Simulations Plus, Inc. (SLP)

Simulations Plus Income Statement

Financials in millions USD. Fiscal year is September - August.

Year	2023	2022	2021	2020	2019
Revenue	59.58	53.91	46.47	41.59	33.97
Revenue Growth (YoY)	10.52%	16.01%	11.73%	22.43%	14.51%
Cost of Revenue	11.63	10.82	10.6	10.65	9.03
Gross Profit	47.95	43.08	35.87	30.94	24.94
Selling, General & Admin	34.72	24.97	20.57	16.36	11.8
Research & Development	4.5	3.21	4.05	2.98	2.5
Operating Expenses	39.22	28.17	24.61	19.34	14.3
Operating Income	8.73	14.91	11.25	11.61	10.65
Other Expense / Income	-2.97	-0.2	0.17	0.22	0.09
Pretax Income	11.7	15.12	11.09	11.39	10.56
Income Tax	1.73	2.63	1.3	2.06	1.97
Net Income	9.96	12.48	9.78	9.33	8.58
Net Income Growth	-20.20%	27.61%	4.82%	8.73%	-3.94%
Shares Outstanding (Basic)	20	20	20	18	17
Shares Outstanding (Diluted)	20	21	21	19	18
Shares Change	-1.37%	0.03%	11.89%	2.66%	1.10%
EPS (Basic)	0.50	0.62	0.49	0.52	0.49
EPS (Diluted)	0.49	0.60	0.47	0.50	0.48
EPS Growth	-18.33%	27.66%	-6.00%	4.17%	-4.00%
Free Cash Flow	18.18	13.93	14.63	8.33	9.68
Free Cash Flow Per Share	0.91	0.69	0.73	0.47	0.55
Dividend Per Share	0.240	0.240	0.240	0.240	0.240
Gross Margin	80.48%	79.92%	77.19%	74.39%	73.43%
Operating Margin	14.64%	27.66%	24.22%	27.90%	31.35%
Profit Margin	16.72%	23.16%	21.05%	22.44%	25.27%
Free Cash Flow Margin	30.52%	25.84%	31.48%	20.02%	28.50%
Effective Tax Rate	14.83%	17.41%	11.75%	18.05%	18.69%
EBITDA	15.54	18.69	14.68	14.35	13.31
EBITDA Margin	26.08%	34.67%	31.58%	34.50%	39.17%
Depreciation & Amortization	3.84	3.57	3.59	2.96	2.75
EBIT	11.7	15.12	11.09	11.39	10.56
EBIT Margin	19.63%	28.04%	23.86%	27.38%	31.07%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).