NASDAQ$SLP

Simulations Plus Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Reported solid revenue growth, improved margins, and strong EPS growth.

Simulations Plus reported a 13% increase in total revenue, driven by a 25% growth in software revenue. Diluted EPS grew by 40%. The company's Board of Directors announced a quarterly dividend of $0.06 per share.

  • Total revenue growth of 13%.
  • Software revenue growth of 25%.
  • Diluted Earnings Per Share (EPS) growth of 40%.
  • Board of Directors announces quarterly dividend of $0.06 per share

Headline financials

Total Revenue

$14.8M

Previous: $13.1M+12.5%
EPS (adj)

$0.21

Previous: $0.15+40.0%
Capital Expenditures

-$710K

Previous: -$583K-21.8%
Free Cash Flow

$3.7M

Previous: $2.63M+40.8%
Net Income

$4.41M

Previous: $3.21M+37.3%
Operating Income

$5.48M

Previous: $3.49M+57.2%
Gross Profit

$12M

Previous: $10.2M+16.9%
Cash & Equivalents

$60.4M

Previous: $42.4M+42.4%
Total Assets

$185M

Previous: $176M+5.3%
Stock-Based Comp

$791K

Previous: $804K-1.6%

Revenue & EPS history

Simulations Plus · Revenue · Quarterly

$14.8M

Q2 2022+12.5%vs Q2 2021
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Revenue by segment

Simulations Plus · $20 total across 2 segments · Q2 2022

  • Software
    $25
  • Services
    -$5

Forward guidance

The company expects its software business to continue to deliver strong performance, combined with improved results in its services business. As a result, they remain confident in achieving their 10-15% revenue guidance for the full-year driven by a positive mix shift towards their higher-margin software offerings.

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 Q2 2022

Historical avgQ2 2022

+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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