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Aug 31, 2023
Simulations Plus Q4 2023 Earnings Report
Simulations Plus reported a strong fourth quarter and fiscal year 2023, marked by revenue growth and strategic acquisitions.
Key Takeaways
Simulations Plus reported a 33% increase in Q4 revenue to $15.6 million, driven by a 59% increase in software revenue and an 8% increase in services revenue. The company's adjusted EPS was $0.18, with a net income of $0.5 million.
Total revenue increased by 33% to $15.6 million.
Software revenue increased by 59% to $9.3 million, representing 60% of total revenue.
Services revenue increased by 8% to $6.3 million, representing 40% of total revenue.
Adjusted EPS was $0.18.
Simulations Plus
Simulations Plus
Simulations Plus Revenue by Segment
Simulations Plus Revenue by Geographic Location
Revenue by Segment
Software Revenue
CapyFin.comServices Revenue
CapyFin.comRevenue by Geographic Location
Americas Revenue
CapyFin.comEMEA Revenue
CapyFin.comAsia Pacific Revenue
CapyFin.com Forward Guidance
Simulations Plus provided fiscal year 2024 revenue guidance of $66 million - $69 million (+10-15%) and EPS guidance of $0.66 - $0.68.
Positive Outlook
- Revenue guidance of $66M - $69M (+10-15%).
Revenue & Expenses
Visualization of income flow from segment revenue to net income