NASDAQ : SLP
Simulations Plus, Inc. — Financial statements
Healthcare · Health Information Services · United States
Last price 18.5 USD (At close: Oct 5, 2026) · Market cap 374.16M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Simulations Plus, Inc. (SLP) reported revenue of 82.06M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year September - August; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 82.06M | 79.18M | 70.01M | 59.58M | 53.91M | 46.47M |
| Cost of Revenue | 30.05M | 32.96M | 26.86M | 11.63M | 10.82M | 10.60M |
| Gross Profit | 52.01M | 46.22M | 43.15M | 47.95M | 43.08M | 35.87M |
| Selling, General & Admin | 27.87M | 32.15M | 28.67M | 30.92M | 24.66M | 20.57M |
| Research & Development | 11.53M | 6.88M | 5.75M | 4.50M | 3.21M | 4.05M |
| Operating Expenses | 39.40M | 39.03M | 34.42M | 35.42M | 27.87M | 24.61M |
| Operating Income | 12.60M | 7.19M | 8.73M | 12.53M | 15.21M | 11.25M |
| Interest Expense | -22.00K | |||||
| Interest & Investment Income | 1.14M | 722.00K | 4.38M | 4.13M | 717.00K | 201.00K |
| Currency Exchange Gain (Loss) | -94.00K | 13.00K | 386.00K | -475.00K | -231.00K | 139.00K |
| EBT Excluding Unusual Items | 13.64M | 7.93M | 13.49M | 16.18M | 15.70M | 11.57M |
| Merger & Restructuring Charges | -1.10M | -700.00K | -2.60M | -3.30M | -300.00K | |
| Impairment of Goodwill | -51.63M | -51.63M | ||||
| Gain (Loss) on Sale of Investments | -120.00K | |||||
| Gain (Loss) on Sale of Assets | 6.00K | -23.00K | -6.00K | 1.00K | ||
| Asset Writedown | 51.63M | -25.59M | -500.00K | |||
| Other Unusual Items | 640.00K | 1.64M | -680.00K | -283.00K | -486.00K | |
| Pretax Income | 12.55M | -69.38M | 12.41M | 11.70M | 15.12M | 11.09M |
| Income Tax Expense | 4.45M | -4.66M | 2.46M | 1.73M | 2.63M | 1.30M |
| Net Income | 8.11M | -64.72M | 9.95M | 9.96M | 12.48M | 9.78M |
| Net Income to Common | 8.11M | -64.72M | 9.95M | 9.96M | 12.48M | 9.78M |
| Shares Outstanding (Basic) | 20.16M | 20.10M | 19.99M | 20.07M | 20.20M | 20.05M |
| Shares Outstanding (Diluted) | 20.21M | 20.10M | 20.30M | 20.46M | 20.75M | 20.74M |
| EPS (Basic) | 0.40 | -3.22 | 0.50 | 0.50 | 0.62 | 0.49 |
| EPS (Diluted) | 0.40 | -3.22 | 0.49 | 0.49 | 0.60 | 0.47 |
| Free Cash Flow | 24.54M | 17.41M | 12.75M | 21.40M | 17.08M | 17.58M |
| Free Cash Flow Per Share | 1.21 | 0.87 | 0.63 | 1.05 | 0.82 | 0.85 |
| Dividend Per Share | 0.24 | 0.24 | 0.24 | 0.24 | ||
| Gross Margin | 63.38% | 58.38% | 61.63% | 80.48% | 79.92% | 77.19% |
| Operating Margin | 15.36% | 9.08% | 12.47% | 21.02% | 28.22% | 24.22% |
| Profit Margin | 9.88% | -81.74% | 14.22% | 16.72% | 23.16% | 21.05% |
| Free Cash Flow Margin | 29.90% | 21.99% | 18.22% | 35.93% | 31.69% | 37.83% |
| EBITDA | 15.02M | 12.30M | 12.30M | 14.87M | 17.59M | 13.44M |
| EBITDA Margin | 18.30% | 15.54% | 17.56% | 24.95% | 32.62% | 28.93% |
| D&A For EBITDA | 2.42M | 5.11M | 3.56M | 2.34M | 2.37M | 2.19M |
| EBIT | 12.60M | 7.19M | 8.73M | 12.53M | 15.21M | 11.25M |
| EBIT Margin | 15.36% | 9.08% | 12.47% | 21.02% | 28.22% | 24.22% |
| Effective Tax Rate | 35.42% | 19.80% | 14.83% | 17.41% | 11.76% | |
| Revenue as Reported | 82.06M | 79.18M | 70.01M | 59.58M | 53.91M | 46.47M |
Balance sheet
Fiscal year September - August; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 35.32M | 30.85M | 10.31M | 57.52M | 51.57M | 36.98M |
| Short-Term Investments | 14.67M | 1.50M | 9.94M | 57.94M | 76.67M | 86.62M |
| Cash & Short-Term Investments | 49.99M | 32.35M | 20.25M | 115.46M | 128.24M | 123.60M |
| Receivables | 22.00M | 14.62M | 15.04M | 10.20M | 15.49M | 13.05M |
| Prepaid Expenses | 2.87M | 2.80M | 1.85M | 3.90M | 1.68M | 1.65M |
| Other Current Assets | 263.00K | 1.78M | 2.20M | 804.00K | 1.39M | 1.01M |
| Total Current Assets | 75.12M | 51.55M | 39.34M | 130.37M | 146.79M | 139.31M |
| Property, Plant & Equipment | 908.00K | 1.29M | 1.84M | 1.92M | 2.05M | 3.11M |
| Goodwill | 43.72M | 43.72M | 96.08M | 19.10M | 12.92M | 12.92M |
| Other Intangible Assets | 27.67M | 29.21M | 58.84M | 32.85M | 26.18M | 24.58M |
| Long-Term Deferred Tax Assets | 4.17M | 4.77M | 1.44M | |||
| Other Long-Term Assets | 1.39M | 1.40M | 542.00K | 425.00K | 439.00K | 51.00K |
| Total Assets | 152.98M | 131.94M | 196.64M | 186.10M | 188.38M | 179.98M |
| Accounts Payable | 2.23M | 470.00K | 602.00K | 144.00K | 225.00K | 387.00K |
| Accrued Expenses | 5.94M | 3.35M | 6.56M | 5.05M | 4.18M | 5.60M |
| Current Portion of Leases | 112.00K | 206.00K | 475.00K | 442.00K | 461.00K | 382.00K |
| Current Unearned Revenue | 5.28M | 2.70M | 2.00M | 3.10M | 2.86M | 651.00K |
| Other Current Liabilities | 2.44M | 3.25M | 4.55M | |||
| Total Current Liabilities | 13.57M | 6.72M | 12.07M | 11.99M | 7.74M | 11.57M |
| Long-Term Leases | 375.00K | 410.00K | 531.00K | 755.00K | 943.00K | 896.00K |
| Long-Term Deferred Tax Liabilities | 1.61M | 1.46M | 1.73M | |||
| Other Long-Term Liabilities | 3.33M | |||||
| Total Liabilities | 13.94M | 7.13M | 14.21M | 16.07M | 10.13M | 14.20M |
| Common Stock | 20.00K | 20.00K | 20.00K | 144.97M | 138.51M | 133.42M |
| Additional Paid-In Capital | 164.86M | 159.42M | 152.31M | |||
| Retained Earnings | -25.58M | -34.36M | 30.35M | 25.20M | 40.04M | 32.41M |
| Comprehensive Income & Other | -270.00K | -271.00K | -251.00K | -141.00K | -308.00K | -43.00K |
| Shareholders' Equity | 139.03M | 124.80M | 182.43M | 170.03M | 178.25M | 165.78M |
| Total Liabilities & Equity | 152.98M | 131.94M | 196.64M | 186.10M | 188.38M | 179.98M |
| Total Debt | 487.00K | 616.00K | 1.01M | 1.20M | 1.40M | 1.28M |
| Net Cash (Debt) | 49.50M | 31.74M | 19.25M | 114.27M | 126.83M | 122.33M |
| Net Cash Per Share | 2.45 | 1.58 | 0.95 | 5.58 | 6.11 | 5.90 |
| Filing Date Shares Outstanding | 20.22M | 20.14M | 20.07M | 19.94M | 20.30M | 20.15M |
| Total Common Shares Outstanding | 20.22M | 20.14M | 20.05M | 19.94M | 20.26M | 20.14M |
| Working Capital | 61.56M | 44.82M | 27.27M | 118.39M | 139.06M | 127.74M |
| Book Value Per Share | 6.88 | 6.20 | 9.10 | 8.53 | 8.80 | 8.23 |
| Tangible Book Value | 67.64M | 51.87M | 27.51M | 118.08M | 139.15M | 128.28M |
| Tangible Book Value Per Share | 3.35 | 2.58 | 1.37 | 5.92 | 6.87 | 6.37 |
| Machinery | 1.45M | 1.40M | 1.17M | 1.27M | 935.00K | |
| Construction In Progress | 134.00K | 1.30M | ||||
| Leasehold Improvements | 10.00K | 20.00K | 24.00K | 13.00K | 13.00K |
Cash flow statement
Fiscal year September - August; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 8.11M | -64.72M | 9.95M | 9.96M | 12.48M | 9.78M |
| Depreciation & Amortization | 2.42M | 5.11M | 3.56M | 2.34M | 2.37M | 2.19M |
| Other Amortization | 3.20M | 3.10M | 2.10M | 1.50M | 1.20M | 1.40M |
| Loss (Gain) From Sale of Assets | 69.00K | 23.00K | 6.00K | |||
| Asset Writedown & Restructuring Costs | 77.22M | 500.00K | ||||
| Loss (Gain) From Sale of Investments | 7.00K | -64.00K | -1.12M | -1.13M | 1.68M | 2.35M |
| Stock-Based Compensation | 6.42M | 6.35M | 6.54M | 4.83M | 3.04M | 2.75M |
| Other Operating Activities | 3.28M | -6.32M | -3.51M | -1.25M | -252.00K | -243.00K |
| Change in Accounts Receivable | -2.42M | -581.00K | 3.13M | 4.10M | -3.94M | -2.43M |
| Change in Accounts Payable | 571.00K | -132.00K | -477.00K | -81.00K | -162.00K | 39.00K |
| Change in Unearned Revenue | 934.00K | 700.00K | -2.56M | 176.00K | 2.21M | 210.00K |
| Change in Income Taxes | 691.00K | 420.00K | -1.39M | 580.00K | -379.00K | -42.00K |
| Change in Other Net Operating Assets | 1.68M | -2.99M | -2.91M | 331.00K | -356.00K | 3.20M |
| Operating Cash Flow | 24.94M | 18.13M | 13.32M | 21.86M | 17.90M | 19.20M |
| Capital Expenditures | -403.00K | -713.00K | -566.00K | -453.00K | -819.00K | -1.63M |
| Cash Acquisitions | -227.00K | -98.77M | -8.22M | |||
| Sale (Purchase) of Intangibles | -2.88M | -3.01M | -3.73M | -3.82M | -3.15M | -2.95M |
| Investment in Securities | -13.19M | 8.51M | 49.11M | 19.86M | 8.28M | -22.17M |
| Other Investing Activities | -690.00K | -1.00M | ||||
| Investing Cash Flow | -17.16M | 3.56M | -53.97M | 7.37M | 4.30M | -26.74M |
| Issuance of Common Stock | 593.00K | 430.00K | 731.00K | 1.54M | 891.00K | 1.46M |
| Repurchase of Common Stock | -20.00M | |||||
| Common Dividends Paid | -4.80M | -4.81M | -4.85M | -4.81M | ||
| Other Financing Activities | -1.58M | -2.50M | -3.67M | -1.33M | ||
| Financing Cash Flow | 593.00K | -1.15M | -6.57M | -23.27M | -7.62M | -4.68M |
| Net Cash Flow | 8.37M | 20.54M | -47.21M | 5.96M | 14.58M | -12.22M |
| Free Cash Flow | 24.54M | 17.41M | 12.75M | 21.40M | 17.08M | 17.58M |
| Free Cash Flow Margin | 29.90% | 21.99% | 18.22% | 35.93% | 31.69% | 37.83% |
| Free Cash Flow Per Share | 1.21 | 0.87 | 0.63 | 1.05 | 0.82 | 0.85 |
| Levered Free Cash Flow | 18.41M | 10.15M | 9.23M | 20.14M | 5.38M | 12.30M |
| Unlevered Free Cash Flow | 18.41M | 10.15M | 9.23M | 20.14M | 5.38M | 12.32M |
| Cash Income Tax Paid | 896.00K | 1.16M | 5.69M | 3.20M | 3.23M | 1.86M |
| Change in Working Capital | 1.45M | -2.59M | -4.21M | 5.10M | -2.62M | 974.00K |
Ratios
Fiscal year September - August; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 374.16M | 285.20M | 725.28M | 886.54M | 1.22B | 891.89M |
| Enterprise Value | 324.66M | 257.47M | 607.24M | 765.12M | 1.09B | 773.53M |
| Last Close Price | 18.50 | 14.17 | 36.25 | 44.22 | 59.35 | 43.55 |
| PE Ratio | 46.33 | 72.86 | 89.00 | 97.34 | 91.18 | |
| Forward PE | 44.05 | 47.23 | 73.45 | 62.95 | 85.79 | 80.55 |
| PS Ratio | 4.56 | 3.60 | 10.36 | 14.88 | 22.54 | 19.19 |
| PB Ratio | 2.69 | 2.29 | 3.98 | 5.21 | 6.82 | 5.38 |
| P/TBV Ratio | 5.53 | 5.50 | 26.36 | 7.51 | 8.73 | 6.95 |
| P/FCF Ratio | 15.25 | 16.38 | 56.87 | 41.42 | 71.14 | 50.74 |
| P/OCF Ratio | 15.00 | 15.73 | 54.45 | 40.56 | 67.89 | 46.45 |
| PEG Ratio | 3.14 | 4.90 | 4.20 | 4.90 | 5.37 | |
| EV/Sales Ratio | 3.96 | 3.25 | 8.67 | 12.84 | 20.30 | 16.65 |
| EV/EBITDA Ratio | 21.62 | 20.93 | 49.38 | 51.47 | 62.22 | 57.54 |
| EV/EBIT Ratio | 25.76 | 35.80 | 69.55 | 61.09 | 71.94 | 68.74 |
| EV/FCF Ratio | 13.23 | 14.79 | 47.61 | 35.75 | 64.06 | 44.01 |
| Debt / Equity Ratio | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Debt / EBITDA Ratio | 0.03 | 0.05 | 0.08 | 0.08 | 0.08 | 0.09 |
| Debt / FCF Ratio | 0.02 | 0.04 | 0.08 | 0.06 | 0.08 | 0.07 |
| Net Debt / Equity Ratio | -0.36 | -0.25 | -0.11 | -0.67 | -0.71 | -0.74 |
| Net Debt / EBITDA Ratio | -3.30 | -2.58 | -1.56 | -7.69 | -7.21 | -9.10 |
| Net Debt / FCF Ratio | -2.02 | -1.82 | -1.51 | -5.34 | -7.42 | -6.96 |
| Asset Turnover | 0.57 | 0.48 | 0.37 | 0.32 | 0.29 | 0.27 |
| Quick Ratio | 5.31 | 6.98 | 2.92 | 10.48 | 18.58 | 11.81 |
| Current Ratio | 5.54 | 7.67 | 3.26 | 10.88 | 18.98 | 12.04 |
| Return on Equity (ROE) | 6.17% | -42.13% | 5.65% | 5.72% | 7.26% | 6.08% |
| Return on Assets (ROA) | 5.48% | 2.74% | 2.85% | 4.18% | 5.16% | 4.04% |
| Return on Invested Capital (ROIC) | 8.94% | 5.61% | 6.40% | 19.91% | 26.48% | 23.53% |
| Return on Capital Employed (ROCE) | 9.00% | 5.70% | 4.70% | 7.20% | 8.40% | 6.70% |
| Earnings Yield | 2.17% | -22.69% | 1.37% | 1.12% | 1.03% | 1.10% |
| FCF Yield | 6.56% | 6.11% | 1.76% | 2.41% | 1.41% | 1.97% |
| Dividend Yield | 0.66% | 0.54% | 0.40% | 0.55% | ||
| Payout Ratio | 48.18% | 48.28% | 38.82% | 49.18% | ||
| Buyback Yield / Dilution | -0.65% | 0.98% | 0.80% | 1.37% | -0.03% | -11.89% |
| Total Shareholder Return | -0.65% | 0.98% | 1.46% | 1.91% | 0.38% | -11.34% |