NASDAQ$SLP

Simulations Plus Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Reported record first quarter financial results, showing revenue growth and increased profitability.

Simulations Plus reported strong first-quarter results with a 14% year-over-year revenue increase to $10.7 million and increased profitability, driven by strategic investments and the acquisition of Lixoft.

  • First quarter revenue reached $10.7 million, a 14% increase year-over-year.
  • The company signed a large COVID-19-related consulting services project.
  • A new three-year project was signed with a large private foundation.
  • The Board of Directors announced a quarterly dividend of $0.06 per share.

Headline financials

Total Revenue

$10.7M

Previous: $9.4M+13.8%
EPS (adj)

$0.12

Previous: $0.11+9.1%
Capital Expenditures

-$205K

Previous: -$31.5K-550.9%
Free Cash Flow

$2.27M

Previous: $2.03M+12.2%
Net Income

$2.48M

Previous: $2.06M+20.4%
Operating Income

$3.05M

Previous: $2.72M+12.2%
Gross Profit

$8.27M

Previous: $6.76M+22.3%
Cash & Equivalents

$27.7M

No prior period
Total Assets

$170M

No prior period
Stock-Based Comp

$532K

Previous: $367K+45.0%

Revenue & EPS history

Simulations Plus · Revenue · Quarterly

$10.7M

Q1 2021+13.8%vs Q1 2020
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Revenue by segment

Simulations Plus · $15.6M total across 2 segments · Q4 2023

  • Software
    $9.3M+57.6%
  • Services
    $6.3M+8.6%

Forward guidance

Simulations Plus anticipates continued organic growth of 15% to 20% in fiscal year 2021, supported by strong demand for consulting services and upcoming releases of next-generation software products.

Tailwinds

  • Strong demand for consulting services.
  • Next generation releases of several software products are scheduled for fiscal 2021.
  • Strategic investments in sales and marketing infrastructure.
  • Growing reliance on modeling and simulation in drug development.
  • Acquisition of Lixoft expanded addressable market.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

+0.7%

Avg return

Earnings day

+1.1%

Avg return

5 days after

+4.7%

Avg return

30 days after

60%

39 / 65 earnings

Positive

+23.2%

Q2 2024

Best reaction

-24.2%

Q3 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026+3.9%+12.7%+28.4%
Q1 2026+8.5%+3.4%-28.1%
Q4 2025+14.2%+14.8%+6.5%
Q3 2025-0.5%+1.3%+9.8%
Q2 2025+7.8%+7.3%+39.9%
Q1 2025-3.1%-2.9%+22.3%
Q4 2024-9.6%-9.8%-8.6%
Q3 2024-13.6%-15.8%-13.4%
Q2 2024+23.2%+28.0%+21.0%
Q1 2024-8.2%-12.2%-15.3%
Q4 2023-16.2%-14.9%-0.4%
Q3 2023-3.5%+4.3%+16.3%
Q2 2023-0.3%+2.2%-3.7%
Q1 2023-6.1%-4.4%+14.7%
Q4 2022-12.7%-10.6%-11.1%
Q3 2022+8.5%+7.4%+31.1%
Q2 2022+6.9%+2.6%-10.4%
Q1 2022+4.7%+1.4%-14.8%
Q4 2021+16.9%+28.3%+29.6%
Q3 2021-17.4%-18.6%-13.2%
Q2 2021-2.5%+0.7%-12.5%
Q1 2021-13.6%-13.5%+0.2%
Q4 2020-8.4%-13.5%-11.5%
Q3 2020+1.0%+0.8%+6.5%
Q2 2020+4.4%+10.2%+16.8%
Q1 2020+9.1%+6.8%+11.5%
Q4 2019+3.7%+5.5%+0.1%
Q3 2019+10.4%+12.8%+34.4%
Q2 2019+11.8%+8.1%+17.4%
Q1 2019-7.1%-5.3%-4.5%
Q4 2018+0.3%-0.2%-6.0%
Q3 2018-24.2%-23.4%-22.5%
Q2 2018+9.8%+10.1%+24.5%
Q1 2018+1.9%+5.2%+1.3%
Q4 2017-4.5%-4.2%-2.1%
Q3 2017+5.8%+8.5%+8.5%
Q2 2017-2.2%+0.0%+9.4%
Q1 2017+4.2%+4.7%+1.6%
Q4 2016+2.9%+4.6%+10.9%
Q3 2016+0.5%+3.2%+5.4%
Q2 2016-0.8%
Q1 2016+1.5%
Q4 2015+4.6%
Q3 2015+12.6%
Q2 2015+0.7%
Q1 2015-0.9%
Q4 2014-2.0%
Q3 2014+5.7%
Q2 2014+1.0%
Q1 2014+6.3%
Q4 2013-6.1%
Q3 2013+2.8%
Q2 2013+1.0%
Q1 2013-1.6%
Q4 2012+0.9%
Q3 2012-0.7%
Q3 2011-0.7%
Q2 2012+1.1%
Q1 2012+2.0%
Q1 2011+2.0%
Q4 2011+2.0%
Q2 2011+2.0%
Q4 2010+3.1%
Q3 2010+0.8%
Q2 2009-0.9%

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