# Simulations Plus, Inc. · Edgar & Edgarette company card

> Simulations Plus grew revenue 13.1% in FY2025 to $79 million, operating margin -89.3% against a 6.6% median for computer integrated systems design, equity 94.6% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1023459 · fiscal year ended 2025-08-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/1023459) · [JSON](https://www.pops4.com/boards/company/1023459.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $79M |
| Revenue growth, 1 year | 13.1% |
| Revenue growth per year | 14.3% |
| Operating margin | -89.3% (prior year 8.8%) |
| Net margin | -81.7% |
| Operating cash flow | $18M |
| Capital spending | $713,000 |
| Free cash flow | $17M |
| Cash | $31M |
| Long-term debt | — |
| Total assets | $132M |
| Total equity | $125M |
| Equity ÷ assets | 94.6% |
| Return on equity | -51.9% |
| Dividend per share | $0.24 |
| Dividend years rising | 0 |

## Readings, computed from those figures

- Altman Z: 16.14 (safe zone)
- Piotroski F: 6 of 9 (solid)
- Beneish M: -5.34 (below the −1.78 line)
- Health Harbor boat: Weathered boat · two warning signs · operating loss: a margin of -89.3% in FY2025; revenue is hard to predict: its 80% range is ±25%
- Cash Compass: Cash cow later · growing fast, and already turning revenue into cash

## Edgarette's reading

Exposure: revenue $79.2M (FY2025). Experience: revenue up 13.1% on the year, up 14.3% a year over 4 years; operating margin -89.3%, down from 8.8%. Soundness: equity 94.6% of assets, return on equity -51.9%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $67.5M and $112.6M next year (method v4.1: its own 6-year record of growth weighed at 63% against $50M–100M filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $68.8M to $110.6M. A statistical range, not company guidance. Against peers (23 filers, $50M+ revenue, services-computer integrated systems design): operating margin -89.3% against a 6.6% median; growth 13.1% against 6.0%.

## Health Watch, last 12 months

- Item 3.01 Exchange listing notice or transfer: 1, latest 2026-10-06 ([filing](https://www.sec.gov/Archives/edgar/data/1023459/000102345926000092/0001023459-26-000092-index.htm))
- Item 5.02 Director or officer change: 4, latest 2026-10-06 ([filing](https://www.sec.gov/Archives/edgar/data/1023459/000102345926000092/0001023459-26-000092-index.htm))

## Recent filings

- 8-K · filed 2026-10-06 · 2.01 Completion of Acquisition or Disposition of Assets; 3.01 Notice of Delisting or Failure to Satisfy a Listing Rule; 3.03 Material Modifications to Rights of Security Holders; 5.01 Changes in Control of Registrant; 5.02 Departure or Election of Directors; Appointment of Officers; 5.03 Amendments to Articles or Bylaws; Change in Fiscal Year; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1023459/000102345926000092/0001023459-26-000092-index.htm)
- 8-K · filed 2026-08-28 · 5.07 Submission of Matters to a Vote of Security Holders; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1023459/000102345926000060/0001023459-26-000060-index.htm)
- 8-K · filed 2026-08-13 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1023459/000102345926000054/0001023459-26-000054-index.htm)
- 10-Q · filed 2026-07-09 · [filing](https://www.sec.gov/Archives/edgar/data/1023459/000102345926000038/0001023459-26-000038-index.htm)
- 8-K · filed 2026-07-09 · 2.02 Results of Operations and Financial Condition; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1023459/000102345926000037/0001023459-26-000037-index.htm)
- 8-K · filed 2026-06-17 · 1.01 Entry into a Material Definitive Agreement; 5.02 Departure or Election of Directors; Appointment of Officers; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1023459/000102345926000024/0001023459-26-000024-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001023459.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1023459

## Cite

POPS4, Edgar & Edgarette: Simulations Plus, Inc. company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/1023459. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.