Simulations Plus, Inc. (SLP) Financial Statements (2024 and earlier)

Company Profile

Business Address 42505 10TH STREET WEST
LANCASTER, CA 93534-7059
State of Incorp.
Fiscal Year End August 31
Industry (SIC) 7373 - Computer Integrated Systems Design (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

8/31/2023
11/30/2022
MRQ
8/31/2022
8/31/2021
8/31/2020
8/31/2019
8/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments131,531128,235123,604116,01111,4359,401
Cash and cash equivalents49,39251,56736,98449,20711,4359,401
Short-term investments82,13976,66886,62066,804  
Receivables11,69913,7879,8517,4225,0275,515
Prepaid expense9921,3911,012970765313
Business combination, contingent consideration, asset   3,217 1,761 
Other undisclosed current assets4,5123,3771,6294,6892,1772,596
Total current assets:148,734146,790139,313129,09121,16517,824
Noncurrent Assets
Operating lease, right-of-use asset1,3051,4201,276927 
Property, plant and equipment6826321,838438341335
Intangible assets, net (including goodwill)12,92112,92123,39024,81915,41316,293
Goodwill12,92112,92112,92112,92110,38710,387
Intangible assets, net (excluding goodwill)   10,46911,8985,0265,905
Deferred income tax assets     
Other noncurrent assets57043951513737
Other undisclosed noncurrent assets26,24926,18014,11013,0968,2408,790
Total noncurrent assets:41,72741,59240,66539,33024,03225,455
TOTAL ASSETS:190,461188,382179,978168,42245,19743,279
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities4,5274,4105,9912,6011,8431,504
Employee-related liabilities2,3793,2545,6042,2511,6391,152
Accounts payable238225387350204352
Accrued liabilities1,910931    
Deferred revenue3,0642,864534299381
Debt      2,557
Other undisclosed current liabilities4484615,0492,6042,560767
Total current liabilities:8,0397,73511,5745,5054,7834,827
Noncurrent Liabilities
Long-term debt and lease obligation:  943896463  
Liabilities, other than long-term debt2,3001,4561,7262,354 3,195
Deferred tax liabilities, net3,195
Deferred income tax liabilities 1,4561,4561,7262,354 
Operating lease, liability844943896463 
Other undisclosed noncurrent liabilities   4,0642,7323,334
Total noncurrent liabilities:2,3002,3992,6226,8812,7326,529
Total liabilities:10,33910,13414,19612,3867,51511,356
Equity
Equity, attributable to parent, including:180,122178,248165,782156,03637,68231,923
Common stock1111101087
Additional paid in capital    128,53115,31913,454
Accumulated other comprehensive income (loss)(255)(308)(43)58  
Retained earnings40,07140,04432,40727,43622,35518,462
Other undisclosed equity, attributable to parent140,295138,501133,408   
Total equity:180,122178,248165,782156,03637,68231,923
TOTAL LIABILITIES AND EQUITY:190,461188,382179,978168,42245,19743,279

Income Statement (P&L) ($ in thousands)

8/31/2023
11/30/2022
TTM
8/31/2022
8/31/2021
8/31/2020
8/31/2019
8/31/2018
Revenues53,45353,90646,46641,58933,97029,667
Cost of revenue(10,737)(10,822)(10,600)(10,649)(9,026)(7,994)
Gross profit:42,71643,08435,86630,94024,94521,672
Operating expenses(30,718)(28,173)(24,613)(19,335)(14,296)(11,375)
Operating income:11,99814,91111,25311,60510,64910,298
Nonoperating income (expense)879204(168)(218)(92)(159)
Gain (loss), foreign currency transaction, before tax(383)(231)139(45)(17) 
Other nonoperating expense      (159)
Interest and debt expense   (22) (109)(153)
Other undisclosed income from continuing operations before equity method investments, income taxes   22 109153
Income from continuing operations before income taxes:12,87715,11511,08511,38710,55610,139
Income tax expense(2,175)(2,632)(1,303)(2,055)(1,973)(1,204)
Income from continuing operations:10,70212,4839,7829,3328,5838,935
Income before gain (loss) on sale of properties:9,45712,4839,7829,3328,5838,935
Other undisclosed net loss (830)     
Net income:9,87212,4839,7829,3328,5838,935
Other undisclosed net income attributable to parent 830     
Net income available to common stockholders, diluted:10,70212,4839,7829,3328,5838,935

Comprehensive Income ($ in thousands)

8/31/2023
11/30/2022
TTM
8/31/2022
8/31/2021
8/31/2020
8/31/2019
8/31/2018
Net income:9,87212,4839,7829,3328,5838,935
Comprehensive income:9,87212,4839,7829,3328,5838,935
Other undisclosed comprehensive income (loss), net of tax, attributable to parent855(265)(101)58  
Comprehensive income, net of tax, attributable to parent:10,72712,2189,6819,3918,5838,935

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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