NASDAQ$SLP
Simulations Plus Inc · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Reported strong fourth quarter and full-year fiscal 2022 financial results.
Simulations Plus reported a strong fourth quarter with a 19% increase in total revenue to $11.7 million. Full-year revenue grew by 16% to $53.9 million, and diluted earnings per share increased by 28% to $0.60.
- Total revenue increased 19% to $11.7 million.
- Software revenue increased 10% to $5.9 million, representing 50% of total revenue.
- Services revenue increased 30% to $5.8 million, representing 50% of total revenue.
- Net income was $1.0 million, or $0.05 per diluted share, compared to $0.3 million, or $0.01 per diluted share.
Headline financials
Revenue & EPS history
Simulations Plus · Revenue · Quarterly
$11.7M
Revenue by segment
Simulations Plus · $11.7M total across 2 segments · Q4 2022
- Software$5.9M+9.3%50.4%
- Services$5.8M+31.8%49.6%
Forward guidance
Simulations Plus provides Fiscal 2023 guidance for total revenue of $59.3 million to $62.0 million (+10% to 15%) and diluted earnings per share of $0.63-$0.67 (5-10%).
Tailwinds
- Expected revenue growth rate for fiscal 2023 is in line with long-term organic growth rate target of 10-15%.
- Full-year renewal rates are expected to be in-line with historical patterns.
- Company expects to invest in employee growth, recruiting and retention.
- Medium to long-term, expect to see a return to higher levels of operating leverage and margins.
- Deliver on long-term organic revenue growth targets of 10-15%.
Headwinds
- Expect seasonal revenue patterns to shift with changes in renewal patterns.
- Impact of somewhat slower renewal patterns on the part of clients is expected to continue into fiscal 2023.
- Sets up for lower-than-normal first fiscal-quarter revenue growth, roughly flat year-over-year.
- Seeing a competitive market for modeling and simulation professionals.
- Expect increased operating expense levels in fiscal 2023 as we digest these incremental costs.
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 Q4 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
| Quarter | Report date | Reaction (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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