Simulations Plus, Inc. (SLP) financial statements (2022 and earlier)

Company profile

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

Balance sheet (Statement of financial position) ($ in thousands)

11/30/2021
TTM
8/31/2021
8/31/2020
8/31/2019
8/31/2018
8/31/2017
8/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments124,340123,604116,01111,4359,4016,2168,030
Cash and cash equivalents41,68036,98449,20711,4359,4016,2168,030
Short-term investments82,66086,62066,804    
Receivables11,8239,8517,4225,0275,5154,0493,010
Prepaid expense5841,012970765313462555
Business combination, contingent consideration, asset 3,217 1,761   
Other undisclosed current assets3,1591,6294,6892,1772,5961,9411,334
Total current assets:139,906139,313129,09121,16517,82412,66812,929
Noncurrent Assets
Operating lease, right-of-use asset1,1461,276927 
Property, plant and equipment2,3391,838438341335291256
Intangible assets, net (including goodwill)19,25223,39024,81915,41316,29317,2179,455
Goodwill12,92112,92112,92110,38710,38710,3874,789
Intangible assets, net (excluding goodwill)6,33110,46911,8985,0265,9056,8304,666
Other noncurrent assets50515137373434
Other undisclosed noncurrent assets18,30114,11013,0968,2408,7908,3035,368
Total noncurrent assets:41,08840,66539,33024,03225,45525,84515,114
TOTAL ASSETS:180,994179,978168,42245,19743,27938,51228,043
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities3,9865,9912,6011,8431,5041,224590
Accounts payable19387350204352241108
Employee-related liabilities3,9675,6042,2511,6391,152983482
Deferred revenue568534299381
Debt    2,557247 
Deferred revenue and credits354176
Other liabilities      8
Other undisclosed current liabilities5,0615,0492,6042,5607672171,351
Total current liabilities:9,61511,5745,5054,7834,8272,0422,126
Noncurrent Liabilities
Long-term debt and lease obligation810896463    
Operating lease, liability810896463 
Liabilities, other than long-term debt2,1131,7262,354 3,1954,9273,185
Deferred tax liabilities, net3,1954,9273,185
Deferred income tax liabilities2,1131,7262,354 
Other undisclosed noncurrent liabilities  4,0642,7323,3345,738 
Total noncurrent liabilities:2,9232,6226,8812,7326,52910,6653,185
Total liabilities:12,53814,19612,3867,51511,35612,7085,310
Stockholders' equity
Stockholders' equity attributable to parent, including:168,456165,782156,03637,68231,92325,80522,733
Common stock134,51210108777
Additional paid in capital  128,53115,31913,45412,10911,376
Accumulated other comprehensive income (loss)(280)(43)58    
Retained earnings34,22432,40727,43622,35518,46213,68811,349
Other undisclosed stockholders' equity attributable to parent 133,408     
Total stockholders' equity:168,456165,782156,03637,68231,92325,80522,733
TOTAL LIABILITIES AND EQUITY:180,994179,978168,42245,19743,27938,51228,043

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

11/30/2021
TTM
8/31/2021
8/31/2020
8/31/2019
8/31/2018
8/31/2017
8/31/2016
Revenues48,18246,46641,58933,97029,66724,13819,972
Cost of revenue(10,923)(10,600)(10,649)(9,026)(7,994)(6,308)(4,602)
Gross profit:37,25935,86630,94024,94521,67217,83015,371
Operating expenses(25,266)(24,613)(19,335)(14,296)(11,375)(9,566)(8,139)
Operating income:11,99311,25311,60510,64910,2988,2647,232
Nonoperating income (expense)(48)(168)(218)(92)(159)(24)5
Foreign currency transaction gain (loss), before tax255139(45)(17)   
Other nonoperating income (expense)    (159)(24)5
Interest and debt expense(22)(22) (109)(153)(38) 
Other undisclosed income from continuing operations before equity method investments, income taxes2222 10915338 
Income from continuing operations before income taxes:11,94511,08511,38710,55610,1398,2407,236
Income tax expense(1,616)(1,303)(2,055)(1,973)(1,204)(2,453)(2,286)
Income before gain (loss) on sale of properties:10,3299,7829,3328,5838,9355,7884,950
Other undisclosed net income830      
Net income:11,1599,7829,3328,5838,9355,7884,950
Other undisclosed net loss attributable to parent(830)      
Net income available to common stockholders, diluted:10,3299,7829,3328,5838,9355,7884,950

Comprehensive Income ($ in thousands)

11/30/2021
TTM
8/31/2021
8/31/2020
8/31/2019
8/31/2018
8/31/2017
8/31/2016
Net income:11,1599,7829,3328,5838,9355,7884,950
Comprehensive income:11,1599,7829,3328,5838,9355,7884,950
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(1,168)(101)58    
Comprehensive income, net of tax, attributable to parent:9,9919,6819,3918,5838,9355,7884,950

Statements sources

The financial statements are based on the company's filings with the 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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