secwatch.observer — SEC 8-K summary
======================================

Issuer:     Simulations Plus, Inc. (SLP)
CIK:        0001023459
Form:       8-K
Filed at:   2024-10-23T23:59:59+00:00
Accession:  0001023459-24-000132
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Simulations Plus FY2024 revenue $70M (+18% YoY); guides FY2025 $90-93M rev, adj. EPS $1.07-1.20
--------------------------------------------------------------------------------

- Q4 FY2024 revenue $18.7M (+19% YoY); diluted EPS $0.04, adjusted diluted EPS $0.06.
- Full year FY2024 revenue $70.0M (+18% YoY); net income $10.0M, diluted EPS $0.49, adjusted diluted EPS $0.53.
- Fiscal 2025 guidance: revenue $90-93M (+28-33%); adjusted diluted EPS $1.07-1.20; adjusted EBITDA margin 31-33%.
- Software revenue grew 12% to $41.0M for FY2024; services revenue grew 26% to $29.0M.
- CEO cites Pro-ficiency acquisition integration ahead of schedule; total addressable market doubled to $8B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1023459/000102345924000132/0001023459-24-000132-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1023459/000102345924000132/slp-20241023.htm
  HTML page:      https://secwatch.observer/filing/0001023459-24-000132

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer