altman Z-Score	31.58	34.37	72.84
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-
Current Ratio	3.26	10.88	18.98
Quick Ratio	2.44	10.48	18.36
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	-103	2.88	4.48
Operating Cash Flow to CapEx	354.26%	595.21%	450.88%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00
Efficiency Ratios	-	-	-
Asset Turnover	0.37	0.32	0.29
Accounts Receivable Turnover	7.24	4.97	4.56
Inventory Turnover	0.00	0.00	0.00
Fixed Asset Turnover	94.42	91.45	43.65
Accounts Payable Turnover	72.02	63.04	35.37
Days Sales Outstanding (DSO)	50.41	73.48	80.03
Days Inventory Outstanding (DIO)	0.00	0.00	0.00
Days Payable Outstanding (DPO)	5.07	5.79	10.32
Cash Conversion Cycle (CCC)	45.34	67.69	69.71
Capital & Investment Metrics	-	-	-
Invested Capital	162	55	50
Invested Capital Turnover	0.65	1.14	1.17
Increase / (Decrease) in Invested Capital	108	4.55	7.84
Enterprise Value (EV)	705	766	1,073
Market Capitalization	725	881	1,201
Book Value per Share	$9.12	$8.53	$8.81
Tangible Book Value per Share	$1.38	$5.93	$6.88
Total Capital	182	170	178
Total Debt	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00
Net Debt	-20	-115	-128
Capital Expenditures (CapEx)	3.76	3.67	3.97
Debt-free, Cash-free Net Working Capital (DFCFNWC)	7.02	2.92	11
Debt-free Net Working Capital (DFNWC)	27	118	139
Net Working Capital (NWC)	27	118	139
Net Nonoperating Expense (NNE)	-5.04	-2.53	-0.17
Net Nonoperating Obligations (NNO)	-20	-115	-128
Total Depreciation and Amortization (D&A)	4.55	2.71	5.25
Debt-free, Cash-free Net Working Capital to Revenue	10.02%	4.90%	20.07%
Debt-free Net Working Capital to Revenue	38.95%	198.71%	257.96%
Net Working Capital to Revenue	38.95%	198.71%	257.96%
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	$0.50	$0.50	$0.62
Adjusted Weighted Average Basic Shares Outstanding	19.99M	20.08M	20.20M
Adjusted Diluted Earnings per Share	$0.49	$0.49	$0.60
Adjusted Weighted Average Diluted Shares Outstanding	20.30M	20.47M	20.75M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	20.07M	19.94M	20.30M
Normalized Net Operating Profit after Tax (NOPAT)	4.92	7.43	12
Normalized NOPAT Margin	7.02%	12.47%	22.84%
Pre Tax Income Margin	17.73%	19.63%	28.04%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00
Payout Ratios	-	-	-
Dividend Payout Ratio	48.18%	48.28%	38.82%
Augmented Payout Ratio	48.18%	249.06%	38.82%

This table displays calculated financial ratios and metrics derived from Simulations Plus' official financial filings.

Metric	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022
Period end date	2/28/2025	11/30/2024	8/31/2024	5/31/2024	2/29/2024	11/30/2023	8/31/2023	5/31/2023	2/28/2023	11/30/2022	8/31/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	22.55%	30.51%	19.42%	14.23%	16.22%	21.20%	33.19%	8.52%	6.45%	-3.65%	19.24%
EBITDA Growth	-3.27%	-19.54%	327.89%	-11.98%	4.24%	26.56%	-63.16%	-9.25%	-18.84%	-53.85%	9.36%
EBIT Growth	-33.21%	-88.78%	1,150.72%	-21.26%	3.63%	48.70%	-92.26%	2.19%	-8.40%	-58.04%	277.97%
NOPAT Growth	-30.26%	-87.61%	48.85%	-54.39%	2.57%	14.87%	-393.96%	-20.51%	-23.92%	-77.29%	146.55%
Net Income Growth	-23.70%	-89.41%	57.87%	-21.73%	-3.47%	56.22%	-44.43%	-1.93%	-5.33%	-58.86%	553.30%
EPS Growth	-25.00%	-90.00%	33.33%	-25.00%	0.00%	66.67%	-25.00%	0.00%	-4.76%	-60.00%	100.00%
Operating Cash Flow Growth	-2.43%	-886.42%	-45.62%	-33.50%	4.85%	-96.56%	-61.40%	125.30%	113.36%	31.41%	-4.18%
Free Cash Flow Firm Growth	-1,450.72%	-1,088.67%	-1,510.66%	-217.27%	-428.79%	-139.09%	4.75%	316.23%	1,968.54%	-102.53%	-282.94%
Invested Capital Growth	182.58%	184.90%	197.21%	31.62%	20.83%	20.29%	9.10%	-14.63%	2.58%	10.14%	18.58%
Revenue Q/Q Growth	18.54%	1.39%	0.65%	1.31%	26.24%	-7.22%	-3.73%	3.07%	31.64%	1.96%	-21.56%
EBITDA Q/Q Growth	130.81%	-17.84%	-37.54%	-18.33%	92.01%	336.90%	-87.15%	-3.29%	133.13%	27.19%	-68.35%
EBIT Q/Q Growth	1,199.26%	-68.71%	-77.81%	-25.93%	118.29%	3,386.96%	-98.60%	-2.53%	213.23%	81.39%	-81.55%
NOPAT Q/Q Growth	2,372.07%	108.55%	-174.16%	-55.51%	339.09%	135.31%	-166.12%	0.05%	391.77%	-9.64%	-82.12%
Net Income Q/Q Growth	1,392.23%	-75.56%	-73.13%	-22.14%	107.15%	264.23%	-86.68%	-3.98%	235.26%	29.55%	-76.49%
EPS Q/Q Growth	1,400.00%	-75.00%	-73.33%	-25.00%	100.00%	233.33%	-85.00%	0.00%	233.33%	50.00%	-80.00%
Operating Cash Flow Q/Q Growth	544.98%	-176.56%	-70.72%	-2.17%	3,486.42%	-94.71%	-64.20%	54.27%	17.72%	-40.62%	108.94%
Free Cash Flow Firm Q/Q Growth	1.58%	0.70%	-714.43%	-94.81%	24.56%	-34.56%	-159.30%	446.20%	154.86%	46.39%	-34.60%
Invested Capital Q/Q Growth	0.98%	2.68%	162.03%	4.00%	1.81%	7.12%	16.04%	-4.52%	1.35%	-2.84%	-9.21%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	58.52%	53.99%	36.57%	71.49%	72.23%	67.92%	78.39%	81.76%	83.37%	77.67%	77.19%
EBITDA Margin	25.68%	13.19%	16.28%	26.23%	32.54%	21.39%	4.54%	34.04%	36.28%	20.49%	16.42%
Operating Margin	12.09%	0.67%	-6.17%	10.14%	24.27%	6.62%	-1.82%	25.24%	25.61%	7.34%	5.91%
EBIT Margin	15.64%	1.43%	4.62%	20.98%	28.69%	16.59%	0.44%	30.43%	32.18%	13.52%	7.60%
Profit (Net Income) Margin	13.70%	1.09%	4.52%	16.92%	22.01%	13.41%	3.42%	24.69%	26.50%	10.41%	8.19%
Tax Burden Percent	87.63%	76.30%	97.68%	80.64%	76.71%	80.84%	773.91%	81.13%	82.36%	76.95%	107.74%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	12.37%	23.70%	2.32%	19.36%	23.29%	19.16%	-673.91%	18.87%	17.64%	23.05%	-7.74%
Return on Invested Capital (ROIC)	7.31%	0.34%	-3.89%	10.06%	22.14%	6.21%	-16.02%	22.33%	23.60%	6.51%	7.45%
ROIC Less NNEP Spread (ROIC-NNEP)	6.31%	0.17%	-6.79%	8.71%	21.60%	5.26%	-18.27%	21.77%	22.89%	6.07%	7.28%
Return on Net Nonoperating Assets (RNNOA)	-2.39%	-0.06%	2.61%	-6.00%	-14.73%	-3.66%	12.78%	-15.36%	-16.29%	-4.45%	-5.33%
Return on Equity (ROE)	4.92%	0.27%	-1.28%	4.05%	7.41%	2.55%	-3.24%	6.97%	7.31%	2.06%	2.12%
Cash Return on Invested Capital (CROIC)	-92.78%	-92.31%	-94.76%	-16.63%	-4.80%	-4.37%	5.50%	31.56%	15.75%	11.86%	9.72%
Operating Return on Assets (OROA)	6.21%	0.56%	1.69%	7.56%	10.11%	5.48%	0.14%	9.28%	9.77%	3.89%	2.22%
Return on Assets (ROA)	5.45%	0.42%	1.65%	6.09%	7.75%	4.43%	1.09%	7.53%	8.05%	2.99%	2.40%
Return on Common Equity (ROCE)	4.92%	0.27%	-1.28%	4.05%	7.41%	2.55%	-3.24%	6.97%	7.31%	2.06%	2.12%
Return on Equity Simple (ROE_SIMPLE)	3.83%	4.45%	0.00%	5.33%	5.94%	6.19%	0.00%	6.13%	6.36%	5.94%	0.00%
Net Operating Profit after Tax (NOPAT)	2.38	0.10	-1.12	1.52	3.41	0.78	-2.20	3.32	3.32	0.68	0.75
NOPAT Margin	10.59%	0.51%	-6.02%	8.18%	18.62%	5.35%	-14.06%	20.48%	21.09%	5.65%	6.37%
Net Nonoperating Expense Percent (NNEP)	1.00%	0.17%	2.90%	1.34%	0.53%	0.95%	2.24%	0.56%	0.71%	0.45%	0.17%
Return On Investment Capital (ROIC_SIMPLE)	1.25%	0.05%	-	-	1.92%	0.45%	-	-	-	-	-
Cost of Revenue to Revenue	41.48%	46.01%	63.43%	28.51%	27.77%	32.08%	21.61%	18.24%	16.63%	22.33%	22.81%
SG&A Expenses to Revenue	20.31%	28.50%	18.61%	41.40%	30.14%	39.19%	62.70%	40.34%	38.41%	48.18%	23.14%
R&D to Revenue	9.55%	9.77%	10.31%	7.01%	7.17%	8.39%	6.88%	5.82%	8.36%	9.75%	6.55%
Operating Expenses to Revenue	46.43%	53.33%	42.73%	61.35%	47.96%	61.30%	80.20%	56.52%	57.75%	70.34%	71.27%
Earnings before Interest and Taxes (EBIT)	3.51	0.27	0.86	3.89	5.25	2.41	0.07	4.94	5.07	1.62	0.89
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	5.76	2.50	3.04	4.86	5.96	3.10	0.71	5.53	5.71	2.45	1.93
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.07	3.45	3.98	5.32	4.67	4.52	5.18	5.18	4.66	4.53	6.74
Price to Tangible Book Value (P/TBV)	15.77	20.68	26.36	7.47	6.62	6.48	7.46	6.76	6.11	5.79	8.63
Price to Revenue (P/Rev)	7.41	8.56	10.36	14.37	12.78	12.53	14.79	15.75	14.09	15.26	22.28
Price to Earnings (P/E)	80.20	77.61	72.86	99.80	78.57	72.99	88.45	84.44	73.24	76.20	96.21
Dividend Yield	0.83%	0.76%	0.66%	0.50%	0.58%	0.61%	0.54%	0.55%	0.64%	0.60%	0.40%
Earnings Yield	1.25%	1.29%	1.37%	1.00%	1.27%	1.37%	1.13%	1.18%	1.37%	1.31%	1.04%
Enterprise Value to Invested Capital (EV/IC)	3.34	3.72	4.35	13.63	11.91	11.37	14.03	16.05	13.22	14.08	21.45
Enterprise Value to Revenue (EV/Rev)	7.14	8.32	10.07	12.60	10.96	10.69	12.85	13.56	11.97	12.79	19.90
Enterprise Value to EBITDA (EV/EBITDA)	34.71	37.87	41.57	57.66	46.34	44.13	53.17	48.33	40.25	39.07	52.67
Enterprise Value to EBIT (EV/EBIT)	65.75	60.28	56.81	72.62	55.95	53.22	65.47	60.30	52.47	53.11	70.97
Enterprise Value to NOPAT (EV/NOPAT)	184.77	146.25	143.38	145.20	92.65	88.32	103.03	93.74	73.19	68.59	87.11
Enterprise Value to Operating Cash Flow (EV/OCF)	47.76	52.12	52.93	57.33	40.32	38.37	35.03	28.25	29.64	35.95	59.93
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	266.00	46.84	85.01	124.43	239.47
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.38	-0.37	-0.39	-0.69	-0.68	-0.70	-0.70	-0.71	-0.71	-0.73	-0.73
Leverage Ratio	1.08	1.07	1.09	1.06	1.07	1.07	1.08	1.05	1.06	1.07	1.07
Compound Leverage Factor	1.08	1.07	1.09	1.06	1.07	1.07	1.08	1.05	1.06	1.07	1.07
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	30.31	32.09	31.38	50.23	30.61	36.10	34.17	55.48	54.93	48.81	72.59
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	4.37	4.15	3.26	11.98	8.81	15.10	10.88	15.22	21.91	18.50	18.98
Quick Ratio	3.54	3.18	2.44	11.41	8.37	14.47	10.48	14.70	21.12	17.82	18.36
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-106	-108	-109	-13	-6.85	-9.08	-6.75	11	2.08	-3.80	-7.09
Operating Cash Flow to CapEx	731.48%	-175.72%	241.16%	619.17%	446.58%	19.04%	353.76%	1,047.55%	560.83%	469.29%	822.30%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.40	0.39	0.37	0.36	0.35	0.33	0.32	0.30	0.30	0.29	0.29
Accounts Receivable Turnover	5.31	6.43	7.24	6.58	5.28	5.64	4.97	3.87	4.12	4.54	4.56
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	95.63	113.99	94.42	84.62	77.68	106.27	91.45	85.14	74.73	35.39	43.65
Accounts Payable Turnover	44.87	43.03	72.02	36.26	45.28	49.05	63.04	27.92	27.56	83.56	35.37
Days Sales Outstanding (DSO)	68.78	56.76	50.41	55.47	69.18	64.77	73.48	94.40	88.68	80.31	80.03
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	8.13	8.48	5.07	10.07	8.06	7.44	5.79	13.08	13.25	4.37	10.32
Cash Conversion Cycle (CCC)	60.64	48.28	45.34	45.40	61.11	57.33	67.69	81.32	75.43	75.94	69.71
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	168	167	162	62	60	58	55	47	49	49	50
Invested Capital Turnover	0.69	0.66	0.65	1.23	1.19	1.16	1.14	1.09	1.12	1.15	1.17
Increase / (Decrease) in Invested Capital	109	108	108	15	10	9.86	4.55	-8.06	1.24	4.48	7.84
Enterprise Value (EV)	561	619	705	844	709	664	766	755	651	684	1,073
Market Capitalization	582	638	725	963	826	778	881	877	767	815	1,201
Book Value per Share	$9.43	$9.20	$9.12	$9.05	$8.87	$8.64	$8.53	$8.47	$8.10	$8.87	$8.81
Tangible Book Value per Share	$1.84	$1.54	$1.38	$6.45	$6.25	$6.02	$5.93	$6.49	$6.17	$6.94	$6.88
Total Capital	190	185	182	181	177	172	170	169	165	180	178
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-21	-18	-20	-119	-118	-114	-115	-122	-115	-132	-128
Capital Expenditures (CapEx)	0.78	0.73	0.69	0.92	1.30	0.85	0.87	0.82	0.99	1.00	0.96
Debt-free, Cash-free Net Working Capital (DFCFNWC)	15	12	7.02	5.33	4.93	7.21	2.92	5.92	10	9.16	11
Debt-free Net Working Capital (DFNWC)	36	31	27	124	113	121	118	128	125	141	139
Net Working Capital (NWC)	36	31	27	124	113	121	118	128	125	141	139
Net Nonoperating Expense (NNE)	-0.70	-0.11	-1.97	-1.62	-0.62	-1.17	-2.73	-0.68	-0.85	-0.57	-0.21
Net Nonoperating Obligations (NNO)	-21	-18	-20	-119	-118	-114	-115	-122	-115	-132	-128
Total Depreciation and Amortization (D&A)	2.25	2.23	2.18	0.97	0.70	0.70	0.64	0.59	0.65	0.83	1.04
Debt-free, Cash-free Net Working Capital to Revenue	18.63%	16.78%	10.02%	7.96%	7.62%	11.61%	4.90%	10.64%	18.62%	17.14%	20.07%
Debt-free Net Working Capital to Revenue	45.85%	41.19%	38.95%	185.58%	175.40%	194.97%	198.71%	230.39%	230.62%	263.21%	257.96%
Net Working Capital to Revenue	45.85%	41.19%	38.95%	185.58%	175.40%	194.97%	198.71%	230.39%	230.62%	263.21%	257.96%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.15	$0.01	$0.04	$0.16	$0.20	$0.10	$0.03	$0.20	$0.21	$0.06	$0.05
Adjusted Weighted Average Basic Shares Outstanding	20.10M	20.07M	19.99M	20.00M	19.98M	19.95M	20.08M	19.97M	20.11M	20.29M	20.20M
Adjusted Diluted Earnings per Share	$0.15	$0.01	$0.04	$0.15	$0.20	$0.10	$0.03	$0.20	$0.20	$0.06	$0.04
Adjusted Weighted Average Diluted Shares Outstanding	20.28M	20.27M	20.30M	20.43M	20.32M	20.28M	20.47M	20.36M	20.53M	20.83M	20.75M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	20.11M	20.09M	20.07M	20.01M	19.98M	19.97M	19.94M	19.93M	20.00M	20.33M	20.30M
Normalized Net Operating Profit after Tax (NOPAT)	2.38	0.10	-1.12	1.52	3.41	0.78	-0.20	3.32	3.32	0.68	0.49
Normalized NOPAT Margin	10.59%	0.51%	-6.02%	8.18%	18.62%	5.35%	-1.27%	20.48%	21.09%	5.65%	4.14%
Pre Tax Income Margin	15.64%	1.43%	4.62%	20.98%	28.69%	16.59%	0.44%	30.43%	32.18%	13.52%	7.60%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	33.09%	43.82%	48.18%	49.66%	45.55%	44.90%	48.28%	46.47%	46.23%	45.37%	38.82%
Augmented Payout Ratio	33.09%	43.82%	48.18%	49.66%	45.55%	44.90%	249.06%	239.00%	237.31%	45.37%	38.82%

Frequently Asked Questions About Simulations Plus' Financials

When does Simulations Plus's financial year end?

According to the most recent income statement we have on file, Simulations Plus' fiscal year ends in August. Their fiscal year 2024 ended on August 31, 2024.

How has Simulations Plus' net income changed over the last 2 years?

Simulations Plus' net income appears to be on a downward trend, with a most recent value of $9.95 million in 2024, falling from $12.48 million in 2022. The previous period was $9.96 million in 2023. View Simulations Plus' forecast to see where analysts expect Simulations Plus to go next.

What is Simulations Plus's operating income?

Simulations Plus's total operating income in 2024 was $6.13 million, based on the following breakdown:

Total Gross Profit: $43.15 million
Total Operating Expenses: $37.02 million

How has Simulations Plus revenue changed over the last 2 years?

Over the last 2 years, Simulations Plus' total revenue changed from $53.91 million in 2022 to $70.01 million in 2024, a change of 29.9%.

How much debt does Simulations Plus have?

Simulations Plus' total liabilities were at $14.21 million at the end of 2024, a 11.6% decrease from 2023, and a 40.2% increase since 2022.

How much cash does Simulations Plus have?

In the past 2 years, Simulations Plus' cash and equivalents has ranged from $10.31 million in 2024 to $57.52 million in 2023, and is currently $10.31 million as of their latest financial filing in 2024.

How has Simulations Plus' book value per share changed over the last 2 years?

Over the last 2 years, Simulations Plus' book value per share changed from 8.81 in 2022 to 9.12 in 2024, a change of 3.5%.

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This page (NASDAQ:SLP) was last updated on 5/21/2025 by MarketBeat.com Staff

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Simulations Plus (SLP) Financials

Frequently Asked Questions About Simulations Plus' Financials

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Simulations Plus (SLP) Financials

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